Innova Captab (India) Price on December 16, 2024
| INNOVACAP | 1,056 80.80 8.28% |
If you're considering investing in Innova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innova Captab stands at 1,056, as last reported on the 27th of December, with the highest price reaching 1,111 and the lowest price hitting 965.10 during the day. Innova Captab appears to be very steady, given 3 months investment horizon. Innova Captab Limited holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. By evaluating Innova Captab's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Innova Captab's Market Risk Adjusted Performance of 0.6067, downside deviation of 2.56, and Risk Adjusted Performance of 0.0962 to validate if our risk estimates are consistent with your expectations.
At present, Innova Captab's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 4 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 9 B. . Innova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Innova |
Sharpe Ratio = 0.1647
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Innova Captab is performing at about 12% of its full potential. 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 Innova Captab by adding it to a well-diversified portfolio.
Price Book 6.2345 | Book Value 156.531 | Enterprise Value 58.2 B | Enterprise Value Ebitda 31.1639 | Price Sales 5.1326 |
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Innova Captab Valuation on December 16, 2024
It is possible to determine the worth of Innova Captab on a given historical date. On December 16, 2024 Innova was worth 1043.8 at the beginning of the trading date compared to the closed value of 1018.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innova Captab stock. Still, in general, we apply an absolute valuation method to find Innova Captab'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 Innova Captab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innova Captab's related companies.
| Open | High | Low | Close | Volume | |
| 1,052 | 1,088 | 1,030 | 1,051 | 84,096 | |
12/16/2024 | 1,044 | 1,048 | 1,015 | 1,018 | 59,312 |
| 1,024 | 1,039 | 1,000 | 1,033 | 73,597 |
| Backtest Innova Captab | | | Innova Captab History | | | Innova Captab Valuation | Previous | Next |
Innova Captab Trading Date Momentum on December 16, 2024
| On December 17 2024 Innova Captab Limited was traded for 1,033 at the closing time. The highest price during the trading period was 1,039 and the lowest recorded bid was listed for 1,000 . The volume for the day was 73.6 K. This history from December 17, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 1.45% . The trading delta at closing time to the current price is 4.86% . |
Innova Captab Limited Fundamentals Correlations and Trends
By evaluating Innova Captab's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innova Captab's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innova Captab Stock history
Innova Captab investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innova Captab Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innova Captab stock prices may prove useful in developing a viable investing in Innova Captab
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 50.6 M | 59.5 M |
Innova Captab Stock Technical Analysis
Innova Captab technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Innova Captab Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Innova Captab Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Innova Captab December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Innova Captab stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innova Captab shares will generate the highest return on investment. By undertsting and applying Innova Captab stock market strength indicators, traders can identify Innova Captab Limited entry and exit signals to maximize returns
Innova Captab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innova Captab's price direction in advance. Along with the technical and fundamental analysis of Innova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innova 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.
| Risk Adjusted Performance | 0.0962 | |||
| Jensen Alpha | 0.3254 | |||
| Total Risk Alpha | 0.1747 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 0.5967 |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Innova Stock analysis
When running Innova Captab's price analysis, check to measure Innova Captab'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 Innova Captab is operating at the current time. Most of Innova Captab's value examination focuses on studying past and present price action to predict the probability of Innova Captab's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innova Captab's price. Additionally, you may evaluate how the addition of Innova Captab to your portfolios can decrease your overall portfolio volatility.
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