EverCommerce Inc. Sees Significant Growth in Short Interest
| EVCM Stock | USD 12.03 0.12 0.99% |
About 62% of EverCommerce's investor base is looking to short. The analysis of overall sentiment of trading EverCommerce stock suggests that many investors are alarmed at this time. EverCommerce's investing sentiment overview a quick insight into current market opportunities from investing in EverCommerce. Many technical investors use EverCommerce stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
EverCommerce |
EverCommerce Inc. was the recipient of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,060,000 shares, an increase of 26.7 percent from the October 15th total of 836,700 shares. Currently, 7.1 percent of the companys shares are short sold. Based
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EverCommerce Fundamental Analysis
We analyze EverCommerce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EverCommerce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EverCommerce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
EverCommerce is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
EverCommerce Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EverCommerce stock to make a market-neutral strategy. Peer analysis of EverCommerce could also be used in its relative valuation, which is a method of valuing EverCommerce by comparing valuation metrics with similar companies.
Peers
EverCommerce Related Equities
| IIIV | I3 Verticals | 4.50 | ||||
| EVTC | Evertec | 0.34 | ||||
| IMXI | International Money | 0.33 | ||||
| CCSI | Consensus Cloud | 0.24 | ||||
| CCCS | CCC Intelligent | 0.08 | ||||
| AVDX | AvidXchange Holdings | 0.17 | ||||
| SPSC | SPS Commerce | 0.39 | ||||
| NTCT | NetScout Systems | 0.41 | ||||
| CSGS | CSG Systems | 0.42 | ||||
| INFA | Informatica | 0.79 |
Check out EverCommerce Hype Analysis, EverCommerce Correlation and EverCommerce Performance. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Business Services 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 EverCommerce. If investors know EverCommerce 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 EverCommerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EverCommerce is measured differently than its book value, which is the value of EverCommerce that is recorded on the company's balance sheet. Investors also form their own opinion of EverCommerce's value that differs from its market value or its book value, called intrinsic value, which is EverCommerce'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 EverCommerce's market value can be influenced by many factors that don't directly affect EverCommerce'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 EverCommerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverCommerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverCommerce'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.