Enovis Corp Stock Price on August 29, 2024

ENOV Stock  USD 46.78  0.61  1.32%   
Below is the normalized historical share price chart for Enovis Corp extending back to May 08, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Enovis Corp stands at 46.78, as last reported on the 22nd of November, with the highest price reaching 46.78 and the lowest price hitting 44.80 during the day.
IPO Date
8th of May 2008
200 Day MA
49.3755
50 Day MA
42.569
Beta
1.997
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Enovis Stock, it is important to understand the factors that can impact its price. At this stage we consider Enovis Stock to be very steady. Enovis Corp secures Sharpe Ratio (or Efficiency) of 0.0179, which denotes the company had a 0.0179% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enovis Corp, which you can use to evaluate the volatility of the firm. Please confirm Enovis Corp's Coefficient Of Variation of 2647.24, mean deviation of 1.67, and Downside Deviation of 1.81 to check if the risk estimate we provide is consistent with the expected return of 0.0382%.
  
At this time, Enovis Corp's Liabilities And Stockholders Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 87.1 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 33.3 M in 2024. . At this time, Enovis Corp's Price To Sales Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 23.76 in 2024, whereas Price Book Value Ratio is likely to drop 0.85 in 2024. Enovis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0179

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Negative ReturnsENOV

Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Enovis Corp is performing at about 1% of its full potential. 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 Enovis Corp by adding it to a well-diversified portfolio.
Price Book
0.7746
Enterprise Value Ebitda
22.2724
Price Sales
1.2888
Shares Float
53.5 M
Wall Street Target Price
66.3

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Enovis Corp Valuation on August 29, 2024

It is possible to determine the worth of Enovis Corp on a given historical date. On August 29, 2024 Enovis was worth 45.75 at the beginning of the trading date compared to the closed value of 45.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enovis Corp stock. Still, in general, we apply an absolute valuation method to find Enovis Corp'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 Enovis Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enovis Corp's related companies.
 Open High Low Close Volume
  45.16    46.02    44.92    45.32    370,090  
08/29/2024
  45.75    46.54    45.29    45.99    295,098  
  46.32    47.00    45.92    46.60    386,787  
Backtest Enovis Corp  |  Enovis Corp History  |  Enovis Corp Valuation   PreviousNext  
Open Value
45.75
45.99
Closing Value
52.17
Upside

Enovis Corp Trading Date Momentum on August 29, 2024

On August 30 2024 Enovis Corp was traded for  46.60  at the closing time. The top price for the day was 47.00  and the lowest listed price was  45.92 . The trading volume for the day was 386.8 K. The trading history from August 30, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 1.33% . The overall trading delta against the current closing price is 6.09% .

Enovis Corp Fundamentals Correlations and Trends

By evaluating Enovis Corp'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 Enovis Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enovis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Enovis Corp Stock history

Enovis Corp 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 Enovis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enovis Corp 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 Enovis Corp stock prices may prove useful in developing a viable investing in Enovis Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding54.5 M33.3 M
Net Loss-15.3 M-16.1 M

Enovis Corp Quarterly Net Working Capital

672.84 Million

Enovis Corp Stock Technical Analysis

Enovis Corp 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 Enovis Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enovis Corp 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

Enovis Corp Period Price Range

Low
November 22, 2024
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High

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Enovis Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Enovis Corp November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Enovis Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enovis Corp shares will generate the highest return on investment. By undertsting and applying Enovis Corp stock market strength indicators, traders can identify Enovis Corp entry and exit signals to maximize returns

Enovis Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Enovis Corp's price direction in advance. Along with the technical and fundamental analysis of Enovis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enovis 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.

Additional Tools for Enovis Stock Analysis

When running Enovis Corp's price analysis, check to measure Enovis Corp'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 Enovis Corp is operating at the current time. Most of Enovis Corp's value examination focuses on studying past and present price action to predict the probability of Enovis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovis Corp's price. Additionally, you may evaluate how the addition of Enovis Corp to your portfolios can decrease your overall portfolio volatility.