Innovative Eyewear Stock Analysis
| LUCYW Stock | USD 0.08 0.0001 0.13% |
Innovative Eyewear is overvalued with Real Value of 0.0738 and Hype Value of 0.1. The main objective of Innovative Eyewear stock analysis is to determine its intrinsic value, which is an estimate of what Innovative Eyewear is worth, separate from its market price. There are two main types of Innovative Eyewear's stock analysis: fundamental analysis and technical analysis.
The Innovative Eyewear stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Innovative Eyewear is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Innovative Stock trading window is adjusted to America/New York timezone.
Innovative |
Innovative Stock Analysis Notes
The company had not issued any dividends in recent years. Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. Innovative Eyewear, Inc. operates as a subsidiary of Lucyd Ltd. Innovative Eyewear operates under Medical Instruments Supplies classification in the United States and is traded on NASDAQ Exchange. It employs 9 people. To find out more about Innovative Eyewear contact Harrison Gross at 954 826 0329 or learn more at https://www.lucyd.co.Innovative Eyewear Quarterly Total Revenue |
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Innovative Eyewear Investment Alerts
| 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 |
Innovative Profitablity
| Last Reported | Projected for Next Year | ||
| 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) |
Management Efficiency
The company has return on total asset (ROA) of (0.5258) % which means that it has lost $0.5258 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.8651) %, meaning that it generated substantial loss on money invested by shareholders. Innovative Eyewear's management efficiency ratios could be used to measure how well Innovative Eyewear manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.08 in 2025. Return On Capital Employed is likely to drop to -1.49 in 2025. At this time, Innovative Eyewear's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 726.9 K in 2025, whereas Other Current Assets are likely to drop slightly above 301 K in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 9.51 | 9.99 | |
| Tangible Book Value Per Share | 8.84 | 9.28 | |
| Enterprise Value Over EBITDA | (0.02) | (0.02) | |
| Price Book Value Ratio | 0.72 | 0.68 | |
| Enterprise Value Multiple | (0.02) | (0.02) | |
| Price Fair Value | 0.72 | 0.68 | |
| Enterprise Value | 6.2 M | 5.9 M |
The strategic vision of Innovative Eyewear management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Technical Drivers
As of the 24th of March, Innovative Eyewear retains the Downside Deviation of 18.17, market risk adjusted performance of (1.08), and Risk Adjusted Performance of 0.1085. Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Innovative Eyewear, as well as the relationship between them. Please check out Innovative Eyewear standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Innovative Eyewear is priced fairly, providing market reflects its last-minute price of 0.0779 per share. As Innovative Eyewear appears to be a penny stock we also urge to confirm its total risk alpha numbers.Innovative Eyewear Price Movement Analysis
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Innovative Eyewear Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Innovative Eyewear insiders, such as employees or executives, is commonly permitted as long as it does not rely on Innovative Eyewear's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Innovative Eyewear insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David Cohen over three months ago Acquisition by David Cohen of 60000 shares of Innovative Eyewear at 1.275 subject to Rule 16b-3 |
Innovative Eyewear Predictive Daily Indicators
Innovative Eyewear intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innovative Eyewear stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0779 | |||
| Day Typical Price | 0.0779 | |||
| Price Action Indicator | (0.00005) | |||
| Period Momentum Indicator | (0.0001) |
Innovative Eyewear Forecast Models
Innovative Eyewear's time-series forecasting models are one of many Innovative Eyewear's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Innovative Eyewear's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Innovative Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Innovative Eyewear prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Innovative shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Innovative Eyewear. By using and applying Innovative Stock analysis, traders can create a robust methodology for identifying Innovative entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (5.20) | (5.46) | |
| Operating Profit Margin | (5.39) | (5.66) | |
| Net Loss | (5.20) | (5.46) | |
| Gross Profit Margin | (0.09) | (0.10) |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Innovative Eyewear to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.