Enphase Energy Stock Alpha and Beta Analysis
| ENPH Stock | USD 113.85 1.92 1.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Enphase Energy. It also helps investors analyze the systematic and unsystematic risks associated with investing in Enphase Energy over a specified time horizon. Remember, high Enphase Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Enphase Energy's market risk premium analysis include:
Beta 2.79 | Alpha (0.1) | Risk 4.18 | Sharpe Ratio 0.0545 | Expected Return 0.23 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Enphase |
Enphase Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Enphase Energy market risk premium is the additional return an investor will receive from holding Enphase Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Enphase Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Enphase Energy's performance over market.| α | -0.1 | β | 2.79 |
Enphase Energy expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Enphase Energy's Buy-and-hold return. Our buy-and-hold chart shows how Enphase Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Enphase Energy Market Price Analysis
Market price analysis 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 understating and applying Enphase Energy stock market price indicators, traders can identify Enphase Energy position entry and exit signals to maximize returns.
Enphase Energy Return and Market Media
The median price of Enphase Energy for the period between Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 117.02 with a coefficient of variation of 7.43. The daily time series for the period is distributed with a sample standard deviation of 8.66, arithmetic mean of 116.56, and mean deviation of 7.25. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 1317 shares by Mandy Yang of Enphase Energy at 130.28 subject to Rule 16b-3 | 03/08/2024 |
2 | Heres Why Enphase Energy Fell More Than Broader Market | 03/26/2024 |
3 | Citi downgrades Enphase stock, cites inventory and Tesla competition | 04/05/2024 |
4 | Disposition of 320 shares by David Ranhoff of Enphase Energy at 117.3281 subject to Rule 16b-3 | 04/15/2024 |
5 | Enphase Energys Options Frenzy What You Need to Know | 04/16/2024 |
6 | B.Riley raises Enphase Energy shares target as channel issues expected to ease in H2 | 04/22/2024 |
7 | Enphase Energy Inc Q1 2024 Earnings Misses Revenue Estimates, Reports Net Loss | 04/23/2024 |
8 | Enphase Energy stock target cut to 113 on subdued demand outlook | 04/24/2024 |
9 | Enphase Energy First Quarter 2024 Earnings Misses Expectations | 04/25/2024 |
10 | Enphase Energy director Steven J. Gomo sells 4.85 million in stock | 04/26/2024 |
About Enphase Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Enphase or other stocks. Alpha measures the amount that position in Enphase Energy has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 7.27 | 10.84 | 10.61 | 10.43 | Days Of Inventory On Hand | 32.81 | 40.29 | 63.26 | 66.42 |
Enphase Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Enphase Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enphase Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Enphase Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Enphase Energy. Please utilize our Beneish M Score to check the likelihood of Enphase Energy's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Enphase Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Enphase Energy Backtesting, Enphase Energy Valuation, Enphase Energy Correlation, Enphase Energy Hype Analysis, Enphase Energy Volatility, Enphase Energy History and analyze Enphase Energy Performance. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.
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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.