Inventronics Stock Price on September 13, 2024
| IVX Stock | CAD 0.74 0.05 7.25% |
Below is the normalized historical share price chart for Inventronics extending back to January 29, 2009. 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 Inventronics stands at 0.74, as last reported on the 24th of November, with the highest price reaching 0.74 and the lowest price hitting 0.64 during the day.
If you're considering investing in Inventronics Stock, it is important to understand the factors that can impact its price. At this stage we consider Inventronics Stock to be abnormally volatile. Inventronics holds Efficiency (Sharpe) Ratio of 0.0144, which attests that the entity had a 0.0144% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Inventronics, which you can use to evaluate the volatility of the firm. Please check out Inventronics' Standard Deviation of 4.18, risk adjusted performance of (0.0008), and Market Risk Adjusted Performance of (0.08) to validate if the risk estimate we provide is consistent with the expected return of 0.0565%.
At this time, Inventronics' Common Stock is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 57.2 K in 2024. . At this time, Inventronics' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 13.02 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 3.00 in 2024. Inventronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.7904 | 50 Day MA 0.7378 | Beta 0.316 |
Inventronics |
Sharpe Ratio = 0.0144
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Estimated Market Risk
| 3.93 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Inventronics is performing at about 1% 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 Inventronics by adding it to a well-diversified portfolio.
Price Book 1.4552 | Enterprise Value Ebitda 38.1989 | Price Sales 0.6217 | Shares Float 1.6 M | Earnings Share (0.03) |
Inventronics Valuation on September 13, 2024
It is possible to determine the worth of Inventronics on a given historical date. On September 13, 2024 Inventronics was worth 0.79 at the beginning of the trading date compared to the closed value of 0.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Inventronics stock. Still, in general, we apply an absolute valuation method to find Inventronics' 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 Inventronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Inventronics' related companies.
| Open | High | Low | Close | Volume | |
| 0.79 | 0.79 | 0.79 | 0.79 | 1.00 | |
09/13/2024 | 0.79 | 0.79 | 0.79 | 0.79 | 1.00 |
| 0.79 | 0.79 | 0.79 | 0.79 | 1.00 |
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Inventronics Trading Date Momentum on September 13, 2024
| On September 16 2024 Inventronics was traded for 0.79 at the closing time. The highest daily price throughout the period was 0.79 and the lowest price was 0.79 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Inventronics Fundamentals Correlations and Trends
By evaluating Inventronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Inventronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Inventronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Inventronics Stock history
Inventronics 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 Inventronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Inventronics 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 Inventronics stock prices may prove useful in developing a viable investing in Inventronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.9 M | 5 M | |
| Net Income Applicable To Common Shares | 2.2 M | 2.3 M |
Inventronics Quarterly Net Working Capital |
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Inventronics Stock Technical Analysis
Inventronics 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
Inventronics Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Inventronics cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Inventronics November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Inventronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Inventronics shares will generate the highest return on investment. By undertsting and applying Inventronics stock market strength indicators, traders can identify Inventronics entry and exit signals to maximize returns
Inventronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Inventronics' price direction in advance. Along with the technical and fundamental analysis of Inventronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Inventronics 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 | (0.0008) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.09) |
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Additional Tools for Inventronics Stock Analysis
When running Inventronics' price analysis, check to measure Inventronics' 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 Inventronics is operating at the current time. Most of Inventronics' value examination focuses on studying past and present price action to predict the probability of Inventronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inventronics' price. Additionally, you may evaluate how the addition of Inventronics to your portfolios can decrease your overall portfolio volatility.