Innoviz Technologies Stock Probability of Future Stock Price Finishing Under 0.53
| INVZ Stock | USD 0.53 0.01 1.92% |
Innoviz |
Innoviz Technologies Target Price Odds to finish below 0.53
The tendency of Innoviz Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 0.53 | 90 days | 0.53 | nearly 4.68 |
Based on a normal probability distribution, the odds of Innoviz Technologies to move below current price in 90 days from now is nearly 4.68 (This Innoviz Technologies probability density function shows the probability of Innoviz Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.42 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Innoviz Technologies will likely underperform. Additionally Innoviz Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Innoviz Technologies Price Density |
| Price |
Predictive Modules for Innoviz Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innoviz Technologies. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innoviz Technologies' 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.
Innoviz Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innoviz Technologies is not an exception. The market had few large corrections towards the Innoviz Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Innoviz Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innoviz Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.64 | |
β | Beta against Dow Jones | 2.42 | |
σ | Overall volatility | 0.1 | |
Ir | Information ratio | -0.1 |
Innoviz Technologies Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Innoviz Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innoviz Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Innoviz Technologies generated a negative expected return over the last 90 days | |
| Innoviz Technologies has high historical volatility and very poor performance | |
| Innoviz Technologies has some characteristics of a very speculative penny stock | |
| Innoviz Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 20.88 M. Net Loss for the year was (123.45 M) with loss before overhead, payroll, taxes, and interest of (8.76 M). | |
| Innoviz Technologies currently holds about 217.89 M in cash with (93.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from thelincolnianonline.com: Innoviz Technologies Price Target Cut to 0.75 by Analysts at The Goldman Sachs Group |
Innoviz Technologies Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Innoviz Stock often depends not only on the future outlook of the current and potential Innoviz Technologies' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Innoviz Technologies' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 147.5 M | |
| Cash And Short Term Investments | 145.4 M |
Innoviz Technologies Technical Analysis
Innoviz Technologies' future price can be derived by breaking down and analyzing its technical indicators over time. Innoviz Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Innoviz Technologies. In general, you should focus on analyzing Innoviz Stock price patterns and their correlations with different microeconomic environments and drivers.
Innoviz Technologies Predictive Forecast Models
Innoviz Technologies' time-series forecasting models is one of many Innoviz Technologies' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Innoviz Technologies' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Innoviz Technologies
Checking the ongoing alerts about Innoviz Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innoviz Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Innoviz Technologies generated a negative expected return over the last 90 days | |
| Innoviz Technologies has high historical volatility and very poor performance | |
| Innoviz Technologies has some characteristics of a very speculative penny stock | |
| Innoviz Technologies has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 20.88 M. Net Loss for the year was (123.45 M) with loss before overhead, payroll, taxes, and interest of (8.76 M). | |
| Innoviz Technologies currently holds about 217.89 M in cash with (93.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.61, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from thelincolnianonline.com: Innoviz Technologies Price Target Cut to 0.75 by Analysts at The Goldman Sachs Group |
Additional Tools for Innoviz Stock Analysis
When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' 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 Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.