Envveno Medical Corp Stock Price on September 26, 2024

NVNO Stock  USD 2.83  0.10  3.41%   
Below is the normalized historical share price chart for enVVeno Medical Corp extending back to May 31, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EnVVeno Medical stands at 2.83, as last reported on the 13th of December 2024, with the highest price reaching 2.83 and the lowest price hitting 2.83 during the day.
IPO Date
31st of May 2018
200 Day MA
4.7612
50 Day MA
3.2883
Beta
1.218
 
Covid
If you're considering investing in EnVVeno Stock, it is important to understand the factors that can impact its price. enVVeno Medical Corp secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the company had a -0.19% return per unit of volatility over the last 3 months. enVVeno Medical Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EnVVeno Medical's coefficient of variation of (568.00), and Risk Adjusted Performance of (0.12) to check the risk estimate we provide.
  
At this time, EnVVeno Medical's Total Stockholder Equity is very stable compared to the past year. As of the 13th of December 2024, Common Stock Shares Outstanding is likely to grow to about 12.9 M, while Common Stock is likely to drop 82.17. . At this time, EnVVeno Medical's Price To Sales Ratio is very stable compared to the past year. As of the 13th of December 2024, Price Book Value Ratio is likely to grow to 1.44, while Price Earnings Ratio is likely to drop (2.82). EnVVeno Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1947

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNVNO

Estimated Market Risk

 4.68
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.91
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average EnVVeno Medical is not performing at its full potential. However, 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 EnVVeno Medical by adding EnVVeno Medical to a well-diversified portfolio.
Price Book
1.0847
Book Value
2.701
Enterprise Value
4.1 M
Enterprise Value Ebitda
(0.87)
Shares Float
17.5 M

EnVVeno Medical Main Headline on 26th of September 2024

IRVINE, CA ACCESSWIRE September 26, 2024 enVVeno Medical Corporation , a company setting new standards of care for the treatment of venous disease, today announced that it is proposing to offer and sell, ...

EnVVeno Medical Valuation on September 26, 2024

It is possible to determine the worth of EnVVeno Medical on a given historical date. On September 26, 2024 EnVVeno was worth 4.54 at the beginning of the trading date compared to the closed value of 4.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EnVVeno Medical stock. Still, in general, we apply an absolute valuation method to find EnVVeno Medical'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 EnVVeno Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EnVVeno Medical's related companies.
 Open High Low Close Volume
  4.55    4.58    4.37    4.58    37,724  
09/26/2024
  4.54    4.63    4.40    4.50    136,789  
  3.69    3.69    3.24    3.24    2,360,921  
Backtest EnVVeno Medical  |  EnVVeno Medical History  |  EnVVeno Medical Valuation   PreviousNext  
Open Value
4.54
4.5
Closing Value
18.57
Upside

EnVVeno Medical Trading Date Momentum on September 26, 2024

On September 27 2024 enVVeno Medical Corp was traded for  3.24  at the closing time. The top price for the day was 3.69  and the lowest listed price was  3.24 . The trading volume for the day was 2.4 M. The trading history from September 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 28.00% . The trading date delta against the current closing price is 27.33% .

enVVeno Medical Corp Fundamentals Correlations and Trends

By evaluating EnVVeno Medical'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 EnVVeno Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EnVVeno financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About EnVVeno Medical Stock history

EnVVeno Medical 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 EnVVeno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in enVVeno Medical 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 EnVVeno Medical stock prices may prove useful in developing a viable investing in EnVVeno Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.3 M12.9 M
Net Loss-22.2 M-21.1 M

EnVVeno Medical Quarterly Net Working Capital

37.84 Million

EnVVeno Medical Stock Technical Analysis

EnVVeno Medical 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 EnVVeno Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EnVVeno Medical 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...

Price Boundaries

EnVVeno Medical Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

enVVeno Medical 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.

EnVVeno Medical December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how EnVVeno Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnVVeno Medical shares will generate the highest return on investment. By undertsting and applying EnVVeno Medical stock market strength indicators, traders can identify enVVeno Medical Corp entry and exit signals to maximize returns

EnVVeno Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for EnVVeno Medical's price direction in advance. Along with the technical and fundamental analysis of EnVVeno Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EnVVeno 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.
When determining whether enVVeno Medical Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnVVeno Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Envveno Medical Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Envveno Medical Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Health Care Equipment & Supplies space 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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.29)
Return On Assets
(0.37)
Return On Equity
(0.59)
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.