EverQuote Depreciation And Amortization from 2010 to 2024

EVER Stock  USD 19.67  0.34  1.76%   
EverQuote Depreciation And Amortization yearly trend continues to be relatively stable with very little volatility. Depreciation And Amortization is likely to drop to about 3.9 M. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2017-03-31
Previous Quarter
1.2 M
Current Value
1.6 M
Quarterly Volatility
802.4 K
 
Covid
Check EverQuote financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among EverQuote's main balance sheet or income statement drivers, such as Interest Expense of 444.4 K, Selling General Administrative of 20.8 M or Total Revenue of 203.1 M, as well as many indicators such as Price To Sales Ratio of 2.31, Dividend Yield of 0.0 or PTB Ratio of 5.3. EverQuote financial statements analysis is a perfect complement when working with EverQuote Valuation or Volatility modules.
  
Check out the analysis of EverQuote Correlation against competitors.

Latest EverQuote's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of EverQuote Class A over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. EverQuote's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in EverQuote's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

EverQuote Depreciation And Amortization Regression Statistics

Arithmetic Mean2,699,423
Geometric Mean2,246,077
Coefficient Of Variation66.29
Mean Deviation1,537,974
Median1,437,000
Standard Deviation1,789,368
Sample Variance3.2T
Range4.9M
R-Value0.82
Mean Square Error1.1T
R-Squared0.67
Significance0.0002
Slope327,326
Total Sum of Squares44.8T

EverQuote Depreciation And Amortization History

20243.9 M
20236.2 M
20225.8 M
20215.1 M
20203.4 M
20193.4 M
20181.3 M

About EverQuote Financial Statements

EverQuote shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although EverQuote investors may analyze each financial statement separately, they are all interrelated. The changes in EverQuote's assets and liabilities, for example, are also reflected in the revenues and expenses on on EverQuote's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Depreciation And Amortization6.2 M3.9 M

Pair Trading with EverQuote

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 EverQuote 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 EverQuote will appreciate offsetting losses from the drop in the long position's value.

Moving together with EverQuote Stock

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Moving against EverQuote Stock

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The ability to find closely correlated positions to EverQuote could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EverQuote 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 EverQuote - 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 EverQuote Class A to buy it.
The correlation of EverQuote 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 EverQuote moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EverQuote Class A 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 EverQuote 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.
Pair CorrelationCorrelation Matching

Additional Tools for EverQuote Stock Analysis

When running EverQuote's price analysis, check to measure EverQuote'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 EverQuote is operating at the current time. Most of EverQuote's value examination focuses on studying past and present price action to predict the probability of EverQuote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverQuote's price. Additionally, you may evaluate how the addition of EverQuote to your portfolios can decrease your overall portfolio volatility.