Innovative Medical (China) Price History
| 002173 Stock | 8.93 0.55 6.56% |
Below is the normalized historical share price chart for Innovative Medical Management extending back to September 25, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Innovative Medical stands at 8.93, as last reported on the 26th of November, with the highest price reaching 9.22 and the lowest price hitting 8.28 during the day.
If you're considering investing in Innovative Stock, it is important to understand the factors that can impact its price. Innovative Medical appears to be slightly risky, given 3 months investment horizon. Innovative Medical holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Innovative Medical's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Innovative Medical's Downside Deviation of 4.31, market risk adjusted performance of (1.58), and Risk Adjusted Performance of 0.097 to validate if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 547.7 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B. . Innovative Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of September 2007 | 200 Day MA 7.6187 | 50 Day MA 7.7818 | Beta 0.644 |
Innovative |
Sharpe Ratio = 0.161
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002173 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.18 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Innovative Medical is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovative Medical by adding it to a well-diversified portfolio.
Price Book 2.0072 | Book Value 4.175 | Enterprise Value 3.2 B | Enterprise Value Ebitda (32.59) | Price Sales 4.8721 |
Innovative Medical Stock Price History Chart
There are several ways to analyze Innovative Stock price data. The simplest method is using a basic Innovative candlestick price chart, which shows Innovative Medical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 11, 2024 | 10.5 |
| Lowest Price | August 23, 2024 | 5.86 |
Innovative Medical November 26, 2024 Stock Price Synopsis
Various analyses of Innovative Medical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Innovative Stock. It can be used to describe the percentage change in the price of Innovative Medical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Innovative Stock.| Innovative Medical Accumulation Distribution | 7,765,803 | |
| Innovative Medical Price Rate Of Daily Change | 1.07 | |
| Innovative Medical Price Daily Balance Of Power | 0.59 | |
| Innovative Medical Price Action Indicator | 0.45 |
Innovative Medical November 26, 2024 Stock Price Analysis
Innovative Stock Price History Data
The price series of Innovative Medical for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 4.64 with a coefficient of variation of 18.13. The prices are distributed with arithmetic mean of 7.38. The median price for the last 90 days is 7.11. The company had 20:10 stock split on . Innovative Medical issued dividends on 2018-06-25.| Open | High | Low | Close | Volume | ||
| 11/26/2024 | 8.40 | 9.22 | 8.28 | 8.93 | 76,170,962 | |
| 11/25/2024 | 8.21 | 8.49 | 8.10 | 8.38 | 33,383,900 | |
| 11/22/2024 | 8.56 | 8.56 | 8.05 | 8.09 | 34,934,210 | |
| 11/21/2024 | 8.46 | 8.88 | 8.37 | 8.64 | 40,872,200 | |
| 11/20/2024 | 8.28 | 8.53 | 8.23 | 8.44 | 32,468,323 | |
| 11/19/2024 | 8.19 | 8.32 | 7.99 | 8.28 | 32,016,700 | |
| 11/18/2024 | 8.84 | 8.99 | 8.18 | 8.24 | 41,201,443 | |
| 11/15/2024 | 9.37 | 9.51 | 8.97 | 9.01 | 45,623,661 | |
| 11/14/2024 | 10.38 | 10.54 | 9.50 | 9.52 | 60,895,702 | |
| 11/13/2024 | 10.09 | 10.75 | 9.91 | 10.48 | 61,173,183 | |
| 11/12/2024 | 10.64 | 11.20 | 10.20 | 10.33 | 66,531,445 | |
| 11/11/2024 | 10.07 | 10.89 | 9.90 | 10.50 | 69,915,173 | |
| 11/08/2024 | 9.35 | 10.30 | 9.35 | 9.94 | 74,481,649 | |
| 11/07/2024 | 9.80 | 10.44 | 9.56 | 9.63 | 63,199,214 | |
| 11/06/2024 | 9.74 | 9.95 | 9.31 | 9.55 | 73,175,491 | |
| 11/05/2024 | 9.80 | 10.20 | 9.19 | 9.68 | 97,888,104 | |
| 11/04/2024 | 8.86 | 9.85 | 8.68 | 9.85 | 62,385,653 | |
| 11/01/2024 | 8.55 | 9.50 | 8.35 | 8.95 | 80,735,483 | |
| 10/31/2024 | 8.19 | 8.88 | 8.11 | 8.64 | 74,933,451 | |
| 10/30/2024 | 8.42 | 8.87 | 8.17 | 8.20 | 85,730,463 | |
| 10/29/2024 | 7.73 | 8.42 | 7.45 | 8.42 | 47,717,801 | |
| 10/28/2024 | 7.41 | 7.65 | 7.40 | 7.65 | 28,473,100 | |
| 10/25/2024 | 7.23 | 7.39 | 7.23 | 7.37 | 17,111,100 | |
| 10/24/2024 | 7.35 | 7.47 | 7.30 | 7.31 | 14,819,700 | |
| 10/23/2024 | 7.53 | 7.53 | 7.32 | 7.38 | 26,736,079 | |
| 10/22/2024 | 7.37 | 7.66 | 7.34 | 7.58 | 35,871,530 | |
| 10/21/2024 | 7.28 | 7.52 | 7.21 | 7.40 | 33,087,110 | |
| 10/18/2024 | 7.20 | 7.39 | 6.99 | 7.33 | 33,834,147 | |
| 10/17/2024 | 7.46 | 7.48 | 7.15 | 7.26 | 36,942,397 | |
| 10/16/2024 | 7.10 | 7.77 | 7.07 | 7.54 | 47,918,653 | |
| 10/15/2024 | 7.03 | 7.39 | 6.96 | 7.11 | 25,321,413 | |
| 10/14/2024 | 6.79 | 7.30 | 6.69 | 7.07 | 20,336,400 | |
| 10/11/2024 | 7.10 | 7.16 | 6.68 | 6.77 | 17,069,336 | |
| 10/10/2024 | 7.16 | 7.34 | 7.00 | 7.14 | 23,317,150 | |
| 10/09/2024 | 7.74 | 7.80 | 7.11 | 7.11 | 27,557,650 | |
| 10/08/2024 | 8.29 | 8.29 | 7.49 | 7.90 | 47,057,321 | |
| 09/30/2024 | 7.35 | 7.69 | 7.05 | 7.56 | 44,843,800 | |
| 09/27/2024 | 6.75 | 7.09 | 6.67 | 7.07 | 35,415,500 | |
| 09/26/2024 | 6.41 | 6.60 | 6.36 | 6.60 | 20,294,159 | |
| 09/25/2024 | 6.43 | 6.60 | 6.40 | 6.46 | 28,319,401 | |
| 09/24/2024 | 6.24 | 6.40 | 6.20 | 6.39 | 17,784,201 | |
| 09/23/2024 | 6.20 | 6.34 | 6.17 | 6.26 | 10,840,300 | |
| 09/20/2024 | 6.17 | 6.42 | 6.14 | 6.27 | 13,910,620 | |
| 09/19/2024 | 6.25 | 6.31 | 6.15 | 6.23 | 14,638,820 | |
| 09/18/2024 | 6.15 | 6.50 | 6.07 | 6.15 | 13,506,400 | |
| 09/13/2024 | 6.29 | 6.33 | 6.03 | 6.05 | 21,491,299 | |
| 09/12/2024 | 6.32 | 6.56 | 6.26 | 6.41 | 26,834,700 | |
| 09/11/2024 | 6.15 | 6.77 | 6.13 | 6.37 | 33,375,333 | |
| 09/10/2024 | 6.30 | 6.39 | 6.06 | 6.15 | 19,001,009 | |
| 09/09/2024 | 6.17 | 6.56 | 6.09 | 6.37 | 25,935,233 | |
| 09/06/2024 | 6.23 | 6.24 | 6.00 | 6.06 | 7,437,600 | |
| 09/05/2024 | 6.12 | 6.21 | 6.10 | 6.19 | 4,095,400 | |
| 09/04/2024 | 6.19 | 6.21 | 6.10 | 6.11 | 5,119,500 | |
| 09/03/2024 | 6.18 | 6.25 | 6.15 | 6.20 | 5,139,400 | |
| 09/02/2024 | 6.23 | 6.35 | 6.18 | 6.18 | 8,251,200 | |
| 08/30/2024 | 6.17 | 6.31 | 6.16 | 6.24 | 11,708,900 | |
| 08/29/2024 | 5.97 | 6.22 | 5.94 | 6.19 | 11,921,300 | |
| 08/28/2024 | 5.90 | 6.03 | 5.84 | 5.97 | 9,188,700 | |
| 08/27/2024 | 5.96 | 6.01 | 5.88 | 5.89 | 6,471,900 | |
| 08/26/2024 | 5.88 | 6.01 | 5.80 | 5.98 | 7,502,500 | |
| 08/23/2024 | 6.06 | 6.06 | 5.85 | 5.86 | 7,897,400 |
About Innovative Medical Stock history
Innovative Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovative Medical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovative Medical stock prices may prove useful in developing a viable investing in Innovative Medical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 449 M | 363 M | |
| Net Loss | -94.7 M | -99.4 M |
Innovative Medical Quarterly Net Working Capital |
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Innovative Medical Stock Technical Analysis
Innovative Medical 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.
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Innovative Medical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovative Medical's price direction in advance. Along with the technical and fundamental analysis of Innovative Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovative to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.097 | |||
| Jensen Alpha | 0.4883 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0779 | |||
| Treynor Ratio | (1.59) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Innovative Stock analysis
When running Innovative Medical's price analysis, check to measure Innovative Medical'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 Innovative Medical is operating at the current time. Most of Innovative Medical's value examination focuses on studying past and present price action to predict the probability of Innovative Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Medical's price. Additionally, you may evaluate how the addition of Innovative Medical to your portfolios can decrease your overall portfolio volatility.
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