Innovacom Stock Performance
| MPEG Stock | USD 0.0001 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Innovacom are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Innovacom has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable technical and fundamental indicators, Innovacom is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Total Cashflows From Investing Activities | -9409.00 |
Innovacom |
Innovacom Relative Risk vs. Return Landscape
If you would invest 0.01 in Innovacom on September 4, 2024 and sell it today you would earn a total of 0.00 from holding Innovacom or generate 0.0% return on investment over 90 days. Innovacom is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Innovacom, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Innovacom Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovacom's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Innovacom, and traders can use it to determine the average amount a Innovacom'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 = 0.0
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Based on monthly moving average Innovacom 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 Innovacom by adding Innovacom to a well-diversified portfolio.
Innovacom Fundamentals Growth
Innovacom Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Innovacom, and Innovacom 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 Innovacom Pink Sheet performance.
| Return On Asset | -2.53 | |||
| Operating Margin | (4.13) % | |||
| Current Valuation | 11.53 M | |||
| Price To Sales | 0.03 X | |||
| Revenue | 507.08 K | |||
| EBITDA | (4.77 M) | |||
| Cash And Equivalents | 457 K | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | (0.41) X | |||
| Cash Flow From Operations | (4.88 M) | |||
| Earnings Per Share | (0.22) X | |||
| Total Asset | 899.26 K | |||
About Innovacom Performance
By analyzing Innovacom's fundamental ratios, stakeholders can gain valuable insights into Innovacom's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Innovacom 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 Innovacom has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
InnovaCom, Inc. provided equipment, and services that utilized the Motion Picture Expert Group first, and second generation standard for video and audio compression known as MPEG-1, and MPEG-2. The company marketed its system-based TransPEG, and DVDImpact line of products to the professional video industry. Innovacom operates under Communication Equipment classification in the United States and is traded on OTC Exchange. It employs 27 people.Things to note about Innovacom performance evaluation
Checking the ongoing alerts about Innovacom for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Innovacom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Innovacom generated a negative expected return over the last 90 days | |
| Innovacom has some characteristics of a very speculative penny stock | |
| The company has a current ratio of 0.09, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Innovacom until it has trouble settling it off, either with new capital or with free cash flow. So, Innovacom's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Innovacom sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Innovacom to invest in growth at high rates of return. When we think about Innovacom's use of debt, we should always consider it together with cash and equity. | |
| Innovacom reported the previous year's revenue of 507.08 K. Net Loss for the year was (7.14 M) with profit before overhead, payroll, taxes, and interest of 15.44 K. | |
| Innovacom currently holds about 457 K in cash with (4.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Innovacom'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 Innovacom's stock is overvalued or undervalued compared to its peers.
- Examining Innovacom'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 Innovacom's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innovacom's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Innovacom's pink sheet. These opinions can provide insight into Innovacom's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Innovacom Pink Sheet analysis
When running Innovacom's price analysis, check to measure Innovacom'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 Innovacom is operating at the current time. Most of Innovacom's value examination focuses on studying past and present price action to predict the probability of Innovacom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovacom's price. Additionally, you may evaluate how the addition of Innovacom to your portfolios can decrease your overall portfolio volatility.
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