Evergreen Corp Stock Alpha and Beta Analysis
| EVGR Stock | USD 11.76 0.01 0.09% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Evergreen Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Evergreen Corp over a specified time horizon. Remember, high Evergreen Corp'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 Evergreen Corp's market risk premium analysis include:
Beta 0.0336 | Alpha 0.016 | Risk 0.11 | Sharpe Ratio 0.22 | Expected Return 0.0228 |
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.
Evergreen |
Evergreen Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Evergreen Corp market risk premium is the additional return an investor will receive from holding Evergreen Corp 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 Evergreen Corp. 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 Evergreen Corp's performance over market.| α | 0.02 | β | 0.03 |
Evergreen Corp 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 Evergreen Corp's Buy-and-hold return. Our buy-and-hold chart shows how Evergreen Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Evergreen Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Evergreen Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Evergreen Corp shares will generate the highest return on investment. By understating and applying Evergreen Corp stock market price indicators, traders can identify Evergreen Corp position entry and exit signals to maximize returns.
Evergreen Corp Return and Market Media
The median price of Evergreen Corp for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 11.71 with a coefficient of variation of 0.58. The daily time series for the period is distributed with a sample standard deviation of 0.07, arithmetic mean of 11.7, and mean deviation of 0.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Evergreen Corporation to Merge with Forekast Limited in Strategic Business Combination | 09/06/2024 |
2 | Acquisition by Choon Liew of 532500 shares of Evergreen Corp at 10.0 subject to Rule 16b-3 | 09/10/2024 |
3 | Evergreen Corp. Merges with Forekast, Forms AI Powerhouse - TipRanks | 09/11/2024 |
4 | Evergreen Stock Soars to All-Time High of 11.7 Amidst Market Optimism - Investing.com | 09/24/2024 |
5 | Evergreen Co. Sees Large Increase in Short Interest | 10/17/2024 |
6 | Evergreen Co. Shares Sold by Wolverine Asset Management LLC | 11/11/2024 |
About Evergreen Corp 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 Evergreen or other stocks. Alpha measures the amount that position in Evergreen Corp 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) | Current Ratio | 19.52 | 0.047 | 0.054 | 0.0513 | Net Debt To EBITDA | 0.72 | 0.94 | 1.08 | 1.02 |
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 Evergreen Corp 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, Evergreen Corp's short interest history, or implied volatility extrapolated from Evergreen Corp options trading.
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Additional Tools for Evergreen Stock Analysis
When running Evergreen Corp's price analysis, check to measure Evergreen Corp'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 Evergreen Corp is operating at the current time. Most of Evergreen Corp's value examination focuses on studying past and present price action to predict the probability of Evergreen Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Corp's price. Additionally, you may evaluate how the addition of Evergreen Corp to your portfolios can decrease your overall portfolio volatility.