Evolv Technologies Holdings Stock Buy Hold or Sell Recommendation
EVLV Stock | USD 3.45 0.10 2.82% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Evolv Technologies Holdings is 'Strong Sell'. Macroaxis provides Evolv Technologies buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding EVLV positions. The advice algorithm takes into account all of Evolv Technologies' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value 4.57 | Target Price 7.75 | Hype Value 3.57 | Market Value 3.45 | Naive Value 3.85 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Evolv Technologies Holdings given historical horizon and risk tolerance towards Evolv Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Evolv Technologies Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Evolv |
Execute Evolv Technologies Buy or Sell Advice
The Evolv recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Evolv Technologies Holdings. Macroaxis does not own or have any residual interests in Evolv Technologies Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Evolv Technologies' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Evolv Technologies Trading Alerts and Improvement Suggestions
Evolv Technologies generated a negative expected return over the last 90 days | |
Evolv Technologies has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 80.42 M. Net Loss for the year was (106.25 M) with profit before overhead, payroll, taxes, and interest of 1.73 M. | |
Evolv Technologies Holdings currently holds about 218.5 M in cash with (9.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.51. | |
Roughly 18.0% of the company shares are held by company insiders | |
Latest headline from benzinga.com: Evolv Technologies Crashes After Disclosing SEC Investigation - Hagens Berman |
Evolv Technologies Returns Distribution Density
The distribution of Evolv Technologies' historical returns is an attempt to chart the uncertainty of Evolv Technologies' future price movements. The chart of the probability distribution of Evolv Technologies stock daily returns describes the distribution of returns around its average expected value. We use Evolv Technologies Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Evolv Technologies returns is essential to provide solid investment advice for Evolv Technologies.
Mean Return | -0.17 | Value At Risk | -8.53 | Potential Upside | 6.73 | Standard Deviation | 5.00 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Evolv Technologies historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Evolv Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Evolv Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evolv Technologies Holdings backward and forwards among themselves. Evolv Technologies' institutional investor refers to the entity that pools money to purchase Evolv Technologies' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Rima Management, Llc | 2023-12-31 | 1.5 M | D. E. Shaw & Co Lp | 2023-09-30 | 1.2 M | Ubs O'connor Llc | 2023-12-31 | 956.6 K | Northern Trust Corp | 2023-12-31 | 933 K | Voloridge Investment Management, Llc | 2023-09-30 | 765.3 K | Yost Capital Management, L.l.c. | 2023-12-31 | 743.5 K | Royce & Associates, Lp | 2023-12-31 | 697 K | Charles Schwab Investment Management Inc | 2023-12-31 | 693 K | Goldman Sachs Group Inc | 2023-12-31 | 662.4 K | General Catalyst Group Management, Llc | 2023-12-31 | 10.8 M | Data Collective Iv Gp, Llc | 2023-12-31 | 9.7 M |
Evolv Technologies Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Evolv Technologies or Electronic Equipment, Instruments & Components sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Evolv Technologies' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Evolv stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.57 | |
β | Beta against NYSE Composite | 2.92 | |
σ | Overall volatility | 4.98 | |
Ir | Information ratio | -0.06 |
Evolv Technologies Volatility Alert
Evolv Technologies Holdings exhibits very low volatility with skewness of -0.67 and kurtosis of 2.24. However, we advise investors to further study Evolv Technologies Holdings technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Evolv Technologies' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Evolv Technologies' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.Evolv Technologies Fundamentals Vs Peers
Comparing Evolv Technologies' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Evolv Technologies' direct or indirect competition across all of the common fundamentals between Evolv Technologies and the related equities. This way, we can detect undervalued stocks with similar characteristics as Evolv Technologies or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Evolv Technologies' fundamental indicators could also be used in its relative valuation, which is a method of valuing Evolv Technologies by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Evolv Technologies to competition |
Fundamentals | Evolv Technologies | Peer Average |
Return On Equity | -0.57 | -0.31 |
Return On Asset | -0.17 | -0.14 |
Profit Margin | (1.32) % | (1.27) % |
Operating Margin | (1.00) % | (5.51) % |
Current Valuation | 422.82 M | 16.62 B |
Shares Outstanding | 152.18 M | 571.82 M |
Shares Owned By Insiders | 17.84 % | 10.09 % |
Shares Owned By Institutions | 53.49 % | 39.21 % |
Number Of Shares Shorted | 7.92 M | 4.71 M |
Price To Earning | 18.93 X | 28.72 X |
Price To Book | 3.69 X | 9.51 X |
Price To Sales | 6.72 X | 11.42 X |
Revenue | 80.42 M | 9.43 B |
Gross Profit | 1.73 M | 27.38 B |
EBITDA | (78.01 M) | 3.9 B |
Net Income | (106.25 M) | 570.98 M |
Cash And Equivalents | 218.5 M | 2.7 B |
Cash Per Share | 1.51 X | 5.01 X |
Total Debt | 1.39 M | 5.32 B |
Debt To Equity | 0.04 % | 48.70 % |
Current Ratio | 6.70 X | 2.16 X |
Book Value Per Share | 0.97 X | 1.93 K |
Cash Flow From Operations | (9.8 M) | 971.22 M |
Short Ratio | 5.62 X | 4.00 X |
Earnings Per Share | (0.71) X | 3.12 X |
Price To Earnings To Growth | (0.03) X | 4.89 X |
Target Price | 7.08 | |
Number Of Employees | 293 | 18.84 K |
Beta | 1.36 | -0.15 |
Market Capitalization | 540.25 M | 19.03 B |
Total Asset | 298.72 M | 29.47 B |
Retained Earnings | (298.46 M) | 9.33 B |
Working Capital | 93.8 M | 1.48 B |
Note: Disposition of 143252 shares by Peter George of Evolv Technologies subject to Rule 16b-3 [view details]
Evolv Technologies Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Evolv . With many 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 | 28897.22 | |||
Daily Balance Of Power | (0.91) | |||
Rate Of Daily Change | 0.97 | |||
Day Median Price | 3.51 | |||
Day Typical Price | 3.49 | |||
Price Action Indicator | (0.10) | |||
Period Momentum Indicator | (0.10) |
About Evolv Technologies Buy or Sell Advice
When is the right time to buy or sell Evolv Technologies Holdings? Buying financial instruments such as Evolv Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.9M | 31.7M | 1.4M | 1.3M | Total Assets | 363.1M | 348.3M | 298.7M | 232.3M |
Use Investing Ideas to Build Portfolios
In addition to having Evolv Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Macroaxis Picks Thematic Idea Now
Macroaxis Picks
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 50 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
View All Next | Launch |
Check out Evolv Technologies Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary 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.
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities |
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 (0.71) | Revenue Per Share 0.539 | Quarterly Revenue Growth 0.045 | Return On Assets (0.17) | Return On Equity (0.57) |
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.