Envestnet Stock Market Value
| ENV Stock | USD 63.09 0.01 0.02% |
| Symbol | Envestnet |
Envestnet Price To Book Ratio
Is Application Software 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 Envestnet. If investors know Envestnet 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 Envestnet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6 | Earnings Share (4.78) | Revenue Per Share 24.307 | Quarterly Revenue Growth 0.092 | Return On Assets 0.0263 |
The market value of Envestnet is measured differently than its book value, which is the value of Envestnet that is recorded on the company's balance sheet. Investors also form their own opinion of Envestnet's value that differs from its market value or its book value, called intrinsic value, which is Envestnet'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 Envestnet's market value can be influenced by many factors that don't directly affect Envestnet'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 Envestnet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Envestnet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envestnet'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.
Envestnet '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 Envestnet'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 Envestnet.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Envestnet on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Envestnet or generate 0.0% return on investment in Envestnet over 30 days. Envestnet is related to or competes with CommVault Systems, Manhattan Associates, Agilysys, Aspen Technology, Clearwater Analytics, Expensify, and Descartes Systems. Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States a... More
Envestnet 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 Envestnet'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 Envestnet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1424 | |||
| Information Ratio | (0.69) | |||
| Maximum Drawdown | 0.6847 | |||
| Value At Risk | (0.22) | |||
| Potential Upside | 0.2224 |
Envestnet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Envestnet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Envestnet's standard deviation. In reality, there are many statistical measures that can use Envestnet historical prices to predict the future Envestnet's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | 3.0E-4 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.61) | |||
| Treynor Ratio | 0.0726 |
Envestnet Backtested Returns
At this stage we consider Envestnet Stock to be very steady. Envestnet secures Sharpe Ratio (or Efficiency) of 0.0609, which denotes the company had a 0.0609% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Envestnet, which you can use to evaluate the volatility of the firm. Please confirm Envestnet's Mean Deviation of 0.0942, coefficient of variation of 1582.02, and Downside Deviation of 0.1424 to check if the risk estimate we provide is consistent with the expected return of 0.0071%. Envestnet has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0272, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Envestnet are expected to decrease at a much lower rate. During the bear market, Envestnet is likely to outperform the market. Envestnet right now shows a risk of 0.12%. Please confirm Envestnet potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Envestnet will be following its price patterns.
Auto-correlation | 0.79 |
Good predictability
Envestnet has good predictability. Overlapping area represents the amount of predictability between Envestnet time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 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 Envestnet price movement. The serial correlation of 0.79 indicates that around 79.0% of current Envestnet price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Envestnet lagged returns against current returns
Autocorrelation, which is Envestnet 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 Envestnet's stock expected returns. We can calculate the autocorrelation of Envestnet returns to help us make a trade decision. For example, suppose you find that Envestnet 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 |
Envestnet 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 Envestnet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Envestnet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Envestnet stock over time.
Current vs Lagged Prices |
| Timeline |
Envestnet Lagged Returns
When evaluating Envestnet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Envestnet stock have on its future price. Envestnet 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, Envestnet autocorrelation shows the relationship between Envestnet stock current value and its past values and can show if there is a momentum factor associated with investing in Envestnet.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Envestnet Stock Analysis
When running Envestnet's price analysis, check to measure Envestnet'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 Envestnet is operating at the current time. Most of Envestnet's value examination focuses on studying past and present price action to predict the probability of Envestnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Envestnet's price. Additionally, you may evaluate how the addition of Envestnet to your portfolios can decrease your overall portfolio volatility.