Enovix Corp Stock Performance
| ENVX Stock | USD 8.13 0.25 3.17% |
The firm shows a Beta (market volatility) of 1.51, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Enovix Corp will likely underperform. At this point, Enovix Corp has a negative expected return of -0.15%. Please make sure to confirm Enovix Corp's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Enovix Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weak
Weak | Strong |
Over the last 90 days Enovix Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest inconsistent performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return 2.79 | Five Day Return 9.76 | Year To Date Return (33.11) | Ten Year Return (35.46) | All Time Return (35.46) |
1 | Disposition of 17584 shares by Raj Talluri of Enovix Corp at 8.12 subject to Rule 16b-3 | 12/18/2024 |
2 | Disposition of 2213 shares by Arthi Chakravarthy of Enovix Corp at 10.08 subject to Rule 16b-3 | 12/24/2024 |
3 | Acquisition by Kristina Truong of 24077 shares of Enovix Corp subject to Rule 16b-3 | 01/03/2025 |
4 | Disposition of 1919 shares by Farhan Ahmad of Enovix Corp at 11.38 subject to Rule 16b-3 | 01/10/2025 |
5 | Disposition of 7509 shares by Ajay Marathe of Enovix Corp at 10.56 subject to Rule 16b-3 | 01/14/2025 |
6 | Disposition of 17618 shares by Raj Talluri of Enovix Corp at 10.72 subject to Rule 16b-3 | 01/17/2025 |
7 | Disposition of 24 shares by Arthi Chakravarthy of Enovix Corp at 12.32 subject to Rule 16b-3 | 01/24/2025 |
8 | Glancy Prongay Murray LLP Announces Investigation of Enovix Corporation | 01/30/2025 |
9 | Disposition of 1028 shares by Arthi Chakravarthy of Enovix Corp at 11.78 subject to Rule 16b-3 | 02/07/2025 |
10 | Disposition of 277 shares by Kristina Truong of Enovix Corp at 11.79 subject to Rule 16b-3 | 02/10/2025 |
11 | Disposition of 17617 shares by Raj Talluri of Enovix Corp at 11.16 subject to Rule 16b-3 | 02/18/2025 |
12 | Enovix outlines 2025 high-volume production targets for smartphone and IoT batteries | 02/20/2025 |
13 | Enovix Corporation Achieves Record Revenue and Lands AI Smart Eyewear Deal | 02/21/2025 |
14 | Disposition of 2219 shares by Arthi Chakravarthy of Enovix Corp at 9.82 subject to Rule 16b-3 | 02/24/2025 |
15 | How Is Enovix Navigating Market Volatility | 02/25/2025 |
16 | Enovix Unusual Options Activity For February 27 | 02/27/2025 |
17 | Unpacking the Latest Options Trading Trends in Enovix - Benzinga | 03/04/2025 |
18 | Disposition of 6073 shares by Raj Talluri of Enovix Corp at 10.11 subject to Rule 16b-3 | 03/07/2025 |
19 | Disposition of 252 shares by Kristina Truong of Enovix Corp at 7.85 subject to Rule 16b-3 | 03/10/2025 |
20 | Is Enovix Corporation the Best Meme Stock To Buy Right Now | 03/13/2025 |
21 | Disposition of 7338 shares by Ajay Marathe of Enovix Corp at 7.65 subject to Rule 16b-3 | 03/14/2025 |
22 | Enovix Co. Receives Consensus Recommendation of Moderate Buy from Analysts - MarketBeat | 03/17/2025 |
| Begin Period Cash Flow | 235.1 M |
Enovix |
Enovix Corp Relative Risk vs. Return Landscape
If you would invest 973.00 in Enovix Corp on December 20, 2024 and sell it today you would lose (160.00) from holding Enovix Corp or give up 16.44% of portfolio value over 90 days. Enovix Corp is currently does not generate positive expected returns and assumes 5.5505% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of stocks are less volatile than Enovix, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Enovix Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Enovix Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Enovix Corp, and traders can use it to determine the average amount a Enovix Corp's 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 = -0.0274
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ENVX |
Estimated Market Risk
| 5.55 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Enovix Corp 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 Enovix Corp by adding Enovix Corp to a well-diversified portfolio.
Enovix Corp Fundamentals Growth
Enovix Stock prices reflect investors' perceptions of the future prospects and financial health of Enovix Corp, and Enovix Corp 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 Enovix Stock performance.
| Return On Equity | -0.87 | ||||
| Return On Asset | -0.23 | ||||
| Operating Margin | (3.55) % | ||||
| Current Valuation | 1.43 B | ||||
| Shares Outstanding | 191.27 M | ||||
| Price To Earning | 25.20 X | ||||
| Price To Book | 6.11 X | ||||
| Price To Sales | 67.81 X | ||||
| Revenue | 23.07 M | ||||
| Gross Profit | (2.04 M) | ||||
| EBITDA | (155.9 M) | ||||
| Net Income | (222.24 M) | ||||
| Cash And Equivalents | 384.73 M | ||||
| Cash Per Share | 2.45 X | ||||
| Total Debt | 9.45 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 22.79 X | ||||
| Book Value Per Share | 1.29 X | ||||
| Cash Flow From Operations | (108.63 M) | ||||
| Earnings Per Share | (1.27) X | ||||
| Market Capitalization | 1.56 B | ||||
| Total Asset | 527.17 M | ||||
| Retained Earnings | (821.09 M) | ||||
| Working Capital | 241.31 M | ||||
About Enovix Corp Performance
Evaluating Enovix Corp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Enovix Corp 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 Enovix Corp 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 66.30 | 33.45 | |
| Return On Tangible Assets | (0.27) | (0.29) | |
| Return On Capital Employed | (0.30) | (0.31) | |
| Return On Assets | (0.25) | (0.26) | |
| Return On Equity | (0.54) | (0.56) |
Things to note about Enovix Corp performance evaluation
Checking the ongoing alerts about Enovix Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Enovix Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Enovix Corp generated a negative expected return over the last 90 days | |
| Enovix Corp has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 23.07 M. Net Loss for the year was (222.24 M) with loss before overhead, payroll, taxes, and interest of (2.04 M). | |
| Enovix Corp currently holds about 384.73 M in cash with (108.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.45. | |
| Enovix Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 14.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Enovix Co. Receives Consensus Recommendation of Moderate Buy from Analysts - MarketBeat |
- Analyzing Enovix Corp's 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 Enovix Corp's stock is overvalued or undervalued compared to its peers.
- Examining Enovix Corp's 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 Enovix Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Enovix Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Enovix Corp's stock. These opinions can provide insight into Enovix Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Enovix Stock Analysis
When running Enovix Corp's price analysis, check to measure Enovix Corp'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 Enovix Corp is operating at the current time. Most of Enovix Corp's value examination focuses on studying past and present price action to predict the probability of Enovix Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enovix Corp's price. Additionally, you may evaluate how the addition of Enovix Corp to your portfolios can decrease your overall portfolio volatility.