Enservco Stock Market Value

ENSV
 Stock
  

USD 2.34  0.09  3.70%   

Enservco Corpporation's market value is the price at which a share of Enservco Corpporation stock trades on a public exchange. It measures the collective expectations of Enservco Corpporation investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Enservco Corpporation and determine expected loss or profit from investing in Enservco Corpporation over a given investment horizon. Continue to Enservco Corpporation Correlation, Enservco Corpporation Volatility and Enservco Corpporation Alpha and Beta module to complement your research on Enservco Corpporation.
Symbol


Is Enservco Corpporation'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 Enservco Corpporation. If investors know Enservco 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 Enservco Corpporation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
27.2 M
Quarterly Revenue Growth YOY
0.12
Return On Assets
(0.25) 
Return On Equity
(0.53) 
The market value of Enservco Corpporation is measured differently than its book value, which is the value of Enservco that is recorded on the company's balance sheet. Investors also form their own opinion of Enservco Corpporation's value that differs from its market value or its book value, called intrinsic value, which is Enservco Corpporation'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 Enservco Corpporation's market value can be influenced by many factors that don't directly affect Enservco Corpporation'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 Enservco Corpporation's value and its price as these two are different measures arrived at by different means. Investors typically determine Enservco Corpporation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enservco Corpporation'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.

Enservco Corpporation 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Enservco Corpporation's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Enservco Corpporation.
0.00
01/04/2022
No Change 0.00  0.0 
In 10 months and 27 days
11/30/2022
0.00
If you would invest  0.00  in Enservco Corpporation on January 4, 2022 and sell it all today you would earn a total of 0.00 from holding Enservco Corpporation or generate 0.0% return on investment in Enservco Corpporation over 330 days. Enservco Corpporation is related to or competes with Schlumberger, Halliburton, NOV, and Siemens Ag. Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore o... More

Enservco Corpporation Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Enservco Corpporation's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Enservco Corpporation upside and downside potential and time the market with a certain degree of confidence.

Enservco Corpporation Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enservco Corpporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enservco Corpporation's standard deviation. In reality, there are many statistical measures that can use Enservco Corpporation historical prices to predict the future Enservco Corpporation's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Enservco Corpporation'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 Enservco Corpporation in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.142.8510.59
Details
Intrinsic
Valuation
LowReal ValueHigh
0.122.3810.12
Details
Naive
Forecast
LowNext ValueHigh
0.0447132.249.97
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.912.463.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Enservco Corpporation. Your research has to be compared to or analyzed against Enservco Corpporation's peers to derive any actionable benefits. When done correctly, Enservco Corpporation'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 Enservco Corpporation.

Enservco Corpporation Backtested Returns

Enservco Corpporation appears to be dangerous, given 3 months investment horizon. Enservco Corpporation secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had 0.13% 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 Enservco Corpporation technical indicators you can presently evaluate if the expected return of 0.99% is justified by implied risk. Please utilize Enservco Corpporation's Coefficient Of Variation of 1273.52, downside deviation of 6.09, and Mean Deviation of 5.6 to check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Enservco Corpporation holds a performance score of 9. The firm shows a Beta (market volatility) of 1.5998, which means a somewhat significant risk relative to the market. Let's try to break down what Enservco's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enservco Corpporation will likely underperform. Although it is vital to follow Enservco Corpporation historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for Enservco Corpporation, which you can use to evaluate the performance of the firm. Please utilizes Enservco Corpporation potential upside, as well as the relationship between the accumulation distribution and price action indicator to make a quick decision on whether Enservco Corpporation price patterns will revert.

Auto-correlation

    
  0.01  

Virtually no predictability

Enservco Corpporation has virtually no predictability. Overlapping area represents the amount of predictability between Enservco Corpporation time series from 4th of January 2022 to 18th of June 2022 and 18th of June 2022 to 30th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Enservco Corpporation price movement. The serial correlation of 0.01 indicates that just 1.0% of current Enservco Corpporation price fluctuation can be explain by its past prices.
Correlation Coefficient0.01
Spearman Rank Test-0.27
Residual Average0.0
Price Variance0.21

Enservco Corpporation lagged returns against current returns

Autocorrelation, which is Enservco Corpporation stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Enservco Corpporation's stock expected returns. We can calculate the autocorrelation of Enservco Corpporation returns to help us make a trade decision. For example, suppose you find that Enservco Corpporation stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Enservco Corpporation regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Enservco Corpporation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enservco Corpporation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enservco Corpporation stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Enservco Corpporation Lagged Returns

When evaluating Enservco Corpporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enservco Corpporation stock have on its future price. Enservco Corpporation autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Enservco Corpporation autocorrelation shows the relationship between Enservco Corpporation stock current value and its past values and can show if there is a momentum factor associated with investing in Enservco Corpporation.
   Regressed Prices   
Share
       Timeline  

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 Enservco Corpporation 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, Enservco Corpporation's short interest history, or implied volatility extrapolated from Enservco Corpporation options trading.

Pair Trading with Enservco Corpporation

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 Enservco Corpporation 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 Enservco Corpporation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Enservco Corpporation

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The ability to find closely correlated positions to Enservco Corpporation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enservco Corpporation 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 Enservco Corpporation - 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 Enservco Corpporation to buy it.
The correlation of Enservco Corpporation 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 Enservco Corpporation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enservco Corpporation 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 Enservco Corpporation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Enservco Corpporation Correlation, Enservco Corpporation Volatility and Enservco Corpporation Alpha and Beta module to complement your research on Enservco Corpporation. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for analysis

When running Enservco Corpporation price analysis, check to measure Enservco Corpporation'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 Enservco Corpporation is operating at the current time. Most of Enservco Corpporation's value examination focuses on studying past and present price action to predict the probability of Enservco Corpporation's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Enservco Corpporation's price. Additionally, you may evaluate how the addition of Enservco Corpporation to your portfolios can decrease your overall portfolio volatility.
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Enservco Corpporation 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 Enservco Corpporation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Enservco Corpporation 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...