Enphase Return On Assets from 2010 to 2024
| ENPH Stock | USD 112.05 1.58 1.43% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.1297471 | Current Value 0.14 | Quarterly Volatility 0.27730534 |
Check Enphase Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Enphase main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.4 M, Interest Expense of 9.5 M or Selling General Administrative of 144.7 M, as well as many exotic indicators such as Price To Sales Ratio of 4.42, Dividend Yield of 0.005 or PTB Ratio of 15.29. Enphase financial statements analysis is a perfect complement when working with Enphase Energy Valuation or Volatility modules.
Enphase | Return On Assets |
Latest Enphase Energy's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Enphase Energy over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Enphase Energy's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Enphase Energy's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
|
Return On Assets |
| Timeline |
Enphase Return On Assets Regression Statistics
| Arithmetic Mean | (0.12) | |
| Coefficient Of Variation | (238.40) | |
| Mean Deviation | 0.22 | |
| Median | (0.05) | |
| Standard Deviation | 0.28 | |
| Sample Variance | 0.08 | |
| Range | 1.0339 | |
| R-Value | 0.82 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.67 | |
| Significance | 0.0002 | |
| Slope | 0.05 | |
| Total Sum of Squares | 1.08 |
Enphase Return On Assets History
About Enphase Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Enphase Energy income statement, its balance sheet, and the statement of cash flows. Enphase Energy investors use historical funamental indicators, such as Enphase Energy's Return On Assets, to determine how well the company is positioned to perform in the future. Although Enphase Energy investors may use each financial statement separately, they are all related. The changes in Enphase Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Enphase Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Enphase Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Enphase Energy. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.13 | 0.14 |
Pair Trading with Enphase Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Enphase Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Enphase Energy will appreciate offsetting losses from the drop in the long position's value.Moving against Enphase Stock
| 0.42 | ACLS | Axcelis Technologies Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Enphase Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Enphase Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Enphase Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Enphase Energy to buy it.
The correlation of Enphase Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Enphase Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Enphase Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Enphase Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Enphase Energy Correlation against competitors. 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
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 3.08 | Revenue Per Share 16.798 | Quarterly Revenue Growth (0.58) | Return On Assets 0.0892 |
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.