Innodata Stock Price on December 27, 2023
| INOD Stock | USD 41.08 2.75 7.17% |
Below is the normalized historical share price chart for Innodata extending back to August 10, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Innodata stands at 41.08, as last reported on the 29th of November, with the highest price reaching 42.09 and the lowest price hitting 38.79 during the day.
If you're considering investing in Innodata Stock, it is important to understand the factors that can impact its price. Innodata is unstable given 3 months investment horizon. Innodata holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.91% are justified by taking the suggested risk. Use Innodata Downside Deviation of 5.27, risk adjusted performance of 0.114, and Market Risk Adjusted Performance of 0.4186 to evaluate company specific risk that cannot be diversified away.
At present, Innodata's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 4.2 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 41.8 M. . At present, Innodata's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 40.73, whereas Price Earnings Ratio is projected to grow to (239.58). Innodata Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 1993 | 200 Day MA 13.8129 | 50 Day MA 19.3596 | Beta 2.298 |
Innodata |
Sharpe Ratio = 0.18
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Estimated Market Risk
| 10.59 actual daily | 94 94% of assets are less volatile |
Expected Return
| 1.91 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Innodata is performing at about 14% 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 Innodata by adding it to a well-diversified portfolio.
Price Book 23.2992 | Enterprise Value Ebitda 53.1775 | Price Sales 8.0905 | Shares Float 27 M | Wall Street Target Price 46.33 |
Innodata Valuation on December 27, 2023
It is possible to determine the worth of Innodata on a given historical date. On December 27, 2023 Innodata was worth 8.54 at the beginning of the trading date compared to the closed value of 8.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innodata stock. Still, in general, we apply an absolute valuation method to find Innodata'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 Innodata where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innodata's related companies.
| Open | High | Low | Close | Volume | |
| 8.60 | 8.67 | 8.46 | 8.58 | 164,953 | |
12/27/2023 | 8.54 | 8.63 | 8.41 | 8.59 | 178,959 |
| 8.54 | 8.67 | 8.38 | 8.48 | 151,938 |
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Innodata Trading Date Momentum on December 27, 2023
| On December 28 2023 Innodata was traded for 8.48 at the closing time. The top price for the day was 8.67 and the lowest listed price was 8.38 . The trading volume for the day was 151.9 K. The trading history from December 28, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.28% . The trading delta at closing time against the current closing price is 11.76% . |
Innodata Fundamentals Correlations and Trends
By evaluating Innodata'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 Innodata's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innodata financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innodata Stock history
Innodata 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 Innodata is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innodata 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 Innodata stock prices may prove useful in developing a viable investing in Innodata
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.1 M | 27.8 M | |
| Net Loss | -10 M | -9.5 M |
Innodata Quarterly Net Working Capital |
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Innodata Stock Technical Analysis
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.
Price Boundaries
Innodata Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Innodata cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Innodata November 29, 2024 Market Strength
Market strength 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 undertsting and applying Innodata stock market strength indicators, traders can identify Innodata entry and exit signals to maximize returns
Innodata Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innodata's price direction in advance. Along with the technical and fundamental analysis of Innodata Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innodata 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 | 0.114 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.25 | |||
| Treynor Ratio | 0.4086 |
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Complementary Tools for Innodata Stock analysis
When running Innodata's price analysis, check to measure Innodata'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 Innodata is operating at the current time. Most of Innodata's value examination focuses on studying past and present price action to predict the probability of Innodata's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innodata's price. Additionally, you may evaluate how the addition of Innodata to your portfolios can decrease your overall portfolio volatility.
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