Evolv Technologies Holdings Stock Performance
EVLVW Stock | USD 0.28 0.01 3.70% |
The firm shows a Beta (market volatility) of 1.65, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Evolv Technologies will likely underperform. Evolv Technologies right now shows a risk of 12.7%. Please confirm Evolv Technologies information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Evolv Technologies will be following its price patterns.
Risk-Adjusted Performance
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Over the last 90 days Evolv Technologies Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly inconsistent basic indicators, Evolv Technologies may actually be approaching a critical reversion point that can send shares even higher in July 2024. ...more
1 | Evolv Technologies Target of Unusually High Options Trading - MarketBeat | 04/17/2024 |
2 | The Gross Law Firm Notifies Evolv Technologies Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming ... - Marketscreener.com | 04/26/2024 |
3 | SHAREHOLDER ACTION ALERT The Schall Law Firm Encourages Investors in Evolv Technologies Holdings, Inc ... - Marketscreener.com | 05/01/2024 |
4 | Evolv Technologies to Release Quarterly Earnings on Thursday - Defense World | 05/06/2024 |
5 | Evolv Technologies Holdings, Inc. Reports Q1 Loss, Misses Revenue Estimates - Yahoo Finance Australia | 05/09/2024 |
6 | Is It Time to Buy Evolv Technologies After Its Recent Downturn - MarketBeat | 05/13/2024 |
7 | SHAREHOLDER ALERT Pomerantz Law Firm Announces the Filing of a Class Action Against Evolv Technologies Holdings, Inc. fka NewHold Investment Corp. - EVLVEVLVW | 05/16/2024 |
8 | Acquisition by Derosa Anthony John of 10000 shares of Evolv Technologies at 0.42 subject to Rule 16b-3 | 05/17/2024 |
9 | Stock Traders Buy High Volume of Call Options on Evolv Technologies - MarketBeat | 05/29/2024 |
Begin Period Cash Flow | 229.8 M | |
Free Cash Flow | -82.5 M |
Evolv |
Evolv Technologies Relative Risk vs. Return Landscape
If you would invest 42.00 in Evolv Technologies Holdings on March 3, 2024 and sell it today you would lose (14.00) from holding Evolv Technologies Holdings or give up 33.33% of portfolio value over 90 days. Evolv Technologies Holdings is currently producing 0.125% returns and takes up 12.7049% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Evolv, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Evolv Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolv Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evolv Technologies Holdings, and traders can use it to determine the average amount a Evolv Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0098
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Estimated Market Risk
12.7 actual daily | 96 96% of assets are less volatile |
Expected Return
0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Evolv Technologies 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 Evolv Technologies by adding Evolv Technologies to a well-diversified portfolio.
Evolv Technologies Fundamentals Growth
Evolv Stock prices reflect investors' perceptions of the future prospects and financial health of Evolv Technologies, and Evolv Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evolv Stock performance.
Return On Equity | -0.52 | ||||
Return On Asset | -0.18 | ||||
Profit Margin | (1.07) % | ||||
Operating Margin | (1.03) % | ||||
Revenue | 80.42 M | ||||
EBITDA | (78.01 M) | ||||
Net Income | (106.25 M) | ||||
Cash And Equivalents | 242.69 M | ||||
Cash Per Share | 1.68 X | ||||
Total Debt | 1.39 M | ||||
Debt To Equity | 0.05 % | ||||
Current Ratio | 8.69 X | ||||
Book Value Per Share | 0.91 X | ||||
Cash Flow From Operations | (9.8 M) | ||||
Earnings Per Share | (0.11) X | ||||
Total Asset | 298.72 M | ||||
Retained Earnings | (298.46 M) | ||||
Working Capital | 93.8 M | ||||
About Evolv Technologies Performance
To evaluate Evolv Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Evolv Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Evolv Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Evolv Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Evolv's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 74.48 | 139.56 | |
Return On Tangible Assets | (0.36) | (0.38) | |
Return On Capital Employed | (0.41) | (0.43) | |
Return On Assets | (0.36) | (0.37) | |
Return On Equity | (0.73) | (0.69) |
Things to note about Evolv Technologies performance evaluation
Checking the ongoing alerts about Evolv Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evolv Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evolv Technologies had very high historical volatility over the last 90 days | |
Evolv Technologies has some characteristics of a very speculative penny stock | |
Evolv Technologies has a very high chance of going through financial distress in the upcoming years | |
The company reported the revenue of 80.42 M. Net Loss for the year was (106.25 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Evolv Technologies Holdings has accumulated about 242.69 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Latest headline from news.google.com: Stock Traders Buy High Volume of Call Options on Evolv Technologies - MarketBeat |
- Analyzing Evolv Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Evolv Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Evolv Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Evolv Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evolv Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evolv Technologies' stock. These opinions can provide insight into Evolv Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evolv Technologies Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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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.
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Is Evolv Technologies' 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 Evolv Technologies. If investors know Evolv 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 Evolv Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 0.554 | Quarterly Revenue Growth 0.166 | Return On Assets (0.18) | Return On Equity (0.52) |
The market value of Evolv Technologies is measured differently than its book value, which is the value of Evolv that is recorded on the company's balance sheet. Investors also form their own opinion of Evolv Technologies' value that differs from its market value or its book value, called intrinsic value, which is Evolv Technologies' 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 Evolv Technologies' market value can be influenced by many factors that don't directly affect Evolv Technologies' 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 Evolv Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolv Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolv Technologies' 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.