Evgo Inc Stock Price on May 14, 2024
| EVGO Stock | USD 2.03 0.05 2.40% |
If you're considering investing in Evgo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Evgo stands at 2.03, as last reported on the 3rd of June, with the highest price reaching 2.14 and the lowest price hitting 1.98 during the day. Evgo Inc secures Sharpe Ratio (or Efficiency) of -0.0773, which denotes the company had a -0.0773% return per unit of risk over the last 3 months. Evgo Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Evgo's Standard Deviation of 4.96, variance of 24.57, and Mean Deviation of 3.62 to check the risk estimate we provide.
At this time, Evgo's Stock Based Compensation is very stable compared to the past year. As of the 3rd of June 2024, Issuance Of Capital Stock is likely to grow to about 151.7 M, while Common Stock is likely to drop about 28.5 K. . As of the 3rd of June 2024, Price To Sales Ratio is likely to drop to 1.91. In addition to that, Price Earnings Ratio is likely to drop to -8.09. Evgo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Evgo |
Sharpe Ratio = -0.0773
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| Negative Returns | EVGO |
Estimated Market Risk
| 4.93 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evgo is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evgo by adding Evgo to a well-diversified portfolio.
Price Book 90.1412 | Enterprise Value Ebitda (0.79) | Price Sales 3.6583 | Shares Float 99.5 M | Wall Street Target Price 5.75 |
Evgo Main Headline on 14th of May 2024
EVgo Doubles Down on Commitment to Begin NACS Deployments in... by businesswire.com
EVgo Inc. , one of the nations largest public fast charging networks for electric vehicles , today annou
Evgo Valuation on May 14, 2024
It is possible to determine the worth of Evgo on a given historical date. On May 14, 2024 Evgo was worth 2.08 at the beginning of the trading date compared to the closed value of 2.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Evgo stock. Still, in general, we apply an absolute valuation method to find Evgo's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Evgo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Evgo's related companies.
| Open | High | Low | Close | Volume | |
| 1.86 | 2.04 | 1.86 | 1.95 | 3,565,109 | |
05/14/2024 | 2.08 | 2.34 | 2.08 | 2.27 | 9,039,183 |
| 2.40 | 2.50 | 2.26 | 2.36 | 5,337,455 |
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Evgo Trading Date Momentum on May 14, 2024
| On May 15 2024 Evgo Inc was traded for 2.36 at the closing time. The top price for the day was 2.50 and the lowest listed price was 2.26 . The trading volume for the day was 5.3 M. The trading history from May 15, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.96% . The overall trading delta against the current closing price is 7.49% . |
Evgo Inc Fundamentals Correlations and Trends
By evaluating Evgo's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Evgo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Evgo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Evgo Stock history
Evgo investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Evgo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Evgo Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Evgo stock prices may prove useful in developing a viable investing in Evgo
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 90.6 M | 71.5 M | |
| Net Loss | -5.4 M | -5.6 M |
Evgo Stock Technical Analysis
Evgo 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.
Price Boundaries
Evgo Period Price Range
Low | May 14, 2024
| High |
2.08 | 2.27 |
Evgo June 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Evgo 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 shares will generate the highest return on investment. By undertsting and applying Evgo stock market strength indicators, traders can identify Evgo Inc entry and exit signals to maximize returns
| Accumulation Distribution | 1 M | |||
| Daily Balance Of Power | 0.7308 | |||
| Rate Of Daily Change | 1.09 | |||
| Day Median Price | 2.21 | |||
| Day Typical Price | 2.23 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | (0.24) |
Evgo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Evgo's price direction in advance. Along with the technical and fundamental analysis of Evgo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Evgo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.11) |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Evgo Inc information on this page should be used as a complementary analysis to other Evgo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Evgo Stock analysis
When running Evgo's price analysis, check to measure Evgo'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 is operating at the current time. Most of Evgo's value examination focuses on studying past and present price action to predict the probability of Evgo'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's price. Additionally, you may evaluate how the addition of Evgo to your portfolios can decrease your overall portfolio volatility.
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Is Evgo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evgo. If investors know Evgo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (0.37) | Revenue Per Share 1.927 | Quarterly Revenue Growth 1.18 | Return On Assets (0.11) |
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evgo's market value can be influenced by many factors that don't directly affect Evgo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.