Disposition of 5053 shares by Patrick Blair of InnovAge Holding at 4.87 subject to Rule 16b-3
| INNV Stock | USD 3.92 0.13 3.21% |
Slightly above 62% of InnovAge Holding's investor base is looking to short. The analysis of the overall prospects from investing in InnovAge Holding Corp suggests that many traders are, at the present time, alarmed. InnovAge Holding's investing sentiment can be driven by a variety of factors including economic data, InnovAge Holding's earnings reports, geopolitical events, and overall market trends.
InnovAge |
Filed transaction by InnovAge Holding Corp Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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InnovAge Holding Fundamental Analysis
We analyze InnovAge Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InnovAge Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of InnovAge Holding 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.
Price To Earning
Price To Earning Comparative Analysis
InnovAge Holding is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
InnovAge Holding Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with InnovAge Holding stock to make a market-neutral strategy. Peer analysis of InnovAge Holding could also be used in its relative valuation, which is a method of valuing InnovAge Holding by comparing valuation metrics with similar companies.
Peers
InnovAge Holding Related Equities
| MODV | ModivCare | 3.18 | ||||
| EHAB | Enhabit | 0.65 | ||||
| EHC | Encompass Health | 0.79 | ||||
| ENSG | Ensign | 0.98 | ||||
| CCEL | CryoCell International | 1.03 | ||||
| PNTG | Pennant | 1.66 | ||||
| NHC | National HealthCare | 1.91 | ||||
| SEM | Select Medical | 2.11 |
Additional Tools for InnovAge Stock Analysis
When running InnovAge Holding's price analysis, check to measure InnovAge Holding'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 InnovAge Holding is operating at the current time. Most of InnovAge Holding's value examination focuses on studying past and present price action to predict the probability of InnovAge Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InnovAge Holding's price. Additionally, you may evaluate how the addition of InnovAge Holding to your portfolios can decrease your overall portfolio volatility.