Innovative Industrial Properties Preferred Stock Price on December 18, 2024

IIPR-P-A   25.16  1.34  5.06%   
If you're considering investing in Innovative Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innovative Industrial stands at 25.16, as last reported on the 22nd of December, with the highest price reaching 25.50 and the lowest price hitting 24.67 during the day. Innovative Industrial holds Efficiency (Sharpe) Ratio of -0.0975, which attests that the entity had a -0.0975% return per unit of risk over the last 3 months. Innovative Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innovative Industrial's Standard Deviation of 0.7313, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of 0.5411 to validate the risk estimate we provide.
  
Innovative Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0975

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Estimated Market Risk

 0.74
  actual daily
6
94% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Innovative Industrial 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 Innovative Industrial by adding Innovative Industrial to a well-diversified portfolio.

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Innovative Industrial Valuation on December 18, 2024

It is possible to determine the worth of Innovative Industrial on a given historical date. On December 18, 2024 Innovative was worth 26.67 at the beginning of the trading date compared to the closed value of 26.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovative Industrial preferred stock. Still, in general, we apply an absolute valuation method to find Innovative Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovative Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovative Industrial's related companies.
 Open High Low Close Volume
  26.52    26.62    26.30    26.30    1,022  
12/18/2024
  26.67    26.67    26.48    26.48    1,036  
  26.44    26.53    26.44    26.50    879.00  
Backtest Innovative Industrial  |  Innovative Industrial History  PreviousNext  
Open Value
26.67
26.48
Closing Value
28.90
Upside

Innovative Industrial Trading Date Momentum on December 18, 2024

On December 19 2024 Innovative Industrial Properties was traded for  26.50  at the closing time. The highest price during the trading period was 26.53  and the lowest recorded bid was listed for  26.44 . The volume for the day was 879. This history from December 19, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.08% . The trading delta at closing time to the current price is 5.14% .

Price Boundaries

Innovative Industrial Period Price Range

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December 22, 2024
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High

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Innovative Industrial Properties cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Innovative Industrial December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Innovative Industrial preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovative Industrial shares will generate the highest return on investment. By undertsting and applying Innovative Industrial preferred stock market strength indicators, traders can identify Innovative Industrial Properties entry and exit signals to maximize returns

Innovative Industrial Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Innovative Industrial's price direction in advance. Along with the technical and fundamental analysis of Innovative Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovative to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Innovative Preferred Stock analysis

When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial'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 Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.
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