We provide trade advice to complement the prevailing
expert consensus on Evolv Technologies Hldgs. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
The successful prediction of Evolv Technologies
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Evolv Technologies Holdings, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Evolv Technologies based on Evolv Technologies hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Evolv Technologies's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Evolv Technologies's related companies.
Use Technical Analysis to project Evolv expected Price
Evolv Technologies 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.
A focus of Evolv Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Evolv Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Evolv Technologies Gross Profit
Evolv Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Evolv Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Evolv Technologies Gross Profit growth over the last 10 years. Please check Evolv Technologies'
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Evolv Technologies
This firm reported the previous year's revenue of 11.97
M. Net Loss for the year was (51.98
M) with profit before overhead, payroll, taxes, and interest of 1.29
M.
| 2014 | 2019 | 2020 | 2021 (projected) |
Interest Expense | 3.5 M | 1.57 M | 1.41 M | 1.45 M | Gross Profit | 206.85 M | 245.05 M | 281.81 M | 252.62 M |
Deferred Revenue Breakdown
Evolv Technologies Deferred Revenue yearly trend continues to be fairly stable with very little volatility. Deferred Revenue is likely to outpace its year average in 2021. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Evolv Technologies Deferred Revenue is fairly stable at the moment as compared to the past year. Evolv Technologies reported Deferred Revenue of 300,600 in 2020
| 2010 | 420,000 |
| 2014 | 35,000 |
| 2019 | 334,000 |
| 2020 | 300,600 |
| 2021 | 308,511 |
Another 3 percent climb for Evolv Technologies
Jensen alpha is down to 1.43. It may cause a possible volatility fall.
As of the 18th of September 2021, Evolv Technologies shows the Coefficient Of Variation of 827.86,
mean deviation of 6.7, and Downside Deviation of 7.04. Evolv Technologies Hldgs
technical analysis allows you to utilize
historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen
technical drivers for Evolv Technologies Hldgs, which can be compared to its rivals. Please confirm
Evolv Technologies Hldgs coefficient of variation,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
skewness to decide if Evolv Technologies Hldgs is priced favorably, providing market reflects its regular price of 7.35 per share. Given that Evolv Technologies has
jensen alpha of 1.43, we urge you to verify Evolv Technologies Hldgs's prevailing market performance to make sure the company can sustain itself at a future point.
Our Takeaway on Evolv Technologies Investment
While other companies under the security & protection services industry are still a bit expensive, Evolv Technologies may offer a potential longer-term growth to sophisticated investors. The inconsistency in the assessment between current Evolv valuation and our trade advice on Evolv Technologies is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Evolv Technologies.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Evolv Technologies Holdings. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
editors@macroaxis.com
