Everspin Technologies Stock Price on August 25, 2024
| MRAM Stock | USD 6.14 0.04 0.66% |
Below is the normalized historical share price chart for Everspin Technologies extending back to October 07, 2016. 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 Everspin Technologies stands at 6.14, as last reported on the 29th of November, with the highest price reaching 6.17 and the lowest price hitting 6.07 during the day.
If you're considering investing in Everspin Stock, it is important to understand the factors that can impact its price. Everspin Technologies appears to be somewhat reliable, given 3 months investment horizon. Everspin Technologies secures Sharpe Ratio (or Efficiency) of 0.0968, which denotes the company had a 0.0968% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Everspin Technologies, which you can use to evaluate the volatility of the firm. Please utilize Everspin Technologies' Coefficient Of Variation of 1835.74, mean deviation of 1.94, and Downside Deviation of 3.0 to check if our risk estimates are consistent with your expectations.
At this time, Everspin Technologies' Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock is likely to grow to 2,400, while Common Stock Shares Outstanding is likely to drop about 15.6 M. . At this time, Everspin Technologies' Price Earnings Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 15.00, while Price Book Value Ratio is likely to drop 2.80. Everspin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of October 2016 | 200 Day MA 6.5361 | 50 Day MA 6.0642 | Beta 0.902 |
Everspin |
Sharpe Ratio = 0.0968
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Estimated Market Risk
| 2.76 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Everspin Technologies is performing at about 7% 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 Everspin Technologies by adding it to a well-diversified portfolio.
Price Book 2.2612 | Enterprise Value Ebitda 32.0437 | Price Sales 2.4883 | Shares Float 16.1 M | Wall Street Target Price 9 |
Everspin Technologies Main Headline on 23rd of August 2024
Disposition of 253 shares by David Schrenk of Everspin Techn... by David Schrenk
Filed transaction by Everspin Technologies Officer Vp Sales Bus. Development. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Everspin Technologies Valuation on August 25, 2024
It is possible to determine the worth of Everspin Technologies on a given historical date. On August 25, 2024 Everspin was worth 5.76 at the beginning of the trading date compared to the closed value of 5.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Everspin Technologies stock. Still, in general, we apply an absolute valuation method to find Everspin Technologies' 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 Everspin Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Everspin Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 5.95 | 6.05 | 5.67 | 5.70 | 92,471 | |
08/23/2024 | 5.76 | 5.90 | 5.71 | 5.75 | 90,697 |
| 5.79 | 5.81 | 5.66 | 5.75 | 104,139 |
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Everspin Technologies Trading Date Momentum on August 25, 2024
| On August 26 2024 Everspin Technologies was traded for 5.75 at the closing time. The top price for the day was 5.81 and the lowest listed price was 5.66 . The trading volume for the day was 104.1 K. The trading history from August 26, 2024 did not affect price variability. The overall trading delta against the current closing price is 4.35% . |
Everspin Technologies Fundamentals Correlations and Trends
By evaluating Everspin Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Everspin Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Everspin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Everspin Technologies Stock history
Everspin Technologies 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 Everspin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Everspin Technologies 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 Everspin Technologies stock prices may prove useful in developing a viable investing in Everspin Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 21.4 M | 15.6 M | |
| Net Income Applicable To Common Shares | 7 M | 7.4 M |
Everspin Technologies Quarterly Net Working Capital |
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Everspin Technologies Stock Technical Analysis
Everspin Technologies 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
Everspin Technologies Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Everspin Technologies November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Everspin Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Everspin Technologies shares will generate the highest return on investment. By undertsting and applying Everspin Technologies stock market strength indicators, traders can identify Everspin Technologies entry and exit signals to maximize returns
Everspin Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Everspin Technologies' price direction in advance. Along with the technical and fundamental analysis of Everspin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Everspin 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 | 0.049 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0089 | |||
| Treynor Ratio | 0.1034 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Everspin Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Everspin Stock, please use our How to Invest in Everspin Technologies guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Semiconductors & Semiconductor Equipment 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 Everspin Technologies. If investors know Everspin 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 Everspin Technologies 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 (0.09) | Earnings Share 0.07 | Revenue Per Share 2.516 | Quarterly Revenue Growth (0.27) | Return On Assets (0.04) |
The market value of Everspin Technologies is measured differently than its book value, which is the value of Everspin that is recorded on the company's balance sheet. Investors also form their own opinion of Everspin Technologies' value that differs from its market value or its book value, called intrinsic value, which is Everspin Technologies' 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 Everspin Technologies' market value can be influenced by many factors that don't directly affect Everspin Technologies' 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 Everspin Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everspin Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everspin Technologies' 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.