Identiv Stock Market Value
| INVE Stock | USD 3.95 0.05 1.28% |
| Symbol | Identiv |
Identiv Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 Identiv. If investors know Identiv 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 Identiv listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (0.74) | Revenue Per Share 4.447 | Quarterly Revenue Growth (0.80) | Return On Assets (0.07) |
The market value of Identiv is measured differently than its book value, which is the value of Identiv that is recorded on the company's balance sheet. Investors also form their own opinion of Identiv's value that differs from its market value or its book value, called intrinsic value, which is Identiv'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 Identiv's market value can be influenced by many factors that don't directly affect Identiv'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 Identiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Identiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Identiv'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.
Identiv '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 Identiv'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 Identiv.
| 08/23/2024 |
| 11/21/2024 |
If you would invest 0.00 in Identiv on August 23, 2024 and sell it all today you would earn a total of 0.00 from holding Identiv or generate 0.0% return on investment in Identiv over 90 days. Identiv is related to or competes with TransAct Technologies, AGM Group, AstroNova, Key Tronic, Red Cat, Quantum Computing, and Rigetti Computing. Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, ... More
Identiv 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 Identiv'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 Identiv upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | 0.0133 | |||
| Maximum Drawdown | 14.13 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 5.12 |
Identiv Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Identiv's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Identiv's standard deviation. In reality, there are many statistical measures that can use Identiv historical prices to predict the future Identiv's volatility.| Risk Adjusted Performance | 0.044 | |||
| Jensen Alpha | 0.0511 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0172 | |||
| Treynor Ratio | 0.1479 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Identiv'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.
Identiv Backtested Returns
Identiv appears to be slightly risky, given 3 months investment horizon. Identiv holds Efficiency (Sharpe) Ratio of 0.0852, which attests that the entity had a 0.0852% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Identiv, which you can use to evaluate the volatility of the firm. Please utilize Identiv's Downside Deviation of 2.07, market risk adjusted performance of 0.1579, and Risk Adjusted Performance of 0.044 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Identiv holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Identiv's returns are expected to increase less than the market. However, during the bear market, the loss of holding Identiv is expected to be smaller as well. Please check Identiv's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Identiv's current trending patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Identiv has very weak reverse predictability. Overlapping area represents the amount of predictability between Identiv time series from 23rd of August 2024 to 7th of October 2024 and 7th of October 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 Identiv price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Identiv price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Identiv lagged returns against current returns
Autocorrelation, which is Identiv 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 Identiv's stock expected returns. We can calculate the autocorrelation of Identiv returns to help us make a trade decision. For example, suppose you find that Identiv 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 |
Identiv 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 Identiv stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Identiv stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Identiv stock over time.
Current vs Lagged Prices |
| Timeline |
Identiv Lagged Returns
When evaluating Identiv's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Identiv stock have on its future price. Identiv 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, Identiv autocorrelation shows the relationship between Identiv stock current value and its past values and can show if there is a momentum factor associated with investing in Identiv.
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 Identiv is a strong investment it is important to analyze Identiv's 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 Identiv's future performance. For an informed investment choice regarding Identiv Stock, refer to the following important reports:Check out Identiv Correlation, Identiv Volatility and Identiv Alpha and Beta module to complement your research on Identiv. For information on how to trade Identiv Stock refer to our How to Trade Identiv Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Identiv 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.