Enphase Energy Stock Forecast - Sortino Ratio
| ENPH Stock | USD 111.50 1.95 1.72% |
Enphase Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Enphase Energy stock prices and determine the direction of Enphase Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Enphase Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Enphase Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Enphase Energy's systematic risk associated with finding meaningful patterns of Enphase Energy fundamentals over time.
Check out Historical Fundamental Analysis of Enphase Energy to cross-verify your projections. Enphase |
Open Interest Against 2024-05-24 Enphase Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Enphase Energy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Enphase Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Enphase Energy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Enphase Energy's open interest, investors have to compare it to Enphase Energy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Enphase Energy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Enphase. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Enphase Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Enphase Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Enphase Energy's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Enphase Energy Volatility | Backtest Enphase Energy | Information Ratio |
Enphase Energy Trading Date Momentum
| On May 21 2024 Enphase Energy was traded for 111.50 at the closing time. The top price for the day was 113.28 and the lowest listed price was 110.92 . The trading volume for the day was 2.5 M. The trading history from May 21, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.79% . |
| Compare Enphase Energy to competition |
Other Forecasting Options for Enphase Energy
For every potential investor in Enphase, whether a beginner or expert, Enphase Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Enphase Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Enphase. Basic forecasting techniques help filter out the noise by identifying Enphase Energy's price trends.Enphase Energy Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enphase Energy stock to make a market-neutral strategy. Peer analysis of Enphase Energy could also be used in its relative valuation, which is a method of valuing Enphase Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Enphase Energy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Enphase Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Enphase Energy's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Enphase Energy Market Strength Events
Market strength indicators help investors to evaluate how Enphase Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enphase Energy shares will generate the highest return on investment. By undertsting and applying Enphase Energy stock market strength indicators, traders can identify Enphase Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 52916.69 | |||
| Daily Balance Of Power | (0.83) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 112.1 | |||
| Day Typical Price | 111.9 | |||
| Price Action Indicator | (1.58) | |||
| Period Momentum Indicator | (1.95) | |||
| Relative Strength Index | 47.98 |
Enphase Energy Risk Indicators
The analysis of Enphase Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Enphase Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting enphase stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.75 | |||
| Standard Deviation | 3.42 | |||
| Variance | 11.71 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Enphase Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enphase Energy's 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 Enphase Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enphase Energy Stock:Check out Historical Fundamental Analysis of Enphase Energy to cross-verify your projections. For more detail on how to invest in Enphase Stock please use our How to Invest in Enphase Energy guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Enphase Stock analysis
When running Enphase Energy's price analysis, check to measure Enphase Energy'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 Enphase Energy is operating at the current time. Most of Enphase Energy's value examination focuses on studying past and present price action to predict the probability of Enphase Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enphase Energy's price. Additionally, you may evaluate how the addition of Enphase Energy to your portfolios can decrease your overall portfolio volatility.
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Is Enphase Energy's industry 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 Enphase Energy. If investors know Enphase 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 Enphase Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 1.94 | Revenue Per Share 13.425 | Quarterly Revenue Growth (0.64) | Return On Assets 0.0503 |
The market value of Enphase Energy is measured differently than its book value, which is the value of Enphase that is recorded on the company's balance sheet. Investors also form their own opinion of Enphase Energy's value that differs from its market value or its book value, called intrinsic value, which is Enphase Energy's 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 Enphase Energy's market value can be influenced by many factors that don't directly affect Enphase Energy's 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 Enphase Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enphase Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enphase Energy's 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.