Evolution Ab Stock Price on December 12, 2024
EVGGF Stock | USD 84.75 3.48 3.94% |
If you're considering investing in Evolution Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Evolution stands at 84.75, as last reported on the 13th of December 2024, with the highest price reaching 86.30 and the lowest price hitting 83.00 during the day. Evolution AB secures Sharpe Ratio (or Efficiency) of -0.0933, which denotes the company had a -0.0933% return per unit of risk over the last 3 months. Evolution AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evolution's Variance of 6.01, standard deviation of 2.45, and Mean Deviation of 1.54 to check the risk estimate we provide.
Evolution Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Evolution |
Sharpe Ratio = -0.0933
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | EVGGF |
Estimated Market Risk
2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolution is not performing at its full potential. However, 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 by adding Evolution to a well-diversified portfolio.
Evolution Valuation on December 12, 2024
It is possible to determine the worth of Evolution on a given historical date. On December 12, 2024 Evolution was worth 84.73 at the beginning of the trading date compared to the closed value of 84.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolution pink sheet. Still, in general, we apply an absolute valuation method to find Evolution'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolution's related companies.
Open | High | Low | Close | Volume | |
87.87 | 89.00 | 86.45 | 88.23 | 3,500 | |
12/12/2024 | 84.73 | 86.30 | 83.00 | 84.75 | 4,600 |
Backtest Evolution | | | Evolution History | | | Evolution Valuation | Previous |
Evolution Trading Date Momentum on December 12, 2024
On December 12 2024 Evolution AB was traded for 84.75 at the closing time. The highest daily price throughout the period was 86.30 and the lowest price was 83.00 . The daily volume was 4.6 K. The net trading volume on 12/12/2024 did not affect price variability. The overall trading delta to current closing price is 0.02% . |
Evolution AB Fundamentals Correlations and Trends
By evaluating Evolution'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'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 Pink Sheet history
Evolution 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 AB 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 stock prices may prove useful in developing a viable investing in Evolution
Evolution AB develops, produces, markets, and licenses live casino and slots solutions to gaming operators primarily in Europe and the United States. Evolution AB was founded in 2006 and is headquartered in Stockholm, Sweden. Evolution Gaming is traded on OTC Exchange in the United States.
Evolution Pink Sheet Technical Analysis
Evolution technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Evolution Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Evolution AB cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolution pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolution shares will generate the highest return on investment. By undertsting and applying Evolution pink sheet market strength indicators, traders can identify Evolution AB entry and exit signals to maximize returns
Evolution Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolution's price direction in advance. Along with the technical and fundamental analysis of Evolution Pink Sheet 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 | (0.05) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (8.07) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Evolution Pink Sheet analysis
When running Evolution's price analysis, check to measure Evolution'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 Evolution is operating at the current time. Most of Evolution's value examination focuses on studying past and present price action to predict the probability of Evolution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution's price. Additionally, you may evaluate how the addition of Evolution to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |