Evi Industries Stock Price on December 31, 2023
| EVI Stock | USD 21.47 0.03 0.14% |
Below is the normalized historical share price chart for EVI Industries extending back to November 06, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EVI Industries stands at 21.47, as last reported on the 30th of April, with the highest price reaching 21.71 and the lowest price hitting 20.75 during the day.
If you're considering investing in EVI Stock, it is important to understand the factors that can impact its price. EVI Industries secures Sharpe Ratio (or Efficiency) of -0.0202, which denotes the company had a -0.0202% return per unit of return volatility over the last 3 months. EVI Industries exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EVI Industries' downside deviation of 3.08, and Mean Deviation of 2.41 to check the risk estimate we provide.
As of now, EVI Industries' Total Stockholder Equity is increasing as compared to previous years. The EVI Industries' current Liabilities And Stockholders Equity is estimated to increase to about 306.5 M, while Common Stock Shares Outstanding is projected to decrease to under 8.2 M. . As of now, EVI Industries' Price To Book Ratio is decreasing as compared to previous years. The EVI Industries' current Price Cash Flow Ratio is estimated to increase to 354.76, while Price Earnings Ratio is projected to decrease to 25.19. EVI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of March 1990 | 200 Day MA 24.0659 | 50 Day MA 22.3092 | Beta 0.339 |
EVI |
Sharpe Ratio = -0.0202
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| Negative Returns | EVI |
Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EVI Industries 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 EVI Industries by adding EVI Industries to a well-diversified portfolio.
Price Book 2.1191 | Enterprise Value Ebitda 15.6921 | Price Sales 0.7586 | Shares Float 5.1 M | Earnings Share 0.49 |
EVI Industries Valuation on December 31, 2023
It is possible to determine the worth of EVI Industries on a given historical date. On December 31, 2023 EVI was worth 23.22 at the beginning of the trading date compared to the closed value of 23.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EVI Industries stock. Still, in general, we apply an absolute valuation method to find EVI Industries' 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 EVI Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EVI Industries' related companies.
| Open | High | Low | Close | Volume | |
| 23.28 | 23.95 | 22.45 | 23.33 | 35,136 | |
12/29/2023 | 23.22 | 24.01 | 23.20 | 23.73 | 27,431 |
| 23.31 | 23.70 | 21.89 | 22.20 | 31,951 |
| Backtest EVI Industries | | | EVI Industries History | | | EVI Industries Valuation | Previous | Next |
EVI Industries Trading Date Momentum on December 31, 2023
| On January 02 2024 EVI Industries was traded for 22.20 at the closing time. Highest EVI Industries's price during the trading hours was 23.70 and the lowest price during the day was 21.89 . The net volume was 32 K. The overall trading history on the 2nd of January contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 6.45% . The overall trading delta to current price is 14.66% . |
EVI Industries Fundamentals Correlations and Trends
By evaluating EVI Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among EVI Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EVI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EVI Industries Stock history
EVI Industries 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 EVI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EVI Industries 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 EVI Industries stock prices may prove useful in developing a viable investing in EVI Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.7 M | 8.2 M | |
| Net Income Applicable To Common Shares | 9.8 M | 10.3 M |
EVI Industries Quarterly Net Working Capital |
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EVI Industries Stock Technical Analysis
EVI Industries 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
EVI Industries Period Price Range
Low | December 29, 2023
| High |
23.22 | 23.73 |
EVI Industries April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how EVI Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVI Industries shares will generate the highest return on investment. By undertsting and applying EVI Industries stock market strength indicators, traders can identify EVI Industries entry and exit signals to maximize returns
EVI Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EVI Industries' price direction in advance. Along with the technical and fundamental analysis of EVI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EVI 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 | 0.0118 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0069 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EVI Industries. 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. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for EVI Stock analysis
When running EVI Industries' price analysis, check to measure EVI Industries' 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 EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
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Is EVI Industries' 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 EVI Industries. If investors know EVI 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 EVI Industries 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 (0.40) | Earnings Share 0.49 | Revenue Per Share 29.191 | Quarterly Revenue Growth 0.106 | Return On Assets 0.0358 |
The market value of EVI Industries is measured differently than its book value, which is the value of EVI that is recorded on the company's balance sheet. Investors also form their own opinion of EVI Industries' value that differs from its market value or its book value, called intrinsic value, which is EVI Industries' 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 EVI Industries' market value can be influenced by many factors that don't directly affect EVI Industries' 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 EVI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if EVI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EVI Industries' 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.