Eve Holding Stock Probability of Future Stock Price Finishing Over 4.96
| EVEX Stock | USD 4.96 0.08 1.59% |
Eve |
Eve Holding Target Price Odds to finish over 4.96
The tendency of Eve Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 4.96 | 90 days | 4.96 | about 90.98 |
Based on a normal probability distribution, the odds of Eve Holding to move above the current price in 90 days from now is about 90.98 (This Eve Holding probability density function shows the probability of Eve Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.69 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Eve Holding will likely underperform. Additionally Eve Holding has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Eve Holding Price Density |
| Price |
Predictive Modules for Eve Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Eve Holding. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eve Holding's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Eve Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Eve Holding is not an exception. The market had few large corrections towards the Eve Holding's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Eve Holding, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Eve Holding within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.54 | |
β | Beta against NYSE Composite | 1.69 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.14 |
Eve Holding Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Eve Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Eve Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Eve Holding generated a negative expected return over the last 90 days | |
| Eve Holding has high historical volatility and very poor performance | |
| Net Loss for the year was (127.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eve Holding currently holds about 330.78 M in cash with (94.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Eve Holding has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders | |
| Latest headline from investorplace.com: 3 Flying Car Stocks That Could Be Multibaggers in the Making April Edition |
Eve Holding Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Eve Stock often depends not only on the future outlook of the current and potential Eve Holding's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Eve Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 275.8 M | |
| Cash And Short Term Investments | 158.1 M |
Eve Holding Technical Analysis
Eve Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Eve Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Eve Holding. In general, you should focus on analyzing Eve Stock price patterns and their correlations with different microeconomic environments and drivers.
Eve Holding Predictive Forecast Models
Eve Holding's time-series forecasting models is one of many Eve Holding's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Eve Holding's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Eve Holding
Checking the ongoing alerts about Eve Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Eve Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Eve Holding generated a negative expected return over the last 90 days | |
| Eve Holding has high historical volatility and very poor performance | |
| Net Loss for the year was (127.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Eve Holding currently holds about 330.78 M in cash with (94.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.25. | |
| Eve Holding has a frail financial position based on the latest SEC disclosures | |
| Roughly 88.0% of the company shares are held by company insiders | |
| Latest headline from investorplace.com: 3 Flying Car Stocks That Could Be Multibaggers in the Making April Edition |
Check out Eve Holding Backtesting, Eve Holding Valuation, Eve Holding Correlation, Eve Holding Hype Analysis, Eve Holding Volatility, Eve Holding History as well as Eve Holding Performance. For more information on how to buy Eve Stock please use our How to Invest in Eve Holding guide.Note that the Eve Holding information on this page should be used as a complementary analysis to other Eve Holding'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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Eve Stock analysis
When running Eve Holding's price analysis, check to measure Eve Holding'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 Eve Holding is operating at the current time. Most of Eve Holding's value examination focuses on studying past and present price action to predict the probability of Eve Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eve Holding's price. Additionally, you may evaluate how the addition of Eve Holding to your portfolios can decrease your overall portfolio volatility.
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
Is Eve Holding'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 Eve Holding. If investors know Eve 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 Eve Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.46) | Return On Assets (0.29) | Return On Equity (0.56) |
The market value of Eve Holding is measured differently than its book value, which is the value of Eve that is recorded on the company's balance sheet. Investors also form their own opinion of Eve Holding's value that differs from its market value or its book value, called intrinsic value, which is Eve Holding'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 Eve Holding's market value can be influenced by many factors that don't directly affect Eve Holding'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 Eve Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eve Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eve Holding'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.