Evgo Equity Warrants Stock Probability of Future Stock Price Finishing Under 0
| EVGOW Stock | USD 1.11 0.02 1.83% |
EVgo |
EVgo Equity Target Price Odds to finish below 0
The tendency of EVgo Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 0.00 or more in 90 days |
| 1.11 | 90 days | 0.00 | about 6.32 |
Based on a normal probability distribution, the odds of EVgo Equity to drop to $ 0.00 or more in 90 days from now is about 6.32 (This EVgo Equity Warrants probability density function shows the probability of EVgo Stock to fall within a particular range of prices over 90 days) . Probability of EVgo Equity Warrants price to stay between $ 0.00 and its current price of $1.11 at the end of the 90-day period is about 62.48 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.75 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EVgo Equity will likely underperform. In addition to that EVgo Equity Warrants has an alpha of 3.6665, implying that it can generate a 3.67 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EVgo Equity Price Density |
| Price |
Predictive Modules for EVgo Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EVgo Equity Warrants. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.EVgo Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EVgo Equity is not an exception. The market had few large corrections towards the EVgo Equity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold EVgo Equity Warrants, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EVgo Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 3.67 | |
β | Beta against Dow Jones | 1.75 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | 0.16 |
EVgo Equity Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of EVgo Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EVgo Equity Warrants can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EVgo Equity Warrants is way too risky over 90 days horizon | |
| EVgo Equity Warrants may become a speculative penny stock | |
| EVgo Equity Warrants appears to be risky and price may revert if volatility continues | |
| EVgo Equity Warrants has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 160.95 M. Net Loss for the year was (135.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EVgo Equity generates negative cash flow from operations | |
| EVgo Equity Warrants has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: EVgo Surges 92 percent in Record Q3 Secures 1.05B DOE Loan, Raises 2024 Guidance EVGO Stock News - StockTitan |
EVgo Equity Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of EVgo Stock often depends not only on the future outlook of the current and potential EVgo Equity's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EVgo Equity's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 90.6 M | |
| Cash And Short Term Investments | 209.1 M |
EVgo Equity Technical Analysis
EVgo Equity's future price can be derived by breaking down and analyzing its technical indicators over time. EVgo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EVgo Equity Warrants. In general, you should focus on analyzing EVgo Stock price patterns and their correlations with different microeconomic environments and drivers.
EVgo Equity Predictive Forecast Models
EVgo Equity's time-series forecasting models is one of many EVgo Equity's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary EVgo Equity's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about EVgo Equity Warrants
Checking the ongoing alerts about EVgo Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EVgo Equity Warrants help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EVgo Equity Warrants is way too risky over 90 days horizon | |
| EVgo Equity Warrants may become a speculative penny stock | |
| EVgo Equity Warrants appears to be risky and price may revert if volatility continues | |
| EVgo Equity Warrants has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 160.95 M. Net Loss for the year was (135.47 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| EVgo Equity generates negative cash flow from operations | |
| EVgo Equity Warrants has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: EVgo Surges 92 percent in Record Q3 Secures 1.05B DOE Loan, Raises 2024 Guidance EVGO Stock News - StockTitan |
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.