Evolent Health Stock Market Value
| EVH Stock | USD 9.35 0.86 8.42% |
| Symbol | Evolent |
Evolent Health Price To Book Ratio
Is Health Care Technology space 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 Evolent Health. If investors know Evolent 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 Evolent Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.23) | Revenue Per Share | Quarterly Revenue Growth (0.24) | Return On Assets | Return On Equity |
The market value of Evolent Health is measured differently than its book value, which is the value of Evolent that is recorded on the company's balance sheet. Investors also form their own opinion of Evolent Health's value that differs from its market value or its book value, called intrinsic value, which is Evolent Health'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 Evolent Health's market value can be influenced by many factors that don't directly affect Evolent Health'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 Evolent Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evolent Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evolent Health'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.
Evolent Health '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 Evolent Health's stock 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 Evolent Health.
| 04/26/2025 |
| 07/25/2025 |
If you would invest 0.00 in Evolent Health on April 26, 2025 and sell it all today you would earn a total of 0.00 from holding Evolent Health or generate 0.0% return on investment in Evolent Health over 90 days. Evolent Health is related to or competes with Privia Health, Certara, HealthStream, National Research, HealthEquity, Surgery Partners, and Glaukos Corp. Evolent Health, Inc., a healthcare company, through its subsidiary, Evolent Health LLC, provides clinical and administra... More
Evolent Health 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 Evolent Health's stock 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 Evolent Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.86 | |||
| Information Ratio | 0.005 | |||
| Maximum Drawdown | 28.95 | |||
| Value At Risk | (8.42) | |||
| Potential Upside | 6.94 |
Evolent Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolent Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolent Health's standard deviation. In reality, there are many statistical measures that can use Evolent Health historical prices to predict the future Evolent Health's volatility.| Risk Adjusted Performance | 0.0541 | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (1.10) | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | 0.1003 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evolent Health'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.
Evolent Health Backtested Returns
Evolent Health is slightly risky at the moment. Evolent Health secures Sharpe Ratio (or Efficiency) of 0.0255, which denotes the company had a 0.0255 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Evolent Health, which you can use to evaluate the volatility of the firm. Please confirm Evolent Health's Mean Deviation of 3.18, downside deviation of 5.86, and Coefficient Of Variation of 1818.03 to check if the risk estimate we provide is consistent with the expected return of 0.13%. Evolent Health has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.56, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Evolent Health will likely underperform. Evolent Health right now shows a risk of 4.99%. Please confirm Evolent Health sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Evolent Health will be following its price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Evolent Health has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Evolent Health time series from 26th of April 2025 to 10th of June 2025 and 10th of June 2025 to 25th 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 Evolent Health price movement. The serial correlation of -0.71 indicates that around 71.0% of current Evolent Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1.45 |
Evolent Health lagged returns against current returns
Autocorrelation, which is Evolent Health stock'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 Evolent Health's stock expected returns. We can calculate the autocorrelation of Evolent Health returns to help us make a trade decision. For example, suppose you find that Evolent Health has exhibited high autocorrelation historically, and you observe that the stock 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 |
Evolent Health 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 Evolent Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Evolent Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Evolent Health stock over time.
Current vs Lagged Prices |
| Timeline |
Evolent Health Lagged Returns
When evaluating Evolent Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Evolent Health stock have on its future price. Evolent Health 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, Evolent Health autocorrelation shows the relationship between Evolent Health stock current value and its past values and can show if there is a momentum factor associated with investing in Evolent Health.
Regressed Prices |
| Timeline |
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Check out Evolent Health Correlation, Evolent Health Volatility and Evolent Health Alpha and Beta module to complement your research on Evolent Health. For more detail on how to invest in Evolent Stock please use our How to Invest in Evolent Health guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Evolent Health 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.