Innovative Competitors

Summary

IOACUDelisted Stock

USD 11.14 0.00 0.00%

Innovative International competes with SunLink Health, Lipocine, Tradeweb Markets, Genfit, and Catalyst Pharmaceuticals; as well as few others. The company classifies itself under Capital Markets sector and is part of Financials industry. Analyzing Innovative International competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Innovative International to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Innovative International competition on your existing holdings.

Specify up to 10 symbols:

Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovative International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
11.14	11.14	11.14

Details

Intrinsic

Valuation

Low	Real	High
9.38	9.38	12.25

Details

Innovative International Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Innovative International and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of Innovative and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Innovative International does not affect the price movement of the other competitor.

	SSY	LPCN	TW	GNFT	CPRX	TARS
SSY		0.44	0.32	0.47	0.26	0.19	SSY
LPCN	0.44		0.74	0.68	0.64	0.74	LPCN
TW	0.32	0.74		0.61	0.5	0.68	TW
GNFT	0.47	0.68	0.61		0.33	0.31	GNFT
CPRX	0.26	0.64	0.5	0.33		0.8	CPRX
TARS	0.19	0.74	0.68	0.31	0.8		TARS
	SSY	LPCN	TW	GNFT	CPRX	TARS

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Innovative Stock performing well and Innovative International Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Innovative International's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SSY	2.86	(0.01)	0.00	0.18	0.00	0.00	6.74	(8.05)	20.59
LPCN	3.36	0.53	0.10	2.22	3.89	(3.72)	7.08	(6.14)	27.84
TW	0.91	0.17	0.07	0.55	1.01	(0.94)	1.71	(1.39)	6.60
GNFT	3.07	(0.02)	(0.01)	0.09	4.69	(3.14)	6.17	(6.81)	30.76
CPRX	1.44	(0.05)	(0.03)	0.07	1.71	(1.61)	2.92	(2.52)	9.53
TARS	2.75	0.93	0.40	1.25	1.79	(3.61)	8.19	(3.85)	16.85

Unable to evaluate fundamental data of [SSY, LPCN, TW, GNFT, CPRX, TARS] at this time. Please try again later

