Everquote Stock Market Value

EVER
 Stock
  

USD 6.75  0.07  1.03%   

Everquote Inc's market value is the price at which a share of Everquote Inc stock trades on a public exchange. It measures the collective expectations of Everquote Inc Cl investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Everquote Inc Cl and determine expected loss or profit from investing in Everquote Inc over a given investment horizon. Continue to Everquote Inc Correlation, Everquote Inc Volatility and Everquote Inc Alpha and Beta module to complement your research on Everquote Inc.
Symbol


Is Everquote Inc'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 Inc. 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 Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Everquote Inc 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 Inc's value that differs from its market value or its book value, called intrinsic value, which is Everquote Inc'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 Inc's market value can be influenced by many factors that don't directly affect Everquote Inc'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 Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Everquote Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everquote Inc'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.

Everquote Inc '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 Everquote Inc'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 Everquote Inc.
0.00
09/04/2022
No Change 0.00  0.0 
In 30 days
10/04/2022
0.00
If you would invest  0.00  in Everquote Inc on September 4, 2022 and sell it all today you would earn a total of 0.00 from holding Everquote Inc Cl or generate 0.0% return on investment in Everquote Inc over 30 days. Everquote Inc is related to or competes with Tencent Holdings. EverQuote, Inc. operates an online marketplace for insurance shopping in the United States More

Everquote Inc 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 Everquote Inc'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 Everquote Inc Cl upside and downside potential and time the market with a certain degree of confidence.

Everquote Inc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Everquote Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Everquote Inc's standard deviation. In reality, there are many statistical measures that can use Everquote Inc historical prices to predict the future Everquote Inc's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Everquote Inc'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. Please use the tools below to analyze the current value of Everquote Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.256.4810.71
Details
Intrinsic
Valuation
LowReal ValueHigh
6.5110.7414.97
Details
Naive
Forecast
LowNext ValueHigh
2.386.6110.84
Details
7 Analysts
Consensus
LowTarget PriceHigh
13.0022.6745.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Everquote Inc. Your research has to be compared to or analyzed against Everquote Inc's peers to derive any actionable benefits. When done correctly, Everquote Inc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Everquote Inc.

Everquote Inc Backtested Returns

Everquote Inc secures Sharpe Ratio (or Efficiency) of -0.0794, which denotes the company had -0.0794% of return per unit of risk over the last 3 months. Macroaxis standpoint towards predicting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Everquote Inc Cl exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Everquote Inc mean deviation of 3.2, and Coefficient Of Variation of (1,292) to check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.3836, which means a somewhat significant risk relative to the market. Let's try to break down what Everquote's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Everquote Inc will likely underperform. Even though it is essential to pay attention to Everquote Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Everquote Inc Cl exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Everquote Inc has an expected return of -0.34%. Please be advised to confirm Everquote Inc value at risk, and the relationship between the jensen alpha and skewness to decide if Everquote Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.50  

Modest predictability

Everquote Inc Cl has modest predictability. Overlapping area represents the amount of predictability between Everquote Inc time series from 4th of September 2022 to 19th of September 2022 and 19th of September 2022 to 4th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Everquote Inc price movement. The serial correlation of 0.5 indicates that about 50.0% of current Everquote Inc price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.64
Residual Average0.0
Price Variance0.26

Everquote Inc lagged returns against current returns

Autocorrelation, which is Everquote Inc 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 Everquote Inc's stock expected returns. We can calculate the autocorrelation of Everquote Inc returns to help us make a trade decision. For example, suppose you find that Everquote Inc stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Everquote Inc 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 Everquote Inc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Everquote Inc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Everquote Inc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Everquote Inc Lagged Returns

When evaluating Everquote Inc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Everquote Inc stock have on its future price. Everquote Inc 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, Everquote Inc autocorrelation shows the relationship between Everquote Inc stock current value and its past values and can show if there is a momentum factor associated with investing in Everquote Inc Cl.
   Regressed Prices   
Share
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Everquote Inc in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Everquote Inc's short interest history, or implied volatility extrapolated from Everquote Inc options trading.

Pair Trading with Everquote Inc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Everquote Inc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Everquote Inc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Everquote Inc

+0.71GOOGAlphabet Cl C TrendingPairCorr
The ability to find closely correlated positions to Everquote Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Everquote Inc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Everquote Inc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Everquote Inc Cl to buy it.
The correlation of Everquote Inc is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Everquote Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Everquote Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Everquote Inc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Everquote Inc Correlation, Everquote Inc Volatility and Everquote Inc Alpha and Beta module to complement your research on Everquote Inc. Note that the Everquote Inc information on this page should be used as a complementary analysis to other Everquote Inc'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Everquote Stock analysis

When running Everquote Inc price analysis, check to measure Everquote Inc'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 Inc is operating at the current time. Most of Everquote Inc's value examination focuses on studying past and present price action to predict the probability of Everquote Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Everquote Inc's price. Additionally, you may evaluate how the addition of Everquote Inc to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Everquote Inc 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 Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Everquote Inc 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...