Innovid Corp Stock Buy Hold or Sell Recommendation

CTV Stock  USD 2.42  0.04  1.63%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Innovid Corp is 'Strong Hold'. Macroaxis provides Innovid Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CTV positions. The advice algorithm takes into account all of Innovid Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Innovid Corp's buy or sell advice are summarized below:
Real Value
2.45
Target Price
2.35
Hype Value
2.47
Market Value
2.42
Naive Value
2.58
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Innovid Corp given historical horizon and risk tolerance towards Innovid Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Innovid Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Innovid Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.
In addition, we conduct extensive research on individual companies such as Innovid and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Innovid Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Execute Innovid Corp Buy or Sell Advice

The Innovid recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovid Corp. Macroaxis does not own or have any residual interests in Innovid Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovid Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Innovid CorpBuy Innovid Corp
Strong Hold

Market Performance

GoodDetails

Volatility

Very riskyDetails

Hype Condition

Under hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Innovid Corp has a Risk Adjusted Performance of 0.1233, Jensen Alpha of 0.655, Total Risk Alpha of (0.09), Sortino Ratio of 0.2471 and Treynor Ratio of 0.4693
We provide advice to complement the regular expert consensus on Innovid Corp. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Innovid Corp is not overpriced, please check out all Innovid Corp fundamentals, including its price to sales, short ratio, net asset, as well as the relationship between the cash per share and total asset . Please also validate Innovid Corp price to earning to confirm your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

Innovid Corp Trading Alerts and Improvement Suggestions

Innovid Corp appears to be risky and price may revert if volatility continues
The company reported the last year's revenue of 139.88 M. Reported Net Loss for the year was (31.91 M) with profit before taxes, overhead, and interest of 96.93 M.
About 16.0% of the company shares are held by company insiders
Latest headline from prnewswire.com: Seedtag Launches Contextual TV, a First-of-its-Kind Solution for CTV Advertisers

Innovid Corp Returns Distribution Density

The distribution of Innovid Corp's historical returns is an attempt to chart the uncertainty of Innovid Corp's future price movements. The chart of the probability distribution of Innovid Corp daily returns describes the distribution of returns around its average expected value. We use Innovid Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovid Corp returns is essential to provide solid investment advice for Innovid Corp.
Mean Return
0.90
Value At Risk
-4.44
Potential Upside
7.28
Standard Deviation
4.37
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovid Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Innovid Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Innovid Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovid Corp backward and forwards among themselves. Innovid Corp's institutional investor refers to the entity that pools money to purchase Innovid Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Millennium Management Llc2023-12-31
952.4 K
Geode Capital Management, Llc2023-12-31
864 K
Renaissance Technologies Corp2023-12-31
787.1 K
Susquehanna International Group, Llp2023-12-31
641 K
Bridgeway Capital Management, Llc2023-12-31
476.2 K
Myda Advisors Llc2023-12-31
440 K
Gsa Capital Partners Llp2023-12-31
342.9 K
Laurion Capital Management Lp2023-09-30
290.3 K
State Street Corporation2023-12-31
265.6 K
Sc Israel Iv Genpar, Ltd.2023-09-30
17.7 M
Vintage Ventures Advisors Ltd2023-09-30
7.1 M
Note, although Innovid Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Innovid Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innovid Corp or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innovid Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innovid stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.65
β
Beta against NYSE Composite1.90
σ
Overall volatility
4.34
Ir
Information ratio 0.18

Innovid Corp Volatility Alert

Innovid Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innovid Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innovid Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Innovid Corp Fundamentals Vs Peers

Comparing Innovid Corp'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 Innovid Corp's direct or indirect competition across all of the common fundamentals between Innovid Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovid Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innovid Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovid Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Innovid Corp to competition
FundamentalsInnovid CorpPeer Average
Return On Equity-0.16-0.31
Return On Asset-0.0396-0.14
Profit Margin(0.23) %(1.27) %
Operating Margin(0.01) %(5.51) %
Current Valuation320.97 M16.62 B
Shares Outstanding141.82 M571.82 M
Shares Owned By Insiders15.63 %10.09 %
Shares Owned By Institutions46.35 %39.21 %
Number Of Shares Shorted551.66 K4.71 M
Price To Earning23.87 X28.72 X
Price To Book1.78 X9.51 X
Price To Sales2.49 X11.42 X
Revenue139.88 M9.43 B
Gross Profit96.93 M27.38 B
EBITDA(5.46 M)3.9 B
Net Income(31.91 M)570.98 M
Cash And Equivalents47.54 M2.7 B
Cash Per Share0.33 X5.01 X
Total Debt21.83 M5.32 B
Debt To Equity0.09 %48.70 %
Current Ratio2.69 X2.16 X
Book Value Per Share1.39 X1.93 K
Cash Flow From Operations12.44 M971.22 M
Short Ratio2.21 X4.00 X
Earnings Per Share(0.23) X3.12 X
Target Price2.46
Number Of Employees46618.84 K
Beta3.25-0.15
Market Capitalization348.88 M19.03 B
Total Asset249.96 M29.47 B
Retained Earnings(182.8 M)9.33 B
Working Capital76.12 M1.48 B
Current Asset1.74 B9.34 B
Note: Insider Trading [view details]

Innovid Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovid . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Innovid Corp Buy or Sell Advice

When is the right time to buy or sell Innovid Corp? Buying financial instruments such as Innovid Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total6M23.8M21.8M13.8M
Total Assets205.5M259.6M250.0M180.8M

Use Investing Ideas to Build Portfolios

In addition to having Innovid Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Wireless Thematic Idea Now

Wireless
Wireless Theme
Companies providing wireless technology and communication services. The Wireless theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wireless Theme or any other thematic opportunities.
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When determining whether Innovid Corp is a strong investment it is important to analyze Innovid Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovid Corp's future performance. For an informed investment choice regarding Innovid Stock, refer to the following important reports:
Check out Innovid Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Innovid Corp's price analysis, check to measure Innovid Corp'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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.
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Is Innovid Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Innovid Corp. If investors know Innovid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Innovid Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.23)
Revenue Per Share
1.009
Quarterly Revenue Growth
0.146
Return On Assets
(0.04)
Return On Equity
(0.16)
The market value of Innovid Corp is measured differently than its book value, which is the value of Innovid that is recorded on the company's balance sheet. Investors also form their own opinion of Innovid Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovid Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Innovid Corp's market value can be influenced by many factors that don't directly affect Innovid Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Innovid Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovid Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovid Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.