Evotec Se Adr Stock Probability of Future Stock Price Finishing Over 7.15
| EVO Stock | USD 7.15 0.09 1.24% |
Evotec |
Evotec SE Target Price Odds to finish over 7.15
The tendency of Evotec 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 |
| 7.15 | 90 days | 7.15 | about 83.51 |
Based on a normal probability distribution, the odds of Evotec SE to move above the current price in 90 days from now is about 83.51 (This Evotec SE ADR probability density function shows the probability of Evotec Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.97 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, Evotec SE will likely underperform. Additionally Evotec SE ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Evotec SE Price Density |
| Price |
Predictive Modules for Evotec SE
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Evotec SE ADR. 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 Evotec SE'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.
Evotec SE Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Evotec SE is not an exception. The market had few large corrections towards the Evotec SE'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 Evotec SE ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Evotec SE within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.4 | |
β | Beta against NYSE Composite | 1.97 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | -0.13 |
Evotec SE 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 Evotec SE for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Evotec SE ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Evotec SE ADR generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 820.8 M. Reported Net Loss for the year was (94.98 M) with profit before taxes, overhead, and interest of 151.54 M. | |
| Evotec SE ADR has about 823.67 M in cash with (18.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.33. | |
| Evotec SE ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Evo Exchange Defragmenting DeFi |
Evotec SE 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 Evotec Stock often depends not only on the future outlook of the current and potential Evotec SE'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. Evotec SE's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 176.7 M | |
| Cash And Short Term Investments | 730 M |
Evotec SE Technical Analysis
Evotec SE's future price can be derived by breaking down and analyzing its technical indicators over time. Evotec Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Evotec SE ADR. In general, you should focus on analyzing Evotec Stock price patterns and their correlations with different microeconomic environments and drivers.
Evotec SE Predictive Forecast Models
Evotec SE's time-series forecasting models is one of many Evotec SE'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 Evotec SE'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 Evotec SE ADR
Checking the ongoing alerts about Evotec SE for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Evotec SE ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Evotec SE ADR generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 820.8 M. Reported Net Loss for the year was (94.98 M) with profit before taxes, overhead, and interest of 151.54 M. | |
| Evotec SE ADR has about 823.67 M in cash with (18.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.33. | |
| Evotec SE ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Evo Exchange Defragmenting DeFi |
Check out Evotec SE Backtesting, Evotec SE Valuation, Evotec SE Correlation, Evotec SE Hype Analysis, Evotec SE Volatility, Evotec SE History as well as Evotec SE Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Evotec Stock analysis
When running Evotec SE's price analysis, check to measure Evotec SE'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 Evotec SE is operating at the current time. Most of Evotec SE's value examination focuses on studying past and present price action to predict the probability of Evotec SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evotec SE's price. Additionally, you may evaluate how the addition of Evotec SE to your portfolios can decrease your overall portfolio volatility.
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Is Evotec SE'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 Evotec SE. If investors know Evotec 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 Evotec SE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 2.321 | Quarterly Revenue Growth 0.129 | Return On Assets 0.0017 | Return On Equity (0.08) |
The market value of Evotec SE ADR is measured differently than its book value, which is the value of Evotec that is recorded on the company's balance sheet. Investors also form their own opinion of Evotec SE's value that differs from its market value or its book value, called intrinsic value, which is Evotec SE'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 Evotec SE's market value can be influenced by many factors that don't directly affect Evotec SE'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 Evotec SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evotec SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evotec SE'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.