Endava Stock Alpha and Beta Analysis
| DAVA Stock | USD 28.48 1.74 6.51% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Endava. It also helps investors analyze the systematic and unsystematic risks associated with investing in Endava over a specified time horizon. Remember, high Endava's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Endava's market risk premium analysis include:
Beta 1.48 | Alpha (0.25) | Risk 3.15 | Sharpe Ratio (0.04) | Expected Return (0.13) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Endava |
Endava Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Endava market risk premium is the additional return an investor will receive from holding Endava long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Endava. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Endava's performance over market.| α | -0.25 | β | 1.48 |
Endava expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Endava's Buy-and-hold return. Our buy-and-hold chart shows how Endava performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Endava Market Price Analysis
Market price analysis indicators help investors to evaluate how Endava stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Endava shares will generate the highest return on investment. By understating and applying Endava stock market price indicators, traders can identify Endava position entry and exit signals to maximize returns.
Endava Return and Market Media
The median price of Endava for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 26.46 with a coefficient of variation of 10.45. The daily time series for the period is distributed with a sample standard deviation of 2.87, arithmetic mean of 27.49, and mean deviation of 2.51. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Endava plc Class Action Levi Korsinsky Reminds Endava Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 25, 2024 - DAVA | 10/11/2024 |
2 | Endava PLC Stock Price Up 4.15 percent on Oct 16 | 10/16/2024 |
3 | Endava plc Sued for Securities Law Violations - Contact Levi Korsinsky Before October 25, 2024 to Discuss Your Rights - DAVA | 10/22/2024 |
4 | The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Endava, plc | 10/24/2024 |
5 | Endava to Announce Q1 FY2025 Financial Results on November 12, 2024 | 10/28/2024 |
6 | Endava Given New 27.00 Price Target at Citigroup | 10/29/2024 |
7 | Invesco Ltd. Expands Stake in Endava PLC | 11/06/2024 |
8 | Endava Q1 2025 Earnings Preview | 11/11/2024 |
9 | Endava Announces First Quarter Fiscal Year 2025 Results | 11/12/2024 |
10 | Q1 2025 Endava PLC Earnings Call Transcript | 11/13/2024 |
11 | Endava Shares Gap Up Should You Buy | 11/14/2024 |
12 | Endavas Conservative Accounting Might Explain Soft Earnings | 11/20/2024 |
About Endava Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Endava or other stocks. Alpha measures the amount that position in Endava has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0163 | 0.0112 | Price To Sales Ratio | 1.81 | 1.72 |
Endava Upcoming Company Events
As portrayed in its financial statements, the presentation of Endava's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Endava's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Endava's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Endava. Please utilize our Beneish M Score to check the likelihood of Endava's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 17th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Check out Endava Backtesting, Endava Valuation, Endava Correlation, Endava Hype Analysis, Endava Volatility, Endava History and analyze Endava Performance. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.