Australian Stocks signal
EVN

EVN

Evolution Mining Limited · Basic Materials

Australian StocksGoldASXAUD-26.6% from ATH
Current Price

$12.82

Drawdown from ATH

-26.6%

Last Updated

Jul 5, 2026

Dipsern Grade90d

D

Weak

Graded against EVN's own history at this drawdown — not the market's.

What it means: EVN's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days+17.74%
Jul 2Aug 12
About EVN

Evolution Mining Limited

Evolution Mining Limited engages in the exploration, mine development and operation, and sale of gold and gold-copper concentrates in Australia and Canada. It also explores for copper and silver deposits. The company was formerly known as Catalpa Resources Limited and changed its name to Evolution Mining Limited in November 2011. Evolution Mining Limited was incorporated in 1998 and is based in Sydney, Australia.

The reading

How Dipsern reads EVN right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is EVN doing right now?

In plain terms: EVN is 26.6% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Evolution Mining Ltd. (EVN) sits 26.6% off its peak and is currently in a deep drawdown, last printing at $12.82. Deep drawdowns shift the conversation from "is this a buy" to "what's broken". Sometimes it's macro. Sometimes it's the asset itself. Dipsern's data tells you which one history rewarded.

Historical base rate

What history says at this drawdown

Across all available history, EVN has spent enough trading days in the 30%-to-25% drawdown band to build a large sample (319 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for EVN

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to EVN's own volatility history. Deep drawdowns require a story for why this time isn't different. The Dipsern signal can tell you what historically happened next; it can't tell you whether the current setup matches the historical analog.

Comparable signals

Other Australian Stocks at similar drawdown levels

Five tickers closest to EVN's distance from all-time high. Same category, one tap away.

Fortescue Ltd.

-26.3% from ATH

Orica Ltd.

-26.3% from ATH

Santos Ltd.

-27.4% from ATH

Technology One Ltd.

-27.7% from ATH

Genesis Minerals Ltd.

-25.3% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for EVN. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-95% to -90%69
-90% to -85%194
-85% to -80%428
-80% to -75%426
-75% to -70%253
-70% to -65%275
-65% to -60%448
-60% to -55%584
-55% to -50%349
-50% to -45%297
-45% to -40%252
-40% to -35%288
Methodology

Every grade is reproducible.

We segment 40+ years of EVN's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock EVN's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for EVN.

Dipsern is research and a second opinion — not a broker. You'd buy EVN at your own broker.

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Signal computed Jul 5, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.