Innovative Capital Surpluse from 2010 to 2024

IIPR Stock  USD 107.12  1.35  1.28%   
Innovative Industrial Capital Surpluse yearly trend continues to be relatively stable with very little volatility. Capital Surpluse is likely to grow to about 2.5 B this year. During the period from 2010 to 2024, Innovative Industrial Capital Surpluse destribution of quarterly values had range of 2.4 B from its regression line and mean deviation of  844,889,836. View All Fundamentals
 
Capital Surpluse  
First Reported
2016-12-31
Previous Quarter
2.1 B
Current Value
2.1 B
Quarterly Volatility
814.4 M
 
Covid
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 Depreciation And Amortization of 38.1 M, Interest Expense of 8.3 M or Selling General Administrative of 45 M, as well as many indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.076 or PTB Ratio of 1.35. Innovative financial statements analysis is a perfect complement when working with Innovative Industrial Valuation or Volatility modules.
  
Check out the analysis of Innovative Industrial Correlation against competitors.

Latest Innovative Industrial's Capital Surpluse Growth Pattern

Below is the plot of the Capital Surpluse of Innovative Industrial Properties over the last few years. It is Innovative Industrial's Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innovative Industrial's overall financial position and show how it may be relating to other accounts over time.
Capital Surpluse10 Years Trend
Slightly volatile
   Capital Surpluse   
       Timeline  

Innovative Capital Surpluse Regression Statistics

Arithmetic Mean765,867,477
Geometric Mean256,417,631
Coefficient Of Variation125.62
Mean Deviation844,889,836
Median64,828,000
Standard Deviation962,100,050
Sample Variance925636.5T
Range2.4B
R-Value0.88
Mean Square Error226747.9T
R-Squared0.77
Significance0.000016
Slope189,087,921
Total Sum of Squares12958911.1T

Innovative Capital Surpluse History

20242.5 B
20232.4 B
20222.1 B
20211.7 B
20201.6 B
2019553.9 M
2018250.3 M

About Innovative Industrial Financial Statements

Innovative Industrial shareholders use historical fundamental indicators, such as Capital Surpluse, 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. The changes in Innovative Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Innovative Industrial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Surpluse2.4 B2.5 B

Pair Trading with Innovative Industrial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovative Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovative Industrial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Innovative Stock

  0.79O Realty IncomePairCorr

Moving against Innovative Stock

  0.64ROIC Retail OpportunityPairCorr
  0.58IVT Inventrust PropertiesPairCorr
  0.56BRX Brixmor PropertyPairCorr
  0.53KRG Kite Realty GroupPairCorr
  0.52KIM Kimco RealtyPairCorr
The ability to find closely correlated positions to Innovative Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovative Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovative Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovative Industrial Properties to buy it.
The correlation of Innovative Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovative Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovative Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovative Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Innovative Stock Analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.