Innovative Eyewear Stock Alpha and Beta Analysis
| LUCY Stock | USD 6.51 0.37 5.38% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Innovative Eyewear. It also helps investors analyze the systematic and unsystematic risks associated with investing in Innovative Eyewear over a specified time horizon. Remember, high Innovative Eyewear'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 Eyewear's market risk premium analysis include:
Beta 2.24 | Alpha 1.19 | Risk 9.1 | Sharpe Ratio 0.11 | Expected Return 0.97 |
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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.
Innovative |
Innovative Eyewear Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Innovative Eyewear market risk premium is the additional return an investor will receive from holding Innovative Eyewear 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 Eyewear. 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 Eyewear's performance over market.| α | 1.19 | β | 2.24 |
Innovative Eyewear 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 Innovative Eyewear's Buy-and-hold return. Our buy-and-hold chart shows how Innovative Eyewear performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Innovative Eyewear Market Price Analysis
Market price analysis indicators help investors to evaluate how Innovative Eyewear stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovative Eyewear shares will generate the highest return on investment. By understating and applying Innovative Eyewear stock market price indicators, traders can identify Innovative Eyewear position entry and exit signals to maximize returns.
Innovative Eyewear Return and Market Media
The median price of Innovative Eyewear for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 6.99 with a coefficient of variation of 21.61. The daily time series for the period is distributed with a sample standard deviation of 1.52, arithmetic mean of 7.01, and mean deviation of 1.15. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Galkin Vladimir of 67164 shares of Innovative Eyewear at 7.77 subject to Rule 16b-3 | 09/17/2024 |
2 | Acquisition by Galkin Vladimir of 28130 shares of Innovative Eyewear at 8.1 subject to Rule 16b-3 | 09/18/2024 |
3 | Acquisition by Galkin Vladimir of 124562 shares of Innovative Eyewear at 9.15 subject to Rule 16b-3 | 09/19/2024 |
4 | Acquisition by Galkin Vladimir of 45401 shares of Innovative Eyewear at 10.37 subject to Rule 16b-3 | 09/20/2024 |
5 | Why Innovative Eyewear Stock Is Down 20 percent Today | 09/23/2024 |
6 | Innovative eyewear insider buys shares worth 2.47m and sells for 1.88m | 09/24/2024 |
7 | Innovative eyewear Inc insider buys shares worth over 1.8 million | 09/26/2024 |
8 | Insider Trading | 10/11/2024 |
9 | Veeam, the 1 World Leader in Data Resilience, Appoints Lucy Hur as Chief People Officer | 10/16/2024 |
10 | Disposition of 780 shares by Galkin Vladimir of Innovative Eyewear at 9.79 subject to Rule 16b-3 | 10/18/2024 |
11 | Acquisition by David Cohen of 70000 shares of Innovative Eyewear at 0.45 subject to Rule 16b-3 | 11/08/2024 |
12 | Acquisition by Galkin Vladimir of 37195 shares of Innovative Eyewear at 8.1 subject to Rule 16b-3 | 11/22/2024 |
About Innovative Eyewear 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 stocks. Alpha measures the amount that position in Innovative Eyewear 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 3.25 | 2.6 | 2.19 | 1.9 | Days Of Inventory On Hand | 185.39 | 48.27 | 245.88 | 258.18 |
Innovative Eyewear Upcoming Company Events
As portrayed in its financial statements, the presentation of Innovative Eyewear's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Innovative Eyewear's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Innovative Eyewear's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Innovative Eyewear. Please utilize our Beneish M Score to check the likelihood of Innovative Eyewear's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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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.