Everi Holdings Stock Market Value
| EVRI Stock | USD 13.44 0.05 0.37% |
| Symbol | Everi |
Everi Holdings Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Everi Holdings. If investors know Everi 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 Everi Holdings 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 (0.63) | Earnings Share 0.48 | Revenue Per Share 9.187 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0463 |
The market value of Everi Holdings is measured differently than its book value, which is the value of Everi that is recorded on the company's balance sheet. Investors also form their own opinion of Everi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Everi Holdings' 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 Everi Holdings' market value can be influenced by many factors that don't directly affect Everi Holdings' 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 Everi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Everi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everi Holdings' 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.
Everi Holdings '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 Everi Holdings' 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 Everi Holdings.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Everi Holdings on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Everi Holdings or generate 0.0% return on investment in Everi Holdings over 720 days. Everi Holdings is related to or competes with Accel Entertainment, Light Wonder, Inspired Entertainment, International Game, PlayAGS, Churchill Downs, and Codere Online. Everi Holdings Inc. provides entertainment and technology solutions for the casino and digital gaming industries in the ... More
Everi Holdings 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 Everi Holdings' 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 Everi Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1774 | |||
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 0.8258 | |||
| Value At Risk | (0.23) | |||
| Potential Upside | 0.3072 |
Everi Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Everi Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Everi Holdings' standard deviation. In reality, there are many statistical measures that can use Everi Holdings historical prices to predict the future Everi Holdings' volatility.| Risk Adjusted Performance | 0.2001 | |||
| Jensen Alpha | 0.0351 | |||
| Total Risk Alpha | 0.0156 | |||
| Sortino Ratio | (0.44) | |||
| Treynor Ratio | 0.6645 |
Everi Holdings Backtested Returns
Everi Holdings is very steady at the moment. Everi Holdings secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Everi Holdings, which you can use to evaluate the volatility of the firm. Please confirm Everi Holdings' Coefficient Of Variation of 327.3, mean deviation of 0.1398, and Standard Deviation of 0.1732 to check if the risk estimate we provide is consistent with the expected return of 0.0522%. Everi Holdings has a performance score of 23 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0646, which means not very significant fluctuations relative to the market. As returns on the market increase, Everi Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Everi Holdings is expected to be smaller as well. Everi Holdings right now shows a risk of 0.18%. Please confirm Everi Holdings potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Everi Holdings will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
Everi Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Everi Holdings time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 Everi Holdings price movement. The serial correlation of -0.48 indicates that about 48.0% of current Everi Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 4.39 |
Everi Holdings lagged returns against current returns
Autocorrelation, which is Everi Holdings 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 Everi Holdings' stock expected returns. We can calculate the autocorrelation of Everi Holdings returns to help us make a trade decision. For example, suppose you find that Everi Holdings 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 |
Everi Holdings 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 Everi Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Everi Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Everi Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Everi Holdings Lagged Returns
When evaluating Everi Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Everi Holdings stock have on its future price. Everi Holdings 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, Everi Holdings autocorrelation shows the relationship between Everi Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Everi Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Everi Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Everi Holdings' 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 Everi Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Everi Holdings Stock:Check out Everi Holdings Correlation, Everi Holdings Volatility and Everi Holdings Alpha and Beta module to complement your research on Everi Holdings. For more detail on how to invest in Everi Stock please use our How to Invest in Everi Holdings guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Everi Holdings 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.