Inno Holdings Common Stock Market Value
| INHD Stock | 4.60 0.26 5.35% |
| Symbol | Inno |
Is Construction Materials 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 Inno Holdings. If investors know Inno 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 Inno Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Inno Holdings Common is measured differently than its book value, which is the value of Inno that is recorded on the company's balance sheet. Investors also form their own opinion of Inno Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inno Holdings' 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 Inno Holdings' market value can be influenced by many factors that don't directly affect Inno Holdings' 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 Inno Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inno Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inno Holdings' 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.
Inno Holdings '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 Inno Holdings' 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 Inno Holdings.
| 02/07/2024 |
| 02/01/2025 |
If you would invest 0.00 in Inno Holdings on February 7, 2024 and sell it all today you would earn a total of 0.00 from holding Inno Holdings Common or generate 0.0% return on investment in Inno Holdings over 360 days. Inno Holdings is related to or competes with United Guardian, Palomar Holdings, Saia, MYT Netherlands, and Mesa Air. More
Inno Holdings 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 Inno Holdings' 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 Inno Holdings Common upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.83 | |||
| Information Ratio | 0.0498 | |||
| Maximum Drawdown | 52.9 | |||
| Value At Risk | (6.86) | |||
| Potential Upside | 8.28 |
Inno Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inno Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inno Holdings' standard deviation. In reality, there are many statistical measures that can use Inno Holdings historical prices to predict the future Inno Holdings' volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | 0.1982 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | 0.1276 |
Inno Holdings Common Backtested Returns
Inno Holdings appears to be very risky, given 3 months investment horizon. Inno Holdings Common holds Efficiency (Sharpe) Ratio of 0.0606, which attests that the entity had a 0.0606 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inno Holdings Common, which you can use to evaluate the volatility of the firm. Please utilize Inno Holdings' Risk Adjusted Performance of 0.0597, downside deviation of 5.83, and Market Risk Adjusted Performance of 0.1376 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inno Holdings holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 3.36, 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, Inno Holdings will likely underperform. Please check Inno Holdings' total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Inno Holdings' current trending patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Inno Holdings Common has insignificant predictability. Overlapping area represents the amount of predictability between Inno Holdings time series from 7th of February 2024 to 5th of August 2024 and 5th of August 2024 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Inno Holdings Common price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Inno Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Inno Holdings Common lagged returns against current returns
Autocorrelation, which is Inno Holdings 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 Inno Holdings' stock expected returns. We can calculate the autocorrelation of Inno Holdings returns to help us make a trade decision. For example, suppose you find that Inno Holdings 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 |
Inno Holdings 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 Inno Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inno Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inno Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Inno Holdings Lagged Returns
When evaluating Inno Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inno Holdings stock have on its future price. Inno Holdings 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, Inno Holdings autocorrelation shows the relationship between Inno Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Inno Holdings Common.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Inno Holdings Common is a strong investment it is important to analyze Inno Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inno Holdings' future performance. For an informed investment choice regarding Inno Stock, refer to the following important reports:Check out Inno Holdings Correlation, Inno Holdings Volatility and Inno Holdings Alpha and Beta module to complement your research on Inno Holdings. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Inno Holdings 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.