Evolution Mining Limited Not Flying Under The Radar - Simply Wall St
| EVN Stock | 4.96 0.01 0.20% |
Slightly above 54% of Evolution Mining's investor base is interested to short. The current sentiment regarding investing in Evolution Mining stock implies that many traders are impartial. Evolution Mining's investing sentiment can be driven by a variety of factors including economic data, Evolution Mining's earnings reports, geopolitical events, and overall market trends.
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Evolution Mining Limited Not Flying Under The Radar Simply Wall St
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Evolution Mining Fundamental Analysis
We analyze Evolution Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evolution Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evolution Mining 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.
Price To Book
Price To Book Comparative Analysis
Evolution Mining is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Evolution Mining Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Evolution Mining stock to make a market-neutral strategy. Peer analysis of Evolution Mining could also be used in its relative valuation, which is a method of valuing Evolution Mining by comparing valuation metrics with similar companies.
Peers
Evolution Mining Related Equities
| EGL | Environmental | 3.57 | ||||
| VVA | Viva Leisure | 0.69 | ||||
| NEC | Nine Entertainment | 0.79 | ||||
| A1N | ARN Media | 1.37 | ||||
| VSL | Vulcan Steel | 1.57 | ||||
| ASG | Autosports | 2.72 |
Additional Tools for Evolution Stock Analysis
When running Evolution Mining's price analysis, check to measure Evolution Mining'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 Evolution Mining is operating at the current time. Most of Evolution Mining's value examination focuses on studying past and present price action to predict the probability of Evolution Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evolution Mining's price. Additionally, you may evaluate how the addition of Evolution Mining to your portfolios can decrease your overall portfolio volatility.