Endava plc Shares Sold by Quadrature Capital Ltd
| DAVA Stock | USD 29.78 0.13 0.43% |
About 56% of Endava's investor base is looking to short. The analysis of overall sentiment of trading Endava stock suggests that many investors are alarmed at this time. The current market sentiment, together with Endava's historical and current headlines, can help investors time the market. In addition, many technical investors use Endava stock news signals to limit their universe of possible portfolio assets.
Endava |
Quadrature Capital Ltd cut its stake in shares of Endava plc by 14.6 percent in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission . The fund owned 23,143 shares of the companys stock after selling 3,970 shares during the period. Quadrature Capital
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Endava Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Endava's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Endava.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
Endava Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Endava can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Endava Historical Investor Sentiment
Investor biases related to Endava's public news can be used to forecast risks associated with an investment in Endava. The trend in average sentiment can be used to explain how an investor holding Endava can time the market purely based on public headlines and social activities around Endava. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Endava's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Endava and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Endava news discussions. The higher the estimate score, the more favorable the investor's outlook on Endava.
Endava Fundamental Analysis
We analyze Endava's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Endava using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Endava 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.
Beta
Beta Comparative Analysis
Endava is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Endava Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Endava stock to make a market-neutral strategy. Peer analysis of Endava could also be used in its relative valuation, which is a method of valuing Endava by comparing valuation metrics with similar companies.
Peers
Endava Related Equities
| ARQQ | Arqit Quantum | 14.03 | ||||
| STEM | Stem | 5.56 | ||||
| ALAR | Alarum Technologies | 3.97 | ||||
| RAMP | Liveramp Holdings | 0.88 | ||||
| TENB | Tenable Holdings | 0.21 | ||||
| NTNX | Nutanix | 1.76 | ||||
| CINT | CiT | 1.90 | ||||
| GCT | GigaCloud Technology | 5.05 | ||||
| PGY | Pagaya Technologies | 5.66 | ||||
| YEXT | Yext | 17.14 |
Complementary Tools for Endava Stock analysis
When running Endava's price analysis, check to measure Endava'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 Endava is operating at the current time. Most of Endava's value examination focuses on studying past and present price action to predict the probability of Endava's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endava's price. Additionally, you may evaluate how the addition of Endava to your portfolios can decrease your overall portfolio volatility.
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