Evercore Partners Stock Market Value
| EVR Stock | USD 308.10 2.90 0.93% |
| Symbol | Evercore |
Evercore Partners Price To Book Ratio
Is Investment Banking & Brokerage space 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 Evercore Partners. If investors know Evercore 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 Evercore Partners 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 0.431 | Dividend Share 3.16 | Earnings Share 7.73 | Revenue Per Share 72.87 | Quarterly Revenue Growth 0.289 |
The market value of Evercore Partners is measured differently than its book value, which is the value of Evercore that is recorded on the company's balance sheet. Investors also form their own opinion of Evercore Partners' value that differs from its market value or its book value, called intrinsic value, which is Evercore Partners' 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 Evercore Partners' market value can be influenced by many factors that don't directly affect Evercore Partners' 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 Evercore Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Evercore Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evercore Partners' 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.
Evercore Partners '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 Evercore Partners' 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 Evercore Partners.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Evercore Partners on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Evercore Partners or generate 0.0% return on investment in Evercore Partners over 30 days. Evercore Partners is related to or competes with PJT Partners, Moelis, Perella Weinberg, Jefferies Financial, Lazard, Piper Sandler, and Houlihan Lokey. Evercore Inc., together with its subsidiaries, operates as an independent investment banking advisory firm in the United... More
Evercore Partners 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 Evercore Partners' 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 Evercore Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | 0.1032 | |||
| Maximum Drawdown | 19.27 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 3.06 |
Evercore Partners Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evercore Partners' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evercore Partners' standard deviation. In reality, there are many statistical measures that can use Evercore Partners historical prices to predict the future Evercore Partners' volatility.| Risk Adjusted Performance | 0.122 | |||
| Jensen Alpha | 0.066 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1435 | |||
| Treynor Ratio | 0.1387 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evercore Partners' 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.
Evercore Partners Backtested Returns
Evercore Partners appears to be very steady, given 3 months investment horizon. Evercore Partners secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evercore Partners, which you can use to evaluate the volatility of the firm. Please utilize Evercore Partners' Downside Deviation of 1.93, coefficient of variation of 667.24, and Mean Deviation of 1.6 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Evercore Partners holds a performance score of 11. The firm shows a Beta (market volatility) of 2.83, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Evercore Partners will likely underperform. Please check Evercore Partners' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Evercore Partners' price patterns will revert.
Auto-correlation | 0.94 |
Excellent predictability
Evercore Partners has excellent predictability. Overlapping area represents the amount of predictability between Evercore Partners time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evercore Partners price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Evercore Partners price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 29.28 |
Evercore Partners lagged returns against current returns
Autocorrelation, which is Evercore Partners 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 Evercore Partners' stock expected returns. We can calculate the autocorrelation of Evercore Partners returns to help us make a trade decision. For example, suppose you find that Evercore Partners 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 |
Evercore Partners 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 Evercore Partners stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evercore Partners stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evercore Partners stock over time.
Current vs Lagged Prices |
| Timeline |
Evercore Partners Lagged Returns
When evaluating Evercore Partners' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evercore Partners stock have on its future price. Evercore Partners 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, Evercore Partners autocorrelation shows the relationship between Evercore Partners stock current value and its past values and can show if there is a momentum factor associated with investing in Evercore Partners.
Regressed Prices |
| Timeline |
Pair Trading with Evercore Partners
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 Evercore Partners 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 Evercore Partners will appreciate offsetting losses from the drop in the long position's value.Moving together with Evercore Stock
| 0.86 | V | Visa Class A | PairCorr |
| 0.84 | DHIL | Diamond Hill Investment | PairCorr |
| 0.76 | AB | AllianceBernstein | PairCorr |
| 0.79 | AC | Associated Capital | PairCorr |
| 0.93 | BN | Brookfield Corp | PairCorr |
Moving against Evercore Stock
| 0.74 | XP | Xp Inc Downward Rally | PairCorr |
| 0.73 | WU | Western Union | PairCorr |
| 0.54 | PT | Pintec Technology | PairCorr |
| 0.38 | RM | Regional Management Corp | PairCorr |
The ability to find closely correlated positions to Evercore Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evercore Partners 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 Evercore Partners - 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 Evercore Partners to buy it.
The correlation of Evercore Partners 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 Evercore Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evercore Partners 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 Evercore Partners 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.Additional Tools for Evercore Stock Analysis
When running Evercore Partners' price analysis, check to measure Evercore Partners' 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 Evercore Partners is operating at the current time. Most of Evercore Partners' value examination focuses on studying past and present price action to predict the probability of Evercore Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evercore Partners' price. Additionally, you may evaluate how the addition of Evercore Partners to your portfolios can decrease your overall portfolio volatility.