Innovid Corp Stock Technical Analysis
| CTV Stock | USD 2.20 0.01 0.45% |
As of the 23rd of April, Innovid Corp retains the Market Risk Adjusted Performance of 0.7046, risk adjusted performance of 0.1198, and Downside Deviation of 3.03. Innovid Corp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Innovid Corp, which can be compared to its competitors. Please check out Innovid Corp coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Innovid Corp is priced fairly, providing market reflects its last-minute price of 2.2 per share. Please also validate Innovid Corp total risk alpha, which is currently at 0.2327 to confirm the company can sustain itself at a future point.
Innovid Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innovid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnovidInnovid |
Innovid Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.35 | Buy | 3 | Odds |
Most Innovid analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Innovid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Innovid Corp, talking to its executives and customers, or listening to Innovid conference calls.
Innovid Corp 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.
Innovid Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Innovid Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innovid Corp Trend Analysis
Use this graph to draw trend lines for Innovid Corp. You can use it to identify possible trend reversals for Innovid Corp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Innovid Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innovid Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innovid Corp applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that Innovid Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 13.22, which is the sum of squared deviations for the predicted Innovid Corp price change compared to its average price change.About Innovid Corp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Innovid Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Innovid Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Innovid Corp price pattern first instead of the macroeconomic environment surrounding Innovid Corp. By analyzing Innovid Corp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Innovid Corp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Innovid Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Payables Turnover | 3.54 | 15.85 | 16.65 | Days Of Inventory On Hand | 2.1E-5 | 2.4E-5 | 2.8E-5 |
Innovid Corp April 23, 2024 Technical Indicators
Most technical analysis of Innovid help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Innovid from various momentum indicators to cycle indicators. When you analyze Innovid charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1198 | |||
| Market Risk Adjusted Performance | 0.7046 | |||
| Mean Deviation | 3.27 | |||
| Semi Deviation | 2.48 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 553.93 | |||
| Standard Deviation | 4.68 | |||
| Variance | 21.93 | |||
| Information Ratio | 0.1615 | |||
| Jensen Alpha | 0.7401 | |||
| Total Risk Alpha | 0.2327 | |||
| Sortino Ratio | 0.2492 | |||
| Treynor Ratio | 0.6946 | |||
| Maximum Drawdown | 24.32 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 12.37 | |||
| Downside Variance | 9.21 | |||
| Semi Variance | 6.14 | |||
| Expected Short fall | (4.52) | |||
| Skewness | 1.53 | |||
| Kurtosis | 3.28 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in 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. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Innovid Stock analysis
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.