Innovative Eyewear Stock Performance
| LUCYW Stock | USD 0.08 0.06 44.29% |
Innovative Eyewear holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -3.15, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Innovative Eyewear are expected to decrease by larger amounts. On the other hand, during market turmoil, Innovative Eyewear is expected to outperform it. Use Innovative Eyewear value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on Innovative Eyewear.
Risk-Adjusted Performance
OK
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Innovative Eyewear are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Innovative Eyewear showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Insiders Who Purchased US1.82m Of Innovative Eyewear Stock May Not Have Expected 11 percent Tumble - Simply Wall St | 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 4.78 in Innovative Eyewear on December 23, 2024 and sell it today you would earn a total of 3.02 from holding Innovative Eyewear or generate 63.18% return on investment over 90 days. Innovative Eyewear is currently producing 3.5561% returns and takes up 32.0012% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Innovative, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. 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 = 0.1111
| Best Portfolio | Best Equity | |||
| Good Returns | LUCYW | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 32.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.56 actual daily | 71 71% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Innovative Eyewear is performing at about 8% 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 Innovative Eyewear by adding it 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) % | ||||
| Revenue | 1.15 M | ||||
| EBITDA | (6.58 M) | ||||
| Net Income | (6.66 M) | ||||
| Cash And Equivalents | 41.75 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 659.94 K | ||||
| Current Ratio | 0.49 X | ||||
| Book Value Per Share | 4.51 X | ||||
| Cash Flow From Operations | (5.77 M) | ||||
| Total Asset | 6.22 M | ||||
| Retained Earnings | (16.97 M) | ||||
| Working Capital | 4.99 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 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 659.94 K 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 1.15 M. Net Loss for the year was (6.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Innovative Eyewear has accumulated about 41.75 K in cash with (5.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Latest headline from news.google.com: Insiders Who Purchased US1.82m Of Innovative Eyewear Stock May Not Have Expected 11 percent Tumble - Simply Wall St |
- 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.