Ezfill Holdings Stock Market Value
| EZFL Stock | USD 2.41 0.12 4.74% |
| Symbol | EzFill |
EzFill Holdings Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EzFill Holdings. If investors know EzFill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EzFill Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (9.98) | Revenue Per Share 14.662 | Quarterly Revenue Growth 0.207 | Return On Assets (0.70) | Return On Equity (57.65) |
The market value of EzFill Holdings is measured differently than its book value, which is the value of EzFill that is recorded on the company's balance sheet. Investors also form their own opinion of EzFill Holdings' value that differs from its market value or its book value, called intrinsic value, which is EzFill Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EzFill Holdings' market value can be influenced by many factors that don't directly affect EzFill Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EzFill Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if EzFill Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EzFill Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
EzFill Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EzFill Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EzFill Holdings.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in EzFill Holdings on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding EzFill Holdings or generate 0.0% return on investment in EzFill Holdings over 720 days. EzFill Holdings is related to or competes with Transcode Therapeutics, Sentage Holdings, Paltalk, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. EZFill Holdings Inc. operates as a mobile fueling company primarily in Florida More
EzFill Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EzFill Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EzFill Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 21.25 | |||
| Value At Risk | (6.82) | |||
| Potential Upside | 7.82 |
EzFill Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EzFill Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EzFill Holdings' standard deviation. In reality, there are many statistical measures that can use EzFill Holdings historical prices to predict the future EzFill Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 0.3377 |
EzFill Holdings Backtested Returns
EzFill Holdings secures Sharpe Ratio (or Efficiency) of -0.048, which denotes the company had a -0.048% return per unit of return volatility over the last 3 months. EzFill Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EzFill Holdings' mean deviation of 3.6, and Standard Deviation of 4.56 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.64, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EzFill Holdings are expected to decrease at a much lower rate. During the bear market, EzFill Holdings is likely to outperform the market. At this point, EzFill Holdings has a negative expected return of -0.22%. Please make sure to confirm EzFill Holdings' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if EzFill Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
EzFill Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between EzFill Holdings time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EzFill Holdings price movement. The serial correlation of -0.13 indicates that less than 13.0% of current EzFill Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1.37 |
EzFill Holdings lagged returns against current returns
Autocorrelation, which is EzFill Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EzFill Holdings' stock expected returns. We can calculate the autocorrelation of EzFill Holdings returns to help us make a trade decision. For example, suppose you find that EzFill Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
EzFill Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EzFill Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EzFill Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EzFill Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
EzFill Holdings Lagged Returns
When evaluating EzFill Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EzFill Holdings stock have on its future price. EzFill Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EzFill Holdings autocorrelation shows the relationship between EzFill Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in EzFill Holdings.
Regressed Prices |
| Timeline |
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EzFill Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.