Envveno Medical Corp Stock Price on December 31, 2022
| NVNO Stock | USD 5.06 0.03 0.59% |
Below is the normalized historical share price chart for enVVeno Medical Corp extending back to May 31, 2018. 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 EnVVeno Medical stands at 5.06, as last reported on the 8th of May, with the highest price reaching 5.30 and the lowest price hitting 5.05 during the day.
If you're considering investing in EnVVeno Stock, it is important to understand the factors that can impact its price. EnVVeno Medical appears to be slightly risky, given 3 months investment horizon. enVVeno Medical Corp secures Sharpe Ratio (or Efficiency) of 0.0762, which denotes the company had a 0.0762% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for enVVeno Medical Corp, which you can use to evaluate the volatility of the firm. Please utilize EnVVeno Medical's semi deviation of 3.61, and Risk Adjusted Performance of 0.0541 to check if our risk estimates are consistent with your expectations.
At this time, EnVVeno Medical's Total Stockholder Equity is very stable compared to the past year. As of the 8th of May 2024, Common Stock Shares Outstanding is likely to grow to about 12.9 M, while Common Stock is likely to drop 82.17. . At this time, EnVVeno Medical's Price To Sales Ratio is very stable compared to the past year. As of the 8th of May 2024, Price Book Value Ratio is likely to grow to 1.44, while Price Earnings Ratio is likely to drop (2.82). EnVVeno Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of May 2018 | 200 Day MA 4.9124 | 50 Day MA 5.533 | Beta 1.116 |
EnVVeno |
Sharpe Ratio = 0.0762
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average EnVVeno Medical is performing at about 5% 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 EnVVeno Medical by adding it to a well-diversified portfolio.
Price Book 1.4384 | Book Value 3.469 | Enterprise Value 22.8 M | Enterprise Value Ebitda (0.87) | Shares Float 12.6 M |
EnVVeno Medical Valuation on December 31, 2022
It is possible to determine the worth of EnVVeno Medical on a given historical date. On December 31, 2022 EnVVeno was worth 4.95 at the beginning of the trading date compared to the closed value of 5.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EnVVeno Medical stock. Still, in general, we apply an absolute valuation method to find EnVVeno Medical'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 EnVVeno Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EnVVeno Medical's related companies.
| Open | High | Low | Close | Volume | |
| 4.55 | 5.07 | 4.55 | 4.95 | 29,096 | |
12/30/2022 | 4.95 | 5.12 | 4.95 | 5.10 | 15,206 |
| 5.14 | 5.15 | 4.95 | 5.01 | 7,700 |
| Backtest EnVVeno Medical | | | EnVVeno Medical History | | | EnVVeno Medical Valuation | Previous | Next |
EnVVeno Medical Trading Date Momentum on December 31, 2022
| On January 03 2023 enVVeno Medical Corp was traded for 5.01 at the closing time. The top price for the day was 5.15 and the lowest listed price was 4.95 . The trading volume for the day was 7.7 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.76% . The trading date delta against the current closing price is 5.29% . |
enVVeno Medical Corp Fundamentals Correlations and Trends
By evaluating EnVVeno Medical'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 EnVVeno Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EnVVeno financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EnVVeno Medical Stock history
EnVVeno Medical 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 EnVVeno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in enVVeno Medical Corp 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 EnVVeno Medical stock prices may prove useful in developing a viable investing in EnVVeno Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.3 M | 12.9 M | |
| Net Loss | -22.2 M | -21.1 M |
EnVVeno Medical Quarterly Net Working Capital |
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EnVVeno Medical Stock Technical Analysis
EnVVeno Medical 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
EnVVeno Medical Period Price Range
Low | December 30, 2022
| High |
4.95 | 5.10 |
EnVVeno Medical May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how EnVVeno Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnVVeno Medical shares will generate the highest return on investment. By undertsting and applying EnVVeno Medical stock market strength indicators, traders can identify enVVeno Medical Corp entry and exit signals to maximize returns
| Accumulation Distribution | 504.89 | |||
| Daily Balance Of Power | 0.8824 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 5.04 | |||
| Day Typical Price | 5.06 | |||
| Price Action Indicator | 0.14 | |||
| Period Momentum Indicator | (0.04) |
EnVVeno Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EnVVeno Medical's price direction in advance. Along with the technical and fundamental analysis of EnVVeno Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EnVVeno 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 | 0.0541 | |||
| Jensen Alpha | 0.3369 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0724 | |||
| Treynor Ratio | 4.69 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for EnVVeno Stock analysis
When running EnVVeno Medical's price analysis, check to measure EnVVeno Medical'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 EnVVeno Medical is operating at the current time. Most of EnVVeno Medical's value examination focuses on studying past and present price action to predict the probability of EnVVeno Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnVVeno Medical's price. Additionally, you may evaluate how the addition of EnVVeno Medical to your portfolios can decrease your overall portfolio volatility.
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Is EnVVeno Medical'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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.91) | Return On Assets (0.35) | Return On Equity (0.55) |
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.