Evergy, Stock Market Value
| EVRG Stock | USD 64.25 1.23 1.95% |
| Symbol | Evergy, |
Evergy, Price To Book Ratio
Is Electric Utilities 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 Evergy,. If investors know Evergy, 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 Evergy, 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 0.322 | Dividend Share 2.57 | Earnings Share 3.7 | Revenue Per Share | Quarterly Revenue Growth 0.085 |
The market value of Evergy, is measured differently than its book value, which is the value of Evergy, that is recorded on the company's balance sheet. Investors also form their own opinion of Evergy,'s value that differs from its market value or its book value, called intrinsic value, which is Evergy,'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 Evergy,'s market value can be influenced by many factors that don't directly affect Evergy,'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 Evergy,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergy, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergy,'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.
Evergy, '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 Evergy,'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 Evergy,.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in Evergy, on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Evergy, or generate 0.0% return on investment in Evergy, over 30 days. Evergy, is related to or competes with CMS Energy, Ameren Corp, Pinnacle West, MGE Energy, DTE Energy, Alliant Energy, and CenterPoint Energy. Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electri... More
Evergy, 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 Evergy,'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 Evergy, upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.02 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 4.21 | |||
| Value At Risk | (1.63) | |||
| Potential Upside | 1.79 |
Evergy, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evergy,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evergy,'s standard deviation. In reality, there are many statistical measures that can use Evergy, historical prices to predict the future Evergy,'s volatility.| Risk Adjusted Performance | 0.074 | |||
| Jensen Alpha | 0.0355 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1744 |
Evergy, Backtested Returns
At this point, Evergy, is very steady. Evergy, secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had a 0.15 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evergy,, which you can use to evaluate the volatility of the firm. Please confirm Evergy,'s Mean Deviation of 0.7233, downside deviation of 1.02, and Coefficient Of Variation of 1148.12 to check if the risk estimate we provide is consistent with the expected return of 0.14%. Evergy, has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.42, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evergy,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Evergy, is expected to be smaller as well. Evergy, right now shows a risk of 0.94%. Please confirm Evergy, value at risk, and the relationship between the jensen alpha and skewness , to decide if Evergy, will be following its price patterns.
Auto-correlation | 0.16 |
Very weak predictability
Evergy, has very weak predictability. Overlapping area represents the amount of predictability between Evergy, time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st 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 Evergy, price movement. The serial correlation of 0.16 indicates that over 16.0% of current Evergy, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Evergy, lagged returns against current returns
Autocorrelation, which is Evergy, 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 Evergy,'s stock expected returns. We can calculate the autocorrelation of Evergy, returns to help us make a trade decision. For example, suppose you find that Evergy, 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 |
Evergy, 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 Evergy, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evergy, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evergy, stock over time.
Current vs Lagged Prices |
| Timeline |
Evergy, Lagged Returns
When evaluating Evergy,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evergy, stock have on its future price. Evergy, 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, Evergy, autocorrelation shows the relationship between Evergy, stock current value and its past values and can show if there is a momentum factor associated with investing in Evergy,.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Evergy, is a strong investment it is important to analyze Evergy,'s competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Evergy,'s future performance. For an informed investment choice regarding Evergy, Stock, refer to the following important reports:Check out Evergy, Correlation, Evergy, Volatility and Evergy, Alpha and Beta module to complement your research on Evergy,. For more detail on how to invest in Evergy, Stock please use our How to Invest in Evergy, guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Evergy, 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.