Enservco Co Stock Market Value
| ENSV Stock | USD 0.15 0.01 7.14% |
| Symbol | Enservco |
Enservco Price To Book Ratio
Is Oil & Gas Equipment & Services 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 Enservco. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.893 | Quarterly Revenue Growth 0.009 | Return On Assets (0.15) | Return On Equity (2.77) |
The market value of Enservco 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's value that differs from its market value or its book value, called intrinsic value, which is Enservco'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's market value can be influenced by many factors that don't directly affect Enservco'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enservco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enservco'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 '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'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.
| 11/11/2022 |
| 10/31/2024 |
If you would invest 0.00 in Enservco on November 11, 2022 and sell it all today you would earn a total of 0.00 from holding Enservco Co or generate 0.0% return on investment in Enservco over 720 days. Enservco is related to or competes with Now, Enerflex, RPC, and Ranger Energy. Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore o... More
Enservco 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'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 Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 29.74 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 9.09 |
Enservco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enservco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Enservco's standard deviation. In reality, there are many statistical measures that can use Enservco historical prices to predict the future Enservco's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 0.2347 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Enservco'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.
Enservco Backtested Returns
Enservco secures Sharpe Ratio (or Efficiency) of -0.0181, which denotes the company had a -0.0181% return per unit of risk over the last 3 months. Enservco Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Enservco's Standard Deviation of 6.13, variance of 37.59, and Mean Deviation of 4.16 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.12, which means a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Enservco are expected to decrease slowly. On the other hand, during market turmoil, Enservco is expected to outperform it slightly. At this point, Enservco has a negative expected return of -0.11%. Please make sure to confirm Enservco's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Enservco performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Enservco Co has good predictability. Overlapping area represents the amount of predictability between Enservco time series from 11th of November 2022 to 6th of November 2023 and 6th of November 2023 to 31st 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 Enservco price movement. The serial correlation of 0.66 indicates that around 66.0% of current Enservco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Enservco lagged returns against current returns
Autocorrelation, which is Enservco 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's stock expected returns. We can calculate the autocorrelation of Enservco returns to help us make a trade decision. For example, suppose you find that Enservco 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 |
Enservco 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Enservco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Enservco stock over time.
Current vs Lagged Prices |
| Timeline |
Enservco Lagged Returns
When evaluating Enservco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Enservco stock have on its future price. Enservco 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 autocorrelation shows the relationship between Enservco stock current value and its past values and can show if there is a momentum factor associated with investing in Enservco Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Enservco Stock Analysis
When running Enservco's price analysis, check to measure Enservco'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 is operating at the current time. Most of Enservco's value examination focuses on studying past and present price action to predict the probability of Enservco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enservco's price. Additionally, you may evaluate how the addition of Enservco to your portfolios can decrease your overall portfolio volatility.