Evolve Global Materials Etf Technical Analysis
| BASE Etf | CAD 29.64 1.18 4.15% |
As of the 3rd of February, Evolve Global shows the Mean Deviation of 1.04, coefficient of variation of 432.09, and Downside Deviation of 1.26. Evolve Global Materials technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Evolve Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Evolve, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EvolveEvolve |
Evolve Global '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 Evolve Global's etf 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 Evolve Global.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in Evolve Global on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding Evolve Global Materials or generate 0.0% return on investment in Evolve Global over 90 days. Evolve Global is related to or competes with Desjardins, IShares Edge, Global X, Evolve Innovation, Guardian Directed, Harvest Equal, and Invesco NASDAQ. EVOLVE GLOB is traded on Toronto Stock Exchange in Canada. More
Evolve Global 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 Evolve Global's etf 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 Evolve Global Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.1888 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.23 |
Evolve Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolve Global's standard deviation. In reality, there are many statistical measures that can use Evolve Global historical prices to predict the future Evolve Global's volatility.| Risk Adjusted Performance | 0.174 | |||
| Jensen Alpha | 0.2708 | |||
| Total Risk Alpha | 0.2112 | |||
| Sortino Ratio | 0.1958 | |||
| Treynor Ratio | 0.6052 |
Evolve Global February 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.174 | |||
| Market Risk Adjusted Performance | 0.6152 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 0.9978 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 432.09 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Information Ratio | 0.1888 | |||
| Jensen Alpha | 0.2708 | |||
| Total Risk Alpha | 0.2112 | |||
| Sortino Ratio | 0.1958 | |||
| Treynor Ratio | 0.6052 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.23 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 0.9956 | |||
| Expected Short fall | (1.24) | |||
| Skewness | (0.47) | |||
| Kurtosis | 0.3598 |
Evolve Global Materials Backtested Returns
Evolve Global appears to be very steady, given 3 months investment horizon. Evolve Global Materials secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the etf had a 0.3 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Evolve Global Materials, which you can use to evaluate the volatility of the entity. Please utilize Evolve Global's Coefficient Of Variation of 432.09, downside deviation of 1.26, and Mean Deviation of 1.04 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 0.48, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Global is expected to be smaller as well.
Auto-correlation | 0.78 |
Good predictability
Evolve Global Materials has good predictability. Overlapping area represents the amount of predictability between Evolve Global time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evolve Global Materials price movement. The serial correlation of 0.78 indicates that around 78.0% of current Evolve Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 2.19 |
Evolve Global technical etf 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, etf market cycles, or different charting patterns.
Evolve Global Materials Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Evolve Global Materials across different markets.
About Evolve Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Evolve Global Materials on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Evolve Global Materials based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Evolve Global Materials price pattern first instead of the macroeconomic environment surrounding Evolve Global Materials. By analyzing Evolve Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Evolve Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Evolve Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Evolve Global February 3, 2026 Technical Indicators
Most technical analysis of Evolve help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Evolve from various momentum indicators to cycle indicators. When you analyze Evolve charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.174 | |||
| Market Risk Adjusted Performance | 0.6152 | |||
| Mean Deviation | 1.04 | |||
| Semi Deviation | 0.9978 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 432.09 | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Information Ratio | 0.1888 | |||
| Jensen Alpha | 0.2708 | |||
| Total Risk Alpha | 0.2112 | |||
| Sortino Ratio | 0.1958 | |||
| Treynor Ratio | 0.6052 | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.23 | |||
| Downside Variance | 1.59 | |||
| Semi Variance | 0.9956 | |||
| Expected Short fall | (1.24) | |||
| Skewness | (0.47) | |||
| Kurtosis | 0.3598 |
Evolve Global February 3, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 7.79 | ||
| Daily Balance Of Power | 5.62 | ||
| Rate Of Daily Change | 1.04 | ||
| Day Median Price | 29.71 | ||
| Day Typical Price | 29.68 | ||
| Price Action Indicator | 0.53 | ||
| Market Facilitation Index | 0.0002 |
Other Information on Investing in Evolve Etf
Evolve Global financial ratios help investors to determine whether Evolve Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Evolve with respect to the benefits of owning Evolve Global security.