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ENOV Stock Analysis

Data source: Trade-Ideas Alerts | 1 alerts analyzed | Backtest period: 2023-10-20 → 2023-10-20

⚠️ Small sample size (1 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

📍 NYSE 📅 IPO: May 08, 2008 🔗 www.enovis.com
💰 Market Cap: $1.32B 👥 Employees: 7,367
Enovis Corp is a medical technology company that offers medical devices and services across the continuum of patient care, from injury prevention to joint replacement to rehabilitation after surgery, injury, or degenerative disease. Its reportable segments are Prevention & Recovery (P&R) and Reconstructive (Recon). The company generates the maximum revenue from the Prevention & Recovery segment, which includes products that are used to treat patients with musculoskeletal conditions resulting from degenerative diseases, deformities, traumatic events, and sports-related injuries. The Reconstructive segment provides a suite of reconstructive joint products for the hip, knee, shoulder, elbow, foot, ankle, and surgical productivity tools. Geographically, it derives key revenue from the U.S.
📊
1
Total Alerts
🎯
100.0%
Win Rate (5MIN)
💰
+0.58%
Avg Gain (5MIN)
🚀
+1.57%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 100.0%
Avg Gain: +0.58%
Avg Winner: +0.58%
Avg Loser: +0.00%
Best: +0.58%
Worst: +0.58%
Trades: 1/0

15MIN

Win Rate: 100.0%
Avg Gain: +0.84%
Avg Winner: +0.84%
Avg Loser: +0.00%
Best: +0.84%
Worst: +0.84%
Trades: 1/0

30MIN

Win Rate: 100.0%
Avg Gain: +0.07%
Avg Winner: +0.07%
Avg Loser: +0.00%
Best: +0.07%
Worst: +0.07%
Trades: 1/0

60MIN

Win Rate: 0.0%
Avg Gain: -0.21%
Avg Winner: +0.00%
Avg Loser: -0.21%
Best: -0.21%
Worst: -0.21%
Trades: 0/1

EOD (End of Day)

Win Rate: 0.0%
Avg Gain: -0.25%
Avg Winner: +0.00%
Avg Loser: -0.25%
Best: -0.25%
Worst: -0.25%
Trades: 0/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +1.57%
Best MFE: +1.57%
Avg Time to MFE: 12 min

On average, ENOV alerts reach +1.57% profit potential within 12 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.65%
Worst MAE: -0.65%
Avg Time to MAE: 4 min

Before reaching MFE, expect an average drawdown of 0.65%.

⚖️ Risk/Reward Ratio

2.41:1

Excellent risk/reward - potential gain is 2.41x the typical drawdown.

💡 Trading Insight: Based on 1 alerts, ENOV typically reaches +1.57% profit before pulling back. Consider setting profit targets around 1.3% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 1
Gap Up % 0.0%
Avg Gap +0.00%
Best Gap +0.00%

🏭 Sector Comparison: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES

How ENOV compares to 16 other tickers in the same sector.

5-Min Gain
ENOV: +0.58% Sector: -0.30% +0.88%
EOD Gain
ENOV: -0.25% Sector: +3169.91% -3170.16%
Avg MFE
ENOV: +1.57% Sector: +6.07% -4.50%

📋 Last 20 Alerts

Historical ENOV alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2023-10-20 09:27:00 $44.58 +0.58% +0.84% +0.07% -0.21% -0.25% +1.57% -0.65% - WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 100.0% Baseline on ENOV

The 100.0% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push ENOV's performance to 75%+.

Optimize ENOV Strategy →

Why Analyze ENOV with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for ENOV. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, ENOV historically offers an average upside of +1.57% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 ENOV Momentum Personality

With a baseline win rate of 100.0%, ENOV shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show ENOV performs best on the 5MIN timeframe (Avg Gain: +0.58%), signaling that gains often fade later in the session.