Dimensional Fund Advisors LP Adjusts Stake in Dril-Quip Inc
| INVX Stock | 14.93 0.02 0.13% |
Slightly above 61% of Innovex International,'s investor base is looking to short. The analysis of overall sentiment of trading Innovex International, stock suggests that many investors are alarmed at this time. Innovex International,'s investing sentiment can be driven by a variety of factors including economic data, Innovex International,'s earnings reports, geopolitical events, and overall market trends.
On September 30, 2024, Dimensional Fund Advisors LP executed a significant transaction by reducing its holdings in Dril-Quip Inc , a key player in the oil
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Innovex International, Fundamental Analysis
We analyze Innovex International,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovex International, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovex International, 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.
Current Asset
Current Asset Comparative Analysis
Innovex International, is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Innovex International, Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Innovex International, stock to make a market-neutral strategy. Peer analysis of Innovex International, could also be used in its relative valuation, which is a method of valuing Innovex International, by comparing valuation metrics with similar companies.
Peers
Innovex International, Related Equities
| TTC | Toro | 1.77 | ||||
| SEE | Sealed Air | 1.73 | ||||
| MOS | Mosaic | 1.56 | ||||
| SCL | Stepan | 1.43 | ||||
| PG | Procter Gamble | 0.54 | ||||
| SKX | Skechers USA | 0.02 | ||||
| LECO | Lincoln Electric | 0.00 | ||||
| XFABF | X-FAB Silicon | 2.48 |
Additional Tools for Innovex Stock Analysis
When running Innovex International,'s price analysis, check to measure Innovex International,'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 Innovex International, is operating at the current time. Most of Innovex International,'s value examination focuses on studying past and present price action to predict the probability of Innovex International,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovex International,'s price. Additionally, you may evaluate how the addition of Innovex International, to your portfolios can decrease your overall portfolio volatility.