EVT (Australia) Market Value
| EVT Stock | 16.74 0.12 0.72% |
| Symbol | EVT |
EVT 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EVT's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EVT.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in EVT on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding EVT or generate 0.0% return on investment in EVT over 90 days. EVT is related to or competes with Computershare, Aussie Broadband, Charter Hall, and Perseus Mining. EVT is entity of Australia. It is traded as Stock on AU exchange. More
EVT Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EVT's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EVT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.186 | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 2.23 |
EVT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EVT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EVT's standard deviation. In reality, there are many statistical measures that can use EVT historical prices to predict the future EVT's volatility.| Risk Adjusted Performance | 0.2888 | |||
| Jensen Alpha | 0.3193 | |||
| Total Risk Alpha | 0.1842 | |||
| Sortino Ratio | 0.2088 | |||
| Treynor Ratio | 1.65 |
EVT Backtested Returns
EVT appears to be very steady, given 3 months investment horizon. EVT secures Sharpe Ratio (or Efficiency) of 0.33, which denotes the company had a 0.33 % return per unit of volatility over the last 3 months. We have found thirty technical indicators for EVT, which you can use to evaluate the volatility of the firm. Please utilize EVT's Downside Deviation of 1.04, mean deviation of 0.8834, and Market Risk Adjusted Performance of 1.66 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EVT holds a performance score of 25. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, EVT's returns are expected to increase less than the market. However, during the bear market, the loss of holding EVT is expected to be smaller as well. Please check EVT's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether EVT's price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
EVT has good predictability. Overlapping area represents the amount of predictability between EVT time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EVT price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current EVT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
EVT lagged returns against current returns
Autocorrelation, which is EVT stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EVT's stock expected returns. We can calculate the autocorrelation of EVT returns to help us make a trade decision. For example, suppose you find that EVT has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
EVT regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EVT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EVT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EVT stock over time.
Current vs Lagged Prices |
| Timeline |
EVT Lagged Returns
When evaluating EVT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EVT stock have on its future price. EVT autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EVT autocorrelation shows the relationship between EVT stock current value and its past values and can show if there is a momentum factor associated with investing in EVT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for EVT Stock Analysis
When running EVT's price analysis, check to measure EVT'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 EVT is operating at the current time. Most of EVT's value examination focuses on studying past and present price action to predict the probability of EVT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVT's price. Additionally, you may evaluate how the addition of EVT to your portfolios can decrease your overall portfolio volatility.