Enservco Co Stock Price on February 29, 2024
| ENSV Stock | USD 0.21 0.01 4.55% |
If you're considering investing in Enservco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enservco stands at 0.21, as last reported on the 5th of May, with the highest price reaching 0.22 and the lowest price hitting 0.20 during the day. Enservco appears to be out of control, given 3 months investment horizon. Enservco secures Sharpe Ratio (or Efficiency) of 0.0433, which denotes the company had a 0.0433% return per unit of risk over the last 3 months. We have found thirty technical indicators for Enservco Co, which you can use to evaluate the volatility of the firm. Please utilize Enservco's Mean Deviation of 4.51, downside deviation of 7.5, and Coefficient Of Variation of 2307.46 to check if our risk estimates are consistent with your expectations.
Enservco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enservco |
Sharpe Ratio = 0.0433
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Estimated Market Risk
| 6.85 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Enservco is performing at about 3% 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 Enservco by adding it to a well-diversified portfolio.
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Enservco Valuation on February 29, 2024
It is possible to determine the worth of Enservco on a given historical date. On February 29, 2024 Enservco was worth 0.2 at the beginning of the trading date compared to the closed value of 0.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enservco stock. Still, in general, we apply an absolute valuation method to find Enservco's 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 Enservco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enservco's related companies.
| Open | High | Low | Close | Volume | |
| 0.21 | 0.21 | 0.20 | 0.20 | 189,526 | |
02/29/2024 | 0.20 | 0.21 | 0.20 | 0.20 | 97,254 |
| 0.20 | 0.22 | 0.20 | 0.21 | 232,731 |
| Backtest Enservco | | | Enservco History | | | Enservco Valuation | Previous | Next |
Enservco Trading Date Momentum on February 29, 2024
| On March 01 2024 Enservco Co was traded for 0.21 at the closing time. The top price for the day was 0.22 and the lowest listed price was 0.20 . The trading volume for the day was 232.7 K. The trading history from March 1, 2024 was a factor to the next trading day price increase. The overall trading delta against the next closing price was 5.00% . The overall trading delta against the current closing price is 5.00% . |
Enservco Fundamentals Correlations and Trends
By evaluating Enservco's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enservco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enservco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enservco Stock history
Enservco 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 Enservco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enservco 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 Enservco stock prices may prove useful in developing a viable investing in Enservco
Enservco Corporation, through its subsidiaries, provides well enhancement and fluid management services to the onshore oil and natural gas industry in the United States. Enservco Corporation was incorporated in 1980 and is headquartered in Longmont, Colorado. Enservco Corpporation operates under Oil Gas Equipment Services classification in the United States and is traded on AMEX Exchange. It employs 81 people.
Enservco Stock Technical Analysis
Enservco 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
Enservco Period Price Range
Low | February 29, 2024
| High |
0.20 | 0.20 |
Enservco May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Enservco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enservco shares will generate the highest return on investment. By undertsting and applying Enservco stock market strength indicators, traders can identify Enservco Co entry and exit signals to maximize returns
| Accumulation Distribution | 4631.14 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.21 | |||
| Day Typical Price | 0.2 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 44.95 |
Enservco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enservco's price direction in advance. Along with the technical and fundamental analysis of Enservco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enservco 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 | 0.0364 | |||
| Jensen Alpha | 0.4402 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.029 | |||
| Treynor Ratio | (0.13) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enservco Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Enservco Stock analysis
When running Enservco's price analysis, check to measure Enservco'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 Enservco is operating at the current time. Most of Enservco's value examination focuses on studying past and present price action to predict the probability of Enservco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enservco's price. Additionally, you may evaluate how the addition of Enservco to your portfolios can decrease your overall portfolio volatility.
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Is Enservco'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 Enservco. If investors know Enservco 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 Enservco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Enservco is measured differently than its book value, which is the value of Enservco that is recorded on the company's balance sheet. Investors also form their own opinion of Enservco's value that differs from its market value or its book value, called intrinsic value, which is Enservco'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 Enservco's market value can be influenced by many factors that don't directly affect Enservco'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 Enservco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enservco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enservco'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.