Evercommerce Stock Market Value
| EVCM Stock | USD 11.87 0.22 1.89% |
| Symbol | EverCommerce |
EverCommerce Price To Book Ratio
Is Application Software 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.
Earnings Share (0.28) | Revenue Per Share 3.724 | Quarterly Revenue Growth 0.009 | Return On Assets 0.012 | Return On Equity (0.06) |
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.
EverCommerce '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 EverCommerce'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 EverCommerce.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in EverCommerce on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding EverCommerce or generate 0.0% return on investment in EverCommerce over 360 days. EverCommerce is related to or competes with GigaCloud Technology, Arqit Quantum, Telos Corp, Cemtrex, AuthID, Datasea, and Priority Technology. EverCommerce Inc., together with its subsidiaries, engages in providing integrated software-as-a-service solutions for s... More
EverCommerce 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 EverCommerce'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 EverCommerce upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0583 | |||
| Maximum Drawdown | 13.03 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 3.46 |
EverCommerce Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EverCommerce's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EverCommerce's standard deviation. In reality, there are many statistical measures that can use EverCommerce historical prices to predict the future EverCommerce's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.0446 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0597 | |||
| Treynor Ratio | 0.1498 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EverCommerce'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.
EverCommerce Backtested Returns
EverCommerce appears to be not too volatile, given 3 months investment horizon. EverCommerce secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for EverCommerce, which you can use to evaluate the volatility of the firm. Please utilize EverCommerce's Mean Deviation of 1.34, coefficient of variation of 779.3, and Downside Deviation of 1.83 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EverCommerce holds a performance score of 9. The firm shows a Beta (market volatility) of 1.53, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, EverCommerce will likely underperform. Please check EverCommerce's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether EverCommerce's price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
EverCommerce has poor predictability. Overlapping area represents the amount of predictability between EverCommerce time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EverCommerce price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current EverCommerce price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
EverCommerce lagged returns against current returns
Autocorrelation, which is EverCommerce 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 EverCommerce's stock expected returns. We can calculate the autocorrelation of EverCommerce returns to help us make a trade decision. For example, suppose you find that EverCommerce 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 |
EverCommerce 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 EverCommerce stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EverCommerce stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EverCommerce stock over time.
Current vs Lagged Prices |
| Timeline |
EverCommerce Lagged Returns
When evaluating EverCommerce's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EverCommerce stock have on its future price. EverCommerce 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, EverCommerce autocorrelation shows the relationship between EverCommerce stock current value and its past values and can show if there is a momentum factor associated with investing in EverCommerce.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out EverCommerce Correlation, EverCommerce Volatility and EverCommerce Alpha and Beta module to complement your research on EverCommerce. To learn how to invest in EverCommerce Stock, please use our How to Invest in EverCommerce guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
EverCommerce 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.