Enveric Graham Number from 2010 to 2024

ENVB Stock  USD 0.34  0.01  2.86%   
Enveric Biosciences' Graham Number is decreasing over the years with very volatile fluctuation. Graham Number is expected to dwindle to 0.38. From 2010 to 2024 Enveric Biosciences Graham Number quarterly data regression line had arithmetic mean of  3,532 and r-squared of  0. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
0.40407959
Current Value
0.38
Quarterly Volatility
6.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Enveric Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enveric Biosciences' main balance sheet or income statement drivers, such as Depreciation And Amortization of 327, Interest Expense of 3.5 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 475.8 K or PTB Ratio of 1.36. Enveric financial statements analysis is a perfect complement when working with Enveric Biosciences Valuation or Volatility modules.
  
Check out the analysis of Enveric Biosciences Correlation against competitors.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.

Latest Enveric Biosciences' Graham Number Growth Pattern

Below is the plot of the Graham Number of Enveric Biosciences over the last few years. It is Enveric Biosciences' Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enveric Biosciences' overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Very volatile
   Graham Number   
       Timeline  

Enveric Graham Number Regression Statistics

Arithmetic Mean3,532
Geometric Mean187.93
Coefficient Of Variation180.38
Mean Deviation4,710
Median192.53
Standard Deviation6,371
Sample Variance40.6M
Range21K
R-Value(0.07)
Mean Square Error43.5M
R-Squared0
Significance0.80
Slope(100.11)
Total Sum of Squares568.3M

Enveric Graham Number History

2024 0.38
2023 0.4
2022 54.0
2021 331.93
2020 192.53
2019 1384.38
201813.4 K

About Enveric Biosciences Financial Statements

Enveric Biosciences stakeholders use historical fundamental indicators, such as Enveric Biosciences' Graham Number, to determine how well the company is positioned to perform in the future. Although Enveric Biosciences investors may analyze each financial statement separately, they are all interrelated. For example, changes in Enveric Biosciences' assets and liabilities are reflected in the revenues and expenses on Enveric Biosciences' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Enveric Biosciences. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Graham Number 0.40  0.38 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Enveric Biosciences offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enveric Biosciences' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enveric Biosciences Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enveric Biosciences Stock:
Check out the analysis of Enveric Biosciences Correlation against competitors.
For information on how to trade Enveric Stock refer to our How to Trade Enveric Stock guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Biotechnology 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 Enveric Biosciences. If investors know Enveric 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 Enveric Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.42)
Revenue Per Share
37.678
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.81)
Return On Equity
(2.06)
The market value of Enveric Biosciences is measured differently than its book value, which is the value of Enveric that is recorded on the company's balance sheet. Investors also form their own opinion of Enveric Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Enveric Biosciences' 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 Enveric Biosciences' market value can be influenced by many factors that don't directly affect Enveric Biosciences' 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 Enveric Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enveric Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enveric Biosciences' 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.