Evolve Automobile Innovation Etf Technical Analysis
| CARS Etf | CAD 27.31 0.61 2.28% |
As of the 14th of February 2026, Evolve Automobile shows the Standard Deviation of 1.78, variance of 3.18, and Mean Deviation of 1.31. Evolve Automobile technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
Evolve Automobile Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Evolve, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EvolveEvolve |
Evolve Automobile '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 Evolve Automobile's etf 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 Evolve Automobile.
| 11/16/2025 |
| 02/14/2026 |
If you would invest 0.00 in Evolve Automobile on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Evolve Automobile Innovation or generate 0.0% return on investment in Evolve Automobile over 90 days. Evolve Automobile is related to or competes with Desjardins, Global X, Global X, Harvest Global, Purpose Enhanced, RBC Quant, and CI WisdomTree. CARS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactiv... More
Evolve Automobile 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 Evolve Automobile's etf 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 Evolve Automobile Innovation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.48 |
Evolve Automobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Evolve Automobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Evolve Automobile's standard deviation. In reality, there are many statistical measures that can use Evolve Automobile historical prices to predict the future Evolve Automobile's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) |
Evolve Automobile February 14, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.31 | |||
| Coefficient Of Variation | (2,600) | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.18 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.48 | |||
| Skewness | 0.3241 | |||
| Kurtosis | 0.9549 |
Evolve Automobile Backtested Returns
As of now, Evolve Etf is very steady. Evolve Automobile secures Sharpe Ratio (or Efficiency) of 0.0516, which denotes the etf had a 0.0516 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Evolve Automobile Innovation, which you can use to evaluate the volatility of the entity. Please confirm Evolve Automobile's Standard Deviation of 1.78, variance of 3.18, and Mean Deviation of 1.31 to check if the risk estimate we provide is consistent with the expected return of 0.0872%. The etf shows a Beta (market volatility) of 0.76, which means possible diversification benefits within a given portfolio. As returns on the market increase, Evolve Automobile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Evolve Automobile is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Evolve Automobile Innovation has average predictability. Overlapping area represents the amount of predictability between Evolve Automobile time series from 16th of November 2025 to 31st of December 2025 and 31st of December 2025 to 14th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Evolve Automobile price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Evolve Automobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Evolve Automobile technical etf 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, etf market cycles, or different charting patterns.
Evolve Automobile Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Normalized Average True Range is used to analyze tradable apportunities for Evolve Automobile across different markets.
About Evolve Automobile Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Evolve Automobile Innovation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Evolve Automobile Innovation based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Evolve Automobile price pattern first instead of the macroeconomic environment surrounding Evolve Automobile. By analyzing Evolve Automobile's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Evolve Automobile's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Evolve Automobile specific price patterns or momentum indicators. Please read more on our technical analysis page.
Evolve Automobile February 14, 2026 Technical Indicators
Most technical analysis of Evolve help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Evolve from various momentum indicators to cycle indicators. When you analyze Evolve charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.31 | |||
| Coefficient Of Variation | (2,600) | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.18 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 9.11 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 2.48 | |||
| Skewness | 0.3241 | |||
| Kurtosis | 0.9549 |
Evolve Automobile February 14, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Evolve stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 27.31 | ||
| Day Typical Price | 27.31 | ||
| Price Action Indicator | 0.30 |
Other Information on Investing in Evolve Etf
Evolve Automobile financial ratios help investors to determine whether Evolve Etf 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 Evolve with respect to the benefits of owning Evolve Automobile security.