Envela Stock Probability of Future Stock Price Finishing Over 6.2

ELA -  USA Stock  

USD 7.10  0.47  7.09%

Envela Corp's future price is the expected price of Envela Corp instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Envela Corp performance during a given time horizon utilizing its historical volatility. The current year Price to Book Value is expected to grow to 4.15, whereas Price to Earnings Ratio are forecasted to decline to 10.28.
  
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Envela Corp's implied volatility is one of the determining factors in the pricing options written on Envela Corp. Implied volatility approximates the future value of Envela Corp based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Envela Corp over a specific time period. For example, 2022-07-15 CALL at $7.5 is a CALL option contract on Envela Corp's common stock with a strick price of 7.5 expiring on 2022-07-15. The contract was last traded on 2022-06-24 at 10:03:59 for $0.2 and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $0.0, and an ask price of $0.45. The implied volatility as of the 26th of June is 52.0702. View All Envela options

Closest to current price Envela long CALL Option Payoff at Expiration

Continue to Envela Corp Backtesting, Envela Corp Valuation, Envela Corp Correlation, Envela Corp Hype Analysis, Envela Corp Volatility, Envela Corp History as well as Envela Corp Performance. Please specify Envela Corp time horizon, a valid symbol (red box) and a target price (blue box) you would like Envela Corp odds to be computed.
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Envela Corp Target Price Odds to finish over 6.2

The tendency of Envela Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 6.20  in 90 days
 7.10 90 days 6.20  about 7.99
Based on a normal probability distribution, the odds of Envela Corp to stay above $ 6.20  in 90 days from now is about 7.99 (This Envela Corp probability density function shows the probability of Envela Stock to fall within a particular range of prices over 90 days) . Probability of Envela Corp price to stay between $ 6.20  and its current price of $7.1 at the end of the 90-day period is about 7.65 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.26 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Envela Corp will likely underperform. Additionally The company has an alpha of 0.9906, implying that it can generate a 0.99 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Envela Corp Price Density 
      Price 

Predictive Modules for Envela Corp

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Envela Corp. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Envela Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Envela Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.946.8910.84
Details
Intrinsic
Valuation
LowReal ValueHigh
4.268.2112.16
Details
Naive
Forecast
LowNext ValueHigh
2.516.4610.41
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.0010.0010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Envela Corp. Your research has to be compared to or analyzed against Envela Corp's peers to derive any actionable benefits. When done correctly, Envela Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Envela Corp.

Envela Corp Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Envela Corp is not an exception. The market had few large corrections towards the Envela Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Envela Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Envela Corp within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.99
β
Beta against DOW1.26
σ
Overall volatility
0.69
Ir
Information ratio 0.24

Envela Corp Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Envela Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Envela Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Envela Corp appears to be risky and price may revert if volatility continues
About 72.0% of the company shares are held by company insiders
Latest headline from www.investorsobserver.com: ChargePoint Holdings Inc Down 5.70 percent in Premarket Trading - InvestorsObserver

Envela Corp Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Envela Stock often depends not only on the future outlook of the current and potential Envela Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Envela Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.49%
Short Percent Of Float1.73%
Float Shares7.53M
Shares Short Prior Month122.34k
Average Daily Volume Last 10 Day112.02k
Average Daily Volume In Three Month61.97k
Date Short Interest29th of April 2022

Envela Corp Technical Analysis

Envela Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Envela Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Envela Corp. In general, you should focus on analyzing Envela Stock price patterns and their correlations with different microeconomic environments and drivers.

Envela Corp Predictive Forecast Models

Envela Corp time-series forecasting models is one of many Envela Corp's stock analysis techniquest aimed to predict 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 Envela 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 stock market movement and maximize returns from investment trading.

Things to note about Envela Corp

Checking the ongoing alerts about Envela Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Envela Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Envela Corp Alerts

Envela Corp Alerts and Suggestions

Envela Corp appears to be risky and price may revert if volatility continues
About 72.0% of the company shares are held by company insiders
Latest headline from www.investorsobserver.com: ChargePoint Holdings Inc Down 5.70 percent in Premarket Trading - InvestorsObserver
Continue to Envela Corp Backtesting, Envela Corp Valuation, Envela Corp Correlation, Envela Corp Hype Analysis, Envela Corp Volatility, Envela Corp History as well as Envela Corp Performance. 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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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Is Envela Corp'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 Envela Corp. If investors know Envela 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 Envela Corp 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 YOY
0.41
Market Capitalization
191.2 M
Quarterly Revenue Growth YOY
0.86
Return On Assets
0.13
Return On Equity
0.43
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.