Enovis Corp Stock Performance
| ENOV Stock | USD 48.45 0.71 1.49% |
Enovis Corp has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.78, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enovis Corp will likely underperform. Enovis Corp right now shows a risk of 2.2%. Please confirm Enovis Corp maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Enovis Corp will be following its price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Enovis Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Enovis Corp is not utilizing all of its potentials. The recent stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Actual Historical Performance (%)
One Day Return 1.49 | Five Day Return 4.78 | Year To Date Return (12.61) | Ten Year Return (45.37) | All Time Return 34.05 |
Last Split Factor 581:1000 | Last Split Date 2022-04-05 |
1 | Disposition of 1616 shares by Brady Shirley of Enovis Corp at 59.81 subject to Rule 16b-3 | 09/06/2024 |
2 | Enovis Appoints Tim Czartoski as President, U.S. Surgical and Global Product and Enabling Technologies | 09/09/2024 |
3 | Sacramento-area flag football Ponderosa and McClatchy top the rankings, both unbeaten | 10/09/2024 |
4 | Strong week for Enovis shareholders doesnt alleviate pain of three-year loss | 10/31/2024 |
5 | River Road Asset Management LLC Invests 51.34 Million in Enovis Co. | 11/05/2024 |
6 | Enovis Announces Third Quarter 2024 Results | 11/06/2024 |
7 | Enovis Gains Strong Analyst Attention | 11/07/2024 |
8 | Enovis Third Quarter 2024 Earnings EPS Misses Expectations | 11/08/2024 |
9 | Bit.Store Partners with Conflux Network to Launch a New Era of Diverse Spending for CFX with CryptoCard | 11/19/2024 |
10 | King Luther Capital Management Corp Sells 29,471 Shares of Enovis Co. - MarketBeat | 11/22/2024 |
| Begin Period Cash Flow | 24.3 M |
Enovis |
Enovis Corp Relative Risk vs. Return Landscape
If you would invest 4,660 in Enovis Corp on August 30, 2024 and sell it today you would earn a total of 185.00 from holding Enovis Corp or generate 3.97% return on investment over 90 days. Enovis Corp is currently generating 0.0853% in daily expected returns and assumes 2.1991% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of stocks are less volatile than Enovis, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Enovis Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enovis Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enovis Corp, and traders can use it to determine the average amount a Enovis Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0388
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| Cash | Small Risk | ENOV | High Risk | Huge Risk |
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Estimated Market Risk
| 2.2 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Enovis Corp is performing at about 3% 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 Enovis Corp by adding it to a well-diversified portfolio.
Enovis Corp Fundamentals Growth
Enovis Stock prices reflect investors' perceptions of the future prospects and financial health of Enovis Corp, and Enovis Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enovis Stock performance.
| Return On Equity | -0.0356 | ||||
| Return On Asset | 0.0037 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 4.09 B | ||||
| Shares Outstanding | 55.88 M | ||||
| Price To Earning | 9.48 X | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 1.35 X | ||||
| Revenue | 1.71 B | ||||
| Gross Profit | 883.88 M | ||||
| EBITDA | 169.92 M | ||||
| Net Income | (32.73 M) | ||||
| Cash And Equivalents | 358.68 M | ||||
| Cash Per Share | 6.63 X | ||||
| Total Debt | 536.42 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 59.61 X | ||||
| Cash Flow From Operations | 134.99 M | ||||
| Earnings Per Share | (2.21) X | ||||
| Market Capitalization | 2.71 B | ||||
| Total Asset | 4.51 B | ||||
| Retained Earnings | 542.47 M | ||||
| Working Capital | 526.91 M | ||||
About Enovis Corp Performance
Evaluating Enovis Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Enovis Corp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Enovis Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 238.86 | 250.80 | |
| Return On Tangible Assets | (0.03) | (0.02) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Enovis Corp performance evaluation
Checking the ongoing alerts about Enovis Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enovis Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 1.71 B. Net Loss for the year was (32.73 M) with profit before overhead, payroll, taxes, and interest of 883.88 M. | |
| Over 99.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: King Luther Capital Management Corp Sells 29,471 Shares of Enovis Co. - MarketBeat |
- Analyzing Enovis Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enovis Corp's stock is overvalued or undervalued compared to its peers.
- Examining Enovis Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enovis Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enovis Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enovis Corp's stock. These opinions can provide insight into Enovis Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Enovis Stock Analysis
When running Enovis Corp's price analysis, check to measure Enovis 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 Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis 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 Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.