Evergreen Warrant Stock Performance
| EVGRW Stock | USD 0.06 0.0001 0.17% |
Evergreen Warrant holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.52, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Evergreen Warrant are expected to decrease at a much lower rate. During the bear market, Evergreen Warrant is likely to outperform the market. Use Evergreen Warrant total risk alpha and the relationship between the downside variance and period momentum indicator , to analyze future returns on Evergreen Warrant.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Evergreen Warrant are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Evergreen Warrant showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Is Now The Time To Put Evergreen Steel On Your Watchlist - Simply Wall St | 08/07/2024 |
| Begin Period Cash Flow | 301.2 K |
Evergreen |
Evergreen Warrant Relative Risk vs. Return Landscape
If you would invest 6.00 in Evergreen Warrant on September 14, 2024 and sell it today you would earn a total of 0.00 from holding Evergreen Warrant or generate 0.0% return on investment over 90 days. Evergreen Warrant is currently producing 1.2251% returns and takes up 15.8745% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Evergreen, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Evergreen Warrant Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evergreen Warrant's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evergreen Warrant, and traders can use it to determine the average amount a Evergreen Warrant's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0772
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 15.87 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.23 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Evergreen Warrant is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evergreen Warrant by adding it to a well-diversified portfolio.
Evergreen Warrant Fundamentals Growth
Evergreen Stock prices reflect investors' perceptions of the future prospects and financial health of Evergreen Warrant, and Evergreen Warrant fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evergreen Stock performance.
| Return On Asset | -0.0101 | ||||
| EBITDA | 3.67 M | ||||
| Net Income | 3.67 M | ||||
| Total Debt | 3.59 M | ||||
| Book Value Per Share | (1.19) X | ||||
| Cash Flow From Operations | (804.29 K) | ||||
| Total Asset | 83.14 M | ||||
| Retained Earnings | (7.92 M) | ||||
| Working Capital | (3.89 M) | ||||
About Evergreen Warrant Performance
Evaluating Evergreen Warrant's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Evergreen Warrant has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Evergreen Warrant has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.04 | 0.03 |
Things to note about Evergreen Warrant performance evaluation
Checking the ongoing alerts about Evergreen Warrant for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evergreen Warrant help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evergreen Warrant is way too risky over 90 days horizon | |
| Evergreen Warrant has some characteristics of a very speculative penny stock | |
| Evergreen Warrant appears to be risky and price may revert if volatility continues | |
| Evergreen Warrant has a very high chance of going through financial distress in the upcoming years | |
| Evergreen Warrant generates negative cash flow from operations | |
| Evergreen Warrant has a poor financial position based on the latest SEC disclosures |
- Analyzing Evergreen Warrant's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Evergreen Warrant's stock is overvalued or undervalued compared to its peers.
- Examining Evergreen Warrant's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Evergreen Warrant's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evergreen Warrant's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evergreen Warrant's stock. These opinions can provide insight into Evergreen Warrant's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Evergreen Stock Analysis
When running Evergreen Warrant's price analysis, check to measure Evergreen Warrant'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 Evergreen Warrant is operating at the current time. Most of Evergreen Warrant's value examination focuses on studying past and present price action to predict the probability of Evergreen Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Warrant's price. Additionally, you may evaluate how the addition of Evergreen Warrant to your portfolios can decrease your overall portfolio volatility.