Innovage Holding Corp Stock Alpha and Beta Analysis
| INNV Stock | USD 3.22 0.01 0.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as InnovAge Holding Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in InnovAge Holding over a specified time horizon. Remember, high InnovAge Holding's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to InnovAge Holding's market risk premium analysis include:
Beta 1.13 | Alpha (0.38) | Risk 3.95 | Sharpe Ratio (0.11) | Expected Return (0.44) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
InnovAge |
InnovAge Holding Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. InnovAge Holding market risk premium is the additional return an investor will receive from holding InnovAge Holding long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in InnovAge Holding. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate InnovAge Holding's performance over market.| α | -0.38 | β | 1.13 |
InnovAge Holding expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of InnovAge Holding's Buy-and-hold return. Our buy-and-hold chart shows how InnovAge Holding performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.InnovAge Holding Market Price Analysis
Market price analysis indicators help investors to evaluate how InnovAge Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading InnovAge Holding shares will generate the highest return on investment. By understating and applying InnovAge Holding stock market price indicators, traders can identify InnovAge Holding position entry and exit signals to maximize returns.
InnovAge Holding Return and Market Media
The median price of InnovAge Holding for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 3.69 with a coefficient of variation of 11.92. The daily time series for the period is distributed with a sample standard deviation of 0.44, arithmetic mean of 3.73, and mean deviation of 0.34. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | InnovAge Shares Cross Below Two Hundred Day Moving Average - Heres Why - MarketBeat | 01/10/2025 |
2 | InnovAge to Announce Fiscal Second Quarter 2025 Financial Results and Host Conference Call Tuesday, February 4, 2025 | 01/21/2025 |
3 | InnovAge Announces Financial Results For the Fiscal Second Quarter Ended December 31, 2024 | 02/04/2025 |
4 | InnovAge Holding Corp Q2 2025 Earnings Call Highlights Strong Revenue Growth Amid ... | 02/05/2025 |
5 | InnovAge Holding Corp. Q2 2025 Earnings Call Transcript | 02/06/2025 |
6 | Disposition of 3807 shares by Patrick Blair of InnovAge Holding at 3.25 subject to Rule 16b-3 | 02/28/2025 |
7 | Disposition of 14303 shares by Nicole DAmato of InnovAge Holding at 6.22 subject to Rule 16b-3 | 03/05/2025 |
About InnovAge Holding Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including InnovAge or other stocks. Alpha measures the amount that position in InnovAge Holding Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2024 | 2025 (projected) | Dividend Yield | 0.003783 | 0.003594 | Price To Sales Ratio | 1.03 | 0.98 |
InnovAge Holding Upcoming Company Events
As portrayed in its financial statements, the presentation of InnovAge Holding's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, InnovAge Holding's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of InnovAge Holding's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of InnovAge Holding. Please utilize our Beneish M Score to check the likelihood of InnovAge Holding's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 10th of September 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
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Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding'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 InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.