Inneova Holdings Limited Stock Market Value
| INEO Stock | 0.93 0 0.32% |
| Symbol | INNEOVA |
INNEOVA Holdings Price To Book Ratio
Is Distributors space 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 INNEOVA Holdings. If investors know INNEOVA 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 INNEOVA Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of INNEOVA Holdings is measured differently than its book value, which is the value of INNEOVA that is recorded on the company's balance sheet. Investors also form their own opinion of INNEOVA Holdings' value that differs from its market value or its book value, called intrinsic value, which is INNEOVA 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 INNEOVA Holdings' market value can be influenced by many factors that don't directly affect INNEOVA 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 INNEOVA Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if INNEOVA Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INNEOVA 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.
INNEOVA Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to INNEOVA Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of INNEOVA Holdings.
| 05/04/2025 |
| 08/02/2025 |
If you would invest 0.00 in INNEOVA Holdings on May 4, 2025 and sell it all today you would earn a total of 0.00 from holding INNEOVA Holdings Limited or generate 0.0% return on investment in INNEOVA Holdings over 90 days. INNEOVA Holdings is related to or competes with Alto Neuroscience,, Alvotech, Equitech International, Alto Ingredients, Western Digital, Air Products, and Sensient Technologies. INNEOVA Holdings is entity of United States More
INNEOVA Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure INNEOVA Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess INNEOVA Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.61 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 77.61 | |||
| Value At Risk | (13.58) | |||
| Potential Upside | 19.17 |
INNEOVA Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for INNEOVA Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as INNEOVA Holdings' standard deviation. In reality, there are many statistical measures that can use INNEOVA Holdings historical prices to predict the future INNEOVA Holdings' volatility.| Risk Adjusted Performance | 0.013 | |||
| Jensen Alpha | 0.172 | |||
| Total Risk Alpha | (2.01) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of INNEOVA Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
INNEOVA Holdings Backtested Returns
As of now, INNEOVA Stock is out of control. INNEOVA Holdings holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for INNEOVA Holdings, which you can use to evaluate the volatility of the firm. Please check out INNEOVA Holdings' risk adjusted performance of 0.013, and Market Risk Adjusted Performance of (0.04) to validate if the risk estimate we provide is consistent with the expected return of 0.0536%. The company retains a Market Volatility (i.e., Beta) of -0.94, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning INNEOVA Holdings are expected to decrease slowly. On the other hand, during market turmoil, INNEOVA Holdings is expected to outperform it slightly. INNEOVA Holdings currently retains a risk of 11.84%. Please check out INNEOVA Holdings treynor ratio and the relationship between the semi variance and relative strength index , to decide if INNEOVA Holdings will be following its current trending patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
INNEOVA Holdings Limited has poor reverse predictability. Overlapping area represents the amount of predictability between INNEOVA Holdings time series from 4th of May 2025 to 18th of June 2025 and 18th of June 2025 to 2nd of August 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of INNEOVA Holdings price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current INNEOVA Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
INNEOVA Holdings lagged returns against current returns
Autocorrelation, which is INNEOVA Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting INNEOVA Holdings' stock expected returns. We can calculate the autocorrelation of INNEOVA Holdings returns to help us make a trade decision. For example, suppose you find that INNEOVA Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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INNEOVA Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If INNEOVA Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if INNEOVA Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in INNEOVA Holdings stock over time.
Current vs Lagged Prices |
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INNEOVA Holdings Lagged Returns
When evaluating INNEOVA Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of INNEOVA Holdings stock have on its future price. INNEOVA Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, INNEOVA Holdings autocorrelation shows the relationship between INNEOVA Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in INNEOVA Holdings Limited.
Regressed Prices |
| Timeline |
Pair Trading with INNEOVA Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if INNEOVA Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in INNEOVA Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against INNEOVA Stock
The ability to find closely correlated positions to INNEOVA Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INNEOVA Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back INNEOVA Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling INNEOVA Holdings Limited to buy it.
The correlation of INNEOVA Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as INNEOVA Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INNEOVA Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for INNEOVA Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out INNEOVA Holdings Correlation, INNEOVA Holdings Volatility and INNEOVA Holdings Alpha and Beta module to complement your research on INNEOVA Holdings. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
INNEOVA Holdings 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.