Encore Wire Stock Price History

WIRE Stock  USD 262.78  9.59  3.79%   
Below is the normalized historical share price chart for Encore Wire extending back to July 16, 1992. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Encore Wire stands at 262.78, as last reported on the 29th of March, with the highest price reaching 264.01 and the lowest price hitting 253.94 during the day.
IPO Date
16th of July 1992
200 Day MA
193.8916
50 Day MA
228.5902
Beta
1.303
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Encore Stock, it is important to understand the factors that can impact its price. Encore Wire appears to be very steady, given 3 months investment horizon. Encore Wire secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Encore Wire, which you can use to evaluate the volatility of the firm. Please utilize Encore Wire's Downside Deviation of 2.09, semi deviation of 1.77, and Mean Deviation of 1.62 to check if our risk estimates are consistent with your expectations.
  
At present, Encore Wire's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.1 B, whereas Common Stock Total Equity is forecasted to decline to about 271.4 K. . At present, Encore Wire's Price Book Value Ratio is projected to drop based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 3.53, whereas Price Earnings To Growth Ratio is projected to grow to (0.22). Encore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1631

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsWIRE
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.16
  actual daily
19
81% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Encore Wire is performing at about 12% 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 Encore Wire by adding it to a well-diversified portfolio.
Price Book
2.2839
Enterprise Value Ebitda
7.0965
Price Sales
1.5544
Shares Float
15 M
Dividend Share
0.08

Encore Wire Stock Price History Chart

There are several ways to analyze Encore Stock price data. The simplest method is using a basic Encore candlestick price chart, which shows Encore Wire price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 28, 2024262.78
Lowest PriceJanuary 17, 2024209.52

Encore Wire March 29, 2024 Stock Price Synopsis

Various analyses of Encore Wire's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Encore Stock. It can be used to describe the percentage change in the price of Encore Wire from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Encore Stock.
Encore Wire Price Daily Balance Of Power 0.95 
Encore Wire Price Action Indicator 8.60 
Encore Wire Accumulation Distribution 8,424 
Encore Wire Price Rate Of Daily Change 1.04 

Encore Wire March 29, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Encore Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Encore Wire intraday prices and daily technical indicators to check the level of noise trading in Encore Stock and then apply it to test your longer-term investment strategies against Encore.

