Endava Stock Shares Owned By Institutions
DAVA Stock | USD 30.90 0.25 0.80% |
Endava fundamentals help investors to digest information that contributes to Endava's financial success or failures. It also enables traders to predict the movement of Endava Stock. The fundamental analysis module provides a way to measure Endava's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Endava stock.
Endava | Shares Owned By Institutions |
Endava Company Shares Owned By Institutions Analysis
Endava's Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
More About Shares Owned By Institutions | All Equity Analysis
Shares Held by Institutions | = | Funds and Banks | + | Firms |
Current Endava Shares Owned By Institutions | 86.00 % |
Most of Endava's fundamental indicators, such as Shares Owned By Institutions, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Endava is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Endava Shares Owned By Institutions Driver Correlations
Understanding the fundamental principles of building solid financial models for Endava is extremely important. It helps to project a fair market value of Endava Stock properly, considering its historical fundamentals such as Shares Owned By Institutions. Since Endava's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Endava's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Endava's interrelated accounts and indicators.
Click cells to compare fundamentals
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Competition |
Based on the latest financial disclosure, 86% of Endava are shares owned by institutions. This is 88.43% higher than that of the IT Services sector and significantly higher than that of the Information Technology industry. The shares owned by institutions for all United States stocks is 119.33% lower than that of the firm.
Endava Shares Owned By Institutions Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Endava's direct or indirect competition against its Shares Owned By Institutions to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Endava could also be used in its relative valuation, which is a method of valuing Endava by comparing valuation metrics of similar companies.Endava is currently under evaluation in shares owned by institutions category among related companies.
Endava Current Valuation Drivers
We derive many important indicators used in calculating different scores of Endava from analyzing Endava's financial statements. These drivers represent accounts that assess Endava's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Endava's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 2.1B | 4.5B | 4.1B | 2.4B | 2.1B | 1.8B | |
Enterprise Value | 2.0B | 4.5B | 4.0B | 2.3B | 2.0B | 1.8B |
Endava Fundamentals
Return On Equity | 0.12 | |||
Return On Asset | 0.069 | |||
Profit Margin | 0.09 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 1.66 B | |||
Shares Outstanding | 57.75 M | |||
Shares Owned By Insiders | 0.69 % | |||
Shares Owned By Institutions | 86.00 % | |||
Number Of Shares Shorted | 710.64 K | |||
Price To Earning | 40.83 X | |||
Price To Book | 2.27 X | |||
Price To Sales | 2.31 X | |||
Revenue | 794.73 M | |||
Gross Profit | 269.58 M | |||
EBITDA | 129.71 M | |||
Net Income | 94.16 M | |||
Cash And Equivalents | 182.4 M | |||
Cash Per Share | 3.28 X | |||
Total Debt | 69.01 M | |||
Debt To Equity | 0.13 % | |||
Current Ratio | 2.67 X | |||
Book Value Per Share | 10.35 X | |||
Cash Flow From Operations | 124.52 M | |||
Short Ratio | 1.01 X | |||
Earnings Per Share | 1.46 X | |||
Price To Earnings To Growth | 1.88 X | |||
Target Price | 49.39 | |||
Number Of Employees | 11.76 K | |||
Beta | 1.08 | |||
Market Capitalization | 1.78 B | |||
Total Asset | 770.12 M | |||
Retained Earnings | 522.93 M | |||
Working Capital | 226.08 M | |||
Current Asset | 78.57 M | |||
Current Liabilities | 69.59 M | |||
Net Asset | 770.12 M |
About Endava Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Endava's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Endava using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Endava based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Endava
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Endava position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Endava will appreciate offsetting losses from the drop in the long position's value.Moving together with Endava Stock
0.81 | S | SentinelOne Financial Report 6th of June 2024 | PairCorr |
Moving against Endava Stock
0.72 | NN | Nextnav Acquisition Corp Financial Report 8th of May 2024 | PairCorr |
0.71 | GB | Global Blue Group | PairCorr |
0.67 | DTSS | Datasea | PairCorr |
0.6 | VERI | Veritone Financial Report 7th of May 2024 | PairCorr |
0.58 | SQ | Block Inc | PairCorr |
The ability to find closely correlated positions to Endava could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endava when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Endava - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Endava to buy it.
The correlation of Endava is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Endava moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endava moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Endava can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Endava Piotroski F Score and Endava Altman Z Score analysis. For information on how to trade Endava Stock refer to our How to Trade Endava Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Endava Stock analysis
When running Endava's price analysis, check to measure Endava'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 Endava is operating at the current time. Most of Endava's value examination focuses on studying past and present price action to predict the probability of Endava's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endava's price. Additionally, you may evaluate how the addition of Endava to your portfolios can decrease your overall portfolio volatility.
Equity Valuation Check real value of public entities based on technical and fundamental data | |
CEOs Directory Screen CEOs from public companies around the world | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is Endava'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 Endava. If investors know Endava 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 Endava 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 (0.46) | Earnings Share 1.46 | Revenue Per Share 13.221 | Quarterly Revenue Growth (0.11) | Return On Assets 0.069 |
The market value of Endava is measured differently than its book value, which is the value of Endava that is recorded on the company's balance sheet. Investors also form their own opinion of Endava's value that differs from its market value or its book value, called intrinsic value, which is Endava'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 Endava's market value can be influenced by many factors that don't directly affect Endava'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 Endava's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endava is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endava'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.