Everquote Class A Stock Technical Analysis

EVER Stock  USD 18.75  0.47  2.57%   
As of the 28th of March, EverQuote shows the Mean Deviation of 2.86, downside deviation of 3.3, and Coefficient Of Variation of 558.65. EverQuote Class A technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for EverQuote Class A, which can be compared to its rivals. Please confirm EverQuote Class A variance, as well as the relationship between the value at risk and skewness to decide if EverQuote Class A is priced favorably, providing market reflects its regular price of 18.75 per share. Given that EverQuote has jensen alpha of 0.3872, we urge you to verify EverQuote Class A's prevailing market performance to make sure the company can sustain itself at a future point.

EverQuote Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EverQuote, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EverQuote
  
EverQuote's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

EverQuote Analyst Consensus

Target PriceAdvice# of Analysts
8.75Buy7Odds
EverQuote Class A current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most EverQuote analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand EverQuote stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EverQuote Class A, talking to its executives and customers, or listening to EverQuote conference calls.
EverQuote Analyst Advice Details
EverQuote 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.
A focus of EverQuote technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EverQuote trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

EverQuote Class A Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of EverQuote Class A volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EverQuote Class A Trend Analysis

Use this graph to draw trend lines for EverQuote Class A. You can use it to identify possible trend reversals for EverQuote as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual EverQuote price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

EverQuote Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EverQuote Class A applied against its price change over selected period. The best fit line has a slop of   0.14  , which means EverQuote Class A will continue generating value for investors. It has 122 observation points and a regression sum of squares at 728.06, which is the sum of squared deviations for the predicted EverQuote price change compared to its average price change.

About EverQuote Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of EverQuote Class A on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of EverQuote Class A based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EverQuote Class A price pattern first instead of the macroeconomic environment surrounding EverQuote Class A. By analyzing EverQuote's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of EverQuote's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to EverQuote specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Fixed Asset Turnover33.0539.2544.25
Current Ratio1.782.311.48

EverQuote March 28, 2024 Technical Indicators

Most technical analysis of EverQuote help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for EverQuote from various momentum indicators to cycle indicators. When you analyze EverQuote charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

EverQuote March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as EverQuote stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EverQuote Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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.