Innovative Industrial Current Valuation vs. Cash Per Share
| IIPR-PA Preferred Stock | USD 26.34 0.07 0.27% |
For Innovative Industrial profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Innovative Industrial to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Innovative Industrial Properties utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Innovative Industrial's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Innovative Industrial Properties over time as well as its relative position and ranking within its peers.
Innovative |
Innovative Industrial Cash Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Innovative Industrial's current stock value. Our valuation model uses many indicators to compare Innovative Industrial value to that of its competitors to determine the firm's financial worth. Innovative Industrial Properties is considered the number one company in current valuation category among its peers. It also is currently regarded as number one stock in cash per share category among its peers . The ratio of Current Valuation to Cash Per Share for Innovative Industrial Properties is about 186,245,001 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Innovative Industrial by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Innovative Industrial's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Innovative Current Valuation vs. Competition
Innovative Industrial Properties is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of REIT - Industrial industry is currently estimated at about 120.6 Billion. Innovative Industrial maintains roughly 1.12 Billion in current valuation contributing less than 1% to equities listed under REIT - Industrial industry.
Innovative Cash Per Share vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Innovative Industrial |
| = | 1.12 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Innovative Industrial |
| = | 6.04 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Innovative Cash Per Share Comparison
Innovative Industrial is currently under evaluation in cash per share category among its peers.
Innovative Industrial Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Innovative Industrial, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Innovative Industrial will eventually generate negative long term returns. The profitability progress is the general direction of Innovative Industrial's change in net profit over the period of time. It can combine multiple indicators of Innovative Industrial, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017. Innovative Industrial operates under REIT - Industrial classification in USA and is traded on New York Stock Exchange. It employs 7 people.
Innovative Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Innovative Industrial. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Innovative Industrial position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Innovative Industrial's important profitability drivers and their relationship over time.
Use Innovative Industrial in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Innovative Industrial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Innovative Industrial will appreciate offsetting losses from the drop in the long position's value.Innovative Industrial Pair Trading
Innovative Industrial Properties Pair Trading Analysis
The ability to find closely correlated positions to Innovative Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovative Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Innovative Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Innovative Industrial Properties to buy it.
The correlation of Innovative Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Innovative Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovative Industrial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Innovative Industrial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Innovative Industrial position
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Other Information on Investing in Innovative Preferred Stock
To fully project Innovative Industrial's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Innovative Industrial at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Innovative Industrial's income statement, its balance sheet, and the statement of cash flows.