Evgo Equity Warrants Stock Buy Hold or Sell Recommendation
| EVGOW Stock | USD 1.09 0.17 18.48% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding EVgo Equity Warrants is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell EVgo Equity Warrants given historical horizon and risk tolerance towards EVgo Equity. When Macroaxis issues a 'buy' or 'sell' recommendation for EVgo Equity Warrants, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out EVgo Equity Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as EVgo and provide practical buy, sell, or hold advice based on investors' constraints. EVgo Equity Warrants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
EVgo |
Execute EVgo Equity Buy or Sell Advice
The EVgo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on EVgo Equity Warrants. Macroaxis does not own or have any residual interests in EVgo Equity Warrants or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute EVgo Equity's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
EVgo Equity Trading Alerts and Improvement Suggestions
| EVgo Equity Warrants is way too risky over 90 days horizon | |
| EVgo Equity Warrants has some characteristics of a very 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 Returns Distribution Density
The distribution of EVgo Equity's historical returns is an attempt to chart the uncertainty of EVgo Equity's future price movements. The chart of the probability distribution of EVgo Equity daily returns describes the distribution of returns around its average expected value. We use EVgo Equity Warrants price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of EVgo Equity returns is essential to provide solid investment advice for EVgo Equity.
| Mean Return | 3.63 | Value At Risk | -14.29 | Potential Upside | 27.94 | Standard Deviation | 23.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of EVgo Equity historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
EVgo Equity Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to EVgo Equity or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that EVgo Equity's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a EVgo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 3.50 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 23.73 | |
Ir | Information ratio | 0.15 |
EVgo Equity Volatility Alert
EVgo Equity Warrants is showing large volatility of returns over the selected time horizon. EVgo Equity Warrants is a potential penny stock. Although EVgo Equity may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in EVgo Equity Warrants. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on EVgo instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.EVgo Equity Fundamentals Vs Peers
Comparing EVgo Equity's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze EVgo Equity's direct or indirect competition across all of the common fundamentals between EVgo Equity and the related equities. This way, we can detect undervalued stocks with similar characteristics as EVgo Equity or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of EVgo Equity's fundamental indicators could also be used in its relative valuation, which is a method of valuing EVgo Equity by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare EVgo Equity to competition |
| Fundamentals | EVgo Equity | Peer Average |
| Return On Equity | -0.25 | -0.31 |
| Return On Asset | -0.0972 | -0.14 |
| Profit Margin | (0.19) % | (1.27) % |
| Operating Margin | (0.48) % | (5.51) % |
| Number Of Shares Shorted | 17.56 K | 4.71 M |
| Revenue | 160.95 M | 9.43 B |
| EBITDA | (83.46 M) | 3.9 B |
| Net Income | (135.47 M) | 570.98 M |
| Total Debt | 68 M | 5.32 B |
| Book Value Per Share | (3.22) X | 1.93 K |
| Cash Flow From Operations | (37.05 M) | 971.22 M |
| Number Of Employees | 292 | 18.84 K |
| Beta | 2.39 | -0.15 |
| Total Asset | 806.61 M | 29.47 B |
| Retained Earnings | (248.55 M) | 9.33 B |
| Working Capital | 178.06 M | 1.48 B |
| Net Asset | 806.61 M |
Note: Disposition of 53163 shares by Olga Shevorenkova of EVgo Equity subject to Rule 16b-3 [view details]
EVgo Equity Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as EVgo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About EVgo Equity Buy or Sell Advice
When is the right time to buy or sell EVgo Equity Warrants? Buying financial instruments such as EVgo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having EVgo Equity 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 Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 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 Banking Theme or any other thematic opportunities.
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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.