Encore Stock Price History Data

The price series of Encore Wire for the period between Sat, Dec 30, 2023 and Fri, Mar 29, 2024 has a statistical range of 53.26 with a coefficient of variation of 5.31. The daily prices for the period are distributed with arithmetic mean of 225.94. The median price for the last 90 days is 223.32. The company experienced 3:2 stock split on 17th of August 2004. Encore Wire paid out dividends to its shareholders on 2024-04-04.
OpenHighLowCloseVolume
03/28/2024 254.82  264.01  253.94  262.78  220,860 
03/27/2024 251.53  256.35  251.47  253.19  166,997 
03/26/2024 246.86  250.50  244.01  249.05  178,310 
03/25/2024 242.59  247.95  242.59  245.03  143,603 
03/22/2024 247.91  248.09  244.68  246.65  74,504 
03/21/2024 240.73  249.28  240.73  248.63  165,501 
03/20/2024 230.26  238.38  229.75  237.35  112,394 
03/19/2024 228.65  230.25  225.25  229.71  110,902 
03/18/2024 225.70  233.82  222.39  229.68  160,615 
03/15/2024 220.03  228.18  220.03  225.64  492,983 
03/14/2024 226.69  226.69  218.85  221.86  189,134 
03/13/2024 220.14  227.47  218.67  225.54  323,800 
03/12/2024 221.38  221.50  217.80  218.42  111,238 
03/11/2024 222.50  222.50  218.25  220.68  153,100 
03/08/2024 225.92  229.90  222.00  223.32  126,095 
03/07/2024 221.70  225.02  218.89  224.63  162,718 
03/06/2024 225.44  225.74  221.40  221.52  119,161 
03/05/2024 233.41  234.10  220.47  221.95  170,102 
03/04/2024 241.13  242.16  234.06  234.59  184,078 
03/01/2024 240.52  242.94  237.03  241.57  176,869 
02/29/2024 238.78  241.20  235.50  241.00  201,625 
02/28/2024 231.41  236.85  229.96  235.00  158,810 
02/27/2024 225.72  232.34  224.77  231.38  151,371 
02/26/2024 220.25  226.78  220.25  224.53  130,634 
02/23/2024 218.08  221.26  215.51  220.41  96,083 
02/22/2024 219.15  222.65  216.09  216.59  157,946 
02/21/2024 217.47  219.39  214.47  218.47  165,062 
02/20/2024 223.32  225.97  218.85  219.19  204,569 
02/16/2024 236.88  236.93  226.75  227.17  133,916 
02/15/2024 234.16  238.49  229.00  238.15  203,931 
02/14/2024 245.00  250.00  231.83  232.53  282,379 
02/13/2024 238.62  239.72  232.35  236.34  207,650 
02/12/2024 244.31  246.75  242.25  245.68  132,816 
02/09/2024 238.99  246.43  237.44  244.31  184,289 
02/08/2024 230.35  237.51  228.90  237.15  171,021 
02/07/2024 224.86  230.43  223.57  230.21  76,993 
02/06/2024 225.51  227.97  221.74  223.40  78,675 
02/05/2024 229.37  229.61  222.90  226.18  108,168 
02/02/2024 229.93  233.01  228.25  231.74  106,087 
02/01/2024 227.75  232.80  226.65  231.28  173,906 
01/31/2024 230.04  230.85  224.43  225.50  162,440 
01/30/2024 220.06  234.29  218.86  229.77  261,500 
01/29/2024 221.67  222.37  219.56  221.14  110,399 
01/26/2024 221.33  223.18  218.89  220.83  98,046 
01/25/2024 220.00  220.33  217.59  219.14  99,930 
01/24/2024 219.14  221.91  215.02  216.42  125,310 
01/23/2024 220.79  221.89  214.62  215.32  119,492 
01/22/2024 213.39  218.17  213.08  217.91  201,788 
01/19/2024 213.20  214.32  210.00  212.00  110,173 
01/18/2024 211.80  212.24  208.06  212.24  126,670 
01/17/2024 208.37  213.00  208.33  209.52  155,995 
01/16/2024 214.11  215.61  211.02  211.59  195,201 
01/12/2024 216.75  217.01  213.69  216.31  133,972 
01/11/2024 213.76  215.18  211.52  214.79  173,030 
01/10/2024 212.32  214.13  210.47  213.49  87,505 
01/09/2024 211.95  213.70  207.00  213.22  137,449 
01/08/2024 216.06  216.06  213.72  215.00  185,834 
01/05/2024 217.53  218.57  214.07  214.87  191,882 
01/04/2024 215.14  219.66  212.32  219.18  182,650 
01/03/2024 214.42  215.95  210.03  214.60  415,100 
01/02/2024 212.47  219.62  212.34  215.00  283,700 

About Encore Wire Stock history

Encore Wire 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 Encore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Encore Wire 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 Encore Wire stock prices may prove useful in developing a viable investing in Encore Wire
Last ReportedProjected for 2024
Common Stock Shares Outstanding17.2 M19.3 M
Net Income Applicable To Common Shares825.5 M866.8 M

Encore Wire Quarterly Net Working Capital

1.05 Billion

Encore Wire Stock Technical Analysis

Encore Wire 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.
A focus of Encore Wire technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Encore Wire trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Idea Analyzer Now

   

Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module

Encore Wire Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Encore Wire's price direction in advance. Along with the technical and fundamental analysis of Encore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Encore 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.
When determining whether Encore Wire is a strong investment it is important to analyze Encore Wire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Encore Wire's future performance. For an informed investment choice regarding Encore Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Encore Wire. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Encore Stock refer to our How to Trade Encore Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Encore Stock analysis

When running Encore Wire's price analysis, check to measure Encore Wire'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 Encore Wire is operating at the current time. Most of Encore Wire's value examination focuses on studying past and present price action to predict the probability of Encore Wire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encore Wire's price. Additionally, you may evaluate how the addition of Encore Wire to your portfolios can decrease your overall portfolio volatility.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Is Encore Wire'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 Encore Wire. If investors know Encore 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 Encore Wire 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
(0.50)
Dividend Share
0.08
Earnings Share
21.62
Revenue Per Share
152.179
Quarterly Revenue Growth
(0.09)
The market value of Encore Wire is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire'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 Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire'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 Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Encore Wire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire'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.