Innovid Corp Stock Beta

CTV Stock

USD 3.14 0.00 0.00%

Innovid Corp fundamentals help investors to digest information that contributes to Innovid Corp's financial success or failures. It also enables traders to predict the movement of Innovid Stock. The fundamental analysis module provides a way to measure Innovid Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovid Corp stock.

Short Long Term Debt Total Total Assets

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Innovid Corp Company Beta Analysis

Innovid Corp's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Innovid Corp Beta

3.09

Most of Innovid Corp's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Innovid Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Innovid Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Innovid Corp is extremely important. It helps to project a fair market value of Innovid Stock properly, considering its historical fundamentals such as Beta. Since Innovid Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Innovid Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Innovid Corp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Cash And Equivalents	Net Working Capital	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Long Term Debt
Total Assets		0.97	0.96	-0.52	-0.42	-0.96	0.69	0.95	0.87	0.43	0.96	-0.93	0.97	0.81	0.81	0.68	0.75	0.61	0.87	0.81	0.9	0.99
Total Stockholder Equity	0.97		1.0	-0.54	-0.43	-0.99	0.73	0.91	0.91	0.37	1.0	-0.95	1.0	0.82	0.81	0.71	0.77	0.64	0.9	0.81	0.94	0.95
Net Tangible Assets	0.96	1.0		-0.55	-0.42	-0.99	0.72	0.92	0.91	0.36	1.0	-0.94	1.0	0.81	0.82	0.7	0.76	0.63	0.91	0.82	0.95	0.95
Current Deferred Revenue	-0.52	-0.54	-0.55		-0.5	0.56	0.11	-0.59	-0.83	-0.45	-0.55	0.38	-0.55	0.03	-0.71	0.2	0.12	0.27	-0.84	-0.71	-0.77	-0.41
Net Debt	-0.42	-0.43	-0.42	-0.5		0.4	-0.89	-0.23	-0.01	0.08	-0.42	0.6	-0.41	-0.86	-0.02	-0.94	-0.9	-0.88	0.0	-0.02	-0.11	-0.53
Retained Earnings	-0.96	-0.99	-0.99	0.56	0.4		-0.68	-0.92	-0.91	-0.32	-0.99	0.93	-0.99	-0.8	-0.8	-0.68	-0.74	-0.61	-0.9	-0.8	-0.95	-0.94
Accounts Payable	0.69	0.73	0.72	0.11	-0.89	-0.68		0.49	0.39	0.22	0.71	-0.86	0.71	0.94	0.35	0.97	0.96	0.89	0.39	0.35	0.47	0.76
Net Receivables	0.95	0.91	0.92	-0.59	-0.23	-0.92	0.49		0.9	0.32	0.92	-0.8	0.92	0.69	0.89	0.52	0.61	0.49	0.9	0.89	0.92	0.92
Good Will	0.87	0.91	0.91	-0.83	-0.01	-0.91	0.39	0.9		0.45	0.91	-0.77	0.91	0.51	0.89	0.35	0.43	0.3	1.0	0.89	0.99	0.81
Short Term Investments	0.43	0.37	0.36	-0.45	0.08	-0.32	0.22	0.32	0.45		0.35	-0.33	0.37	0.15	0.18	0.1	0.12	0.17	0.48	0.18	0.38	0.38
Capital Surpluse	0.96	1.0	1.0	-0.55	-0.42	-0.99	0.71	0.92	0.91	0.35		-0.94	1.0	0.81	0.83	0.7	0.76	0.63	0.91	0.83	0.95	0.94
Total Liab	-0.93	-0.95	-0.94	0.38	0.6	0.93	-0.86	-0.8	-0.77	-0.33	-0.94		-0.94	-0.88	-0.7	-0.8	-0.84	-0.68	-0.77	-0.7	-0.82	-0.95
Net Invested Capital	0.97	1.0	1.0	-0.55	-0.41	-0.99	0.71	0.92	0.91	0.37	1.0	-0.94		0.81	0.82	0.7	0.76	0.63	0.91	0.82	0.95	0.95
Total Current Assets	0.81	0.82	0.81	0.03	-0.86	-0.8	0.94	0.69	0.51	0.15	0.81	-0.88	0.81		0.49	0.98	0.99	0.93	0.5	0.49	0.59	0.87
Capital Stock	0.81	0.81	0.82	-0.71	-0.02	-0.8	0.35	0.89	0.89	0.18	0.83	-0.7	0.82	0.49		0.32	0.41	0.23	0.88	1.0	0.9	0.76
Cash And Equivalents	0.68	0.71	0.7	0.2	-0.94	-0.68	0.97	0.52	0.35	0.1	0.7	-0.8	0.7	0.98	0.32		0.99	0.96	0.34	0.32	0.44	0.75
Net Working Capital	0.75	0.77	0.76	0.12	-0.9	-0.74	0.96	0.61	0.43	0.12	0.76	-0.84	0.76	0.99	0.41	0.99		0.95	0.42	0.41	0.52	0.81
Short Term Debt	0.61	0.64	0.63	0.27	-0.88	-0.61	0.89	0.49	0.3	0.17	0.63	-0.68	0.63	0.93	0.23	0.96	0.95		0.29	0.23	0.38	0.67
Intangible Assets	0.87	0.9	0.91	-0.84	0.0	-0.9	0.39	0.9	1.0	0.48	0.91	-0.77	0.91	0.5	0.88	0.34	0.42	0.29		0.88	0.99	0.8
Common Stock	0.81	0.81	0.82	-0.71	-0.02	-0.8	0.35	0.89	0.89	0.18	0.83	-0.7	0.82	0.49	1.0	0.32	0.41	0.23	0.88		0.9	0.76
Property Plant Equipment	0.9	0.94	0.95	-0.77	-0.11	-0.95	0.47	0.92	0.99	0.38	0.95	-0.82	0.95	0.59	0.9	0.44	0.52	0.38	0.99	0.9		0.85
Short Long Term Debt	0.99	0.95	0.95	-0.41	-0.53	-0.94	0.76	0.92	0.81	0.38	0.94	-0.95	0.95	0.87	0.76	0.75	0.81	0.67	0.8	0.76	0.85

