Innovativ Media Group Stock Target Price

Summary

DMANDelisted Stock

USD 0 0.00 0.00%

Innovativ Media Group fundamentals help investors to digest information that contributes to Innovativ Media's financial success or failures. It also enables traders to predict the movement of Innovativ Pink Sheet. The fundamental analysis module provides a way to measure Innovativ Media's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Innovativ Media pink sheet.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Innovativ Target Price Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Innovativ Media's direct or indirect competition against its Target Price to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Innovativ Media could also be used in its relative valuation, which is a method of valuing Innovativ Media by comparing valuation metrics of similar companies.

Innovativ Media is currently under evaluation in target price category among its peers.

Innovativ Fundamentals

	Return On Asset	0.0497
	Profit Margin	0.09 %
	Operating Margin	0.09 %
	Current Valuation	3.78 M
	Shares Outstanding	675.52 M
	Price To Book	0.42 X
	Price To Sales	20.06 X
	Revenue	165 K
	Gross Profit	165 K
	EBITDA	(7.81 M)
	Net Income	14.6 K
	Cash And Equivalents	98
	Total Debt	345.14 K
	Debt To Equity	0.96 %
	Current Ratio	0.01 X
	Book Value Per Share	(0) X
	Cash Flow From Operations	61.71 K
	Price To Earnings To Growth	(37.71) X
	Beta	2.04
	Market Capitalization	3.31 M
	Total Asset	124.06 M
	Retained Earnings	(102.88 M)
	Working Capital	11.52 M
	Current Asset	78.05 M
	Current Liabilities	66.53 M
	Z Score	5.4

About Innovativ Media Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovativ Media Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovativ Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovativ Media Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Innovativ Media

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 Innovativ Media 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 Innovativ Media will appreciate offsetting losses from the drop in the long position's value.

Moving against Innovativ Pink Sheet

0.56	ZI	ZoomInfo Technologies	Pair Corr
0.4	DJCO	Daily Journal Corp Earnings Call This Week	Pair Corr
0.39	DV	DoubleVerify Holdings Sell-off Trend	Pair Corr
0.38	EB	Eventbrite Class A	Pair Corr
0.37	ZM	Zoom Video Communications	Pair Corr

The ability to find closely correlated positions to Innovativ Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovativ Media 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 Innovativ Media - 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 Innovativ Media Group to buy it.

The correlation of Innovativ Media 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 Innovativ Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovativ Media Group 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 Innovativ Media 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.

Pair Correlation Correlation Matching

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Other Consideration for investing in Innovativ Pink Sheet

If you are still planning to invest in Innovativ Media Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovativ Media's history and understand the potential risks before investing.

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