Innovation Beverage Group Stock Market Value
| IBG Stock | 1.14 0.05 4.59% |
| Symbol | Innovation |
Is Beer and Liquor 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 Innovation Beverage. If investors know Innovation 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 Innovation Beverage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.24) | Revenue Per Share 0.406 | Quarterly Revenue Growth (0.39) | Return On Assets (0.28) | Return On Equity (4.45) |
The market value of Innovation Beverage is measured differently than its book value, which is the value of Innovation that is recorded on the company's balance sheet. Investors also form their own opinion of Innovation Beverage's value that differs from its market value or its book value, called intrinsic value, which is Innovation Beverage'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 Innovation Beverage's market value can be influenced by many factors that don't directly affect Innovation Beverage'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 Innovation Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovation Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovation Beverage'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.
Innovation Beverage '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 Innovation Beverage's 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 Innovation Beverage.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Innovation Beverage on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Innovation Beverage Group or generate 0.0% return on investment in Innovation Beverage over 180 days. Innovation Beverage is related to or competes with Fresh Grapes, Eastside Distilling, Willamette Valley, Diageo PLC, Willamette Valley, MGP Ingredients, and Duckhorn Portfolio. Innovation Beverage is entity of United States More
Innovation Beverage 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 Innovation Beverage's 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 Innovation Beverage Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 63.68 | |||
| Value At Risk | (18.63) | |||
| Potential Upside | 15.38 |
Innovation Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovation Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovation Beverage's standard deviation. In reality, there are many statistical measures that can use Innovation Beverage historical prices to predict the future Innovation Beverage's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.82) | |||
| Total Risk Alpha | (1.16) | |||
| Treynor Ratio | 0.8249 |
Innovation Beverage Backtested Returns
Innovation Beverage holds Efficiency (Sharpe) Ratio of -0.027, which attests that the entity had a -0.027% return per unit of risk over the last 3 months. Innovation Beverage exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Innovation Beverage's Risk Adjusted Performance of (0.05), market risk adjusted performance of 0.8349, and Standard Deviation of 11.67 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.02, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Innovation Beverage are expected to decrease slowly. On the other hand, during market turmoil, Innovation Beverage is expected to outperform it slightly. At this point, Innovation Beverage has a negative expected return of -0.31%. Please make sure to check out Innovation Beverage's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Innovation Beverage performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Innovation Beverage Group has insignificant predictability. Overlapping area represents the amount of predictability between Innovation Beverage time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovation Beverage price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Innovation Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Innovation Beverage lagged returns against current returns
Autocorrelation, which is Innovation Beverage 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 Innovation Beverage's stock expected returns. We can calculate the autocorrelation of Innovation Beverage returns to help us make a trade decision. For example, suppose you find that Innovation Beverage 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 |
| Timeline |
Innovation Beverage 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 Innovation Beverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovation Beverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovation Beverage stock over time.
Current vs Lagged Prices |
| Timeline |
Innovation Beverage Lagged Returns
When evaluating Innovation Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovation Beverage stock have on its future price. Innovation Beverage 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, Innovation Beverage autocorrelation shows the relationship between Innovation Beverage stock current value and its past values and can show if there is a momentum factor associated with investing in Innovation Beverage Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Innovation Beverage is a strong investment it is important to analyze Innovation Beverage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovation Beverage's future performance. For an informed investment choice regarding Innovation Stock, refer to the following important reports:Check out Innovation Beverage Correlation, Innovation Beverage Volatility and Innovation Beverage Alpha and Beta module to complement your research on Innovation Beverage. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Innovation Beverage 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.