Evi Industries Stock Alpha and Beta Analysis
| EVI Stock | USD 19.06 0.17 0.90% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as EVI Industries. It also helps investors analyze the systematic and unsystematic risks associated with investing in EVI Industries over a specified time horizon. Remember, high EVI Industries' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to EVI Industries' market risk premium analysis include:
Beta 2.24 | Alpha 0.0332 | Risk 3.45 | Sharpe Ratio 0.089 | Expected Return 0.31 |
EVI Industries Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
EVI |
EVI Industries Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. EVI Industries market risk premium is the additional return an investor will receive from holding EVI Industries long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in EVI Industries. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate EVI Industries' performance over market.| α | 0.03 | β | 2.24 |
EVI Industries expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of EVI Industries' Buy-and-hold return. Our buy-and-hold chart shows how EVI Industries performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.EVI Industries Market Price Analysis
Market price analysis indicators help investors to evaluate how EVI Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EVI Industries shares will generate the highest return on investment. By understating and applying EVI Industries stock market price indicators, traders can identify EVI Industries position entry and exit signals to maximize returns.
EVI Industries Return and Market Media
The median price of EVI Industries for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 19.22 with a coefficient of variation of 8.11. The daily time series for the period is distributed with a sample standard deviation of 1.52, arithmetic mean of 18.74, and mean deviation of 1.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | EVI Industries Q4 Earnings Rise YY on Strong Parts and Services Growth | 09/13/2024 |
2 | Acquisition by Glen Kruger of 1922 shares of EVI Industries subject to Rule 16b-3 | 09/26/2024 |
3 | Disposition of 617 shares by Robert Lazar of EVI Industries at 19.61 subject to Rule 16b-3 | 09/27/2024 |
| EVI Industries dividend paid on 7th of October 2024 | 10/07/2024 |
4 | Disposition of 170 shares by Robert Lazar of EVI Industries at 19.24 subject to Rule 16b-3 | 10/09/2024 |
5 | Disposition of 110 shares by Robert Lazar of EVI Industries at 18.62 subject to Rule 16b-3 | 10/10/2024 |
6 | Disposition of 826 shares by Thomas Marks of EVI Industries at 19.24 subject to Rule 16b-3 | 10/11/2024 |
7 | Acquisition by Hal Lucas of 2205 shares of EVI Industries subject to Rule 16b-3 | 10/18/2024 |
8 | Disposition of 132 shares by Robert Lazar of EVI Industries at 19.98 subject to Rule 16b-3 | 11/01/2024 |
9 | EVI GAAP EPS of 0.21, revenue of 93.6M | 11/12/2024 |
10 | EVI Industries Q1 Earnings Up YY on Tech Upgrades, Shares Down 10 | 11/14/2024 |
11 | Disposition of 3058 shares by Henry Nahmad of EVI Industries at 18.41 subject to Rule 16b-3 | 11/19/2024 |
12 | Evi industries director Lucas Hal M sells shares worth 27,415 | 11/21/2024 |
About EVI Industries Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including EVI or other stocks. Alpha measures the amount that position in EVI Industries has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0208 | 0.0198 | Price To Sales Ratio | 0.64 | 1.24 |
EVI Industries Upcoming Company Events
As portrayed in its financial statements, the presentation of EVI Industries' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, EVI Industries' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of EVI Industries' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of EVI Industries. Please utilize our Beneish M Score to check the likelihood of EVI Industries' management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with EVI Industries
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Align your risk with return expectations
Check out EVI Industries Backtesting, EVI Industries Valuation, EVI Industries Correlation, EVI Industries Hype Analysis, EVI Industries Volatility, EVI Industries History and analyze EVI Industries Performance. For more detail on how to invest in EVI Stock please use our How to Invest in EVI Industries guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
EVI Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.