Innodata Stock Alpha and Beta Analysis
| INOD Stock | USD 38.33 2.04 5.05% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Innodata. It also helps investors analyze the systematic and unsystematic risks associated with investing in Innodata over a specified time horizon. Remember, high Innodata's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Innodata's market risk premium analysis include:
Beta 3.51 | Alpha 1.03 | Risk 10.66 | Sharpe Ratio 0.17 | Expected Return 1.82 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Innodata |
Innodata Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Innodata market risk premium is the additional return an investor will receive from holding Innodata long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Innodata. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Innodata's performance over market.| α | 1.03 | β | 3.51 |
Innodata expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Innodata's Buy-and-hold return. Our buy-and-hold chart shows how Innodata performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Innodata Market Price Analysis
Market price analysis indicators help investors to evaluate how Innodata stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innodata shares will generate the highest return on investment. By understating and applying Innodata stock market price indicators, traders can identify Innodata position entry and exit signals to maximize returns.
Innodata Return and Market Media
The median price of Innodata for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 17.62 with a coefficient of variation of 47.68. The daily time series for the period is distributed with a sample standard deviation of 10.78, arithmetic mean of 22.62, and mean deviation of 8.55. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 20000 shares by Forlenza Louise C of Innodata at 1.07 subject to Rule 16b-3 | 09/06/2024 |
2 | Is Innodata Inc. the Best Russell 2000 Stock to Buy According to Analysts | 10/03/2024 |
3 | Disposition of 14944 shares by Jack Abuhoff of Innodata at 1.07 subject to Rule 16b-3 | 10/18/2024 |
4 | Innodata Reaches New 12-Month High Still a Buy | 11/05/2024 |
5 | Innodata Inc Trading 4.79 percent Higher on Nov 12 | 11/12/2024 |
6 | Innodata director Louise Forlenza sells shares worth 1.9 million | 11/15/2024 |
7 | Innodata Shares Gap Up Heres What Happened | 11/18/2024 |
8 | Innodata Inc Stock Price Up 12.76 percent on Nov 19 | 11/19/2024 |
9 | Options Exercise Ashok Mishra At Innodata Realizes 6.32M | 11/20/2024 |
10 | Zacks Investment Ideas feature highlights Innodata and Palantir | 11/21/2024 |
11 | Innodata CEO Jack Abuhoff sells 12.6m in stock | 11/22/2024 |
12 | Disposition of 187099 shares by Jack Abuhoff of Innodata at 1.07 subject to Rule 16b-3 | 11/25/2024 |
13 | Innodata director Stewart Massey sells 91,560 in common stock | 11/26/2024 |
About Innodata Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Innodata or other stocks. Alpha measures the amount that position in Innodata has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 59.54 | 44.02 | 60.1 | 69.32 | PTB Ratio | 5.27 | 4.31 | 8.91 | 9.35 |
Innodata Upcoming Company Events
As portrayed in its financial statements, the presentation of Innodata's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innodata's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Innodata's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Innodata. Please utilize our Beneish M Score to check the likelihood of Innodata's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Innodata
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Innodata Backtesting, Innodata Valuation, Innodata Correlation, Innodata Hype Analysis, Innodata Volatility, Innodata History and analyze Innodata Performance. For information on how to trade Innodata Stock refer to our How to Trade Innodata Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Innodata technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.