Enveric Biosciences Stock Technical Analysis
| ENVB Stock | USD 0.33 0.01 3.13% |
As of the 28th of November, Enveric Biosciences shows the Variance of 22.19, mean deviation of 3.25, and Standard Deviation of 4.71. Enveric Biosciences technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Enveric Biosciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Enveric, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnvericEnveric |
Enveric Biosciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.5 | Buy | 1 | Odds |
Most Enveric analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Enveric stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Enveric Biosciences, talking to its executives and customers, or listening to Enveric conference calls.
Enveric Biosciences 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.
Enveric Biosciences Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Enveric Biosciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enveric Biosciences Trend Analysis
Use this graph to draw trend lines for Enveric Biosciences. You can use it to identify possible trend reversals for Enveric Biosciences as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Enveric Biosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enveric Biosciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enveric Biosciences applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Enveric Biosciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted Enveric Biosciences price change compared to its average price change.About Enveric Biosciences 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 Enveric Biosciences 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 Enveric Biosciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Enveric Biosciences price pattern first instead of the macroeconomic environment surrounding Enveric Biosciences. By analyzing Enveric Biosciences'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 Enveric Biosciences'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 Enveric Biosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2018 | 2023 | 2024 (projected) | Dividend Yield | 503.5K | 453.2K | 475.8K | Price To Sales Ratio | 0.0965 | 0.34 | 0.33 |
Enveric Biosciences November 28, 2024 Technical Indicators
Most technical analysis of Enveric 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 Enveric from various momentum indicators to cycle indicators. When you analyze Enveric 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 | (0.09) | |||
| Market Risk Adjusted Performance | (3.82) | |||
| Mean Deviation | 3.25 | |||
| Coefficient Of Variation | (810.27) | |||
| Standard Deviation | 4.71 | |||
| Variance | 22.19 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.61) | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | (3.83) | |||
| Maximum Drawdown | 28.33 | |||
| Value At Risk | (7.50) | |||
| Potential Upside | 6.25 | |||
| Skewness | 1.62 | |||
| Kurtosis | 5.68 |
Complementary Tools for Enveric Stock analysis
When running Enveric Biosciences' price analysis, check to measure Enveric Biosciences' 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 Enveric Biosciences is operating at the current time. Most of Enveric Biosciences' value examination focuses on studying past and present price action to predict the probability of Enveric Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enveric Biosciences' price. Additionally, you may evaluate how the addition of Enveric Biosciences to your portfolios can decrease your overall portfolio volatility.
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