Innovative Industrial Properties Preferred Stock Price on November 29, 2024
| IIPR-PA Preferred Stock | USD 26.34 0.07 0.27% |
If you're considering investing in Innovative Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innovative Industrial stands at 26.34, as last reported on the 3rd of December, with the highest price reaching 26.35 and the lowest price hitting 26.28 during the day. At this point, Innovative Industrial is very steady. Innovative Industrial holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Innovative Industrial, which you can use to evaluate the volatility of the firm. Please check out Innovative Industrial's Market Risk Adjusted Performance of (3.09), coefficient of variation of 452.68, and Risk Adjusted Performance of 0.1566 to validate if the risk estimate we provide is consistent with the expected return of 0.0816%.
Innovative Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Innovative |
Sharpe Ratio = 0.2342
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Estimated Market Risk
| 0.35 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Innovative Industrial is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovative Industrial by adding it to a well-diversified portfolio.
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Innovative Industrial Valuation on November 29, 2024
It is possible to determine the worth of Innovative Industrial on a given historical date. On November 29, 2024 Innovative was worth 26.27 at the beginning of the trading date compared to the closed value of 26.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovative Industrial preferred stock. Still, in general, we apply an absolute valuation method to find Innovative Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovative Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovative Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 26.46 | 26.48 | 26.23 | 26.27 | 3,597 | |
11/29/2024 | 26.27 | 26.27 | 26.27 | 26.27 | 6.00 |
| 26.28 | 26.35 | 26.28 | 26.34 | 2,489 |
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Innovative Industrial Trading Date Momentum on November 29, 2024
| On December 02 2024 Innovative Industrial Properties was traded for 26.34 at the closing time. The highest price during the trading period was 26.35 and the lowest recorded bid was listed for 26.28 . The volume for the day was 2.5 K. This history from December 2, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.27% . The trading delta at closing time to the current price is 0.04% . |
Innovative Industrial Fundamentals Correlations and Trends
By evaluating Innovative Industrial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innovative Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovative financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovative Industrial Preferred Stock history
Innovative Industrial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovative Industrial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovative Industrial stock prices may prove useful in developing a viable investing in Innovative Industrial
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.
Innovative Industrial Preferred Stock Technical Analysis
Innovative Industrial technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Innovative Industrial Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Innovative Industrial Properties cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Innovative Industrial December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovative Industrial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovative Industrial shares will generate the highest return on investment. By undertsting and applying Innovative Industrial preferred stock market strength indicators, traders can identify Innovative Industrial Properties entry and exit signals to maximize returns
Innovative Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovative Industrial's price direction in advance. Along with the technical and fundamental analysis of Innovative Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovative to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1566 | |||
| Jensen Alpha | 0.0685 | |||
| Total Risk Alpha | 0.0146 | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (3.10) |
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Complementary Tools for Innovative Preferred 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.
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