Ennis Inc Stock Price on October 2, 2024
EBF Stock | USD 21.05 0.30 1.41% |
If you're considering investing in Ennis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ennis stands at 21.05, as last reported on the 28th of December, with the highest price reaching 21.38 and the lowest price hitting 20.91 during the day. Ennis Inc secures Sharpe Ratio (or Efficiency) of -0.0196, which denotes the company had a -0.0196% return per unit of risk over the last 3 months. Ennis Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ennis' Mean Deviation of 1.0, standard deviation of 1.41, and Variance of 1.98 to check the risk estimate we provide.
Ennis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ennis |
Sharpe Ratio = -0.0196
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Estimated Market Risk
1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ennis 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 Ennis by adding Ennis to a well-diversified portfolio.
Ennis Valuation on October 2, 2024
It is possible to determine the worth of Ennis on a given historical date. On October 2, 2024 Ennis was worth 21.71 at the beginning of the trading date compared to the closed value of 21.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ennis stock. Still, in general, we apply an absolute valuation method to find Ennis' 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 Ennis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ennis' related companies.
Open | High | Low | Close | Volume | |
21.55 | 21.69 | 21.32 | 21.69 | 139,564 | |
10/02/2024 | 21.71 | 21.87 | 21.00 | 21.04 | 310,034 |
21.17 | 21.46 | 21.07 | 21.15 | 162,318 |
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Ennis Trading Date Momentum on October 2, 2024
On October 03 2024 Ennis Inc was traded for 21.15 at the closing time. Highest Ennis's price during the trading hours was 21.46 and the lowest price during the day was 21.07 . The net volume was 162.3 K. The overall trading history on the 3rd of October contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.52% . The overall trading delta to current price is 2.66% . |
Ennis Inc Fundamentals Correlations and Trends
By evaluating Ennis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ennis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ennis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ennis Stock history
Ennis 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 Ennis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ennis Inc 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 Ennis stock prices may prove useful in developing a viable investing in Ennis
Ennis, Inc. designs, manufactures, and sells business forms and other business products in the United States. Ennis, Inc. was incorporated in 1909 and is headquartered in Midlothian, Texas. Ennis operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 1997 people.
Ennis Stock Technical Analysis
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.
Price Boundaries
Ennis Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
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Ennis December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Ennis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ennis shares will generate the highest return on investment. By undertsting and applying Ennis stock market strength indicators, traders can identify Ennis Inc entry and exit signals to maximize returns
Ennis Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ennis' price direction in advance. Along with the technical and fundamental analysis of Ennis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ennis 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 | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.16) |
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Complementary Tools for Ennis Stock analysis
When running Ennis' price analysis, check to measure Ennis' 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 Ennis is operating at the current time. Most of Ennis' value examination focuses on studying past and present price action to predict the probability of Ennis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ennis' price. Additionally, you may evaluate how the addition of Ennis to your portfolios can decrease your overall portfolio volatility.
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