Eva Live Stock Market Value
| GOAI Stock | USD 2.07 0.04 1.90% |
| Symbol | Eva |
Eva Live '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 Eva Live's otc 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 Eva Live.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Eva Live on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Eva Live or generate 0.0% return on investment in Eva Live over 180 days. Eva Live is related to or competes with Ross Stores, JJill, Lion One, PVH Corp, Perseus Mining, Tandy Leather, and Citi Trends. Eva Live, Inc. operates in the entertainment, publishing, and interactive industries More
Eva Live 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 Eva Live's otc 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 Eva Live upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 19.11 | |||
| Information Ratio | 0.1096 | |||
| Maximum Drawdown | 119.71 | |||
| Value At Risk | (21.57) | |||
| Potential Upside | 40.67 |
Eva Live Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eva Live's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eva Live's standard deviation. In reality, there are many statistical measures that can use Eva Live historical prices to predict the future Eva Live's volatility.| Risk Adjusted Performance | 0.0985 | |||
| Jensen Alpha | 1.73 | |||
| Total Risk Alpha | 1.34 | |||
| Sortino Ratio | 0.0922 | |||
| Treynor Ratio | 0.6785 |
Eva Live Backtested Returns
Eva Live is out of control given 3 months investment horizon. Eva Live secures Sharpe Ratio (or Efficiency) of 0.0995, which denotes the company had a 0.0995% return per unit of standard deviation over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.62% are justified by taking the suggested risk. Use Eva Live Semi Deviation of 7.89, mean deviation of 7.93, and Downside Deviation of 19.11 to evaluate company specific risk that cannot be diversified away. Eva Live holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.63, 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, Eva Live will likely underperform. Use Eva Live sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to analyze future returns on Eva Live.
Auto-correlation | 0.01 |
Virtually no predictability
Eva Live has virtually no predictability. Overlapping area represents the amount of predictability between Eva Live time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th of December 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 Eva Live price movement. The serial correlation of 0.01 indicates that just 1.0% of current Eva Live price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Eva Live lagged returns against current returns
Autocorrelation, which is Eva Live otc 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 Eva Live's otc stock expected returns. We can calculate the autocorrelation of Eva Live returns to help us make a trade decision. For example, suppose you find that Eva Live has exhibited high autocorrelation historically, and you observe that the otc 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 |
Eva Live 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 Eva Live otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eva Live otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eva Live otc stock over time.
Current vs Lagged Prices |
| Timeline |
Eva Live Lagged Returns
When evaluating Eva Live's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eva Live otc stock have on its future price. Eva Live 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, Eva Live autocorrelation shows the relationship between Eva Live otc stock current value and its past values and can show if there is a momentum factor associated with investing in Eva Live.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Eva OTC Stock
Eva Live financial ratios help investors to determine whether Eva OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eva with respect to the benefits of owning Eva Live security.