Enlight Renewable (Israel) Performance
| ENLT Stock | ILS 5,791 89.00 1.51% |
The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, Enlight Renewable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Enlight Renewable is expected to be smaller as well. At this point, Enlight Renewable Energy has a negative expected return of -0.0359%. Please make sure to confirm Enlight Renewable's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Enlight Renewable Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Enlight Renewable Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Enlight Renewable is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 319.3 M | |
| Total Cashflows From Investing Activities | -2.1 B |
Enlight |
Enlight Renewable Relative Risk vs. Return Landscape
If you would invest 598,200 in Enlight Renewable Energy on November 2, 2024 and sell it today you would lose (19,100) from holding Enlight Renewable Energy or give up 3.19% of portfolio value over 90 days. Enlight Renewable Energy is generating negative expected returns and assumes 2.3815% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than Enlight, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Enlight Renewable Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enlight Renewable's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enlight Renewable Energy, and traders can use it to determine the average amount a Enlight Renewable's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0151
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| Negative Returns | ENLT |
Estimated Market Risk
| 2.38 actual daily | 21 79% 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 | 0 Most of other assets perform better |
Based on monthly moving average Enlight Renewable 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 Enlight Renewable by adding Enlight Renewable to a well-diversified portfolio.
Enlight Renewable Fundamentals Growth
Enlight Stock prices reflect investors' perceptions of the future prospects and financial health of Enlight Renewable, and Enlight Renewable fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enlight Stock performance.
| Return On Equity | 0.0396 | |||
| Return On Asset | 0.0165 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 8.36 B | |||
| Shares Outstanding | 101.58 M | |||
| Price To Book | 2.84 X | |||
| Price To Sales | 13.73 X | |||
| Revenue | 330.88 M | |||
| EBITDA | 250.26 M | |||
| Cash And Equivalents | 251.92 M | |||
| Cash Per Share | 0.47 X | |||
| Total Debt | 5.08 B | |||
| Debt To Equity | 392.10 % | |||
| Book Value Per Share | 26.50 X | |||
| Cash Flow From Operations | 168.43 M | |||
| Earnings Per Share | 0.89 X | |||
| Total Asset | 8.82 B | |||
About Enlight Renewable Performance
By analyzing Enlight Renewable's fundamental ratios, stakeholders can gain valuable insights into Enlight Renewable's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Enlight Renewable has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Enlight Renewable has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Enlight Renewable Energy Ltd operates in the field of renewable energy. The company was founded in 2008 and is based in Rosh Haayin, Israel. ENLIGHT RENEWABLE operates under Utilities - Independent Power Producers classification in Israel and is traded on Tel Aviv Stock Exchange.Things to note about Enlight Renewable Energy performance evaluation
Checking the ongoing alerts about Enlight Renewable for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enlight Renewable Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enlight Renewable generated a negative expected return over the last 90 days | |
| Enlight Renewable has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 67.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Enlight Renewable's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enlight Renewable's stock is overvalued or undervalued compared to its peers.
- Examining Enlight Renewable's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Enlight Renewable's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enlight Renewable's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enlight Renewable's stock. These opinions can provide insight into Enlight Renewable's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Enlight Stock analysis
When running Enlight Renewable's price analysis, check to measure Enlight Renewable'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 Enlight Renewable is operating at the current time. Most of Enlight Renewable's value examination focuses on studying past and present price action to predict the probability of Enlight Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enlight Renewable's price. Additionally, you may evaluate how the addition of Enlight Renewable to your portfolios can decrease your overall portfolio volatility.
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