Evolv Technologies Holdings Stock Performance
| EVLVW Stock | USD 0.20 0.04 25.00% |
The firm shows a Beta (market volatility) of 2.8, 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, Evolv Technologies will likely underperform. At this point, Evolv Technologies has a negative expected return of -0.83%. Please make sure to confirm Evolv Technologies' jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Evolv Technologies performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Evolv Technologies Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Evolv Technologies Shares Down 3.5 percent - MarketBeat | 08/30/2024 |
2 | Evolv Technologies Holdings Inc A Bull Case Theory - Yahoo Finance | 09/20/2024 |
3 | Byd Company Ltd ADR Quote - Press Release - The Globe and Mail | 09/27/2024 |
4 | Evolv Technologies Stock Price Up 6.8 percent - Still a Buy - MarketBeat | 10/08/2024 |
5 | Disposition of 915 shares by Peter George of Evolv Technologies at 4.53 subject to Rule 16b-3 | 11/15/2024 |
6 | SHAREHOLDER ACTION REMINDER Faruqi Faruqi, LLP Investigates Claims on Behalf of Investors of Evolv Technologies - Marketscreener.com | 11/21/2024 |
| Begin Period Cash Flow | 230.1 M | |
| Free Cash Flow | -82.5 M |
Evolv |
Evolv Technologies Relative Risk vs. Return Landscape
If you would invest 49.00 in Evolv Technologies Holdings on August 24, 2024 and sell it today you would lose (29.00) from holding Evolv Technologies Holdings or give up 59.18% of portfolio value over 90 days. Evolv Technologies Holdings is currently producing negative expected returns and takes up 9.8695% volatility of returns over 90 trading days. Put another way, 87% of traded stocks are less volatile than Evolv, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Evolv Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolv Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evolv Technologies Holdings, and traders can use it to determine the average amount a Evolv Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0844
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| Negative Returns | EVLVW |
Estimated Market Risk
| 9.87 actual daily | 87 87% of assets are less volatile |
Expected Return
| -0.83 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolv Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evolv Technologies by adding Evolv Technologies to a well-diversified portfolio.
Evolv Technologies Fundamentals Growth
Evolv Stock prices reflect investors' perceptions of the future prospects and financial health of Evolv Technologies, and Evolv Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evolv Stock performance.
| Return On Equity | -0.13 | ||||
| Return On Asset | -0.18 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | (0.79) % | ||||
| Revenue | 80.42 M | ||||
| EBITDA | (95.62 M) | ||||
| Net Income | (106.25 M) | ||||
| Cash And Equivalents | 242.69 M | ||||
| Cash Per Share | 1.68 X | ||||
| Total Debt | 1.39 M | ||||
| Debt To Equity | 0.05 % | ||||
| Current Ratio | 8.69 X | ||||
| Book Value Per Share | 0.97 X | ||||
| Cash Flow From Operations | (9.8 M) | ||||
| Earnings Per Share | (0.11) X | ||||
| Total Asset | 298.72 M | ||||
| Retained Earnings | (298.46 M) | ||||
| Working Capital | 93.8 M | ||||
About Evolv Technologies Performance
Evaluating Evolv Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Evolv Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Evolv Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 74.48 | 139.56 | |
| Return On Tangible Assets | (0.36) | (0.38) | |
| Return On Capital Employed | (0.41) | (0.43) | |
| Return On Assets | (0.36) | (0.37) | |
| Return On Equity | (0.73) | (0.69) |
Things to note about Evolv Technologies performance evaluation
Checking the ongoing alerts about Evolv Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evolv Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evolv Technologies generated a negative expected return over the last 90 days | |
| Evolv Technologies has high historical volatility and very poor performance | |
| Evolv Technologies has some characteristics of a very speculative penny stock | |
| Evolv Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 80.42 M. Net Loss for the year was (106.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Evolv Technologies Holdings has accumulated about 242.69 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: SHAREHOLDER ACTION REMINDER Faruqi Faruqi, LLP Investigates Claims on Behalf of Investors of Evolv Technologies - Marketscreener.com |
- Analyzing Evolv Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Evolv Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Evolv Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Evolv Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evolv Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evolv Technologies' stock. These opinions can provide insight into Evolv Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Evolv Stock Analysis
When running Evolv Technologies' price analysis, check to measure Evolv Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evolv Technologies is operating at the current time. Most of Evolv Technologies' value examination focuses on studying past and present price action to predict the probability of Evolv Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolv Technologies' price. Additionally, you may evaluate how the addition of Evolv Technologies to your portfolios can decrease your overall portfolio volatility.