Innoviva Stock Alpha and Beta Analysis
| INVA Stock | USD 17.39 0.02 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Innoviva. It also helps investors analyze the systematic and unsystematic risks associated with investing in Innoviva over a specified time horizon. Remember, high Innoviva'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 Innoviva's market risk premium analysis include:
Beta 0.42 | Alpha (0.07) | Risk 0.94 | Sharpe Ratio (0.1) | Expected Return (0.09) |
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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.
Innoviva |
Innoviva Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Innoviva market risk premium is the additional return an investor will receive from holding Innoviva 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 Innoviva. 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 Innoviva's performance over market.| α | -0.07 | β | 0.42 |
Innoviva 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 Innoviva's Buy-and-hold return. Our buy-and-hold chart shows how Innoviva performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Innoviva Market Price Analysis
Market price analysis indicators help investors to evaluate how Innoviva stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innoviva shares will generate the highest return on investment. By understating and applying Innoviva stock market price indicators, traders can identify Innoviva position entry and exit signals to maximize returns.
Innoviva Return and Market Media
The median price of Innoviva for the period between Sat, Dec 14, 2024 and Fri, Mar 14, 2025 is 18.06 with a coefficient of variation of 2.92. The daily time series for the period is distributed with a sample standard deviation of 0.53, arithmetic mean of 18.08, and mean deviation of 0.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Innoviva Specialty Therapeutics Signs Exclusive Distribution and Licensing Agreement to Acquire U.S. Marketing Rights for Zevtera | 12/16/2024 |
2 | Innoviva Inc to Present at Oppenheimer 35th Annual Healthcare Life Sciences Conference | 02/06/2025 |
3 | Entropy Technologies LP Acquires New Holdings in Innoviva, Inc. - MarketBeat | 02/14/2025 |
4 | Disposition of 1106 shares by Basso Stephen of Innoviva at 18.07 subject to Rule 16b-3 | 02/20/2025 |
5 | Innoviva Reports Fourth Quarter and Full Year 2024 Financial Results Highlights Recent Company Progress | 02/26/2025 |
6 | Innoviva Full Year 2024 Earnings EPS US0.37 | 02/28/2025 |
7 | Disposition of 151175 shares by Denner Alexander J of Innoviva at 17.6291 subject to Rule 16b-3 | 03/04/2025 |
8 | Innoviva Inc to Participate in Barclays 27th Annual Global Healthcare Conference | 03/05/2025 |
9 | Disposition of 1196746 shares by Denner Alexander J of Innoviva at 17.5177 subject to Rule 16b-3 | 03/06/2025 |
10 | Armata Pharmaceuticals Announces 10 Million Secured Credit Agreement with Innoviva | 03/12/2025 |
About Innoviva 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 Innoviva or other stocks. Alpha measures the amount that position in Innoviva 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Graham Number | 23.7 | 25.25 | 9.62 | 13.66 | Receivables Turnover | 5.17 | 3.69 | 17.59 | 22.22 |
Innoviva Upcoming Company Events
As portrayed in its financial statements, the presentation of Innoviva's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innoviva's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Innoviva's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Innoviva. Please utilize our Beneish M Score to check the likelihood of Innoviva's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Innoviva Backtesting, Innoviva Valuation, Innoviva Correlation, Innoviva Hype Analysis, Innoviva Volatility, Innoviva History and analyze Innoviva Performance. For information on how to trade Innoviva Stock refer to our How to Trade Innoviva Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Innoviva 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.