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Innovid Corp

In accordance with the recently published financial statements, Innovid Corp has a Beta of 3.09. This is 141.41% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The beta for all United States stocks is notably lower than that of the firm.

Innovid Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovid Corp's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovid Corp could also be used in its relative valuation, which is a method of valuing Innovid Corp by comparing valuation metrics of similar companies.

Innovid Corp is currently under evaluation in beta category among its peers.

Innovid Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Innovid Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Innovid Corp's managers, analysts, and investors.

Environmental

Governance

Social

Innovid Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Innovid Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Innovid Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Innovid Corp's value.

		Shares
Abc Arbitrage Sa	2024-12-31	607.1 K
Bridgeway Capital Management, Llc	2024-09-30	573 K
Tokio Marine Asset Management Co Ltd	2024-12-31	522.7 K
Jpmorgan Chase & Co	2024-09-30	410.5 K
Connor Clark & Lunn Inv Mgmt Ltd	2024-09-30	402.4 K
Renaissance Technologies Corp	2024-09-30	377.1 K
Charles Schwab Investment Management Inc	2024-12-31	340.9 K
Morgan Stanley - Brokerage Accounts	2024-09-30	322.8 K
Keebeck Alpha, Lp	2024-12-31	296.1 K
Sc Israel Iv Genpar, Ltd.	2024-09-30	9.7 M
Phoenix Financial Ltd	2024-09-30	8 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Innovid Corp will likely underperform.

Innovid Fundamentals

	Return On Equity	-0.0702
	Return On Asset	-0.0257
	Profit Margin	(0.09) %
	Operating Margin	(0.04) %
	Current Valuation	450.54 M
	Shares Outstanding	150.92 M
	Shares Owned By Insiders	7.27 %
	Shares Owned By Institutions	55.65 %
	Number Of Shares Shorted	3.46 M
	Price To Earning	23.87 X
	Price To Book	2.38 X
	Price To Sales	3.13 X
	Revenue	139.88 M
	Gross Profit	116.29 M
	EBITDA	(5.46 M)
	Net Income	(31.91 M)
	Cash And Equivalents	47.54 M
	Cash Per Share	0.33 X
	Total Debt	21.83 M
	Debt To Equity	0.09 %
	Current Ratio	2.69 X
	Book Value Per Share	1.35 X
	Cash Flow From Operations	12.44 M
	Short Ratio	1.72 X
	Earnings Per Share	(0.09) X
	Target Price	3.15
	Number Of Employees	466
	Beta	3.09
	Market Capitalization	473.89 M
	Total Asset	249.96 M
	Retained Earnings	(182.8 M)
	Working Capital	76.12 M
	Current Asset	1.74 B
	Current Liabilities	589.13 M
	Net Asset	249.96 M

About Innovid Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovid Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovid Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovid Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Innovid Stock Analysis

When running Innovid Corp's price analysis, check to measure Innovid 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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid 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 Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.

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