Enphase Energy (Germany) Price on August 21, 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-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enphase Energy's Standard Deviation of 4.32, mean deviation of 2.8, and Variance of 18.63 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.

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 August 21, 2024

It is possible to determine the worth of Enphase Energy on a given historical date. On August 21, 2024 Enphase was worth 105.14 at the beginning of the trading date compared to the closed value of 106.82. 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
  107.64    107.76    107.64    107.76    180.00  
08/21/2024
  105.14    106.92    105.14    106.82    120.00  
  106.60    106.60    104.54    104.54    11.00  
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Open Value
105.14
106.82
Closing Value
118.29
Upside

Enphase Energy Trading Date Momentum on August 21, 2024

On August 22 2024 Enphase Energy was traded for  104.54  at the closing time. The highest daily price throughout the period was 106.60  and the lowest price was  104.54 . The daily volume was 11.0. The net trading volume on 08/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.13% . The overall trading delta to current closing price is 2.04% .

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.
A focus of Enphase Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enphase Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Enphase Energy Period Price Range

Low
November 29, 2024
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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.

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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