Evonik Industries Ag Stock Analysis

Evonik Pink Sheet Analysis Notes

About 56.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Evonik Industries last dividend was issued on the 27th of May 2022. Evonik Industries AG engages in the specialty chemicals business. The company was founded in 1873 and is headquartered in Essen, Germany. Evonik Industries operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 33235 people.The quote for Evonik Industries AG is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Evonik Industries AG call the company at 49 201 177 3315 or check out https://corporate.evonik.com/en/.

Evonik Industries Investment Alerts

Evonik Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 10.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Evonik Industries's market, we take the total number of its shares issued and multiply it by Evonik Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Evonik Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Technical Drivers

As of the 26th of November, Evonik Industries shows the Standard Deviation of 2.96, variance of 8.78, and Mean Deviation of 1.0. Evonik Industries 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. Please confirm Evonik Industries variance and value at risk to decide if Evonik Industries is priced favorably, providing market reflects its regular price of 17.9 per share. Given that Evonik Industries has total risk alpha of (0.53), we urge you to verify Evonik Industries AG's prevailing market performance to make sure the company can sustain itself at a future point.

Evonik Industries Price Movement Analysis

Evonik Industries Predictive Daily Indicators

Evonik Industries Forecast Models

Evonik Industries' time-series forecasting models are one of many Evonik Industries' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Evonik Industries' 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 market movement and maximize returns from investment trading.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Evonik Industries prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Evonik shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Evonik Industries. By using and applying Evonik Pink Sheet analysis, traders can create a robust methodology for identifying Evonik entry and exit points for their positions.

When running Evonik Industries' price analysis, check to measure Evonik Industries' 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 Evonik Industries is operating at the current time. Most of Evonik Industries' value examination focuses on studying past and present price action to predict the probability of Evonik Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evonik Industries' price. Additionally, you may evaluate how the addition of Evonik Industries to your portfolios can decrease your overall portfolio volatility.