Evolution Petroleum Stock Price on December 29, 2023
| EPM Stock | USD 6.11 0.22 3.74% |
Below is the normalized historical share price chart for Evolution Petroleum extending back to April 11, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Evolution Petroleum stands at 6.11, as last reported on the 22nd of November, with the highest price reaching 6.12 and the lowest price hitting 5.90 during the day.
If you're considering investing in Evolution Stock, it is important to understand the factors that can impact its price. Evolution Petroleum appears to be somewhat reliable, given 3 months investment horizon. Evolution Petroleum secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evolution Petroleum, which you can use to evaluate the volatility of the firm. Please utilize Evolution Petroleum's Downside Deviation of 1.88, coefficient of variation of 793.27, and Mean Deviation of 1.81 to check if our risk estimates are consistent with your expectations.
As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 171 M, while Total Stockholder Equity is likely to drop about 42.9 M. . As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price To Sales Ratio is likely to drop 1.84. Evolution Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date | 200 Day MA 5.5095 | 50 Day MA 5.4728 | Beta 0.858 |
Evolution |
Sharpe Ratio = 0.1242
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Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Evolution Petroleum is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evolution Petroleum by adding it to a well-diversified portfolio.
Price Book 2.485 | Enterprise Value Ebitda 7.6296 | Price Sales 2.3548 | Shares Float 29.6 M | Dividend Share 0.48 |
Evolution Petroleum Main Headline on 29th of December 2023
Evolution Petroleum dividend paid on 29th of December 2023 |
Evolution Petroleum Valuation on December 29, 2023
It is possible to determine the worth of Evolution Petroleum on a given historical date. On December 29, 2023 Evolution was worth 5.51 at the beginning of the trading date compared to the closed value of 5.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolution Petroleum stock. Still, in general, we apply an absolute valuation method to find Evolution Petroleum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Evolution Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolution Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 5.49 | 5.52 | 5.43 | 5.47 | 245,197 | |
12/29/2023 | 5.51 | 5.52 | 5.41 | 5.45 | 372,718 |
| 5.53 | 5.62 | 5.43 | 5.44 | 337,200 |
| Backtest Evolution Petroleum | | | Evolution Petroleum History | | | Evolution Petroleum Valuation | Previous | Next |
Evolution Petroleum Trading Date Momentum on December 29, 2023
| On January 02 2024 Evolution Petroleum was traded for 5.44 at the closing time. Highest Evolution Petroleum's price during the trading hours was 5.62 and the lowest price during the day was 5.43 . The net volume was 337.2 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.18% . The overall trading delta to current price is 1.10% . |
Evolution Petroleum Fundamentals Correlations and Trends
By evaluating Evolution Petroleum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evolution Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolution financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolution Petroleum Stock history
Evolution Petroleum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Evolution is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolution Petroleum will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Evolution Petroleum stock prices may prove useful in developing a viable investing in Evolution Petroleum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.9 M | 24 M | |
| Net Income Applicable To Common Shares | 40.5 M | 42.5 M |
Evolution Petroleum Quarterly Net Working Capital |
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Evolution Petroleum Stock Technical Analysis
Evolution Petroleum technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Evolution Petroleum Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Evolution Petroleum cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Evolution Petroleum November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolution Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolution Petroleum shares will generate the highest return on investment. By undertsting and applying Evolution Petroleum stock market strength indicators, traders can identify Evolution Petroleum entry and exit signals to maximize returns
Evolution Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolution Petroleum's price direction in advance. Along with the technical and fundamental analysis of Evolution Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolution to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.2441 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1297 | |||
| Treynor Ratio | 0.3446 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolution Petroleum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Evolution Stock, please use our How to Invest in Evolution Petroleum guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evolution Petroleum. If investors know Evolution will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evolution Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.5 | Dividend Share 0.48 | Earnings Share 0.14 | Revenue Per Share 2.665 | Quarterly Revenue Growth 0.063 |
The market value of Evolution Petroleum is measured differently than its book value, which is the value of Evolution that is recorded on the company's balance sheet. Investors also form their own opinion of Evolution Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Evolution Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evolution Petroleum's market value can be influenced by many factors that don't directly affect Evolution Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evolution Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolution Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolution Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.