Ennis Inc Stock Market Value
| EBF Stock | USD 20.85 0.39 1.84% |
| Symbol | Ennis |
Ennis Inc Price To Book Ratio
Is Commercial Services & 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 Ennis. If investors know Ennis 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 Ennis 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 (0.06) | Dividend Share 1 | Earnings Share 1.57 | Revenue Per Share 15.593 | Quarterly Revenue Growth (0.07) |
The market value of Ennis Inc is measured differently than its book value, which is the value of Ennis that is recorded on the company's balance sheet. Investors also form their own opinion of Ennis' value that differs from its market value or its book value, called intrinsic value, which is Ennis' 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 Ennis' market value can be influenced by many factors that don't directly affect Ennis' 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 Ennis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ennis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ennis' 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.
Ennis '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 Ennis' 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 Ennis.
| 10/30/2022 |
| 10/19/2024 |
If you would invest 0.00 in Ennis on October 30, 2022 and sell it all today you would earn a total of 0.00 from holding Ennis Inc or generate 0.0% return on investment in Ennis over 720 days. Ennis is related to or competes with HNI Corp, Acco Brands, Acacia Research, and Steelcase. Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States More
Ennis 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 Ennis' 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 Ennis Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.52 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 2.47 |
Ennis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ennis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ennis' standard deviation. In reality, there are many statistical measures that can use Ennis historical prices to predict the future Ennis' volatility.| Risk Adjusted Performance | 0.0207 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0328 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ennis' 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.
Ennis Inc Backtested Returns
At this point, Ennis is very steady. Ennis Inc secures Sharpe Ratio (or Efficiency) of 0.003, which denotes the company had a 0.003% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ennis Inc, which you can use to evaluate the volatility of the firm. Please confirm Ennis' Mean Deviation of 1.23, coefficient of variation of 5048.36, and Downside Deviation of 1.93 to check if the risk estimate we provide is consistent with the expected return of 0.0047%. The firm shows a Beta (market volatility) of 0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, Ennis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ennis is expected to be smaller as well. Ennis Inc right now shows a risk of 1.56%. Please confirm Ennis Inc jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to decide if Ennis Inc will be following its price patterns.
Auto-correlation | 0.46 |
Average predictability
Ennis Inc has average predictability. Overlapping area represents the amount of predictability between Ennis time series from 30th of October 2022 to 25th of October 2023 and 25th of October 2023 to 19th of October 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ennis Inc price movement. The serial correlation of 0.46 indicates that about 46.0% of current Ennis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
Ennis Inc lagged returns against current returns
Autocorrelation, which is Ennis 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 Ennis' stock expected returns. We can calculate the autocorrelation of Ennis returns to help us make a trade decision. For example, suppose you find that Ennis 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ennis 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 Ennis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ennis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ennis stock over time.
Current vs Lagged Prices |
| Timeline |
Ennis Lagged Returns
When evaluating Ennis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ennis stock have on its future price. Ennis 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, Ennis autocorrelation shows the relationship between Ennis stock current value and its past values and can show if there is a momentum factor associated with investing in Ennis Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ennis Inc is a strong investment it is important to analyze Ennis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ennis' future performance. For an informed investment choice regarding Ennis Stock, refer to the following important reports:Check out Ennis Correlation, Ennis Volatility and Ennis Alpha and Beta module to complement your research on Ennis. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Ennis 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.