Evolv Other Liab from 2010 to 2024
| EVLV Stock | USD 2.62 0.02 0.77% |
Other Liabilities | First Reported 2010-12-31 | Previous Quarter 47.6 M | Current Value 50 M | Quarterly Volatility 20.3 M |
Check Evolv Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evolv Technologies' main balance sheet or income statement drivers, such as Net Interest Income of 5.5 M, Depreciation And Amortization of 6.9 M or Interest Expense of 621.3 K, as well as many indicators such as Price To Sales Ratio of 8.32, Dividend Yield of 0.0 or PTB Ratio of 5.05. Evolv financial statements analysis is a perfect complement when working with Evolv Technologies Valuation or Volatility modules.
Evolv | Other Liab |
Latest Evolv Technologies' Other Liab Growth Pattern
Below is the plot of the Other Liab of Evolv Technologies Holdings over the last few years. It is Evolv Technologies' Other Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evolv Technologies' overall financial position and show how it may be relating to other accounts over time.
| Other Liab | 10 Years Trend |
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Other Liab |
| Timeline |
Evolv Other Liab Regression Statistics
| Arithmetic Mean | 12,505,391 | |
| Geometric Mean | 2,231,533 | |
| Coefficient Of Variation | 161.97 | |
| Mean Deviation | 17,198,307 | |
| Median | 696,000 | |
| Standard Deviation | 20,254,385 | |
| Sample Variance | 410.2T | |
| Range | 49.3M | |
| R-Value | 0.78 | |
| Mean Square Error | 172.4T | |
| R-Squared | 0.61 | |
| Significance | 0.0006 | |
| Slope | 3,536,656 | |
| Total Sum of Squares | 5743.4T |
Evolv Other Liab History
About Evolv Technologies Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Evolv Technologies income statement, its balance sheet, and the statement of cash flows. Evolv Technologies investors use historical funamental indicators, such as Evolv Technologies's Other Liab, to determine how well the company is positioned to perform in the future. Although Evolv Technologies investors may use each financial statement separately, they are all related. The changes in Evolv Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Evolv Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Evolv Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Evolv Technologies. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Other Liabilities | 47.6 M | 50 M |
Pair Trading with Evolv Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evolv Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evolv Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Evolv Stock
Moving against Evolv Stock
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The ability to find closely correlated positions to Evolv Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evolv Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evolv Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evolv Technologies Holdings to buy it.
The correlation of Evolv Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evolv Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evolv Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evolv Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.