Evgo Operating Cycle from 2010 to 2026
| EVGO Stock | USD 2.52 0.16 5.97% |
Operating Cycle | First Reported 2010-12-31 | Previous Quarter 36.70849758 | Current Value 34.87 | Quarterly Volatility 52.16692495 |
Check Evgo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evgo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 79.4 M, Interest Expense of 0.0 or Selling General Administrative of 87.4 M, as well as many indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0 or PTB Ratio of 0.96. Evgo financial statements analysis is a perfect complement when working with Evgo Valuation or Volatility modules.
Evgo | Operating Cycle | Build AI portfolio with Evgo Stock |
Evaluating Evgo's Operating Cycle across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Evgo Inc's fundamental strength.
Latest Evgo's Operating Cycle Growth Pattern
Below is the plot of the Operating Cycle of Evgo Inc over the last few years. It is Evgo's Operating Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evgo's overall financial position and show how it may be relating to other accounts over time.
| Operating Cycle | 10 Years Trend |
|
Operating Cycle |
| Timeline |
Evgo Operating Cycle Regression Statistics
| Arithmetic Mean | 87.85 | |
| Geometric Mean | 76.84 | |
| Coefficient Of Variation | 59.38 | |
| Mean Deviation | 35.63 | |
| Median | 71.77 | |
| Standard Deviation | 52.17 | |
| Sample Variance | 2,721 | |
| Range | 191 | |
| R-Value | 0.15 | |
| Mean Square Error | 2,842 | |
| R-Squared | 0.02 | |
| Significance | 0.58 | |
| Slope | 1.50 | |
| Total Sum of Squares | 43,542 |
Evgo Operating Cycle History
About Evgo Financial Statements
Evgo investors utilize fundamental indicators, such as Operating Cycle, to predict how Evgo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Cycle | 36.71 | 34.87 |
Pair Trading with Evgo
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 Evgo 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 Evgo will appreciate offsetting losses from the drop in the long position's value.Moving together with Evgo Stock
Moving against Evgo Stock
| 0.62 | MRE | Martinrea International Earnings Call Today | PairCorr |
| 0.62 | TRA | Turners Automotive | PairCorr |
| 0.42 | ACQ | Autocanada | PairCorr |
| 0.39 | IXD1 | Industria de Diseno Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Evgo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evgo 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 Evgo - 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 Evgo Inc to buy it.
The correlation of Evgo 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 Evgo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evgo Inc 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 Evgo 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.Check out the analysis of Evgo Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Will Automotive Retail sector continue expanding? Could Evgo diversify its offerings? Factors like these will boost the valuation of Evgo. Projected growth potential of Evgo fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Evgo data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.90) | Earnings Share (0.38) | Revenue Per Share | Quarterly Revenue Growth 0.367 | Return On Assets |
Investors evaluate Evgo Inc using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Evgo's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Evgo's market price to deviate significantly from intrinsic value.
It's important to distinguish between Evgo's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Evgo should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Evgo's market price signifies the transaction level at which participants voluntarily complete trades.