Everquote Class A Stock Probability of Future Stock Price Finishing Over 40.32

EVER Stock  USD 18.75  0.47  2.57%   
EverQuote's implied volatility is one of the determining factors in the pricing options written on EverQuote Class A. Implied volatility approximates the future value of EverQuote based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in EverQuote Class A over a specific time period. For example, 2024-04-19 CALL at $17.5 is a CALL option contract on EverQuote's common stock with a strick price of 17.5 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 10:18:27 for $1.85 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.75, and an ask price of $2.0. The implied volatility as of the 28th of March is 60.61. View All EverQuote options

Closest to current price EverQuote long CALL Option Payoff at Expiration

EverQuote's future price is the expected price of EverQuote instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of EverQuote Class A performance during a given time horizon utilizing its historical volatility. Check out EverQuote Backtesting, EverQuote Valuation, EverQuote Correlation, EverQuote Hype Analysis, EverQuote Volatility, EverQuote History as well as EverQuote Performance.
  
At this time, EverQuote's Price To Sales Ratio is relatively stable compared to the past year. As of 03/28/2024, Price Book Value Ratio is likely to grow to 5.30, though Price Earnings To Growth Ratio is likely to grow to (0.04). Please specify EverQuote's target price for which you would like EverQuote odds to be computed.

EverQuote Target Price Odds to finish over 40.32

The tendency of EverQuote Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 40.32  or more in 90 days
 18.75 90 days 40.32 
close to zero percent
Based on a normal probability distribution, the odds of EverQuote to move over $ 40.32  or more in 90 days from now is close to zero percent (This EverQuote Class A probability density function shows the probability of EverQuote Stock to fall within a particular range of prices over 90 days) . Probability of EverQuote Class A price to stay between its current price of $ 18.75  and $ 40.32  at the end of the 90-day period is nearly 4.65 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.16 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EverQuote will likely underperform. Additionally EverQuote Class A has an alpha of 0.3872, implying that it can generate a 0.39 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   EverQuote Price Density   
       Price  

Predictive Modules for EverQuote

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EverQuote Class A. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of EverQuote's 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.
Hype
Prediction
LowEstimatedHigh
15.7519.5623.37
Details
Intrinsic
Valuation
LowRealHigh
9.0512.8620.63
Details
Naive
Forecast
LowNextHigh
15.0318.8422.65
Details
7 Analysts
Consensus
LowTargetHigh
7.968.759.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as EverQuote. Your research has to be compared to or analyzed against EverQuote's peers to derive any actionable benefits. When done correctly, EverQuote's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in EverQuote Class A.

EverQuote Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. EverQuote is not an exception. The market had few large corrections towards the EverQuote's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold EverQuote Class A, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EverQuote within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.39
β
Beta against NYSE Composite2.16
σ
Overall volatility
2.56
Ir
Information ratio 0.14

EverQuote Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of EverQuote for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EverQuote Class A can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
EverQuote Class A appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 287.92 M. Net Loss for the year was (51.29 M) with profit before overhead, payroll, taxes, and interest of 380.15 M.
EverQuote Class A currently holds about 41.27 M in cash with (2.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3.
Roughly 73.0% of the company shares are held by institutions such as insurance companies
Latest headline from techtimes.com: Mega Xbox 360 Building Set Gets First-Ever Price Drop, Unleashing Creativity with Over 1,0000 Pieces

EverQuote Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of EverQuote Stock often depends not only on the future outlook of the current and potential EverQuote's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EverQuote's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding33.4 M
Cash And Short Term Investments38 M

EverQuote Technical Analysis

EverQuote's future price can be derived by breaking down and analyzing its technical indicators over time. EverQuote Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EverQuote Class A. In general, you should focus on analyzing EverQuote Stock price patterns and their correlations with different microeconomic environments and drivers.

EverQuote Predictive Forecast Models

EverQuote's time-series forecasting models is one of many EverQuote's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary EverQuote's 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 stock market movement and maximize returns from investment trading.

Things to note about EverQuote Class A

Checking the ongoing alerts about EverQuote for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EverQuote Class A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
EverQuote Class A appears to be risky and price may revert if volatility continues
The company reported the previous year's revenue of 287.92 M. Net Loss for the year was (51.29 M) with profit before overhead, payroll, taxes, and interest of 380.15 M.
EverQuote Class A currently holds about 41.27 M in cash with (2.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3.
Roughly 73.0% of the company shares are held by institutions such as insurance companies
Latest headline from techtimes.com: Mega Xbox 360 Building Set Gets First-Ever Price Drop, Unleashing Creativity with Over 1,0000 Pieces
When determining whether EverQuote Class A is a strong investment it is important to analyze EverQuote's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EverQuote's future performance. For an informed investment choice regarding EverQuote Stock, refer to the following important reports:
Check out EverQuote Backtesting, EverQuote Valuation, EverQuote Correlation, EverQuote Hype Analysis, EverQuote Volatility, EverQuote History as well as EverQuote Performance.
Note that the EverQuote Class A information on this page should be used as a complementary analysis to other EverQuote's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for EverQuote Stock analysis

When running EverQuote's price analysis, check to measure EverQuote'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 EverQuote is operating at the current time. Most of EverQuote's value examination focuses on studying past and present price action to predict the probability of EverQuote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EverQuote's price. Additionally, you may evaluate how the addition of EverQuote to your portfolios can decrease your overall portfolio volatility.
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Is EverQuote's industry 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 EverQuote. If investors know EverQuote 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 EverQuote listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.54)
Revenue Per Share
8.633
Quarterly Revenue Growth
(0.37)
Return On Assets
(0.13)
Return On Equity
(0.54)
The market value of EverQuote Class A is measured differently than its book value, which is the value of EverQuote that is recorded on the company's balance sheet. Investors also form their own opinion of EverQuote's value that differs from its market value or its book value, called intrinsic value, which is EverQuote's 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 EverQuote's market value can be influenced by many factors that don't directly affect EverQuote's 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 EverQuote's value and its price as these two are different measures arrived at by different means. Investors typically determine if EverQuote is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EverQuote's 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.