Envela Stock Performance

ELA -  USA Stock  

USD 4.84  0.04  0.83%

On a scale of 0 to 100, Envela Corp holds a performance score of 7. The firm shows a Beta (market volatility) of 0.5953, which means possible diversification benefits within a given portfolio. Let's try to break down what Envela's beta means in this case. As returns on the market increase, Envela Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Envela Corp will be expected to be smaller as well. Although it is vital to follow Envela Corp 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. By reviewing Envela Corp technical indicators, you can presently evaluate if the expected return of 0.3% will be sustainable into the future. Please utilizes Envela Corp downside variance, kurtosis, and the relationship between the value at risk and expected short fall to make a quick decision on whether Envela Corp price patterns will revert.
  
Refresh
Envela Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Envela Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat abnormal essential indicators, Envela Corp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Envela Price Channel

Quick Ratio1.77
Fifty Two Week Low3.5100
Target High Price11.00
Fifty Two Week High5.9200
Target Low Price10.00

Envela Corp Relative Risk vs. Return Landscape

If you would invest  410.00  in Envela Corp on February 24, 2022 and sell it today you would earn a total of  74.00  from holding Envela Corp or generate 18.05% return on investment over 90 days. Envela Corp is generating 0.302% of daily returns assuming volatility of 2.9364% on return distribution over 90 days investment horizon. In other words, 25% of stocks are less volatile than Envela, and above 95% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Envela Corp is expected to generate 2.16 times more return on investment than the market. However, the company is 2.16 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly -0.03 per unit of risk.

Envela Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Envela Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Envela Corp, and traders can use it to determine the average amount a Envela Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1028

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsELA
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns
Estimated Market Risk
 2.94
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.3
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.1
  actual daily
 
 7 %
of total potential
 
77
Based on monthly moving average Envela Corp is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Envela Corp by adding it to a well-diversified portfolio.

About Envela Corp Performance

To evaluate Envela Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Envela Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Envela Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Envela Corp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Envela's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.20  0.22 
Return on Average Equity 0.43  0.46 
Return on Invested Capital 0.23  0.24 
Return on Sales 0.08  0.08 
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.

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

Equity Alerts and Improvement Suggestions

About 72.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Envela to Announce First Quarter 2022 Financial Results on Wednesday, May 11, 2022 - Yahoo Finance
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
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.
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.