All Fundamental Data

Innovative International Competitive Analysis

The better you understand Innovative International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Innovative International's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Innovative International's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	IOACU	SSY	LPCN	TW	GNFT	CPRX	TARS
	0.00 11.14 Innovative	1.32 0.75 SunLink	11.78 4.42 Lipocine	0.98 136.32 Tradeweb	0.70 4.23 Genfit	3.49 21.93 Catalyst	2.77 49.66 Tarsus
Market Volatility (90 Days Market Risk)	Very steady	Abnormally volatile	Somewhat reliable	Very steady	Moderately volatile	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Modest	Good	Very Weak	Modest	Solid
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Low	Below Average	Low	Above Average	Very Low	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Under Valued	Over Valued	Under Valued	Fairly Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Strong Buy	Buy	Strong Buy	Strong Buy	Strong Buy
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Strong Sell	Cautious Hold	Strong Buy	Strong Sell	Strong Hold	Strong Buy
Current Ratio	6.91 X	2.19 X	22.23 X	8.16 X	6.33 X	10.79 X	21.36 X
Net Asset	238.21 M	20.61 M	23 M	7.06 B	173.87 M	470.11 M	265.49 M
Profit Margin	N/A	(0.02) %	(1.77) %	0.28 %	0.28 %	0.31 %	(1.04) %
EBITDA	(8.01 M)	(453 K)	(16.32 M)	733.33 M	(22.24 M)	119.69 M	(131.67 M)
Current Valuation	116.6 M	(1.69 M)	7.72 M	27.63 B	218.56 M	2.09 B	1.6 B
Operating Margin	N/A	(0.15) %	(36.76) %	0.39 %	0.51 %	0.40 %	(0.52) %
Price To Book	N/A	0.35 X	1.44 X	5.05 X	2.06 X	3.82 X	7.76 X
Retained Earnings	(18.81 M)	1.48 M	(199.78 M)	640.38 M	(389.79 M)	121.27 M	(244.66 M)
Current Asset	N/A	17.89 M	29.41 M	1.84 B	305.96 M	59.9 M	N/A
Beta	N/A	1.4	1.19	1.01	1.12	0.76	1.0
Number Of Employees	3	N/A	17	1.18 K	169	167	244
Shares Outstanding	N/A	7.04 M	5.35 M	116.23 M	49.91 M	119.27 M	38.23 M
Cash Flow From Operations	(1.47 M)	(2.98 M)	(11.87 M)	746.09 M	(55.43 M)	143.6 M	(117.49 M)
Annual Yield	N/A	N/A	N/A	0 %	N/A	N/A	N/A
Total Debt	500 K	528 K	17.17 K	27.46 M	70.18 M	3.56 M	31.73 M
Return On Equity	N/A	-0.15	-0.34	0.0849	0.26	0.28	-0.6
Z Score	-0.26	N/A	N/A	N/A	N/A	N/A	N/A
Number Of Shares Shorted	8.15 K	17.88 K	75.2 K	1.2 M	63.36 K	6.01 M	8.16 M
Book Value Per Share	(1.96) X	2.19 X	3.83 X	26.74 X	1.96 X	5.54 X	6.22 X
Return On Asset	N/A	-0.0954	-0.23	0.0742	0.0651	0.18	-0.27
Current Liabilities	N/A	20.05 M	1.57 M	1.13 B	44.21 M	3.44 M	N/A
Total Asset	238.21 M	20.61 M	23 M	7.06 B	173.87 M	470.11 M	265.49 M
Debt To Equity	0.04 %	0.07 %	0.01 %	0.01 %	0.68 %	0.02 %	0.09 %
Short Ratio	1.77 X	1.98 X	2.80 X	1.34 X	3.73 X	8.20 X	11.42 X
Target Price	N/A	2.35	21.5	142.0	9.73	32.25	65.33
Last Dividend Paid	N/A	N/A	N/A	0.39	N/A	N/A	N/A
Shares Owned By Institutions	N/A	13.44 %	9.95 %	99.89 %	0.25 %	81.83 %	91.30 %
Market Capitalization	N/A	6.05 M	26.79 M	29.46 B	214.63 M	2.53 B	1.85 B
Price To Earning	N/A	3.06 X	15.80 X	60.46 X	4.72 X	23.62 X	N/A
Price To Earnings To Growth	N/A	N/A	N/A	3.12 X	N/A	N/A	0.28 X
Price To Sales	N/A	0.17 X	5.58 X	18.07 X	2.67 X	5.49 X	14.25 X
Net Income	(4.63 M)	(1.53 M)	(16.35 M)	419.5 M	(28.89 M)	71.41 M	(135.89 M)
Earnings Per Share	(0.06) X	(0.33) X	(0.75) X	2.08 X	0.39 X	1.18 X	(3.75) X
Shares Owned By Insiders	N/A	26.60 %	2.91 %	0.11 %	N/A	5.98 %	8.70 %
Revenue	N/A	32.44 M	(2.85 M)	1.34 B	28.57 M	398.2 M	17.45 M
Working Capital	(6.71 M)	11.45 M	20.23 M	1.4 B	74.64 M	143.27 M	219.19 M
Cash And Equivalents	587.58 K	4.49 M	37.4 M	959.72 M	209.12 M	220.79 M	245.36 M
Cash Per Share	0.02 X	0.97 X	0.42 X	4.70 X	4.21 X	2.15 X	9.20 X
Gross Profit	N/A	4.71 M	500 K	1.12 B	26.25 M	160.02 M	(17.76 M)
Day Typical Price	11.14	0.75	4.49	135.79	4.23	21.69	49.66
Accumulation Distribution	N/A	69.61	25005.41	18463.26	52.52	46540.45	34195.68
Daily Balance Of Power	0.0	(1.00)	(0.58)	0.4599	(3.00)	0.8315	0.4201
Period Momentum Indicator	N/A	(0.01)	(0.59)	1.32	(0.03)	0.74	1.34
Rate Of Daily Change	1.0	0.99	0.88	1.01	0.99	1.03	1.03
Day Median Price	11.14	0.76	4.52	135.53	4.22	21.58	49.66
Price Action Indicator	N/A	(0.01)	(0.39)	1.45	(0.01)	0.72	0.67
Coefficient Of Variation	1505.92	(19,090)	791.56	579.13	6390.11	2307.53	349.19
Mean Deviation	0.3877	2.86	3.36	0.91	3.07	1.44	2.75
Jensen Alpha	0.0771	(0.01)	0.5343	0.1653	(0.02)	(0.05)	0.9263
Total Risk Alpha	(0.11)	(0.64)	(0.14)	0.0123	(0.64)	(0.22)	0.4633
Sortino Ratio	N/A	N/A	0.102	0.0685	(0.01)	(0.03)	0.3972
Downside Variance	N/A	N/A	19.08	1.8	26.11	3.29	5.19
Standard Deviation	1.17	3.93	4.55	1.28	4.53	1.86	3.61
Kurtosis	13.14	0.9146	1.82	4.63	3.48	0.6048	1.27
Potential Upside	0.3604	6.74	7.08	1.71	6.17	2.92	8.19
Treynor Ratio	(0.85)	0.1838	2.22	0.5522	0.0878	0.0689	1.25
Maximum Drawdown	9.6	20.59	27.84	6.6	30.76	9.53	16.85
Variance	1.37	15.43	20.67	1.63	20.57	3.46	13.02
Market Risk Adjusted Performance	(0.84)	0.1938	2.23	0.5622	0.0978	0.0789	1.26
Risk Adjusted Performance	0.0542	0.0041	0.1049	0.136	0.0203	0.039	0.2267
Skewness	1.24	0.1371	(0.02)	(0.33)	(0.29)	(0.12)	1.01
Semi Deviation	N/A	N/A	3.89	1.01	4.69	1.71	1.79
Information Ratio	(0.04)	(0.04)	0.098	0.072	(0.01)	(0.03)	0.2507
Value At Risk	N/A	(8.05)	(6.14)	(1.39)	(6.81)	(2.52)	(3.85)
Expected Short fall	N/A	N/A	(3.72)	(0.94)	(3.14)	(1.61)	(3.61)
Downside Deviation	N/A	N/A	4.37	1.34	5.11	1.81	2.28
Semi Variance	N/A	N/A	15.14	1.01	21.95	2.93	3.2

Innovative International Competition Performance Charts

Five steps to successful analysis of Innovative International Competition

Innovative International's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Innovative International in relation to its competition. Innovative International's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Innovative International in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Innovative International's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Innovative International, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Innovative International position

In addition to having Innovative International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Computers Thematic Idea Now

Computers

Companies that manufacture and distribute personal and business computers. The Computers theme has 41 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.

View All Next

Launch

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Other Consideration for investing in Innovative Stock

If you are still planning to invest in Innovative International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovative International's history and understand the potential risks before investing.

	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Money Managers Screen money managers from public funds and ETFs managed around the world
	Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges
	Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC