Evgo Inc Stock Price on October 31, 2024

EVGO Stock  USD 6.51  0.04  0.62%   
If you're considering investing in Evgo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Evgo stands at 6.51, as last reported on the 30th of November, with the highest price reaching 6.92 and the lowest price hitting 6.39 during the day. Evgo is risky given 3 months investment horizon. Evgo Inc secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Evgo Downside Deviation of 4.97, mean deviation of 4.98, and Coefficient Of Variation of 892.84 to evaluate company specific risk that cannot be diversified away.
  
At this time, Evgo's Other Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Stock Based Compensation is likely to grow to about 31.2 M, while Common Stock is likely to drop about 28.5 K. . As of the 30th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.14, while Price To Sales Ratio is likely to drop 1.91. Evgo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1137

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Estimated Market Risk

 9.19
  actual daily
81
81% of assets are less volatile

Expected Return

 1.05
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Evgo is performing at about 8% 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 Evgo by adding it to a well-diversified portfolio.
Price Book
34.0239
Enterprise Value Ebitda
(1.73)
Price Sales
8.1962
Shares Float
100.4 M
Wall Street Target Price
8

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Evgo Valuation on October 31, 2024

It is possible to determine the worth of Evgo on a given historical date. On October 31, 2024 Evgo was worth 8.39 at the beginning of the trading date compared to the closed value of 7.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evgo stock. Still, in general, we apply an absolute valuation method to find Evgo'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 Evgo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evgo's related companies.
 Open High Low Close Volume
  8.34    8.51    8.17    8.27    3,440,293  
10/31/2024
  8.39    8.39    7.82    7.84    3,161,847  
  7.98    8.42    7.86    7.97    3,714,595  
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Open Value
8.39
7.84
Closing Value
35.97
Upside

Evgo Trading Date Momentum on October 31, 2024

On November 01 2024 Evgo Inc was traded for  7.97  at the closing time. The top price for the day was 8.42  and the lowest listed price was  7.86 . The trading volume for the day was 3.7 M. The trading history from November 1, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 1.66% . The overall trading delta against the current closing price is 29.08% .

Evgo Inc Fundamentals Correlations and Trends

By evaluating Evgo'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 Evgo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evgo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Evgo Stock history

Evgo 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 Evgo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evgo Inc 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 Evgo stock prices may prove useful in developing a viable investing in Evgo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding90.6 M71.5 M
Net Loss-5.4 M-5.6 M

Evgo Stock Technical Analysis

Evgo 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.
A focus of Evgo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Evgo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Evgo Period Price Range

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November 30, 2024
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Evgo November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Evgo 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 shares will generate the highest return on investment. By undertsting and applying Evgo stock market strength indicators, traders can identify Evgo Inc entry and exit signals to maximize returns

Evgo Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Evgo's price direction in advance. Along with the technical and fundamental analysis of Evgo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evgo 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.
When determining whether Evgo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evgo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evgo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evgo Inc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Automotive Retail 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 Evgo. If investors know Evgo 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 Evgo 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
(0.90)
Earnings Share
(0.42)
Revenue Per Share
2.282
Quarterly Revenue Growth
0.924
Return On Assets
(0.1)
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo'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 Evgo's market value can be influenced by many factors that don't directly affect Evgo'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 Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo'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.