Innovid Corp Stock Market Value
| CTV Stock | USD 3.03 1.41 87.04% |
| Symbol | Innovid |
Innovid Corp Price To Book Ratio
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovid Corp. If investors know Innovid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovid Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 1.055 | Quarterly Revenue Growth 0.056 | Return On Assets (0.03) | Return On Equity (0.07) |
The market value of Innovid Corp is measured differently than its book value, which is the value of Innovid that is recorded on the company's balance sheet. Investors also form their own opinion of Innovid Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovid Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovid Corp's market value can be influenced by many factors that don't directly affect Innovid Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovid Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovid Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovid Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Innovid Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Innovid Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Innovid Corp.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Innovid Corp on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Innovid Corp or generate 0.0% return on investment in Innovid Corp over 30 days. Innovid Corp is related to or competes with Ziff Davis, Integral, Cimpress, and Deluxe. Innovid Corp. operates an independent software platform that provides ad serving and creative services More
Innovid Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Innovid Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Innovid Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 13.54 | |||
| Value At Risk | (6.01) | |||
| Potential Upside | 5.35 |
Innovid Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovid Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovid Corp's standard deviation. In reality, there are many statistical measures that can use Innovid Corp historical prices to predict the future Innovid Corp's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovid Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Innovid Corp Backtested Returns
Innovid Corp holds Efficiency (Sharpe) Ratio of -0.0459, which attests that the entity had a -0.0459% return per unit of risk over the last 3 months. Innovid Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innovid Corp's Market Risk Adjusted Performance of (0.05), standard deviation of 3.32, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.07, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Innovid Corp will likely underperform. At this point, Innovid Corp has a negative expected return of -0.15%. Please make sure to check out Innovid Corp's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Innovid Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Innovid Corp has average predictability. Overlapping area represents the amount of predictability between Innovid Corp time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovid Corp price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Innovid Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Innovid Corp lagged returns against current returns
Autocorrelation, which is Innovid Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Innovid Corp's stock expected returns. We can calculate the autocorrelation of Innovid Corp returns to help us make a trade decision. For example, suppose you find that Innovid Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Innovid Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Innovid Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovid Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovid Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Innovid Corp Lagged Returns
When evaluating Innovid Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovid Corp stock have on its future price. Innovid Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Innovid Corp autocorrelation shows the relationship between Innovid Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Innovid Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.