Innovative Eyewear Stock Performance
| LUCY Stock | USD 3.69 0.04 1.07% |
The company retains a Market Volatility (i.e., Beta) of 1.16, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Innovative Eyewear will likely underperform. At this point, Innovative Eyewear has a negative expected return of -0.64%. Please make sure to check out Innovative Eyewear's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Innovative Eyewear performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Innovative Eyewear has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's fundamental indicators remain fairly strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (0.94) | Five Day Return 0.82 | Year To Date Return (31.54) | Ten Year Return (96.87) | All Time Return (96.87) |
Last Split Factor 1:20 | Last Split Date 2024-07-18 |
1 | ChatGPT-Enabled Smart Glasses Hit Major Tech Stores Game-Changing Retail Partnership - StockTitan | 01/30/2025 |
2 | Acquisition by Galkin Vladimir of 2841 shares of Innovative Eyewear at 7.65 subject to Rule 16b-3 | 02/14/2025 |
3 | Insiders Who Purchased US1.82m Of Innovative Eyewear Stock May Not Have Expected 11 percent Tumble | 02/28/2025 |
| Begin Period Cash Flow | 3.6 M | |
| Free Cash Flow | -6 M |
Innovative |
Innovative Eyewear Relative Risk vs. Return Landscape
If you would invest 601.00 in Innovative Eyewear on December 17, 2024 and sell it today you would lose (228.00) from holding Innovative Eyewear or give up 37.94% of portfolio value over 90 days. Innovative Eyewear is currently does not generate positive expected returns and assumes 5.495% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of stocks are less volatile than Innovative, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Innovative Eyewear Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovative Eyewear's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Innovative Eyewear, and traders can use it to determine the average amount a Innovative Eyewear's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1168
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | LUCY |
Estimated Market Risk
| 5.5 actual daily | 49 51% of assets are more volatile |
Expected Return
| -0.64 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Innovative Eyewear 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 Eyewear by adding Innovative Eyewear to a well-diversified portfolio.
Innovative Eyewear Fundamentals Growth
Innovative Stock prices reflect investors' perceptions of the future prospects and financial health of Innovative Eyewear, and Innovative Eyewear fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovative Stock performance.
| Return On Equity | -0.87 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (6.95) % | ||||
| Current Valuation | 5.57 M | ||||
| Shares Outstanding | 2.44 M | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 5.83 X | ||||
| Revenue | 1.15 M | ||||
| Gross Profit | (58.68 K) | ||||
| EBITDA | (6.58 M) | ||||
| Net Income | (6.66 M) | ||||
| Cash And Equivalents | 34.88 K | ||||
| Total Debt | 659.94 K | ||||
| Current Ratio | 0.34 X | ||||
| Book Value Per Share | 4.51 X | ||||
| Cash Flow From Operations | (5.77 M) | ||||
| Earnings Per Share | (10.10) X | ||||
| Market Capitalization | 9.1 M | ||||
| Total Asset | 6.22 M | ||||
| Retained Earnings | (16.97 M) | ||||
| Working Capital | 4.99 M | ||||
| Current Asset | 7.51 M | ||||
| Current Liabilities | 5.78 M | ||||
About Innovative Eyewear Performance
Evaluating Innovative Eyewear's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Innovative Eyewear has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Innovative Eyewear has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 221.30 | 232.36 | |
| Return On Tangible Assets | (1.03) | (1.08) | |
| Return On Capital Employed | (1.42) | (1.49) | |
| Return On Assets | (0.96) | (1.01) | |
| Return On Equity | (1.38) | (1.45) |
Things to note about Innovative Eyewear performance evaluation
Checking the ongoing alerts about Innovative Eyewear for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Innovative Eyewear help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Innovative Eyewear generated a negative expected return over the last 90 days | |
| Innovative Eyewear has high historical volatility and very poor performance | |
| Innovative Eyewear currently holds 659.94 K in liabilities. Innovative Eyewear has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations when 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 previous year's revenue of 1.15 M. Net Loss for the year was (6.66 M) with loss before overhead, payroll, taxes, and interest of (58.68 K). | |
| Innovative Eyewear currently holds about 34.88 K in cash with (5.77 M) of positive cash flow from operations. | |
| Roughly 52.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from simplywall.st: Insiders Who Purchased US1.82m Of Innovative Eyewear Stock May Not Have Expected 11 percent Tumble |
- Analyzing Innovative Eyewear's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Innovative Eyewear's stock is overvalued or undervalued compared to its peers.
- Examining Innovative Eyewear's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Innovative Eyewear's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innovative Eyewear's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Innovative Eyewear's stock. These opinions can provide insight into Innovative Eyewear's potential for growth and whether the stock is currently undervalued or overvalued.
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.