EVgo Equity Stock Forecast - Potential Upside

EVGOW Stock  USD 1.11  0.02  1.83%   
EVgo Stock Forecast is based on your current time horizon.
  
Receivables Turnover is likely to climb to 5.04 in 2024, whereas Inventory Turnover is likely to drop 13.29 in 2024. . Common Stock Shares Outstanding is likely to drop to about 71.5 M in 2024.
EVgo Equity Warrants has current Potential Upside of 0.
Check EVgo Equity VolatilityBacktest EVgo EquityInformation Ratio  

EVgo Equity Trading Date Momentum

On November 22 2024 EVgo Equity Warrants was traded for  1.11  at the closing time. The highest daily price throughout the period was 1.16  and the lowest price was  1.00 . The daily volume was 76 K. The net trading volume on 11/22/2024 did not affect price variability. The overall trading delta to current closing price is 1.80% .
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Other Forecasting Options for EVgo Equity

For every potential investor in EVgo, whether a beginner or expert, EVgo Equity's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. EVgo Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in EVgo. Basic forecasting techniques help filter out the noise by identifying EVgo Equity's price trends.

EVgo Equity Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EVgo Equity stock to make a market-neutral strategy. Peer analysis of EVgo Equity could also be used in its relative valuation, which is a method of valuing EVgo Equity by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

EVgo Equity Warrants Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of EVgo Equity's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of EVgo Equity's current price.

EVgo Equity Market Strength Events

Market strength indicators help investors to evaluate how EVgo Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVgo Equity shares will generate the highest return on investment. By undertsting and applying EVgo Equity stock market strength indicators, traders can identify EVgo Equity Warrants entry and exit signals to maximize returns.

EVgo Equity Risk Indicators

The analysis of EVgo Equity's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in EVgo Equity's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting evgo stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for EVgo Stock Analysis

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