Evolv Technologies Holdings Stock Technical Analysis
| EVLV Stock | USD 3.09 0.10 3.34% |
As of the 25th of November, Evolv Technologies shows the Mean Deviation of 3.9, coefficient of variation of 21987.44, and Downside Deviation of 8.29. Evolv Technologies technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Evolv Technologies coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Evolv Technologies is priced favorably, providing market reflects its regular price of 3.09 per share. Given that Evolv Technologies has jensen alpha of (0.53), we urge you to verify Evolv Technologies Holdings's prevailing market performance to make sure the company can sustain itself at a future point.
Evolv Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Evolv, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EvolvEvolv |
Evolv Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.75 | Buy | 3 | Odds |
Most Evolv analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Evolv stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Evolv Technologies, talking to its executives and customers, or listening to Evolv conference calls.
Evolv Technologies 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.
Evolv Technologies Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Evolv Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Evolv Technologies Trend Analysis
Use this graph to draw trend lines for Evolv Technologies Holdings. You can use it to identify possible trend reversals for Evolv Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Evolv Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Evolv Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Evolv Technologies Holdings applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Evolv Technologies Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 33.69, which is the sum of squared deviations for the predicted Evolv Technologies price change compared to its average price change.About Evolv Technologies 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 Evolv Technologies Holdings 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 Evolv Technologies Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Evolv Technologies price pattern first instead of the macroeconomic environment surrounding Evolv Technologies. By analyzing Evolv Technologies'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 Evolv Technologies'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 Evolv Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 2.82 | 2.94 | 2.68 | 1.81 | Days Of Inventory On Hand | 110.03 | 70.02 | 74.48 | 139.56 |
Evolv Technologies November 25, 2024 Technical Indicators
Most technical analysis of Evolv 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 Evolv from various momentum indicators to cycle indicators. When you analyze Evolv 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.
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| Risk Adjusted Performance | 0.0124 | |||
| Market Risk Adjusted Performance | 0.0145 | |||
| Mean Deviation | 3.9 | |||
| Semi Deviation | 7.66 | |||
| Downside Deviation | 8.29 | |||
| Coefficient Of Variation | 21987.44 | |||
| Standard Deviation | 6.74 | |||
| Variance | 45.44 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (1.04) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0045 | |||
| Maximum Drawdown | 52.5 | |||
| Value At Risk | (6.35) | |||
| Potential Upside | 10.23 | |||
| Downside Variance | 68.81 | |||
| Semi Variance | 58.66 | |||
| Expected Short fall | (4.18) | |||
| Skewness | (2.90) | |||
| Kurtosis | 18.36 |
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.