Envela Corp Stock Price on September 30, 2023
| ELA Stock | USD 4.47 0.15 3.25% |
Below is the normalized historical share price chart for Envela Corp extending back to February 05, 1986. 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 Envela Corp stands at 4.47, as last reported on the 5th of May, with the highest price reaching 4.62 and the lowest price hitting 4.43 during the day.
If you're considering investing in Envela Stock, it is important to understand the factors that can impact its price. We consider Envela Corp somewhat reliable. Envela Corp secures Sharpe Ratio (or Efficiency) of 0.0266, which denotes the company had a 0.0266% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Envela Corp, which you can use to evaluate the volatility of the firm. Please confirm Envela Corp's Mean Deviation of 1.86, downside deviation of 2.33, and Coefficient Of Variation of 3444.76 to check if the risk estimate we provide is consistent with the expected return of 0.0625%.
At present, Envela Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 28.2 M, whereas Other Stockholder Equity is forecasted to decline to about 20.8 M. . At present, Envela Corp's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 23.43, whereas Price Earnings Ratio is forecasted to decline to 12.00. Envela Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of March 1992 | 200 Day MA 4.7235 | 50 Day MA 4.424 | Beta 0.091 |
Envela |
Sharpe Ratio = 0.0266
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Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Envela Corp is performing at about 2% 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 Envela Corp by adding it to a well-diversified portfolio.
Price Book 2.3891 | Enterprise Value Ebitda 10.7741 | Price Sales 0.6723 | Shares Float 6.9 M | Wall Street Target Price 7 |
Envela Corp Valuation on September 30, 2023
It is possible to determine the worth of Envela Corp on a given historical date. On September 30, 2023 Envela was worth 4.85 at the beginning of the trading date compared to the closed value of 4.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Envela Corp stock. Still, in general, we apply an absolute valuation method to find Envela 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 Envela Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Envela Corp's related companies.
| Open | High | Low | Close | Volume | |
| 4.97 | 5.02 | 4.85 | 4.88 | 10,998 | |
09/29/2023 | 4.85 | 4.96 | 4.70 | 4.74 | 14,779 |
| 4.76 | 4.76 | 4.62 | 4.66 | 26,659 |
| Backtest Envela Corp | | | Envela Corp History | | | Envela Corp Valuation | Previous | Next |
Envela Corp Trading Date Momentum on September 30, 2023
| On October 02 2023 Envela Corp was traded for 4.66 at the closing time. Highest Envela Corp's price during the trading hours was 4.76 and the lowest price during the day was 4.62 . The net volume was 26.7 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.69% . The overall trading delta to current price is 8.86% . |
Envela Corp Fundamentals Correlations and Trends
By evaluating Envela 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 Envela Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Envela financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Envela Corp Stock history
Envela 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 Envela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Envela 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 Envela Corp stock prices may prove useful in developing a viable investing in Envela Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 26.8 M | 28.2 M | |
| Net Income Applicable To Common Shares | 18 M | 18.9 M |
Envela Corp Quarterly Net Working Capital |
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Envela Corp Stock Technical Analysis
Envela 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
Envela Corp Period Price Range
Low | September 29, 2023
| High |
4.85 | 4.74 |
Envela Corp May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Envela 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 Envela Corp shares will generate the highest return on investment. By undertsting and applying Envela Corp stock market strength indicators, traders can identify Envela Corp entry and exit signals to maximize returns
| Accumulation Distribution | 774.71 | |||
| Daily Balance Of Power | (0.42) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 4.83 | |||
| Day Typical Price | 4.8 | |||
| Price Action Indicator | (0.14) | |||
| Period Momentum Indicator | (0.27) |
Envela Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Envela Corp's price direction in advance. Along with the technical and fundamental analysis of Envela Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Envela 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 | 0.0257 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0302 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Envela Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Envela Stock refer to our How to Trade Envela Stock guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Envela Stock analysis
When running Envela Corp's price analysis, check to measure Envela 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 Envela Corp is operating at the current time. Most of Envela Corp's value examination focuses on studying past and present price action to predict the probability of Envela 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 Envela Corp's price. Additionally, you may evaluate how the addition of Envela Corp to your portfolios can decrease your overall portfolio volatility.
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Is Envela Corp's industry 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 Envela Corp. If investors know Envela 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 Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Earnings Share 0.27 | Revenue Per Share 6.4 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0756 |
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp'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 Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp'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 Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envela Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.