Evonik Industries (Germany) Today

EVK Stock  EUR 18.09  0.05  0.28%   

Performance

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Odds Of Distress

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Evonik Industries is trading at 18.09 as of the 29th of March 2024, a -0.28 percent decrease since the beginning of the trading day. The stock's lowest day price was 18.09. Evonik Industries has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Evonik Industries AG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.

Moving against Evonik Stock

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Evonik Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Evonik Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Evonik Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationOther, Other (View all Sectors)
Evonik Industries AG (EVK) is traded on Berlin Exchange in Germany . The company currently falls under 'Large-Cap' category with a current market capitalization of 12.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evonik Industries's market, we take the total number of its shares issued and multiply it by Evonik Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Evonik Industries operates under Other sector and is part of Other industry. The entity has 0 outstanding shares. Evonik Industries generates positive cash flow from operations, but has no cash available
Check Evonik Industries Probability Of Bankruptcy

Evonik Industries Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Evonik Industries market risk premium is the additional return an investor will receive from holding Evonik Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Evonik Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Evonik Industries' alpha and beta are two of the key measurements used to evaluate Evonik Industries' performance over the market, the standard measures of volatility play an important role as well.

Evonik Stock Against Markets

Picking the right benchmark for Evonik Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Evonik Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Evonik Industries is critical whether you are bullish or bearish towards Evonik Industries AG at a given time. Please also check how Evonik Industries' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Evonik Industries without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Evonik Stock?

Before investing in Evonik Industries, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Evonik Industries. To buy Evonik Industries stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Evonik Industries. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Evonik Industries stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Evonik Industries AG stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Evonik Industries AG stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Evonik Industries AG, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Evonik Industries AG?

The danger of trading Evonik Industries AG is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Evonik Industries is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Evonik Industries. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Evonik Industries is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evonik Industries AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Evonik Stock analysis

When running Evonik Industries' price analysis, check to measure Evonik 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 Evonik Industries is operating at the current time. Most of Evonik Industries' value examination focuses on studying past and present price action to predict the probability of Evonik Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evonik Industries' price. Additionally, you may evaluate how the addition of Evonik Industries to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Evonik Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evonik Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evonik 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.