Eva Live Current Valuation vs. Beta
| GOAI Stock | USD 1.80 0.31 14.69% |
For Eva Live profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Eva Live to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Eva Live utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Eva Live's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Eva Live over time as well as its relative position and ranking within its peers.
Eva |
Eva Live Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Eva Live's current stock value. Our valuation model uses many indicators to compare Eva Live value to that of its competitors to determine the firm's financial worth. Eva Live is rated as one of the top companies in current valuation category among its peers. It also is one of the top stocks in beta category among its peers . The ratio of Current Valuation to Beta for Eva Live is about 700,398 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Eva Live by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eva Live's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Eva Current Valuation vs. Competition
Eva Live is rated as one of the top companies in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Entertainment industry is currently estimated at about 23.37 Billion. Eva Live adds roughly 1.71 Million in current valuation claiming only tiny portion of equities under Entertainment industry.
Eva Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Eva Live |
| = | 1.71 M |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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.
Eva Live |
| = | 2.45 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Eva Beta Comparison
Eva Live is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Eva Live will likely underperform.
Eva Live Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Eva Live, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Eva Live will eventually generate negative long term returns. The profitability progress is the general direction of Eva Live's change in net profit over the period of time. It can combine multiple indicators of Eva Live, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Eva Live, Inc. operates in the entertainment, publishing, and interactive industries. Eva Live, Inc. was incorporated in 2002 and is based in Santa Monica, California. Eva Live operates under Entertainment classification in the United States and is traded on OTC Exchange.
Eva Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Eva Live. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Eva Live position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Eva Live's important profitability drivers and their relationship over time.
Use Eva Live in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eva Live position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eva Live will appreciate offsetting losses from the drop in the long position's value.Eva Live Pair Trading
Eva Live Pair Trading Analysis
The ability to find closely correlated positions to Eva Live could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eva Live when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eva Live - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eva Live to buy it.
The correlation of Eva Live is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eva Live moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eva Live moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eva Live can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Eva Live position
In addition to having Eva Live in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Materials ETFs Thematic Idea Now
Materials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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Other Information on Investing in Eva OTC Stock
To fully project Eva Live's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Eva Live at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Eva Live's income statement, its balance sheet, and the statement of cash flows.