Enovix Corp Stock Price on December 12, 2024
| ENVX Stock | USD 9.22 0.16 1.71% |
If you're considering investing in Enovix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enovix Corp stands at 9.22, as last reported on the 12th of December 2024, with the highest price reaching 9.22 and the lowest price hitting 9.22 during the day. At this stage we consider Enovix Stock to be somewhat reliable. Enovix Corp secures Sharpe Ratio (or Efficiency) of 0.0187, which denotes the company had a 0.0187% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Enovix Corp, which you can use to evaluate the volatility of the firm. Please confirm Enovix Corp's Coefficient Of Variation of 1636.21, downside deviation of 6.0, and Mean Deviation of 4.23 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Enovix Corp's Common Stock is fairly stable compared to the past year. Total Stockholder Equity is likely to rise to about 268.6 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 158.1 M in 2024. . At this time, Enovix Corp's Price To Sales Ratio is fairly stable compared to the past year. Price Sales Ratio is likely to rise to 7,876 in 2024, whereas Price Earnings Ratio is likely to drop (13.44) in 2024. Enovix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enovix |
Sharpe Ratio = 0.0187
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Estimated Market Risk
| 5.76 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Enovix Corp is performing at about 1% 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 Enovix Corp by adding it to a well-diversified portfolio.
Price Book 10.4993 | Enterprise Value Ebitda (4.92) | Price Sales 89.5731 | Shares Float 152.9 M | Wall Street Target Price 27.25 |
Enovix Corp Valuation on December 12, 2024
It is possible to determine the worth of Enovix Corp on a given historical date. On December 12, 2024 Enovix was worth 9.38 at the beginning of the trading date compared to the closed value of 9.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enovix Corp stock. Still, in general, we apply an absolute valuation method to find Enovix Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Enovix Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enovix Corp's related companies.
| Open | High | Low | Close | Volume | |
| 9.50 | 9.61 | 9.07 | 9.38 | 3,737,800 | |
12/12/2024 | 9.38 | 9.22 | 9.22 | 9.22 | 0.00 |
| Backtest Enovix Corp | | | Enovix Corp History | | | Enovix Corp Valuation | Previous |
Enovix Corp Trading Date Momentum on December 12, 2024
| On December 12 2024 Enovix Corp was traded for 9.22 at the closing time. The top price for the day was 9.22 and the lowest listed price was 9.22 . There was no trading activity during the period 0.0. Lack of trading volume on December 12, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.74% . |
Enovix Corp Fundamentals Correlations and Trends
By evaluating Enovix Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enovix Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enovix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enovix Corp Stock history
Enovix Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enovix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enovix Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enovix Corp stock prices may prove useful in developing a viable investing in Enovix Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 158.3 M | 158.1 M | |
| Net Loss | -46.5 M | -48.8 M |
Enovix Corp Stock Technical Analysis
Enovix Corp 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.
Price Boundaries
Enovix Corp Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Enovix Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Enovix Corp December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Enovix Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enovix Corp shares will generate the highest return on investment. By undertsting and applying Enovix Corp stock market strength indicators, traders can identify Enovix Corp entry and exit signals to maximize returns
Enovix Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enovix Corp's price direction in advance. Along with the technical and fundamental analysis of Enovix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enovix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0529 | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.0379 | |||
| Treynor Ratio | 0.1152 |
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Additional Tools for Enovix Stock Analysis
When running Enovix Corp's price analysis, check to measure Enovix Corp'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 Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.