Enablence Technologies Stock Performance

ENA Stock  CAD 1.91  0.00  0.00%   
On a scale of 0 to 100, Enablence Technologies holds a performance score of 7. 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, returns on owning Enablence Technologies are expected to decrease at a much lower rate. During the bear market, Enablence Technologies is likely to outperform the market. Please check Enablence Technologies' semi deviation, sortino ratio, semi variance, as well as the relationship between the information ratio and value at risk , to make a quick decision on whether Enablence Technologies' price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Enablence Technologies are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Enablence Technologies showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor
1:120
Last Split Date
2021-11-22
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JavaScript chart by amCharts 3.21.15Enablence Technologies Enablence Technologies Dividend Benchmark Dow Jones Industrial
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Enablence Technologies Hits New 1-Year High - Whats Next - MarketBeat
01/23/2025
Begin Period Cash Flow4.2 M
Free Cash Flow-9.1 M
  

Enablence Technologies Relative Risk vs. Return Landscape

If you would invest  140.00  in Enablence Technologies on November 16, 2024 and sell it today you would earn a total of  51.00  from holding Enablence Technologies or generate 36.43% return on investment over 90 days. Enablence Technologies is currently producing 0.8675% returns and takes up 8.9648% volatility of returns over 90 trading days. Put another way, 79% of traded stocks are less volatile than Enablence, and 83% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
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Assuming the 90 days horizon Enablence Technologies is expected to generate 12.4 times more return on investment than the market. However, the company is 12.4 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.07 per unit of risk.

Enablence Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Enablence Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enablence Technologies, and traders can use it to determine the average amount a Enablence Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0968

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Estimated Market Risk

 8.96
  actual daily
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79% of assets are less volatile

Expected Return

 0.87
  actual daily
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83% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Enablence Technologies is performing at about 7% of its full potential. 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 Enablence Technologies by adding it to a well-diversified portfolio.

Enablence Technologies Fundamentals Growth

Enablence Stock prices reflect investors' perceptions of the future prospects and financial health of Enablence Technologies, and Enablence Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Enablence Stock performance.
Return On Asset-1.23
Operating Margin(5.06) %
Current Valuation77.09 M
Shares Outstanding19.18 M
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Price To Earning(2.75) X
Price To Sales22.88 X
Revenue1.6 M
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Gross Profit(2.33 M)
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EBITDA(9.72 M)
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Net Income(14.11 M)
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Cash And Equivalents95 K
Total Debt538 K
Debt To Equity2.67 %
Book Value Per Share(1.38) X
Cash Flow From Operations(8.72 M)
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Earnings Per Share(1.19) X
Total Asset4.13 M
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Retained Earnings(170.72 M)
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About Enablence Technologies Performance

Evaluating Enablence Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Enablence Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Enablence Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Enablence Technologies Inc. designs, manufactures, and sells optical components and subsystems for access, metro, and long-haul markets worldwide. Enablence Technologies Inc. is headquartered in Ottawa, Canada. ENABLENCE TECHNOLOGIES operates under Communication Equipment classification in Canada and is traded on TSX Venture Exchange.

Things to note about Enablence Technologies performance evaluation

Checking the ongoing alerts about Enablence Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enablence Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Enablence Technologies is way too risky over 90 days horizon
Enablence Technologies may become a speculative penny stock
Enablence Technologies appears to be risky and price may revert if volatility continues
Enablence Technologies has high likelihood to experience some financial distress in the next 2 years
Enablence Technologies has accumulated 538 K in total debt with debt to equity ratio (D/E) of 2.67, implying the company greatly relies on financing operations through barrowing. Enablence Technologies has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Enablence Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Enablence Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enablence Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enablence to invest in growth at high rates of return. When we think about Enablence Technologies' use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 1.6 M. Net Loss for the year was (14.11 M) with loss before overhead, payroll, taxes, and interest of (2.33 M).
Enablence Technologies has accumulated about 95 K in cash with (8.72 M) of positive cash flow from operations.
Roughly 42.0% of Enablence Technologies shares are held by company insiders
Latest headline from news.google.com: Enablence Technologies Hits New 1-Year High - Whats Next - MarketBeat
Evaluating Enablence Technologies' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Enablence Technologies' stock performance include:
  • Analyzing Enablence Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Enablence Technologies' stock is overvalued or undervalued compared to its peers.
  • Examining Enablence Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Enablence Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enablence Technologies' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Enablence Technologies' stock. These opinions can provide insight into Enablence Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Enablence Technologies' stock performance is not an exact science, and many factors can impact Enablence Technologies' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Additional Tools for Enablence Stock Analysis

When running Enablence Technologies' price analysis, check to measure Enablence Technologies' 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 Enablence Technologies is operating at the current time. Most of Enablence Technologies' value examination focuses on studying past and present price action to predict the probability of Enablence Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enablence Technologies' price. Additionally, you may evaluate how the addition of Enablence Technologies to your portfolios can decrease your overall portfolio volatility.