Innovative International Acquisition Alpha and Beta Analysis
| IOACWDelisted Stock | USD 0.07 0.01 11.77% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Innovative International Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Innovative International over a specified time horizon. Remember, high Innovative International'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 Innovative International's market risk premium analysis include:
Beta 5.07 | Alpha 1.62 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
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.
Innovative |
Innovative International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Innovative International market risk premium is the additional return an investor will receive from holding Innovative International 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 Innovative International. 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 Innovative International's performance over market.| α | 1.62 | β | 5.07 |
Innovative International Fundamentals Vs Peers
Comparing Innovative International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innovative International's direct or indirect competition across all of the common fundamentals between Innovative International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovative International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innovative International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovative International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innovative International to competition |
| Fundamentals | Innovative International | Peer Average |
| Number Of Shares Shorted | 6.05 K | 4.71 M |
| EBITDA | (8.01 M) | 3.9 B |
| Net Income | (4.63 M) | 570.98 M |
| Total Debt | 500 K | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | (1.47 M) | 971.22 M |
Innovative International Opportunities
Innovative International Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Indoor Harvest Corp. Announces Completion of Acquisition of 369Hemp - Yahoo Finance | 05/01/2023 |
About Innovative International 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 Innovative or other delisted stocks. Alpha measures the amount that position in Innovative International 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Innovative International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Innovative International's short interest history, or implied volatility extrapolated from Innovative International options trading.
Build Portfolio with Innovative International
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in Innovative Stock
If you are still planning to invest in Innovative International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovative International's history and understand the potential risks before investing.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |