Evgo Inc Stock Performance
| EVGO Stock | USD 6.58 0.22 3.46% |
Evgo holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.27, which means not very significant fluctuations relative to the market. As returns on the market increase, Evgo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evgo is expected to be smaller as well. Use Evgo value at risk, and the relationship between the jensen alpha and skewness , to analyze future returns on Evgo.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Evgo Inc are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very uncertain technical and fundamental indicators, Evgo displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (3.95) | Five Day Return 5.33 | Year To Date Return 91.52 | Ten Year Return (35.59) | All Time Return (35.59) |
1 | EVgo Stock Down 12 percent But Insiders Still In US266k Profit | 09/25/2024 |
2 | Disposition of 29857 shares by Francine Sullivan of Evgo at 2.086 subject to Rule 16b-3 | 09/27/2024 |
3 | Insider Trading | 10/01/2024 |
4 | Disposition of 25291 shares by Francine Sullivan of Evgo subject to Rule 16b-3 | 10/02/2024 |
5 | US offers EVgo conditional 1.05 billion loan for EV chargers | 10/03/2024 |
6 | Disposition of 41666 shares by Francine Sullivan of Evgo subject to Rule 16b-3 | 10/11/2024 |
7 | Disposition of 2042 shares by Seelig Jonathan of Evgo subject to Rule 16b-3 | 10/14/2024 |
8 | Plug Power, EVgo, Enovix Analyst Clean Tech Picks For Navigating Election Exposure, Hedging Uncertainty | 10/21/2024 |
9 | Acquisition by Paul Dobson of 56078 shares of Evgo subject to Rule 16b-3 | 10/22/2024 |
10 | EVgo Q3 Sales Surge 92 percent As Charging Revenues And Customer Growth Drive Performance Stock Jumps | 11/12/2024 |
11 | Disposition of 27268 shares by Badar Khan of Evgo subject to Rule 16b-3 | 11/13/2024 |
12 | Disposition of 38341 shares by Badar Khan of Evgo at 5.1356 subject to Rule 16b-3 | 11/14/2024 |
13 | The EVgo, Inc. Third-Quarter Results Are Out And Analysts Have Published New Forecasts | 11/15/2024 |
14 | The Price Is Right For EVgo, Inc. Even After Diving | 11/18/2024 |
15 | EVgo Expands Charging Network in Midwest with 1.05 Billion DOE Loan Guarantee | 11/19/2024 |
16 | Meijer to add nearly 500 electric charging stalls | 11/20/2024 |
17 | Why EVgo Stock Surged Over 25 percent This Week and Could Rally Even Higher | 11/22/2024 |
| Begin Period Cash Flow | 246.5 M |
Evgo |
Evgo Relative Risk vs. Return Landscape
If you would invest 414.00 in Evgo Inc on August 28, 2024 and sell it today you would earn a total of 244.00 from holding Evgo Inc or generate 58.94% return on investment over 90 days. Evgo Inc is currently generating 1.067% in daily expected returns and assumes 9.2323% risk (volatility on return distribution) over the 90 days horizon. In different words, 82% of stocks are less volatile than Evgo, and 79% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Evgo Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evgo's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evgo Inc, and traders can use it to determine the average amount a Evgo's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1156
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | EVGO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.23 actual daily | 82 82% of assets are less volatile |
Expected Return
| 1.07 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Evgo is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Evgo by adding it to a well-diversified portfolio.
Evgo Fundamentals Growth
Evgo Stock prices reflect investors' perceptions of the future prospects and financial health of Evgo, and Evgo fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Evgo Stock performance.
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0972 | ||||
| Profit Margin | (0.19) % | ||||
| Operating Margin | (0.48) % | ||||
| Current Valuation | 638.91 M | ||||
| Shares Outstanding | 107.35 M | ||||
| Price To Book | 34.02 X | ||||
| Price To Sales | 8.34 X | ||||
| Revenue | 160.95 M | ||||
| Gross Profit | 13.13 M | ||||
| EBITDA | (83.46 M) | ||||
| Net Income | (135.47 M) | ||||
| Cash And Equivalents | 372.48 M | ||||
| Cash Per Share | 5.39 X | ||||
| Total Debt | 68 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 6.15 X | ||||
| Book Value Per Share | (3.22) X | ||||
| Cash Flow From Operations | (37.05 M) | ||||
| Earnings Per Share | (0.42) X | ||||
| Market Capitalization | 1.99 B | ||||
| Total Asset | 806.61 M | ||||
| Retained Earnings | (248.55 M) | ||||
| Working Capital | 178.06 M | ||||
About Evgo Performance
By examining Evgo's fundamental ratios, stakeholders can obtain critical insights into Evgo's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Evgo is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 27.01 | 18.62 | |
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | (0.21) | (0.22) | |
| Return On Assets | (0.05) | (0.06) | |
| Return On Equity | 0.26 | 0.28 |
Things to note about Evgo Inc performance evaluation
Checking the ongoing alerts about Evgo for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evgo Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Evgo Inc is way too risky over 90 days horizon | |
| Evgo Inc appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 160.95 M. Net Loss for the year was (135.47 M) with profit before overhead, payroll, taxes, and interest of 13.13 M. | |
| Evgo Inc currently holds about 372.48 M in cash with (37.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.39. | |
| Evgo Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from fool.com: Why EVgo Stock Surged Over 25 percent This Week and Could Rally Even Higher |
- Analyzing Evgo's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Evgo's stock is overvalued or undervalued compared to its peers.
- Examining Evgo's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Evgo's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Evgo's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Evgo's stock. These opinions can provide insight into Evgo's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Automotive Retail 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 Evgo. If investors know Evgo 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 Evgo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.90) | Earnings Share (0.42) | Revenue Per Share 2.282 | Quarterly Revenue Growth 0.924 | Return On Assets (0.1) |
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo'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 Evgo's market value can be influenced by many factors that don't directly affect Evgo'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 Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo'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.