Enliven Net Income from 2010 to 2024

ELVN Stock   25.41  1.06  4.35%   
Enliven Therapeutics Net Loss yearly trend continues to be very stable with very little volatility. Net Loss is likely to grow to about -68 M this year. During the period from 2010 to 2024, Enliven Therapeutics Net Loss quarterly data regression pattern had range of 60.2 M and standard deviation of  20,436,613. View All Fundamentals
 
Net Loss  
First Reported
2019-03-31
Previous Quarter
-19.9 M
Current Value
-23.2 M
Quarterly Volatility
10.8 M
 
Covid
Check Enliven Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enliven Therapeutics' main balance sheet or income statement drivers, such as Other Operating Expenses of 87.7 M, Research Development of 67.8 M or Total Operating Expenses of 87.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 2.1. Enliven financial statements analysis is a perfect complement when working with Enliven Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Enliven Therapeutics Correlation against competitors.
To learn how to invest in Enliven Stock, please use our How to Invest in Enliven Therapeutics guide.

Latest Enliven Therapeutics' Net Income Growth Pattern

Below is the plot of the Net Income of Enliven Therapeutics over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Enliven Therapeutics financial statement analysis. It represents the amount of money remaining after all of Enliven Therapeutics operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Enliven Therapeutics' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enliven Therapeutics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (71.58 M)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Enliven Net Income Regression Statistics

Arithmetic Mean(23,099,187)
Coefficient Of Variation(88.47)
Mean Deviation14,669,849
Median(11,337,000)
Standard Deviation20,436,613
Sample Variance417.7T
Range60.2M
R-Value(0.77)
Mean Square Error180.1T
R-Squared0.60
Significance0.0007
Slope(3,538,541)
Total Sum of Squares5847.2T

Enliven Net Income History

2024-68 M
2023-71.6 M
2022-37.8 M
2021-24.7 M
2020-18.9 M
2019-23.5 M

Other Fundumenentals of Enliven Therapeutics

Enliven Therapeutics Net Income component correlations

About Enliven Therapeutics Financial Statements

Enliven Therapeutics investors utilize fundamental indicators, such as Net Income, to predict how Enliven Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Loss-71.6 M-68 M
Net Loss-71.6 M-68 M
Net Loss-22.3 M-23.4 M
Net Loss(2.01)(2.11)
Net Income Per E B T 0.90  0.80 

Pair Trading with Enliven Therapeutics

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enliven Therapeutics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enliven Therapeutics will appreciate offsetting losses from the drop in the long position's value.

Moving against Enliven Stock

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The ability to find closely correlated positions to Enliven Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enliven Therapeutics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enliven Therapeutics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enliven Therapeutics to buy it.
The correlation of Enliven Therapeutics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enliven Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enliven Therapeutics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enliven Therapeutics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Enliven Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enliven Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enliven Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enliven Therapeutics Stock:
Check out the analysis of Enliven Therapeutics Correlation against competitors.
To learn how to invest in Enliven Stock, please use our How to Invest in Enliven Therapeutics guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Pharmaceuticals 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 Enliven Therapeutics. If investors know Enliven 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 Enliven Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.89)
Return On Assets
(0.21)
Return On Equity
(0.31)
The market value of Enliven Therapeutics is measured differently than its book value, which is the value of Enliven that is recorded on the company's balance sheet. Investors also form their own opinion of Enliven Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Enliven Therapeutics' 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 Enliven Therapeutics' market value can be influenced by many factors that don't directly affect Enliven Therapeutics' 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 Enliven Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Enliven Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enliven Therapeutics' 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.