Envizion Medical (Israel) Today
Envizion Medical is trading at 60.80 as of the 4th of May 2024, a No Change since the beginning of the trading day. The stock's open price was 60.8. Equity ratings for Envizion Medical are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of March 2024 and ending today, the 4th of May 2024. Click here to learn more.
Valuation
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Envizion Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Envizion Medical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Envizion Medical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CoFounder, CEO | Doron MD |
| Thematic Idea | Drugs (View all Themes) |
| Business Concentration | Drugs, Medical Devices, Healthcare (View all Sectors) |
Envizion Medical (ENVM) is traded on Tel Aviv Stock Exchange in Israel and employs 18 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 51.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Envizion Medical's market, we take the total number of its shares issued and multiply it by Envizion Medical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Envizion Medical operates under Healthcare sector and is part of Medical Devices industry. The entity has 2.57 M outstanding shares.
Check Envizion Medical Probability Of Bankruptcy
Envizion Stock Price Odds Analysis
What are Envizion Medical's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Envizion Medical jumping above the current price in 90 days from now is about 71.53%. The Envizion Medical probability density function shows the probability of Envizion Medical stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Envizion Medical has a beta of -0.8073 suggesting as returns on the benchmark increase, returns on holding Envizion Medical are expected to decrease at a much lower rate. During a bear market, however, Envizion Medical is likely to outperform the market. Additionally, envizion Medical has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Envizion Medical to move above the current price in 90 days from now is about 71.53 (This Envizion Medical probability density function shows the probability of Envizion Stock to fall within a particular range of prices over 90 days) .
Envizion Medical Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Envizion Medical market risk premium is the additional return an investor will receive from holding Envizion Medical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Envizion Medical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Envizion Medical's alpha and beta are two of the key measurements used to evaluate Envizion Medical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.06 | |||
| Standard Deviation | 8.7 | |||
| Variance | 75.6 | |||
| Risk Adjusted Performance | (0.14) |
Envizion Stock Against Markets
Picking the right benchmark for Envizion Medical stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Envizion Medical stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Envizion Medical is critical whether you are bullish or bearish towards Envizion Medical at a given time. Please also check how Envizion Medical's historical prices are related to one of the top price index indicators.
Envizion Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Envizion Medical stock to make a market-neutral strategy. Peer analysis of Envizion Medical could also be used in its relative valuation, which is a method of valuing Envizion Medical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy Envizion Stock?
Before investing in Envizion Medical, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Envizion Medical. To buy Envizion Medical stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Envizion Medical. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Envizion Medical stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Envizion Medical stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Envizion Medical stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Envizion Medical, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Envizion Medical?
The danger of trading Envizion Medical is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Envizion Medical is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Envizion Medical. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Envizion Medical is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Envizion Stock analysis
When running Envizion Medical's price analysis, check to measure Envizion Medical'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 Envizion Medical is operating at the current time. Most of Envizion Medical's value examination focuses on studying past and present price action to predict the probability of Envizion Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envizion Medical's price. Additionally, you may evaluate how the addition of Envizion Medical to your portfolios can decrease your overall portfolio volatility.
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