Innovative Eyewear Stock Buy Hold or Sell Recommendation
| LUCYW Stock | USD 0.07 0.0001 0.14% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Innovative Eyewear is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Innovative Eyewear given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Innovative Eyewear, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Innovative Eyewear 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. For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide. Note, we conduct extensive research on individual companies such as Innovative and provide practical buy, sell, or hold advice based on investors' constraints. Innovative Eyewear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Innovative |
Execute Innovative Eyewear Buy or Sell Advice
The Innovative recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovative Eyewear. Macroaxis does not own or have any residual interests in Innovative Eyewear or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovative Eyewear's advice using the current market data and latest reported fundamentals.
Time Horizon
30 Days |
Risk Tolerance
I am willing to take any risk |
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Innovative Eyewear Trading Alerts and Improvement Suggestions
| Innovative Eyewear is way too risky over 90 days horizon | |
| Innovative Eyewear has some characteristics of a very speculative penny stock | |
| Innovative Eyewear appears to be risky and price may revert if volatility continues | |
| Innovative Eyewear has high likelihood to experience some financial distress in the next 2 years | |
| Innovative Eyewear has accumulated 743.17 M in total debt. Innovative Eyewear has a current ratio of 0.48, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about Innovative Eyewear's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 1.64 B. Net Loss for the year was (7.77 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Innovative Eyewear has accumulated about 41.75 K in cash with (6.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Record Q4 Sales Innovative Eyewear Achieves 42 percent Growth, Plans Reebok Smart Glasses Launch - StockTitan |
Innovative Eyewear Returns Distribution Density
The distribution of Innovative Eyewear's historical returns is an attempt to chart the uncertainty of Innovative Eyewear's future price movements. The chart of the probability distribution of Innovative Eyewear daily returns describes the distribution of returns around its average expected value. We use Innovative Eyewear price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovative Eyewear returns is essential to provide solid investment advice for Innovative Eyewear.
| Mean Return | 3.41 |
| Value At Risk | -26.95 |
| Potential Upside | 33.63 |
| Standard Deviation | 30.83 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovative Eyewear 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.
Innovative Eyewear Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (29.7K) | (250.4K) | 47.8K | (564.3K) | (399.6K) | (379.6K) | |
| Investments | (59.0K) | (118.5K) | (220.0K) | (198.8K) | (5.2M) | (4.9M) | |
| Change In Cash | 27.0K | 52.7K | 3.5M | 696.3K | (1.7M) | (1.6M) | |
| Free Cash Flow | (99.3K) | (1.3M) | (3.4M) | (6.0M) | (6.7B) | (6.4B) | |
| Depreciation | 994.0 | 7.7K | 32.6K | 85.3K | 149.4K | 156.9K | |
| Other Non Cash Items | 541.2K | 868.9K | 1.2M | 238.9K | 1.0M | 727.3K | |
| Capital Expenditures | 59.0K | 118.5K | 220.0K | 251.5K | 267.0K | 167.9K | |
| Net Income | (768.2K) | (3.2M) | (5.7M) | (6.7M) | (7.8M) | (7.4M) | |
| End Period Cash Flow | 27.0K | 79.7K | 3.6M | 4.3M | 2.6M | 1.9M |
Innovative Eyewear 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 Innovative Eyewear or Health Care Equipment & Supplies 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 Innovative Eyewear'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 Innovative 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 | 3.39 | |
β | Beta against Dow Jones | -3.89 | |
σ | Overall volatility | 31.59 | |
Ir | Information ratio | 0.11 |
Innovative Eyewear Volatility Alert
Innovative Eyewear is showing large volatility of returns over the selected time horizon. Innovative Eyewear is a penny stock. Although Innovative Eyewear may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Innovative Eyewear. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Innovative instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Innovative Eyewear Fundamentals Vs Peers
Comparing Innovative Eyewear'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 Innovative Eyewear's direct or indirect competition across all of the common fundamentals between Innovative Eyewear and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovative Eyewear or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innovative Eyewear's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovative Eyewear by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innovative Eyewear to competition |
| Fundamentals | Innovative Eyewear | Peer Average |
| Return On Equity | -0.87 | -0.31 |
| Return On Asset | -0.53 | -0.14 |
| Operating Margin | (6.95) % | (5.51) % |
| Number Of Shares Shorted | 1 K | 4.71 M |
| Revenue | 1.64 B | 9.43 B |
| EBITDA | (2.37 B) | 3.9 B |
| Net Income | (7.77 M) | 570.98 M |
| Cash And Equivalents | 41.75 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 743.17 M | 5.32 B |
| Current Ratio | 0.49 X | 2.16 X |
| Book Value Per Share | 4.51 X | 1.93 K |
| Cash Flow From Operations | (6.74 M) | 971.22 M |
| Beta | 2.79 | -0.15 |
| Total Asset | 9.84 B | 29.47 B |
| Retained Earnings | (24.74 B) | 9.33 B |
| Working Capital | 8.5 M | 1.48 B |
| Net Asset | 9.84 B |
Note: Acquisition by David Cohen of 60000 shares of Innovative Eyewear at 1.275 subject to Rule 16b-3 [view details]
Innovative Eyewear Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovative . 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.
About Innovative Eyewear Buy or Sell Advice
When is the right time to buy or sell Innovative Eyewear? Buying financial instruments such as Innovative 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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Additional Tools for Innovative Stock Analysis
When running Innovative Eyewear's price analysis, check to measure Innovative Eyewear'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 Eyewear is operating at the current time. Most of Innovative Eyewear's value examination focuses on studying past and present price action to predict the probability of Innovative Eyewear'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 Eyewear's price. Additionally, you may evaluate how the addition of Innovative Eyewear to your portfolios can decrease your overall portfolio volatility.