Enphase Energy (Germany) Price on May 9, 2024
E0P Stock | EUR 68.42 1.23 1.83% |
If you're considering investing in Enphase Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enphase Energy stands at 68.42, as last reported on the 29th of November, with the highest price reaching 68.42 and the lowest price hitting 68.31 during the day. Enphase Energy secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. Enphase Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enphase Energy's Mean Deviation of 2.8, variance of 18.63, and Standard Deviation of 4.32 to check the risk estimate we provide.
Enphase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enphase |
Sharpe Ratio = -0.1429
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Estimated Market Risk
4.38 actual daily | 39 61% of assets are more volatile |
Expected Return
-0.63 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enphase Energy 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 Enphase Energy by adding Enphase Energy to a well-diversified portfolio.
Enphase Energy Valuation on May 9, 2024
It is possible to determine the worth of Enphase Energy on a given historical date. On May 9, 2024 Enphase was worth 102.82 at the beginning of the trading date compared to the closed value of 102.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enphase Energy stock. Still, in general, we apply an absolute valuation method to find Enphase Energy'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 Enphase Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enphase Energy's related companies.
Open | High | Low | Close | Volume | |
106.46 | 107.02 | 105.22 | 105.22 | 22.00 | |
05/09/2024 | 102.82 | 102.82 | 102.50 | 102.50 | 22.00 |
103.02 | 103.98 | 100.46 | 100.46 | 64.00 |
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Enphase Energy Trading Date Momentum on May 9, 2024
On May 10 2024 Enphase Energy was traded for 100.46 at the closing time. The highest daily price throughout the period was 103.98 and the lowest price was 100.46 . The daily volume was 64.0. The net trading volume on 05/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.99% . The overall trading delta to current closing price is 2.22% . |
Enphase Energy Fundamentals Correlations and Trends
By evaluating Enphase Energy'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 Enphase Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enphase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enphase Energy Stock history
Enphase Energy 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 Enphase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enphase Energy 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 Enphase Energy stock prices may prove useful in developing a viable investing in Enphase Energy
Enphase Energy, Inc., together with its subsidiaries, designs, develops, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. Enphase Energy, Inc. was founded in 2006 and is headquartered in Fremont, California. ENPHASE ENERGY operates under Semiconductor Equipment Materials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 427 people.
Enphase Energy Stock Technical Analysis
Enphase Energy 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
Enphase Energy Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Enphase Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Enphase Energy November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Enphase Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enphase Energy shares will generate the highest return on investment. By undertsting and applying Enphase Energy stock market strength indicators, traders can identify Enphase Energy entry and exit signals to maximize returns
Enphase Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enphase Energy's price direction in advance. Along with the technical and fundamental analysis of Enphase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enphase 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 | (0.10) | |||
Jensen Alpha | (0.57) | |||
Total Risk Alpha | (1.29) | |||
Treynor Ratio | 1.02 |
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Complementary Tools for Enphase Stock analysis
When running Enphase Energy's price analysis, check to measure Enphase Energy'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 Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
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