Envela Stock Alpha and Beta Analysis

ELA
 Stock
  

USD 7.05  0.08  1.12%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Envela Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Envela Corp over a specified time horizon. Remember, high Envela Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Envela Corp Backtesting, Envela Corp Valuation, Envela Corp Correlation, Envela Corp Hype Analysis, Envela Corp Volatility, Envela Corp History and analyze Envela Corp Performance.
  
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Please note that although Envela Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Envela Corp did 0.91  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Envela Corp stock's relative risk over its benchmark. Envela Corp has a beta of 1.23  . Let's try to break down what Envela'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, Envela Corp will likely underperform.
Envela Corp Enterprise Value over EBITDA is projected to slightly grow based on the last few years of reporting. The past year's Enterprise Value over EBITDA was at 10.33. The current year Price to Book Value is expected to grow to 4.15, whereas Book Value per Share is forecasted to decline to 0.82.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Envela Corp Quarterly Book Value per Share

1.124

Share

Envela Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Envela Corp market risk premium is the additional return an investor will receive from holding Envela Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Envela Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Envela Corp's performance over market.
α0.91   β1.23
90 days against DJI

Envela Corp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Envela Corp's Buy-and-hold return. Our buy-and-hold chart shows how Envela Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Envela Corp Market Price Analysis

Market price analysis 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 understating and applying Envela Corp stock market price indicators, traders can identify Envela Corp position entry and exit signals to maximize returns.

Envela Corp Return and Market Media

The median price of Envela Corp for the period between Sun, Apr 3, 2022 and Sat, Jul 2, 2022 is 5.05 with a coefficient of variation of 14.76. The daily time series for the period is distributed with a sample standard deviation of 0.8, arithmetic mean of 5.42, and mean deviation of 0.67. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Envela Downgraded to Sell at Zacks Investment Research - Def...04/11/2022
2
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3
Envela Corp Stock Gains 9.00 percent This Week Should You Bu...04/28/2022
4
Purchase by Bret Pedersen of 500 shares of Envela Corp05/03/2022
5
Financial Statements05/04/2022
6
EPS Reported05/11/2022
7
Where Does RealReal Inc Stock Fall in the Luxury Goods Field...05/24/2022
8
Filing06/06/2022
9
Yoshitsu Co., Ltd Stock Price Today, Quote News - Seeking Al...06/27/2022

About Envela Corp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Envela Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 2021 2022 (projected)
Book Value per Share0.420.651.030.82
Asset Turnover3.513.42.863.12

Envela Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Envela Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Envela Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Envela Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Envela Corp. Please utilize our Beneish M Score to check the likelihood of Envela Corp's management manipulating its earnings.
Upcoming Quarterly Report22nd of March 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of March 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Envela Corp Backtesting, Envela Corp Valuation, Envela Corp Correlation, Envela Corp Hype Analysis, Envela Corp Volatility, Envela Corp History and analyze 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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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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...