Innova Captab (India) Buy Hold or Sell Recommendation
| INNOVACAP | 1,056 80.80 8.28% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Innova Captab Limited is 'Buy'. Macroaxis provides Innova Captab buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding INNOVACAP positions.
Check out Innova Captab Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Innova and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Innova Captab Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Innova |
Execute Innova Captab Buy or Sell Advice
The Innova recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innova Captab Limited. Macroaxis does not own or have any residual interests in Innova Captab Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innova Captab's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Innova Captab Trading Alerts and Improvement Suggestions
| Innova Captab appears to be risky and price may revert if volatility continues | |
| Innova Captab is unlikely to experience financial distress in the next 2 years | |
| About 73.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: INNOVA CAPTAB LTD. Share Price Today Up 6 percent - Equitymaster |
Innova Captab Returns Distribution Density
The distribution of Innova Captab's historical returns is an attempt to chart the uncertainty of Innova Captab's future price movements. The chart of the probability distribution of Innova Captab daily returns describes the distribution of returns around its average expected value. We use Innova Captab Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innova Captab returns is essential to provide solid investment advice for Innova Captab.
| Mean Return | 0.36 | Value At Risk | -3.79 | Potential Upside | 5.03 | Standard Deviation | 3.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innova Captab historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Innova Captab Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innova Captab or Pharmaceuticals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innova Captab's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innova stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 3.46 | |
Ir | Information ratio | 0.1 |
Innova Captab Volatility Alert
Innova Captab Limited currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innova Captab's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innova Captab's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Innova Captab Fundamentals Vs Peers
Comparing Innova Captab's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innova Captab's direct or indirect competition across all of the common fundamentals between Innova Captab and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innova Captab or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innova Captab's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innova Captab by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innova Captab to competition |
| Fundamentals | Innova Captab | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0759 | -0.14 |
| Profit Margin | 0.10 % | (1.27) % |
| Operating Margin | 0.14 % | (5.51) % |
| Current Valuation | 58.18 B | 16.62 B |
| Shares Outstanding | 57.22 M | 571.82 M |
| Shares Owned By Insiders | 72.55 % | 10.09 % |
| Shares Owned By Institutions | 18.43 % | 39.21 % |
| Price To Book | 6.23 X | 9.51 X |
| Price To Sales | 5.13 X | 11.42 X |
| Revenue | 10.77 B | 9.43 B |
| EBITDA | 1.67 B | 3.9 B |
| Net Income | 1.3 B | 570.98 M |
| Total Debt | 2.45 B | 5.32 B |
| Book Value Per Share | 156.53 X | 1.93 K |
| Cash Flow From Operations | 1.46 B | 971.22 M |
| Earnings Per Share | 22.90 X | 3.12 X |
| Market Capitalization | 55 B | 19.03 B |
| Total Asset | 13.21 B | 29.47 B |
| Retained Earnings | 3.25 B | 9.33 B |
| Net Asset | 13.21 B |
Innova Captab Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innova . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 16869.11 | |||
| Daily Balance Of Power | 0.5527 | |||
| Rate Of Daily Change | 1.08 | |||
| Day Median Price | 1038.2 | |||
| Day Typical Price | 1044.2 | |||
| Market Facilitation Index | 0.0011 | |||
| Price Action Indicator | 58.4 | |||
| Period Momentum Indicator | 80.8 |
About Innova Captab Buy or Sell Advice
When is the right time to buy or sell Innova Captab Limited? Buying financial instruments such as Innova Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Innova Captab in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Innova Stock
Innova Captab financial ratios help investors to determine whether Innova Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Innova with respect to the benefits of owning Innova Captab security.