Identiv Stock Price on June 3, 2024
| INVE Stock | USD 3.87 0.15 4.03% |
If you're considering investing in Identiv Stock, it is important to understand the factors that can impact its price. As of today, the current price of Identiv stands at 3.87, as last reported on the 28th of November, with the highest price reaching 3.88 and the lowest price hitting 3.64 during the day. Identiv appears to be relatively risky, given 3 months investment horizon. Identiv holds Efficiency (Sharpe) Ratio of 0.096, which attests that the entity had a 0.096% return per unit of risk over the last 3 months. We have found thirty technical indicators for Identiv, which you can use to evaluate the volatility of the firm. Please utilize Identiv's Downside Deviation of 2.12, risk adjusted performance of 0.0808, and Market Risk Adjusted Performance of (0.36) to validate if our risk estimates are consistent with your expectations.
Identiv Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Identiv |
Sharpe Ratio = 0.096
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Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Identiv is performing at about 7% 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 Identiv by adding it to a well-diversified portfolio.
Identiv Valuation on June 3, 2024
It is possible to determine the worth of Identiv on a given historical date. On June 3, 2024 Identiv was worth 4.36 at the beginning of the trading date compared to the closed value of 4.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Identiv stock. Still, in general, we apply an absolute valuation method to find Identiv'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 Identiv where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Identiv's related companies.
| Open | High | Low | Close | Volume | |
| 4.41 | 4.43 | 4.26 | 4.35 | 128,767 | |
06/03/2024 | 4.36 | 4.39 | 4.28 | 4.39 | 112,068 |
| 4.36 | 4.43 | 4.16 | 4.19 | 116,699 |
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Identiv Trading Date Momentum on June 3, 2024
| On June 04 2024 Identiv was traded for 4.19 at the closing time. The top price for the day was 4.43 and the lowest listed price was 4.16 . The trading volume for the day was 116.7 K. The trading history from June 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.56% . The trading delta at closing time against the current closing price is 7.29% . |
Identiv Fundamentals Correlations and Trends
By evaluating Identiv'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 Identiv's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Identiv financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Identiv Stock history
Identiv 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 Identiv is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Identiv 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 Identiv stock prices may prove useful in developing a viable investing in Identiv
Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, Europe, the Middle East, and the Asia-Pacific. Identiv, Inc. was founded in 1990 and is headquartered in Fremont, California. Identiv operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 329 people.
Identiv Stock Technical Analysis
Identiv 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
Identiv Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Identiv 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.
Identiv November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Identiv stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Identiv shares will generate the highest return on investment. By undertsting and applying Identiv stock market strength indicators, traders can identify Identiv entry and exit signals to maximize returns
Identiv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Identiv's price direction in advance. Along with the technical and fundamental analysis of Identiv Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Identiv 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 | 0.0808 | |||
| Jensen Alpha | 0.3297 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0642 | |||
| Treynor Ratio | (0.37) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Identiv Stock analysis
When running Identiv's price analysis, check to measure Identiv'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 Identiv is operating at the current time. Most of Identiv's value examination focuses on studying past and present price action to predict the probability of Identiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Identiv's price. Additionally, you may evaluate how the addition of Identiv to your portfolios can decrease your overall portfolio volatility.
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