Innovative International Acquisition Stock Short Ratio
IOACUDelisted Stock | USD 11.14 0.00 0.00% |
Innovative International Acquisition fundamentals help investors to digest information that contributes to Innovative International's financial success or failures. It also enables traders to predict the movement of Innovative Stock. The fundamental analysis module provides a way to measure Innovative International'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 Innovative International stock.
Innovative |
Innovative International Acquisition Company Short Ratio Analysis
Innovative International's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Innovative International Short Ratio | 1.77 X |
Most of Innovative International's fundamental indicators, such as Short Ratio, 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, Innovative International Acquisition is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
CompetitionBased on the latest financial disclosure, Innovative International Acquisition has a Short Ratio of 1.77 times. This is 72.47% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The short ratio for all United States stocks is 55.75% higher than that of the company.
Innovative Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovative International's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Innovative International could also be used in its relative valuation, which is a method of valuing Innovative International by comparing valuation metrics of similar companies.Innovative International is currently under evaluation in short ratio category among its peers.
Innovative Fundamentals
Current Valuation | 116.6 M | |||
Number Of Shares Shorted | 8.15 K | |||
EBITDA | (8.01 M) | |||
Net Income | (4.63 M) | |||
Cash And Equivalents | 587.58 K | |||
Cash Per Share | 0.02 X | |||
Total Debt | 500 K | |||
Debt To Equity | 0.04 % | |||
Current Ratio | 6.91 X | |||
Book Value Per Share | (1.96) X | |||
Cash Flow From Operations | (1.47 M) | |||
Short Ratio | 1.77 X | |||
Earnings Per Share | (0.06) X | |||
Total Asset | 238.21 M | |||
Retained Earnings | (18.81 M) | |||
Working Capital | (6.71 M) | |||
Z Score | -0.26 | |||
Net Asset | 238.21 M |
About Innovative International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Innovative International Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovative International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovative International Acquisition 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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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Other Consideration for investing in Innovative Stock
If you are still planning to invest in Innovative International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovative International's history and understand the potential risks before investing.
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