Innovate Corp Stock Price on November 25, 2024
| VATE Stock | USD 5.92 0.07 1.17% |
Below is the normalized historical share price chart for Innovate Corp extending back to July 13, 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 Innovate Corp stands at 5.92, as last reported on the 25th of November, with the highest price reaching 6.54 and the lowest price hitting 5.87 during the day.
If you're considering investing in Innovate Stock, it is important to understand the factors that can impact its price. Innovate Corp appears to be very risky, given 3 months investment horizon. Innovate Corp holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating Innovate Corp's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Innovate Corp's Market Risk Adjusted Performance of 0.3601, risk adjusted performance of 0.096, and Downside Deviation of 5.9 to validate if our risk estimates are consistent with your expectations.
The current year's Liabilities And Stockholders Equity is expected to grow to about 1.7 B, whereas Total Stockholder Equity is projected to grow to (141.6 M). . At present, Innovate Corp's Price To Free Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. Innovate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2009 | 200 Day MA 5.9525 | 50 Day MA 4.7348 | Beta 2.073 |
Innovate |
Sharpe Ratio = 0.1185
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Estimated Market Risk
| 7.26 actual daily | 64 64% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Innovate Corp is performing at about 9% 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 Innovate Corp by adding it to a well-diversified portfolio.
Price Book 0.7427 | Enterprise Value Ebitda 9.775 | Price Sales 0.0645 | Shares Float 4.6 M | Earnings Share (3.08) |
Innovate Corp Valuation on November 25, 2024
It is possible to determine the worth of Innovate Corp on a given historical date. On November 25, 2024 Innovate was worth 6.1 at the beginning of the trading date compared to the closed value of 5.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovate Corp stock. Still, in general, we apply an absolute valuation method to find Innovate Corp'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 Innovate Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovate Corp's related companies.
| Open | High | Low | Close | Volume | |
| 5.57 | 6.48 | 5.39 | 5.99 | 418,217 | |
11/25/2024 | 6.10 | 6.54 | 5.87 | 5.92 | 79,198 |
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Innovate Corp Trading Date Momentum on November 25, 2024
| On November 25 2024 Innovate Corp was traded for 5.92 at the closing time. The top price for the day was 6.54 and the lowest listed price was 5.87 . The trading volume for the day was 79.2 K. The trading history from November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 3.04% . |
Innovate Corp Fundamentals Correlations and Trends
By evaluating Innovate Corp'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 Innovate Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovate Corp Stock history
Innovate Corp 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 Innovate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovate Corp 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 Innovate Corp stock prices may prove useful in developing a viable investing in Innovate Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.9 M | 7.5 M | |
| Net Loss | -36.7 M | -38.6 M |
Innovate Corp Stock Technical Analysis
Innovate Corp 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
Innovate Corp Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
Innovate Corp 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.
Innovate Corp November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovate Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovate Corp shares will generate the highest return on investment. By undertsting and applying Innovate Corp stock market strength indicators, traders can identify Innovate Corp entry and exit signals to maximize returns
Innovate Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovate Corp's price direction in advance. Along with the technical and fundamental analysis of Innovate Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovate 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 | 0.096 | |||
| Jensen Alpha | 0.53 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.1166 | |||
| Treynor Ratio | 0.3501 |
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Complementary Tools for Innovate Stock analysis
When running Innovate Corp's price analysis, check to measure Innovate Corp'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 Innovate Corp is operating at the current time. Most of Innovate Corp's value examination focuses on studying past and present price action to predict the probability of Innovate Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovate Corp's price. Additionally, you may evaluate how the addition of Innovate Corp to your portfolios can decrease your overall portfolio volatility.
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