Evolve Cryptocurrencies Etf Analysis
| ETC Etf | 20.00 0.27 1.33% |
Evolve Cryptocurrencies ETF is overvalued with Real Value of 17.8 and Hype Value of 20.0. The main objective of Evolve Cryptocurrencies etf analysis is to determine its intrinsic value, which is an estimate of what Evolve Cryptocurrencies ETF is worth, separate from its market price. There are two main types of Evolve Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of Evolve Cryptocurrencies ETF. On the other hand, technical analysis, focuses on the price and volume data of Evolve Etf to identify patterns and trends that may indicate its future price movements.
The Evolve Cryptocurrencies etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
Evolve |
Evolve Etf Analysis Notes
Equitable Group Inc., through its subsidiary, Equitable Bank, offer various financial services to retail and commercial customers in Canada. It is possible that Evolve Cryptocurrencies ETF etf was renamed or delisted. To learn more about Evolve Cryptocurrencies ETF call the company at 416-515-7000 or check out http://www.equitablebank.ca.Evolve Cryptocurrencies Investment Alerts
| Evolve Cryptocurrencies appears to be risky and price may revert if volatility continues | |
| Evolve Cryptocurrencies ETF has accumulated 4.84 B in total debt with debt to equity ratio (D/E) of 7.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Evolve Cryptocurrencies has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Evolve Cryptocurrencies until it has trouble settling it off, either with new capital or with free cash flow. So, Evolve Cryptocurrencies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Evolve Cryptocurrencies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Evolve to invest in growth at high rates of return. When we think about Evolve Cryptocurrencies' use of debt, we should always consider it together with cash and equity. | |
| Evolve Cryptocurrencies ETF has accumulated about 259.82 M in cash with (1.28 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.81. |
Evolve Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 676.38 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evolve Cryptocurrencies's market, we take the total number of its shares issued and multiply it by Evolve Cryptocurrencies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Evolve Profitablity
Evolve Cryptocurrencies' profitability indicators refer to fundamental financial ratios that showcase Evolve Cryptocurrencies' ability to generate income relative to its revenue or operating costs. If, let's say, Evolve Cryptocurrencies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Evolve Cryptocurrencies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Evolve Cryptocurrencies' profitability requires more research than a typical breakdown of Evolve Cryptocurrencies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 49.48 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 66.58 %, which suggests for every 100 dollars of sales, it generated a net operating income of $66.58. Management Efficiency
Evolve Cryptocurrencies has return on total asset (ROA) of 0.88 % which means that it generated a profit of $0.88 on every $100 spent on assets. This is way below average. Evolve Cryptocurrencies' management efficiency ratios could be used to measure how well Evolve Cryptocurrencies manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at Evolve Cryptocurrencies ETF is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 12.73 | Returns 1 Y 141.89 | Total Assets 74.4 M | 3 y Exp Return 20.47 | Returns YTD 121.29 |
Top Evolve Cryptocurrencies ETF Etf Constituents
| ETHR | 16.52156% |
| Harbor ETF Trust | 83.42916% |
Technical Drivers
As of the 3rd of December, Evolve Cryptocurrencies shows the Mean Deviation of 2.59, coefficient of variation of 426.62, and Downside Deviation of 2.3. Evolve Cryptocurrencies technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.Evolve Cryptocurrencies Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Evolve Cryptocurrencies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Evolve Cryptocurrencies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Evolve Cryptocurrencies Outstanding Bonds
Evolve Cryptocurrencies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evolve Cryptocurrencies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evolve bonds can be classified according to their maturity, which is the date when Evolve Cryptocurrencies ETF has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Evolve Cryptocurrencies Predictive Daily Indicators
Evolve Cryptocurrencies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Evolve Cryptocurrencies etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Evolve Cryptocurrencies Forecast Models
Evolve Cryptocurrencies' time-series forecasting models are one of many Evolve Cryptocurrencies' etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Evolve Cryptocurrencies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Evolve Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Evolve Cryptocurrencies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evolve shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Evolve Cryptocurrencies. By using and applying Evolve Etf analysis, traders can create a robust methodology for identifying Evolve entry and exit points for their positions.
Equitable Group Inc., through its subsidiary, Equitable Bank, offer various financial services to retail and commercial customers in Canada.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Evolve Cryptocurrencies to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Portfolio Manager Now
Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital |
| All Next | Launch Module |
Other Information on Investing in Evolve Etf
Evolve Cryptocurrencies financial ratios help investors to determine whether Evolve Etf 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 Evolve with respect to the benefits of owning Evolve Cryptocurrencies security.