Enova International Inc (ENVA)
Enova International, Inc. is a leading technology and analytics firm specializing in online financial services, operating across the United States, Brazil, Australia, and Canada. Headquartered in Chicago, Illinois, Enova leverages advanced data analytics and machine learning to provide a diverse range of financial products, including personal loans, business loans, and lines of credit, tailored to meet the needs of underserved consumers and small businesses. With a commitment to responsible lending and a strong focus on consumer protection, Enova positions itself as a trusted partner in the evolving digital finance landscape.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 52.08% per annum.
- ENVA price at the close of March 27, 2026 was $129.71 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 56.79% per annum.
- ENVA price at the close of March 27, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ENVA price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 10, 2022
End date: March 25, 2026
a = 2.9129
b = 0.0011
s = 0.1123
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 52.08%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1123) – 1
= 56.72%
May 10, 2022 calculations
Top border of price channel:
Exp(Y282)
= Exp(a + b × X282 + 2 × s)
= Exp(a + b × 407 + 2 × s)
= Exp(2.9129 + 0.0011 × 407 + 2 × 0.1123)
= Exp(3.6050)
= $36.78
Bottom border of price channel:
Exp(Y282)
= Exp(a + b × X282 – 2 × s)
= Exp(a + b × 407 – 2 × s)
= Exp(2.9129 + 0.0011 × 407 – 2 × 0.1123)
= Exp(3.1557)
= $23.47
March 25, 2026 calculations
Top border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(2.9129 + 0.0011 × 1,822 + 2 × 0.1123)
= Exp(5.2301)
= $186.82
Bottom border of price channel:
Exp(Y1,253)
= Exp(a + b × X1,253 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(2.9129 + 0.0011 × 1,822 – 2 × 0.1123)
= Exp(4.7809)
= $119.21
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 52.08% per annum.
- ENVA price at the close of March 27, 2026 was $129.71 and was inside the primary price channel.
Secondary Trend
Start date: December 17, 2025
End date: March 27, 2026
a = 9.0990
b = -0.0023
s = 0.0325
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0023) – 1
= -56.79%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0325) – 1
= 13.89%
December 17, 2025 calculations
Top border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 + 2 × s)
= Exp(a + b × 1,724 + 2 × s)
= Exp(9.0990 + -0.0023 × 1,724 + 2 × 0.0325)
= Exp(5.2008)
= $181.41
Bottom border of price channel:
Exp(Y1,187)
= Exp(a + b × X1,187 – 2 × s)
= Exp(a + b × 1,724 – 2 × s)
= Exp(9.0990 + -0.0023 × 1,724 – 2 × 0.0325)
= Exp(5.0707)
= $159.29
March 27, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(9.0990 + -0.0023 × 1,824 + 2 × 0.0325)
= Exp(4.9709)
= $144.15
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(9.0990 + -0.0023 × 1,824 – 2 × 0.0325)
= Exp(4.8408)
= $126.57
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 56.79% per annum.
- ENVA price at the close of March 27, 2026 was inside the secondary price channel.