Exercise or conversion by Francine Sullivan of 23242 shares of Evgo subject to Rule 16b-3
EVGO Stock | USD 6.39 0.12 1.84% |
About 62% of Evgo's investor base is looking to short. The analysis of current outlook of investing in Evgo Inc suggests that many traders are alarmed regarding Evgo's prospects. Evgo's investing sentiment overview a quick insight into current market opportunities from investing in Evgo Inc. Many technical investors use Evgo Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Evgo |
Filed transaction by Evgo Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
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Evgo Fundamental Analysis
We analyze Evgo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evgo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evgo 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.
Current Ratio
Current Ratio Comparative Analysis
Evgo is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Evgo Inc 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 Evgo stock to make a market-neutral strategy. Peer analysis of Evgo could also be used in its relative valuation, which is a method of valuing Evgo by comparing valuation metrics with similar companies.
Peers
Evgo Related Equities
WOOF | Pet Acquisition | 5.30 | ||||
WSM | Williams Sonoma | 2.60 | ||||
AZO | AutoZone | 0.31 | ||||
ULTA | Ulta Beauty | 0.31 | ||||
RH | RH | 0.04 | ||||
BBY | Best Buy | 2.16 | ||||
DKS | Dicks Sporting | 2.73 |
Check out Evgo Hype Analysis, Evgo Correlation and Evgo Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
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.