Envela Stock Price on June 30, 2022 Breakdown

ELA
 Stock
  

USD 7.73  0.39  4.80%   

As of today, the current price of Envela Corp is  7.73 , as last reported on the 7th of August, with the highest price reaching  8.15  and the lowest price hitting  7.37  during the day.
Envela Corp appears to be slightly risky, given 3 months investment horizon. Envela Corp secures Sharpe Ratio (or Efficiency) of 0.19, which denotes the company had 0.19% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By reviewing Envela Corp technical indicators you can presently evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Envela Corp's Coefficient Of Variation of 644.82, downside deviation of 3.92, and Mean Deviation of 3.42 to check if our risk estimates are consistent with your expectations.
  
The current year Net Income Common Stock is expected to grow to about 10.8 M. 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. Envela Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
7.5 M
Shares Outstanding
26.9 M
Shares Short Prior Month
128 K
Earnings Share
0.38
Shares Short
134.6 K
Revenue Per Share
6.38

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Envela Corp Valuation on June 30, 2022

It is possible to determine the worth of Envela Corp on a given historical date. On June 30, 2022 Envela was worth 6.88 at the beginning of the trading date compared to the closed value of 7.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Envela Corp stock. Still, in general, we apply an absolute valuation method to find Envela Corp'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Envela Corp's related companies.
 Open High Low Close Volume
  6.99    6.99    6.68    6.81    46,600  
06/30/2022
  6.88    7.15    6.55    7.13    74,200  
  7.09    7.15    6.93    7.05    111,500  
Backtest Envela Corp  |  Envela Corp History  |  Envela Corp Valuation   PreviousNext  
Open Value 6.88
7.13
Closing Value
19.69
Upside

Envela Corp Trading Date Momentum on June 30, 2022

On July 01 2022 Envela Corp was traded for  7.05  at the closing time. Highest Envela Corp's price during the trading hours was 7.15  and the lowest price during the day was  6.93 . The net volume was 111.5 K. The overall trading history on the 1st of July contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.12% . The overall trading delta to current price is 1.54% .

Envela Corp Fundamentals Correlations and Trends

By evaluating Envela Corp'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 Envela Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Envela financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Envela Corp Stock history

Envela Corp 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 Envela is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Envela 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 Envela Corp historical stock prices may prove useful in developing a viable investing in Envela Corp
Last ReportedProjected for 2022
Weighted Average Shares31 M27.2 M
Weighted Average Shares Diluted31 M27.3 M
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.

Envela Corp Quarterly Market Capitalization

191.97 Million

Envela Corp Stock Technical Analysis

Envela Corp 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.
A focus of Envela Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Envela Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Envela Corp Period Price Range

Low
June 30, 2022
High

 6.88 

  

 7.13 

0.253.63%

Envela Corp August 7, 2022 Market Strength

Market strength indicators help investors to evaluate how Envela Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Envela Corp shares will generate the highest return on investment. By undertsting and applying Envela Corp stock market strength indicators, traders can identify Envela Corp entry and exit signals to maximize returns

Envela Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Envela stock's direction in advance. Along with the technical and fundamental analysis of Envela Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Envela 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 stock 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.
Continue to Investing Opportunities. 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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
0.75
Market Capitalization
208.1 M
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.14
Return On Equity
0.44
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.