Evgo Equity Warrants Stock Alpha and Beta Analysis
| EVGOW Stock | USD 1.11 0.02 1.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as EVgo Equity Warrants. It also helps investors analyze the systematic and unsystematic risks associated with investing in EVgo Equity over a specified time horizon. Remember, high EVgo Equity'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 EVgo Equity's market risk premium analysis include:
Beta 1.58 | Alpha 3.74 | Risk 23.55 | Sharpe Ratio 0.15 | Expected Return 3.44 |
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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.
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EVgo Equity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EVgo Equity market risk premium is the additional return an investor will receive from holding EVgo Equity 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 EVgo Equity. 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 EVgo Equity's performance over market.| α | 3.74 | β | 1.58 |
EVgo Equity 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 EVgo Equity's Buy-and-hold return. Our buy-and-hold chart shows how EVgo Equity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EVgo Equity Market Price Analysis
Market price analysis indicators help investors to evaluate how EVgo Equity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVgo Equity shares will generate the highest return on investment. By understating and applying EVgo Equity stock market price indicators, traders can identify EVgo Equity position entry and exit signals to maximize returns.
EVgo Equity Return and Market Media
The median price of EVgo Equity for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 0.77 with a coefficient of variation of 64.47. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 0.85, and mean deviation of 0.48. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 43403 shares by Stephanie Lee of EVgo Equity subject to Rule 16b-3 | 09/24/2024 |
2 | Acquisition by Badar Khan of 81806 shares of EVgo Equity subject to Rule 16b-3 | 10/11/2024 |
3 | Disposition of 53163 shares by Olga Shevorenkova of EVgo Equity subject to Rule 16b-3 | 10/14/2024 |
4 | EVgo Surges 92 percent in Record Q3 Secures 1.05B DOE Loan, Raises 2024 Guidance EVGO Stock News - StockTitan | 11/12/2024 |
About EVgo Equity 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 EVgo or other stocks. Alpha measures the amount that position in EVgo Equity Warrants 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.86 | 6.6 | 14.93 | 7.83 | Days Of Inventory On Hand | 80.37 | 30.01 | 27.01 | 18.62 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EVgo Equity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EVgo Equity's short interest history, or implied volatility extrapolated from EVgo Equity options trading.
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Additional Tools for EVgo Stock Analysis
When running EVgo Equity's price analysis, check to measure EVgo Equity's 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 EVgo Equity is operating at the current time. Most of EVgo Equity's value examination focuses on studying past and present price action to predict the probability of EVgo Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVgo Equity's price. Additionally, you may evaluate how the addition of EVgo Equity to your portfolios can decrease your overall portfolio volatility.