Envoy Medical Stock Price on September 13, 2024
COCHW Stock | 0.04 0 4.31% |
If you're considering investing in Envoy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Envoy Medical stands at 0.04, as last reported on the 31st of January, with the highest price reaching 0.06 and the lowest price hitting 0.04 during the day. At this stage we consider Envoy Stock to be out of control. Envoy Medical secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Envoy Medical, which you can use to evaluate the volatility of the firm. Please confirm Envoy Medical's Mean Deviation of 15.25, downside deviation of 19.69, and Coefficient Of Variation of 1007680.19 to check if the risk estimate we provide is consistent with the expected return of 0.19%.
Envoy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Envoy |
Sharpe Ratio = 0.0087
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Estimated Market Risk
21.31 actual daily | 96 96% of assets are less volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Envoy Medical is not performing at its full potential. However, 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 Envoy Medical by adding Envoy Medical to a well-diversified portfolio.
Envoy Medical Valuation on September 13, 2024
It is possible to determine the worth of Envoy Medical on a given historical date. On September 13, 2024 Envoy was worth 0.066 at the beginning of the trading date compared to the closed value of 0.0598. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Envoy Medical stock. Still, in general, we apply an absolute valuation method to find Envoy Medical'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 Envoy Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Envoy Medical's related companies.
Open | High | Low | Close | Volume | |
0.07 | 0.07 | 0.06 | 0.06 | 5,804 | |
09/13/2024 | 0.07 | 0.07 | 0.05 | 0.06 | 28,864 |
0.05 | 0.05 | 0.05 | 0.05 | 2,095 |
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Envoy Medical Trading Date Momentum on September 13, 2024
On September 16 2024 Envoy Medical was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.05 . The daily volume was 2.1 K. The net trading volume on 09/16/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 13.88% . The overall trading delta to current closing price is 33.78% . |
Envoy Medical Fundamentals Correlations and Trends
By evaluating Envoy Medical'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 Envoy Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Envoy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Envoy Medical Stock history
Envoy Medical 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 Envoy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Envoy Medical 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 Envoy Medical stock prices may prove useful in developing a viable investing in Envoy Medical
Envoy Medical Stock Technical Analysis
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.
Price Boundaries
Envoy Medical Period Price Range
Low | January 31, 2025
| High |
0.00 | 0.00 |
Envoy Medical cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Envoy Medical January 31, 2025 Market Strength
Market strength indicators help investors to evaluate how Envoy Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Envoy Medical shares will generate the highest return on investment. By undertsting and applying Envoy Medical stock market strength indicators, traders can identify Envoy Medical entry and exit signals to maximize returns
Envoy Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Envoy Medical's price direction in advance. Along with the technical and fundamental analysis of Envoy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Envoy 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 | 0.0097 | |||
Jensen Alpha | (0.22) | |||
Total Risk Alpha | (2.28) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | (0) |
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Additional Tools for Envoy Stock Analysis
When running Envoy Medical's price analysis, check to measure Envoy 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 Envoy Medical is operating at the current time. Most of Envoy Medical's value examination focuses on studying past and present price action to predict the probability of Envoy 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 Envoy Medical's price. Additionally, you may evaluate how the addition of Envoy Medical to your portfolios can decrease your overall portfolio volatility.