Innovative Financial Statements From 2010 to 2024
| IIPR-PA Preferred Stock | USD 26.27 0.19 0.72% |
Check Innovative Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Industrial's main balance sheet or income statement drivers, such as , as well as many indicators such as . Innovative financial statements analysis is a perfect complement when working with Innovative Industrial Valuation or Volatility modules.
Innovative |
Innovative Industrial Properties Company Beta Analysis
Innovative Industrial's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Innovative Industrial Beta | 1.65 |
Most of Innovative Industrial's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovative Industrial Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Innovative Industrial Properties has a Beta of 1.6489. This is 129.01% higher than that of the Real Estate sector and 161.73% higher than that of the REIT - Industrial industry. The beta for all United States preferred stocks is notably lower than that of the firm.
Innovative Industrial Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Innovative Industrial's current stock value. Our valuation model uses many indicators to compare Innovative Industrial value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Innovative Industrial competition to find correlations between indicators driving Innovative Industrial's intrinsic value. More Info.Innovative Industrial Properties is currently regarded as number one stock in price to earning category among its peers. It also is currently regarded as number one stock in price to sales category among its peers fabricating about 0.12 of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Innovative Industrial Properties is roughly 8.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Innovative Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innovative Industrial's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Innovative Industrial Financial Statements
Innovative Industrial stakeholders use historical fundamental indicators, such as Innovative Industrial's revenue or net income, to determine how well the company is positioned to perform in the future. Although Innovative Industrial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Innovative Industrial's assets and liabilities are reflected in the revenues and expenses on Innovative Industrial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Innovative Industrial Properties. Please read more on our technical analysis and fundamental analysis pages.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Innovative Industrial operates under REIT - Industrial classification in USA and is traded on New York Stock Exchange. It employs 7 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Innovative Preferred Stock
Innovative Industrial financial ratios help investors to determine whether Innovative Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innovative with respect to the benefits of owning Innovative Industrial security.