Inovalon Holdings Etf Buy Hold or Sell Recommendation
| INOV Etf | USD 27.78 0.14 0.51% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Inovalon Holdings is 'Strong Hold'. Macroaxis provides Inovalon Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding INOV positions. The advice algorithm takes into account all of Inovalon Holdings' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Inovalon Holdings' buy or sell advice are summarized below:
Real Value 27.7 | Target Price 25.61 | Hype Value 27.78 | Market Value 27.78 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Inovalon Holdings given historical horizon and risk tolerance towards Inovalon Holdings. When Macroaxis issues a 'buy' or 'sell' recommendation for Inovalon Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Inovalon |
Execute Inovalon Holdings Buy or Sell Advice
The Inovalon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Inovalon Holdings. Macroaxis does not own or have any residual interests in Inovalon Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Inovalon Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Inovalon Holdings Trading Alerts and Improvement Suggestions
| Over 76.0% of the company shares are owned by institutional investors | |
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Inovalon Holdings Returns Distribution Density
The distribution of Inovalon Holdings' historical returns is an attempt to chart the uncertainty of Inovalon Holdings' future price movements. The chart of the probability distribution of Inovalon Holdings daily returns describes the distribution of returns around its average expected value. We use Inovalon Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Inovalon Holdings returns is essential to provide solid investment advice for Inovalon Holdings.
| Mean Return | 0.05 | Value At Risk | -0.47 | Potential Upside | 0.61 | Standard Deviation | 0.35 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Inovalon Holdings 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.
Inovalon Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Inovalon Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Inovalon Holdings backward and forwards among themselves. Inovalon Holdings' institutional investor refers to the entity that pools money to purchase Inovalon Holdings' 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 | Bessemer Investment Management Llc | 2023-12-31 | 0.0 |
Inovalon Holdings 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 Inovalon Holdings or Health Care Technology 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 Inovalon Holdings' price will be affected by overall etf 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 Inovalon etf'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 | -0.0012 | |
β | Beta against NYSE Composite | 0.48 | |
σ | Overall volatility | 0.35 | |
Ir | Information ratio | -0.12 |
Inovalon Holdings Volatility Alert
Inovalon Holdings exhibits very low volatility with skewness of -0.32 and kurtosis of 0.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Inovalon Holdings' etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Inovalon Holdings' etf 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.Inovalon Holdings Fundamentals Vs Peers
Comparing Inovalon Holdings' 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 Inovalon Holdings' direct or indirect competition across all of the common fundamentals between Inovalon Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Inovalon Holdings or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Inovalon Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Inovalon Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Inovalon Holdings to competition |
| Fundamentals | Inovalon Holdings | Peer Average |
| Price To Earning | 188.89 X | 3.15 X |
| Price To Book | 8.31 X | 0.39 X |
| Price To Sales | 8.25 X | 0.33 X |
| Beta | 0.53 | |
| Net Asset | 1.97 B | 2.29 B |
Note: Acquisition by Jason Capitel of 11319 shares of Inovalon Holdings subject to Rule 16b-3 [view details]
Inovalon Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Inovalon . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 27.78 | |||
| Day Typical Price | 27.78 | |||
| Price Action Indicator | 0.07 | |||
| Period Momentum Indicator | 0.14 |
About Inovalon Holdings Buy or Sell Advice
When is the right time to buy or sell Inovalon Holdings? Buying financial instruments such as Inovalon Etf 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.
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Check out Inovalon Holdings 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 Inovalon Etf please use our How to Invest in Inovalon Holdings guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Inovalon Holdings is measured differently than its book value, which is the value of Inovalon that is recorded on the company's balance sheet. Investors also form their own opinion of Inovalon Holdings' value that differs from its market value or its book value, called intrinsic value, which is Inovalon Holdings' 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 Inovalon Holdings' market value can be influenced by many factors that don't directly affect Inovalon Holdings' 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 Inovalon Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inovalon Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inovalon Holdings' 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.