Endava Stock Market Value
| DAVA Stock | USD 32.48 0.42 1.28% |
| Symbol | Endava |
Endava Price To Book Ratio
Is IT Consulting & Other 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 Endava. If investors know Endava 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 Endava 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 (0.46) | Earnings Share 0.15 | Revenue Per Share | Quarterly Revenue Growth 0.024 | Return On Equity |
The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava'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 Endava's market value can be influenced by many factors that don't directly affect Endava'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 Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava'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.
Endava 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Endava's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Endava.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Endava on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Endava or generate 0.0% return on investment in Endava over 30 days. Endava is related to or competes with PagSeguro Digital, Nutanix, Box, Dlocal, StoneCo, Okta, and Marqeta. Endava plc provides technology services for clients in the consumer products, healthcare, mobility, and retail verticals... More
Endava Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Endava's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Endava upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.1439 | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 5.44 |
Endava Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endava's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endava's standard deviation. In reality, there are many statistical measures that can use Endava historical prices to predict the future Endava's volatility.| Risk Adjusted Performance | 0.157 | |||
| Jensen Alpha | 0.411 | |||
| Total Risk Alpha | 0.2055 | |||
| Sortino Ratio | 0.1854 | |||
| Treynor Ratio | 3.93 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Endava's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Endava Backtested Returns
Endava appears to be very steady, given 3 months investment horizon. Endava secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24 % return per unit of standard deviation over the last 3 months. By reviewing Endava's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Endava's Mean Deviation of 1.73, downside deviation of 1.86, and Semi Deviation of 1.54 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Endava holds a performance score of 18. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Endava's returns are expected to increase less than the market. However, during the bear market, the loss of holding Endava is expected to be smaller as well. Please check Endava's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Endava's price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Endava has very weak reverse predictability. Overlapping area represents the amount of predictability between Endava time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Endava price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Endava price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Endava lagged returns against current returns
Autocorrelation, which is Endava stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Endava's stock expected returns. We can calculate the autocorrelation of Endava returns to help us make a trade decision. For example, suppose you find that Endava has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Endava regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Endava stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endava stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endava stock over time.
Current vs Lagged Prices |
| Timeline |
Endava Lagged Returns
When evaluating Endava's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endava stock have on its future price. Endava autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Endava autocorrelation shows the relationship between Endava stock current value and its past values and can show if there is a momentum factor associated with investing in Endava.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Endava offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Endava'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 Endava Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Endava Stock:Check out Endava Correlation, Endava Volatility and Endava Alpha and Beta module to complement your research on Endava. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Endava 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.