Evgo Equity Warrants Stock Net Asset

EVGOW Stock  USD 1.10  0.01  0.90%   
EVgo Equity Warrants fundamentals help investors to digest information that contributes to EVgo Equity's financial success or failures. It also enables traders to predict the movement of EVgo Stock. The fundamental analysis module provides a way to measure EVgo Equity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to EVgo Equity stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

EVgo Equity Warrants Company Net Asset Analysis

EVgo Equity's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current EVgo Equity Net Asset

    
  806.61 M  
Most of EVgo Equity's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, EVgo Equity Warrants is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

EVgo Net Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for EVgo Equity is extremely important. It helps to project a fair market value of EVgo Stock properly, considering its historical fundamentals such as Net Asset. Since EVgo Equity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of EVgo Equity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of EVgo Equity's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
Competition

EVgo Total Assets

Total Assets

557.56 Million

At this time, EVgo Equity's Total Assets are fairly stable compared to the past year.
Based on the recorded statements, EVgo Equity Warrants has a Net Asset of 806.61 M. This is much higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The net asset for all United States stocks is notably lower than that of the firm.

EVgo Net Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EVgo Equity's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of EVgo Equity could also be used in its relative valuation, which is a method of valuing EVgo Equity by comparing valuation metrics of similar companies.
EVgo Equity is currently under evaluation in net asset category among its peers.

EVgo Fundamentals

About EVgo Equity Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze EVgo Equity Warrants's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EVgo Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EVgo Equity Warrants based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EVgo Stock Analysis

When running EVgo Equity's price analysis, check to measure EVgo Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.