Envela Debt to Equity Ratio Trend from 2010 to 2022
ELA   USA Stock  USD 4.95 0.11 2.27% 
Envela  Debt to Equity Ratio 
Envela Corp Quarterly Debt to Equity Ratio  0.974 
Envela Debt to Equity Ratio Breakdown
Showing smoothed Debt to Equity Ratio of Envela Corp with missing and latest data points interpolated. Measures the ratio between Total Liabilities and Shareholders Equity.Envela Corp's Debt to Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Envela Corp's overall financial position and show how it may be relating to other accounts over time.
View  Last Reported 0.95 %  10 Years Trend 

Debt to Equity Ratio 
Timeline 
Envela Debt to Equity Ratio Regression Statistics
Arithmetic Mean  1.29  
Geometric Mean  1.16  
Coefficient Of Variation  53.53  
Mean Deviation  0.45  
Median  1.17  
Standard Deviation  0.69  
Sample Variance  0.48  
Range  2.63  
RValue  (0.013186)  
Mean Square Error  0.52  
RSquared  0.00017386  
Significance  0.97  
Slope  (0.002337)  
Total Sum of Squares  5.72 
Envela Debt to Equity Ratio History
2012  1.00  
2013  1.39  
2014  2.11  
2015  3.17  
2016  1.19  
2017  0.72  
2018  0.55  
2019  1.41  
2020  1.31  
2021  1.15  
2022  1.17 
About Envela Corp Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Envela Corp income statement, its balance sheet, and the statement of cash flows. Envela Corp investors use historical funamental indicators, such as Envela Corp's Debt to Equity Ratio, to determine how well the company is positioned to perform in the future. Although Envela Corp investors may use each financial statement separately, they are all related. The changes in Envela Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Envela Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Envela Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Envela Corp. Please read more on our technical analysis and fundamental analysis pages.
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on NYSEMKT Exchange. It employs 256 people.
Last Reported  Projected for 2022  
Debt to Equity Ratio  1.15  1.17 
Average Equity  23.5 M  18.9 M 
Envela Corp Investors Sentiment
The influence of Envela Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Envela. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.Envela Corp Implied Volatility  27.59 
Envela Corp's implied volatility exposes the market's sentiment of Envela Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Envela Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Envela Corp stock will not fluctuate a lot when Envela Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Envela Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Envela Corp's short interest history, or implied volatility extrapolated from Envela Corp options trading.
Pair Trading with Envela Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Envela Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Envela Corp will appreciate offsetting losses from the drop in the long position's value.Envela Corp Pair Correlation
Correlation Analysis For Direct Indexing and Taxloss Harvesting
The ability to find closely correlated positions to Envela Corp could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Envela Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Envela Corp  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Envela Corp to buy it.
The correlation of Envela Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Envela Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envela Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Envela Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to the analysis of Envela Corp Correlation against competitors. Note that the Envela Corp information on this page should be used as a complementary analysis to other Envela Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Envela Stock analysis
When running Envela Corp price analysis, check to measure Envela 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 Envela Corp is operating at the current time. Most of Envela Corp's value examination focuses on studying past and present price action to predict the probability of Envela Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Envela Corp's price. Additionally, you may evaluate how the addition of Envela Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp'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 Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp'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 Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Envela Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp'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.