Envveno Medical Corp Stock Price on September 30, 2023
| NVNO Stock | USD 3.41 0.11 3.33% |
Below is the normalized historical share price chart for enVVeno Medical Corp extending back to May 31, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of EnVVeno Medical stands at 3.41, as last reported on the 25th of November, with the highest price reaching 3.44 and the lowest price hitting 3.30 during the day.
If you're considering investing in EnVVeno Stock, it is important to understand the factors that can impact its price. enVVeno Medical Corp secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of volatility over the last 3 months. enVVeno Medical Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EnVVeno Medical's coefficient of variation of (798.32), and Risk Adjusted Performance of (0.09) to check the risk estimate we provide.
At this time, EnVVeno Medical's Total Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Shares Outstanding is likely to grow to about 12.9 M, while Common Stock is likely to drop 82.17. . At this time, EnVVeno Medical's Price To Sales Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Book Value Ratio is likely to grow to 1.44, while Price Earnings Ratio is likely to drop (2.82). EnVVeno Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of May 2018 | 200 Day MA 4.8785 | 50 Day MA 3.6121 | Beta 1.218 |
EnVVeno |
Sharpe Ratio = -0.1344
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| Negative Returns | NVNO |
Estimated Market Risk
| 4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.62 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average EnVVeno Medical is not performing at its full potential. However, 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 EnVVeno Medical by adding EnVVeno Medical to a well-diversified portfolio.
Price Book 1.2624 | Book Value 2.701 | Enterprise Value 12.6 M | Enterprise Value Ebitda (0.87) | Shares Float 17.5 M |
EnVVeno Medical Valuation on September 30, 2023
It is possible to determine the worth of EnVVeno Medical on a given historical date. On September 30, 2023 EnVVeno was worth 4.99 at the beginning of the trading date compared to the closed value of 5.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EnVVeno Medical stock. Still, in general, we apply an absolute valuation method to find EnVVeno Medical'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 EnVVeno Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EnVVeno Medical's related companies.
| Open | High | Low | Close | Volume | |
| 5.15 | 5.35 | 4.94 | 4.98 | 51,000 | |
09/29/2023 | 4.99 | 5.41 | 4.95 | 5.39 | 30,200 |
| 5.48 | 5.59 | 5.36 | 5.53 | 35,500 |
| Backtest EnVVeno Medical | | | EnVVeno Medical History | | | EnVVeno Medical Valuation | Previous | Next |
EnVVeno Medical Trading Date Momentum on September 30, 2023
| On October 02 2023 enVVeno Medical Corp was traded for 5.53 at the closing time. The top price for the day was 5.59 and the lowest listed price was 5.36 . The trading volume for the day was 35.5 K. The trading history from October 2, 2023 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 2.60% . The trading date delta against the current closing price is 0.56% . |
enVVeno Medical Corp Fundamentals Correlations and Trends
By evaluating EnVVeno Medical'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 EnVVeno Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EnVVeno financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EnVVeno Medical Stock history
EnVVeno Medical 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 EnVVeno is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in enVVeno Medical 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 EnVVeno Medical stock prices may prove useful in developing a viable investing in EnVVeno Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 12.3 M | 12.9 M | |
| Net Loss | -22.2 M | -21.1 M |
EnVVeno Medical Quarterly Net Working Capital |
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EnVVeno Medical Stock Technical Analysis
EnVVeno Medical 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.
Price Boundaries
EnVVeno Medical Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
enVVeno Medical Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
EnVVeno Medical November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how EnVVeno Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading EnVVeno Medical shares will generate the highest return on investment. By undertsting and applying EnVVeno Medical stock market strength indicators, traders can identify enVVeno Medical Corp entry and exit signals to maximize returns
EnVVeno Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EnVVeno Medical's price direction in advance. Along with the technical and fundamental analysis of EnVVeno Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EnVVeno 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 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.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.86) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in enVVeno Medical Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Health Care Equipment & Supplies space 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 EnVVeno Medical. If investors know EnVVeno 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 EnVVeno Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.29) | Return On Assets (0.37) | Return On Equity (0.59) |
The market value of enVVeno Medical Corp is measured differently than its book value, which is the value of EnVVeno that is recorded on the company's balance sheet. Investors also form their own opinion of EnVVeno Medical's value that differs from its market value or its book value, called intrinsic value, which is EnVVeno Medical'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 EnVVeno Medical's market value can be influenced by many factors that don't directly affect EnVVeno Medical'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 EnVVeno Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnVVeno Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnVVeno Medical'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.