Evolution Ab Stock Market Value
| EVGGF Stock | USD 86.20 1.20 1.37% |
| Symbol | Evolution |
Evolution '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 Evolution's pink sheet 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 Evolution.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Evolution on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Evolution AB or generate 0.0% return on investment in Evolution over 90 days. Evolution is related to or competes with Evolution Gaming, Galaxy Gaming, Sartorius Stedim, DSV Panalpina, Li Ning, and Coloplast. Evolution AB develops, produces, markets, and licenses live casino and slots solutions to gaming operators primarily in ... More
Evolution 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 Evolution's pink sheet 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 Evolution AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.9 | |||
| Information Ratio | 0.0203 | |||
| Maximum Drawdown | 25.68 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.84 |
Evolution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolution's standard deviation. In reality, there are many statistical measures that can use Evolution historical prices to predict the future Evolution's volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 0.2191 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0159 | |||
| Treynor Ratio | (5.41) |
Evolution AB Backtested Returns
Evolution appears to be very steady, given 3 months investment horizon. Evolution AB secures Sharpe Ratio (or Efficiency) of 0.0569, which denotes the company had a 0.0569 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Evolution AB, which you can use to evaluate the volatility of the firm. Please utilize Evolution's Mean Deviation of 2.38, downside deviation of 4.9, and Coefficient Of Variation of 1711.5 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Evolution holds a performance score of 4. The firm shows a Beta (market volatility) of -0.0395, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Evolution are expected to decrease at a much lower rate. During the bear market, Evolution is likely to outperform the market. Please check Evolution's downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Evolution's price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Evolution AB has very good reverse predictability. Overlapping area represents the amount of predictability between Evolution time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evolution AB price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Evolution price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 29.64 |
Evolution AB lagged returns against current returns
Autocorrelation, which is Evolution pink sheet'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 Evolution's pink sheet expected returns. We can calculate the autocorrelation of Evolution returns to help us make a trade decision. For example, suppose you find that Evolution has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Evolution 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 Evolution pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolution pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolution pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Evolution Lagged Returns
When evaluating Evolution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolution pink sheet have on its future price. Evolution 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, Evolution autocorrelation shows the relationship between Evolution pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Evolution AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Evolution Pink Sheet
Evolution financial ratios help investors to determine whether Evolution Pink Sheet 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 Evolution with respect to the benefits of owning Evolution security.