Evi Industries Stock Price Prediction
| EVI Stock | USD 19.06 0.17 0.90% |
Oversold Vs Overbought
43
Oversold | Overbought |
Quarterly Earnings Growth 1.34 | Quarterly Revenue Growth 0.063 |
Using EVI Industries hype-based prediction, you can estimate the value of EVI Industries from the perspective of EVI Industries response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in EVI Industries to buy its stock at a price that has no basis in reality. In that case, they are not buying EVI because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
EVI Industries after-hype prediction price | USD 19.17 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
EVI |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EVI Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
EVI Industries After-Hype Price Prediction Density Analysis
As far as predicting the price of EVI Industries at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in EVI Industries or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of EVI Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
EVI Industries Estimiated After-Hype Price Volatility
In the context of predicting EVI Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on EVI Industries' historical news coverage. EVI Industries' after-hype downside and upside margins for the prediction period are 15.72 and 22.62, respectively. We have considered EVI Industries' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
EVI Industries is not too volatile at this time. Analysis and calculation of next after-hype price of EVI Industries is based on 3 months time horizon.
EVI Industries Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as EVI Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading EVI Industries backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with EVI Industries, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.31 | 3.45 | 0.11 | 0.08 | 6 Events / Month | 9 Events / Month | In about 6 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
19.06 | 19.17 | 0.58 |
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EVI Industries Hype Timeline
On the 28th of November EVI Industries is traded for 19.06. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of -0.08. EVI is anticipated to increase in value after the next headline, with the price projected to jump to 19.17 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is forecasted to be 0.58%, whereas the daily expected return is currently at 0.31%. The volatility of related hype on EVI Industries is about 1331.58%, with the expected price after the next announcement by competition of 18.98. The company reported the last year's revenue of 353.56 M. Total Income to common stockholders was 5.65 M with profit before taxes, overhead, and interest of 103.68 M. Considering the 90-day investment horizon the next anticipated press release will be in about 6 days. Check out EVI Industries Basic Forecasting Models to cross-verify your projections.EVI Industries Related Hype Analysis
Having access to credible news sources related to EVI Industries' direct competition is more important than ever and may enhance your ability to predict EVI Industries' future price movements. Getting to know how EVI Industries' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how EVI Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| DXPE | DXP Enterprises | 7.14 | 8 per month | 1.63 | 0.12 | 3.89 | (2.97) | 22.06 | |
| GIC | Global Industrial Co | 0.97 | 9 per month | 0.00 | (0.1) | 2.07 | (2.31) | 23.70 | |
| CNM | Core Main | (1.43) | 11 per month | 0.00 | (0.07) | 3.55 | (3.12) | 15.81 | |
| WSO-B | Watsco Inc | 0.00 | 9 per month | 0.00 | 0.03 | 1.31 | 0.00 | 11.25 | |
| DSGR | Distribution Solutions Group | (1.50) | 10 per month | 1.96 | (0) | 3.54 | (2.89) | 18.72 | |
| WCC-PA | WESCO International | 0.00 | 0 per month | 0.00 | (0.65) | 0.27 | (0.19) | 0.66 | |
| BXC | BlueLinx Holdings | (1.07) | 7 per month | 2.16 | 0.09 | 4.69 | (3.32) | 13.51 | |
| AIT | Applied Industrial Technologies | (2.28) | 10 per month | 0.82 | 0.15 | 3.17 | (1.96) | 15.15 | |
| SITE | SiteOne Landscape Supply | (6.32) | 9 per month | 1.92 | 0.01 | 3.93 | (3.10) | 11.76 | |
| FERG | Ferguson Plc | (0.21) | 9 per month | 1.78 | (0.04) | 2.15 | (2.35) | 10.59 | |
| MSM | MSC Industrial Direct | 1.85 | 10 per month | 1.71 | (0.02) | 3.08 | (2.68) | 10.99 |
EVI Industries Additional Predictive Modules
Most predictive techniques to examine EVI price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for EVI using various technical indicators. When you analyze EVI charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About EVI Industries Predictive Indicators
The successful prediction of EVI Industries 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 EVI Industries, 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 EVI Industries based on analysis of EVI Industries hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to EVI Industries's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to EVI Industries's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.0208 | 0.0198 | Price To Sales Ratio | 0.64 | 1.24 |
Story Coverage note for EVI Industries
The number of cover stories for EVI Industries depends on current market conditions and EVI Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that EVI Industries is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about EVI Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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EVI Industries Short Properties
EVI Industries' future price predictability will typically decrease when EVI Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of EVI Industries often depends not only on the future outlook of the potential EVI Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EVI Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.2 M | |
| Cash And Short Term Investments | 4.6 M |
Complementary Tools for EVI Stock analysis
When running EVI Industries' price analysis, check to measure EVI 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 EVI Industries is operating at the current time. Most of EVI Industries' value examination focuses on studying past and present price action to predict the probability of EVI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EVI Industries' price. Additionally, you may evaluate how the addition of EVI Industries to your portfolios can decrease your overall portfolio volatility.
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