Enovix Corp Stock Analysis

Enovix Stock Analysis Notes

About 14.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.45. Enovix Corp had not issued any dividends in recent years. Enovix Corporation designs, develops, and manufactures lithium-ion batteries. The company was founded in 2007 and is headquartered in Fremont, California. Enovix Corp operates under Electrical Equipment Parts classification in the United States and is traded on NASDAQ Exchange. It employs 215 people. To learn more about Enovix Corp call Harrold Rust at 510 695 2350 or check out https://www.enovix.com.

Enovix Corp Investment Alerts

Enovix Corp Upcoming and Recent Events

Enovix Largest EPS Surprises

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Enovix Corp Environmental, Social, and Governance (ESG) Scores

Enovix Corp Thematic Classifications

Enovix Stock Institutional Investors

Note, although Enovix Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Enovix Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.7 B.

Enovix Profitablity

Management Efficiency

Enovix Corp has return on total asset (ROA) of (0.2569) % which means that it has lost $0.2569 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.1597) %, meaning that it created substantial loss on money invested by shareholders. Enovix Corp's management efficiency ratios could be used to measure how well Enovix Corp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.32 in 2024. Return On Capital Employed is likely to drop to -0.35 in 2024. Net Tangible Assets is likely to rise to about 430.4 M in 2024, whereas Other Assets are likely to drop slightly above 1.1 M in 2024.

Technical Drivers

As of the 22nd of November, Enovix Corp shows the Variance of 33.5, standard deviation of 5.79, and Mean Deviation of 4.35. Enovix Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Enovix Corp Price Movement Analysis

Enovix Corp Insider Trading Activities

Enovix Corp Outstanding Bonds

Enovix Corp Predictive Daily Indicators

Enovix Corp Corporate Filings

Enovix Corp Forecast Models

Enovix Corp's time-series forecasting models are one of many Enovix Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Enovix Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Enovix Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Enovix shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Enovix Corp. By using and applying Enovix Stock analysis, traders can create a robust methodology for identifying Enovix entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Enovix analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Enovix analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Enovix Corp stock analysis indicators help investors evaluate how Enovix 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 Enovix Corp shares will generate the highest return on investment. By understating and applying Enovix Corp stock analysis, traders can identify Enovix Corp position entry and exit signals to maximize returns.

When running Enovix Corp's price analysis, check to measure Enovix 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 Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix 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 Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.