Enovix Corp Stock Alpha and Beta Analysis
| ENVX Stock | USD 7.65 0.44 6.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Enovix Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Enovix Corp over a specified time horizon. Remember, high Enovix Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Enovix Corp's market risk premium analysis include:
Beta 1.2 | Alpha (0.06) | Risk 6.13 | Sharpe Ratio 0.0034 | Expected Return 0.021 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Enovix |
Enovix Corp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Enovix Corp market risk premium is the additional return an investor will receive from holding Enovix Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Enovix Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Enovix Corp's performance over market.| α | -0.06 | β | 1.20 |
Enovix Corp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Enovix Corp's Buy-and-hold return. Our buy-and-hold chart shows how Enovix Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Enovix Corp Market Price Analysis
Market price analysis indicators help investors to evaluate how Enovix Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enovix Corp shares will generate the highest return on investment. By understating and applying Enovix Corp stock market price indicators, traders can identify Enovix Corp position entry and exit signals to maximize returns.
Enovix Corp Return and Market Media
The median price of Enovix Corp for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 10.87 with a coefficient of variation of 14.85. The daily time series for the period is distributed with a sample standard deviation of 1.55, arithmetic mean of 10.4, and mean deviation of 1.32. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 7324 shares by Ajay Marathe of Enovix Corp at 8.98 subject to Rule 16b-3 | 12/13/2024 |
2 | Disposition of 17584 shares by Raj Talluri of Enovix Corp at 8.12 subject to Rule 16b-3 | 12/18/2024 |
3 | Disposition of 2213 shares by Arthi Chakravarthy of Enovix Corp at 10.08 subject to Rule 16b-3 | 12/24/2024 |
4 | Acquisition by Kristina Truong of 24077 shares of Enovix Corp subject to Rule 16b-3 | 01/03/2025 |
5 | Disposition of 8190 shares by Farhan Ahmad of Enovix Corp at 12.23 subject to Rule 16b-3 | 01/08/2025 |
6 | Disposition of 1919 shares by Farhan Ahmad of Enovix Corp at 11.38 subject to Rule 16b-3 | 01/10/2025 |
7 | Disposition of 7509 shares by Ajay Marathe of Enovix Corp at 10.56 subject to Rule 16b-3 | 01/14/2025 |
8 | Disposition of 17618 shares by Raj Talluri of Enovix Corp at 10.72 subject to Rule 16b-3 | 01/17/2025 |
9 | Disposition of 24 shares by Arthi Chakravarthy of Enovix Corp at 12.32 subject to Rule 16b-3 | 01/24/2025 |
10 | Enovix to Release Fourth Quarter and Full Year 2024 Financial Results on February 19, 2025 | 01/29/2025 |
11 | Disposition of 1028 shares by Arthi Chakravarthy of Enovix Corp at 11.78 subject to Rule 16b-3 | 02/07/2025 |
12 | Disposition of 277 shares by Kristina Truong of Enovix Corp at 11.79 subject to Rule 16b-3 | 02/10/2025 |
13 | In the wake of Enovix Corporations latest US124m market cap drop, institutional owners may be forced to take severe actions | 02/13/2025 |
14 | Disposition of 17617 shares by Raj Talluri of Enovix Corp at 11.16 subject to Rule 16b-3 | 02/18/2025 |
15 | Enovix outlines 2025 high-volume production targets for smartphone and IoT batteries | 02/20/2025 |
16 | Enovix Corporation Achieves Record Revenue and Lands AI Smart Eyewear Deal | 02/21/2025 |
17 | Disposition of 2219 shares by Arthi Chakravarthy of Enovix Corp at 9.82 subject to Rule 16b-3 | 02/24/2025 |
18 | How Is Enovix Navigating Market Volatility | 02/25/2025 |
19 | Enovix Unusual Options Activity For February 27 | 02/27/2025 |
20 | Unpacking the Latest Options Trading Trends in Enovix - Benzinga | 03/04/2025 |
21 | Disposition of 6073 shares by Raj Talluri of Enovix Corp at 10.11 subject to Rule 16b-3 | 03/07/2025 |
22 | Disposition of 252 shares by Kristina Truong of Enovix Corp at 7.85 subject to Rule 16b-3 | 03/10/2025 |
23 | Acquisition by Farhan Ahmad of 4525 shares of Enovix Corp subject to Rule 16b-3 | 03/13/2025 |
About Enovix Corp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Enovix or other stocks. Alpha measures the amount that position in Enovix Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 3.4K | 3.0K | 3.2K | PTB Ratio | 7.64 | 8.79 | 8.35 |
Enovix Corp Upcoming Company Events
As portrayed in its financial statements, the presentation of Enovix Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enovix Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Enovix Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Enovix Corp. Please utilize our Beneish M Score to check the likelihood of Enovix Corp's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.