Ev Technology Group Stock Performance
| EVTGF Stock | USD 0 0.00 0.00% |
The firm owns a Beta (Systematic Risk) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and EV Technology are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days EV Technology Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, EV Technology is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
EVTGF |
EV Technology Relative Risk vs. Return Landscape
If you would invest 0.41 in EV Technology Group on September 4, 2024 and sell it today you would earn a total of 0.00 from holding EV Technology Group or generate 0.0% return on investment over 90 days. EV Technology Group is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than EVTGF, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
EV Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for EV Technology's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as EV Technology Group, and traders can use it to determine the average amount a EV Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| EVTGF |
Based on monthly moving average EV Technology 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 EV Technology by adding EV Technology to a well-diversified portfolio.
EV Technology Fundamentals Growth
EVTGF Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of EV Technology, and EV Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on EVTGF Pink Sheet performance.
| Current Valuation | 16.67 M | |||
| Shares Outstanding | 108.25 M | |||
| Cash And Equivalents | 2.41 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 58.53 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.29 M) | |||
About EV Technology Performance
By analyzing EV Technology's fundamental ratios, stakeholders can gain valuable insights into EV Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if EV Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if EV Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
EV Technology Group Ltd. focuses on developing and commercializing electric vehicle technologies. The company was incorporated in 2021 and is headquartered in Toronto, Canada. Ev Technology is traded on OTC Exchange in the United States.Things to note about EV Technology Group performance evaluation
Checking the ongoing alerts about EV Technology for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for EV Technology Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| EV Technology Group generated a negative expected return over the last 90 days | |
| EV Technology Group has some characteristics of a very speculative penny stock | |
| EV Technology Group has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (642.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| EV Technology Group has accumulated about 2.41 M in cash with (1.29 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of the company shares are held by company insiders |
- Analyzing EV Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether EV Technology's stock is overvalued or undervalued compared to its peers.
- Examining EV Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating EV Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of EV Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of EV Technology's pink sheet. These opinions can provide insight into EV Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for EVTGF Pink Sheet analysis
When running EV Technology's price analysis, check to measure EV Technology'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 EV Technology is operating at the current time. Most of EV Technology's value examination focuses on studying past and present price action to predict the probability of EV Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EV Technology's price. Additionally, you may evaluate how the addition of EV Technology to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |