Innovage Holding Corp Stock Performance
| INNV Stock | USD 3.39 0.07 2.02% |
The company retains a Market Volatility (i.e., Beta) of 1.41, 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, InnovAge Holding will likely underperform. At this point, InnovAge Holding Corp has a negative expected return of -0.55%. Please make sure to check out InnovAge Holding's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if InnovAge Holding Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days InnovAge Holding Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in March 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Actual Historical Performance (%)
One Day Return (2.02) | Five Day Return 3.04 | Year To Date Return (13.96) | Ten Year Return (85.99) | All Time Return (85.99) |
Last Split Factor 1:105 | Last Split Date 2019-03-18 |
1 | Insider Trading | 11/27/2024 |
2 | Disposition of 5053 shares by Patrick Blair of InnovAge Holding at 4.87 subject to Rule 16b-3 | 11/29/2024 |
3 | InnovAge Earns Underweight Rating from JPMorgan Chase Co. | 12/19/2024 |
4 | InnovAge Shares Up 6.6 percent - Time to Buy - MarketBeat | 01/07/2025 |
5 | InnovAge stock hits 52-week low at 3.5 amid market challenges - Investing.com | 01/13/2025 |
6 | Implied Volatility Surging for InnovAge Stock Options - Yahoo Finance | 01/30/2025 |
7 | Earnings To Watch InnovAge Holding Corp Reports Q2 2025 Result | 02/03/2025 |
8 | InnovAge Holding Corp Reports Q2 Revenue of 209 Million, EPS Loss of 0.10, Missing Estimates | 02/04/2025 |
9 | Q2 2025 InnovAge Holding Corp Earnings Call Transcript | 02/05/2025 |
10 | Investors Arent Entirely Convinced By InnovAge Holding Corp.s Revenues | 02/06/2025 |
11 | William Blair Has Optimistic Outlook of InnovAge Q3 Earnings - MarketBeat | 02/11/2025 |
| Begin Period Cash Flow | 127.3 M |
InnovAge |
InnovAge Holding Relative Risk vs. Return Landscape
If you would invest 497.00 in InnovAge Holding Corp on November 18, 2024 and sell it today you would lose (158.00) from holding InnovAge Holding Corp or give up 31.79% of portfolio value over 90 days. InnovAge Holding Corp is currently does not generate positive expected returns and assumes 3.9563% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than InnovAge, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
InnovAge Holding Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for InnovAge Holding's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as InnovAge Holding Corp, and traders can use it to determine the average amount a InnovAge Holding's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1391
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | INNV |
Estimated Market Risk
| 3.96 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average InnovAge Holding is not performing at its full potential. However, 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 InnovAge Holding by adding InnovAge Holding to a well-diversified portfolio.
InnovAge Holding Fundamentals Growth
InnovAge Stock prices reflect investors' perceptions of the future prospects and financial health of InnovAge Holding, and InnovAge Holding fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on InnovAge Stock performance.
| Return On Equity | -0.0952 | ||||
| Return On Asset | -0.0232 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 478.03 M | ||||
| Shares Outstanding | 135.24 M | ||||
| Price To Earning | 33.64 X | ||||
| Price To Book | 1.85 X | ||||
| Price To Sales | 0.57 X | ||||
| Revenue | 763.86 M | ||||
| Gross Profit | 559.96 M | ||||
| EBITDA | 1.15 M | ||||
| Net Income | (23.22 M) | ||||
| Cash And Equivalents | 184.43 M | ||||
| Cash Per Share | 1.36 X | ||||
| Total Debt | 113.03 M | ||||
| Debt To Equity | 0.24 % | ||||
| Current Ratio | 2.29 X | ||||
| Book Value Per Share | 1.84 X | ||||
| Cash Flow From Operations | (36.9 M) | ||||
| Earnings Per Share | (0.19) X | ||||
| Market Capitalization | 458.48 M | ||||
| Total Asset | 547.66 M | ||||
| Retained Earnings | (68.31 M) | ||||
| Working Capital | 34.54 M | ||||
| Current Asset | 3.06 M | ||||
| Current Liabilities | 4.22 M | ||||
About InnovAge Holding Performance
Evaluating InnovAge Holding's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if InnovAge Holding has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if InnovAge Holding has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (0.19) | (0.18) | |
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | (0.07) | (0.06) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.09) | (0.09) |
Things to note about InnovAge Holding Corp performance evaluation
Checking the ongoing alerts about InnovAge Holding for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for InnovAge Holding Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| InnovAge Holding generated a negative expected return over the last 90 days | |
| InnovAge Holding has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 763.86 M. Net Loss for the year was (23.22 M) with profit before overhead, payroll, taxes, and interest of 559.96 M. | |
| InnovAge Holding Corp currently holds about 184.43 M in cash with (36.9 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.36. | |
| InnovAge Holding has a poor financial position based on the latest SEC disclosures | |
| Roughly 85.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: William Blair Has Optimistic Outlook of InnovAge Q3 Earnings - MarketBeat |
- Analyzing InnovAge Holding's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether InnovAge Holding's stock is overvalued or undervalued compared to its peers.
- Examining InnovAge Holding's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating InnovAge Holding's management team can have a significant impact on its success or failure. Reviewing the track record and experience of InnovAge Holding's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of InnovAge Holding's stock. These opinions can provide insight into InnovAge Holding's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding'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 InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.