Enphase Energy Stock Price on April 23, 2024
| ENPH Stock | USD 106.06 8.14 7.13% |
Below is the normalized historical share price chart for Enphase Energy extending back to March 30, 2012. 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 Enphase Energy stands at 106.06, as last reported on the 4th of May, with the highest price reaching 107.81 and the lowest price hitting 102.34 during the day.
If you're considering investing in Enphase Stock, it is important to understand the factors that can impact its price. Enphase Energy appears to be very steady, given 3 months investment horizon. Enphase Energy secures Sharpe Ratio (or Efficiency) of 0.0501, which denotes the company had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Enphase Energy, which you can use to evaluate the volatility of the firm. Please utilize Enphase Energy's Mean Deviation of 3.2, downside deviation of 3.56, and Coefficient Of Variation of 5339.38 to check if our risk estimates are consistent with your expectations.
As of now, Enphase Energy's Stock Based Compensation is increasing as compared to previous years. The Enphase Energy's current Stock Based Compensation To Revenue is estimated to increase to 0.1, while Common Stock Shares Outstanding is projected to decrease to under 78.6 M. . As of now, Enphase Energy's Price Cash Flow Ratio is increasing as compared to previous years. Enphase Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of March 2012 | 200 Day MA 117.7976 | 50 Day MA 116.3676 | Beta 1.462 |
Enphase |
Sharpe Ratio = 0.0501
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ENPH | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Enphase Energy is performing at about 3% 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 Enphase Energy by adding it to a well-diversified portfolio.
Price Book 16.1838 | Enterprise Value Ebitda 26.0149 | Price Sales 6.9467 | Shares Float 131.4 M | Wall Street Target Price 126.37 |
Related Headline
Sunrun Headline on 23rd of April 2024
HealthStream Reports Upbeat Results, Joins Spotify, Ryder Sy... by benzinga.com
Enphase Energy Valuation on April 23, 2024
It is possible to determine the worth of Enphase Energy on a given historical date. On April 23, 2024 Enphase was worth 109.93 at the beginning of the trading date compared to the closed value of 113.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enphase Energy stock. Still, in general, we apply an absolute valuation method to find Enphase Energy'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 Enphase Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enphase Energy's related companies.
| Open | High | Low | Close | Volume | |
| 107.22 | 110.90 | 105.61 | 110.51 | 3,557,060 | |
04/23/2024 | 109.93 | 116.10 | 109.65 | 113.48 | 6,375,549 |
| 112.60 | 118.24 | 105.93 | 107.17 | 10,885,344 |
| Backtest Enphase Energy | | | Enphase Energy History | | | Enphase Energy Valuation | Previous | Next |
Enphase Energy Trading Date Momentum on April 23, 2024
| On April 24 2024 Enphase Energy was traded for 107.17 at the closing time. The top price for the day was 118.24 and the lowest listed price was 105.93 . The trading volume for the day was 10.9 M. The trading history from April 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.56% . The overall trading delta against the current closing price is 2.61% . |
Enphase Energy Fundamentals Correlations and Trends
By evaluating Enphase Energy'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 Enphase Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enphase financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enphase Energy Stock history
Enphase Energy 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 Enphase is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enphase Energy 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 Enphase Energy stock prices may prove useful in developing a viable investing in Enphase Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 143.3 M | 78.6 M | |
| Net Income Applicable To Common Shares | 457 M | 479.8 M |
Enphase Energy Quarterly Net Working Capital |
|
Enphase Energy Stock Technical Analysis
Enphase Energy 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.
Price Boundaries
Enphase Energy Period Price Range
Low | April 23, 2024
| High |
109.93 | 113.48 |
Enphase Energy May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Enphase Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enphase Energy shares will generate the highest return on investment. By undertsting and applying Enphase Energy stock market strength indicators, traders can identify Enphase Energy entry and exit signals to maximize returns
| Accumulation Distribution | 354197.0 | |||
| Daily Balance Of Power | 0.5504 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 112.88 | |||
| Day Typical Price | 113.08 | |||
| Price Action Indicator | 2.38 | |||
| Period Momentum Indicator | (7.42) |
Enphase Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enphase Energy's price direction in advance. Along with the technical and fundamental analysis of Enphase Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enphase 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.
| Risk Adjusted Performance | 0.0203 | |||
| Jensen Alpha | 0.0711 | |||
| Total Risk Alpha | (0.39) | |||
| Sortino Ratio | (0.0006) | |||
| Treynor Ratio | (1.19) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enphase Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Enphase Stock analysis
When running Enphase Energy's price analysis, check to measure Enphase Energy'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 Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
Is Enphase Energy's industry 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 Enphase Energy. If investors know Enphase 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 Enphase Energy 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 (0.87) | Earnings Share 1.94 | Revenue Per Share 13.425 | Quarterly Revenue Growth (0.64) | Return On Assets 0.0503 |
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy'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 Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy'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 Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy'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.