Enfy Stock Market Value
| ENFY Stock | 1.75 0.15 7.89% |
| Symbol | ENFY |
Is Chemicals 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 ENFY. If investors know ENFY 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 ENFY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ENFY is measured differently than its book value, which is the value of ENFY that is recorded on the company's balance sheet. Investors also form their own opinion of ENFY's value that differs from its market value or its book value, called intrinsic value, which is ENFY's 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 ENFY's market value can be influenced by many factors that don't directly affect ENFY's 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 ENFY's value and its price as these two are different measures arrived at by different means. Investors typically determine if ENFY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ENFY's 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.
ENFY 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ENFY's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ENFY.
| 10/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in ENFY on October 3, 2024 and sell it all today you would earn a total of 0.00 from holding ENFY or generate 0.0% return on investment in ENFY over 60 days. ENFY is related to or competes with CF Industries, American Vanguard, FMC, ICL Israel, Intrepid Potash, and Mosaic. ENFY is entity of United States. It is traded as Stock on NYSE exchange. More
ENFY Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ENFY's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ENFY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.03 | |||
| Information Ratio | 0.0181 | |||
| Maximum Drawdown | 54.67 | |||
| Value At Risk | (10.10) | |||
| Potential Upside | 10.0 |
ENFY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ENFY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ENFY's standard deviation. In reality, there are many statistical measures that can use ENFY historical prices to predict the future ENFY's volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.1416 | |||
| Total Risk Alpha | (1.14) | |||
| Sortino Ratio | 0.0219 | |||
| Treynor Ratio | 0.2571 |
ENFY Backtested Returns
ENFY appears to be extremely dangerous, given 3 months investment horizon. ENFY secures Sharpe Ratio (or Efficiency) of 0.0405, which denotes the company had a 0.0405% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ENFY, which you can use to evaluate the volatility of the firm. Please utilize ENFY's mean deviation of 5.74, and Downside Deviation of 7.03 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ENFY holds a performance score of 3. The firm shows a Beta (market volatility) of 1.09, which means a somewhat significant risk relative to the market. ENFY returns are very sensitive to returns on the market. As the market goes up or down, ENFY is expected to follow. Please check ENFY's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether ENFY's price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
ENFY has very weak predictability. Overlapping area represents the amount of predictability between ENFY time series from 3rd of October 2024 to 2nd of November 2024 and 2nd of November 2024 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ENFY price movement. The serial correlation of 0.18 indicates that over 18.0% of current ENFY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ENFY lagged returns against current returns
Autocorrelation, which is ENFY stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ENFY's stock expected returns. We can calculate the autocorrelation of ENFY returns to help us make a trade decision. For example, suppose you find that ENFY has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ENFY regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ENFY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ENFY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ENFY stock over time.
Current vs Lagged Prices |
| Timeline |
ENFY Lagged Returns
When evaluating ENFY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ENFY stock have on its future price. ENFY autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ENFY autocorrelation shows the relationship between ENFY stock current value and its past values and can show if there is a momentum factor associated with investing in ENFY.
Regressed Prices |
| Timeline |
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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.Additional Tools for ENFY Stock Analysis
When running ENFY's price analysis, check to measure ENFY'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 ENFY is operating at the current time. Most of ENFY's value examination focuses on studying past and present price action to predict the probability of ENFY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ENFY's price. Additionally, you may evaluate how the addition of ENFY to your portfolios can decrease your overall portfolio volatility.