Evolent Health Stock Price on August 27, 2024
| EVH Stock | USD 12.21 0.96 8.53% |
Below is the normalized historical share price chart for Evolent Health extending back to June 05, 2015. 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 Evolent Health stands at 12.21, as last reported on the 26th of November, with the highest price reaching 12.40 and the lowest price hitting 11.42 during the day.
If you're considering investing in Evolent Stock, it is important to understand the factors that can impact its price. Evolent Health secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Evolent Health exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evolent Health's Variance of 43.15, standard deviation of 6.57, and Mean Deviation of 3.18 to check the risk estimate we provide.
As of now, Evolent Health's Issuance Of Capital Stock is increasing as compared to previous years. . As of now, Evolent Health's Price To Book Ratio is increasing as compared to previous years. The Evolent Health's current Price Cash Flow Ratio is estimated to increase to 27.06, while Price To Sales Ratio is projected to decrease to 1.78. Evolent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of June 2015 | 200 Day MA 26.0215 | 50 Day MA 23.2542 | Beta 1.587 |
Evolent |
Sharpe Ratio = -0.1723
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| Negative Returns | EVH |
Estimated Market Risk
| 6.66 actual daily | 59 59% of assets are less volatile |
Expected Return
| -1.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolent Health 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 Evolent Health by adding Evolent Health to a well-diversified portfolio.
Price Book 1.3522 | Enterprise Value Ebitda 31.4743 | Price Sales 0.5699 | Shares Float 103.1 M | Wall Street Target Price 25.5473 |
Evolent Health Valuation on August 27, 2024
It is possible to determine the worth of Evolent Health on a given historical date. On August 27, 2024 Evolent was worth 31.77 at the beginning of the trading date compared to the closed value of 31.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evolent Health stock. Still, in general, we apply an absolute valuation method to find Evolent Health'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 Evolent Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evolent Health's related companies.
| Open | High | Low | Close | Volume | |
| 33.14 | 33.63 | 31.31 | 31.62 | 3,049,633 | |
08/27/2024 | 31.77 | 32.02 | 31.20 | 31.74 | 1,632,539 |
| 31.62 | 31.90 | 30.85 | 30.85 | 1,501,870 |
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Evolent Health Trading Date Momentum on August 27, 2024
| On August 28 2024 Evolent Health was traded for 30.85 at the closing time. Highest Evolent Health's price during the trading hours was 31.90 and the lowest price during the day was 30.85 . The net volume was 1.5 M. The overall trading history on the 28th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 2.80% . The overall trading delta to current price is 3.84% . |
Evolent Health Fundamentals Correlations and Trends
By evaluating Evolent Health'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 Evolent Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evolent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evolent Health Stock history
Evolent Health 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 Evolent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evolent Health 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 Evolent Health stock prices may prove useful in developing a viable investing in Evolent Health
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 111.3 M | 70.4 M | |
| Net Loss | -17.2 M | -18.1 M |
Evolent Health Quarterly Net Working Capital |
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Evolent Health Stock Technical Analysis
Evolent Health 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
Evolent Health Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Evolent Health cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Evolent Health November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Evolent Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evolent Health shares will generate the highest return on investment. By undertsting and applying Evolent Health stock market strength indicators, traders can identify Evolent Health entry and exit signals to maximize returns
Evolent Health Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evolent Health's price direction in advance. Along with the technical and fundamental analysis of Evolent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evolent 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 | (0.13) | |||
| Jensen Alpha | (1.36) | |||
| Total Risk Alpha | (2.24) | |||
| Treynor Ratio | (1.02) |
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Complementary Tools for Evolent Stock analysis
When running Evolent Health's price analysis, check to measure Evolent Health'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 Evolent Health is operating at the current time. Most of Evolent Health's value examination focuses on studying past and present price action to predict the probability of Evolent Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolent Health's price. Additionally, you may evaluate how the addition of Evolent Health to your portfolios can decrease your overall portfolio volatility.
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