Envoy Medical Stock Market Value
| COCH Stock | 1.61 0.09 5.29% |
| Symbol | Envoy |
Envoy Medical Price To Book Ratio
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 Envoy Medical. If investors know Envoy 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 Envoy Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Envoy Medical is measured differently than its book value, which is the value of Envoy that is recorded on the company's balance sheet. Investors also form their own opinion of Envoy Medical's value that differs from its market value or its book value, called intrinsic value, which is Envoy 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 Envoy Medical's market value can be influenced by many factors that don't directly affect Envoy 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 Envoy Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envoy Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envoy 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.
Envoy Medical 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Envoy Medical's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Envoy Medical.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Envoy Medical on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Envoy Medical or generate 0.0% return on investment in Envoy Medical over 90 days. Envoy Medical is related to or competes with Cedar Realty, Enersys, Ambipar Emergency, RadNet, Ardelyx, Fidus Investment, and Apogee Therapeutics,. Envoy Medical is entity of United States More
Envoy Medical Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Envoy Medical's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Envoy Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.09 | |||
| Information Ratio | 0.0481 | |||
| Maximum Drawdown | 18.37 | |||
| Value At Risk | (5.73) | |||
| Potential Upside | 7.64 |
Envoy Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Envoy Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Envoy Medical's standard deviation. In reality, there are many statistical measures that can use Envoy Medical historical prices to predict the future Envoy Medical's volatility.| Risk Adjusted Performance | 0.085 | |||
| Jensen Alpha | 0.2346 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0479 | |||
| Treynor Ratio | 0.4654 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Envoy Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Envoy Medical Backtested Returns
Envoy Medical appears to be risky, given 3 months investment horizon. Envoy Medical secures Sharpe Ratio (or Efficiency) of 0.0997, which denotes the company had a 0.0997 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Envoy Medical, which you can use to evaluate the volatility of the firm. Please utilize Envoy Medical's Mean Deviation of 3.07, downside deviation of 4.09, and Coefficient Of Variation of 1208.43 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Envoy Medical holds a performance score of 7. The firm shows a Beta (market volatility) of 0.7, which means possible diversification benefits within a given portfolio. As returns on the market increase, Envoy Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Envoy Medical is expected to be smaller as well. Please check Envoy Medical's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Envoy Medical's price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Envoy Medical has poor predictability. Overlapping area represents the amount of predictability between Envoy Medical time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Envoy Medical price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Envoy Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Envoy Medical lagged returns against current returns
Autocorrelation, which is Envoy Medical stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Envoy Medical's stock expected returns. We can calculate the autocorrelation of Envoy Medical returns to help us make a trade decision. For example, suppose you find that Envoy Medical has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Envoy Medical regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Envoy Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Envoy Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Envoy Medical stock over time.
Current vs Lagged Prices |
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Envoy Medical Lagged Returns
When evaluating Envoy Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Envoy Medical stock have on its future price. Envoy Medical autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Envoy Medical autocorrelation shows the relationship between Envoy Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Envoy Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Envoy Medical is a strong investment it is important to analyze Envoy Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Envoy Medical's future performance. For an informed investment choice regarding Envoy Stock, refer to the following important reports:Check out Envoy Medical Correlation, Envoy Medical Volatility and Envoy Medical Alpha and Beta module to complement your research on Envoy Medical. For more detail on how to invest in Envoy Stock please use our How to Invest in Envoy Medical guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Envoy 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.