Innovative Industrial Properties Stock Probability of Future Stock Price Finishing Under 96.39
| IIPR Stock | USD 97.71 0.17 0.17% |
Closest to current price Innovative long CALL Option Payoff at Expiration
Innovative |
Innovative Industrial Target Price Odds to finish below 96.39
The tendency of Innovative Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 96.39 or more in 90 days |
| 97.71 | 90 days | 96.39 | about 60.61 |
Based on a normal probability distribution, the odds of Innovative Industrial to drop to $ 96.39 or more in 90 days from now is about 60.61 (This Innovative Industrial Properties probability density function shows the probability of Innovative Stock to fall within a particular range of prices over 90 days) . Probability of Innovative Industrial price to stay between $ 96.39 and its current price of $97.71 at the end of the 90-day period is about 11.01 .
Given the investment horizon of 90 days Innovative Industrial Properties has a beta of -0.17. This usually indicates as returns on the benchmark increase, returns on holding Innovative Industrial are expected to decrease at a much lower rate. During a bear market, however, Innovative Industrial Properties is likely to outperform the market. Additionally Innovative Industrial Properties has an alpha of 0.0834, implying that it can generate a 0.0834 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Innovative Industrial Price Density |
| Price |
Predictive Modules for Innovative Industrial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innovative Industrial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovative Industrial's 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.
Innovative Industrial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innovative Industrial is not an exception. The market had few large corrections towards the Innovative Industrial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Innovative Industrial Properties, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innovative Industrial within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.08 | |
β | Beta against NYSE Composite | -0.17 | |
σ | Overall volatility | 4.35 | |
Ir | Information ratio | -0.0051 |
Innovative Industrial Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Innovative Industrial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Innovative Industrial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Innovative Industrial is unlikely to experience financial distress in the next 2 years | |
| Innovative Industrial has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Innovative Industrial paid $ 1.82 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: CubeSmart Meets Q1 FFO Estimates |
Innovative Industrial Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Innovative Stock often depends not only on the future outlook of the current and potential Innovative Industrial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Innovative Industrial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 28.3 M | |
| Cash And Short Term Investments | 163.6 M |
Innovative Industrial Technical Analysis
Innovative Industrial's future price can be derived by breaking down and analyzing its technical indicators over time. Innovative Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Innovative Industrial Properties. In general, you should focus on analyzing Innovative Stock price patterns and their correlations with different microeconomic environments and drivers.
Innovative Industrial Predictive Forecast Models
Innovative Industrial's time-series forecasting models is one of many Innovative Industrial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Innovative Industrial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Innovative Industrial
Checking the ongoing alerts about Innovative Industrial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Innovative Industrial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Innovative Industrial is unlikely to experience financial distress in the next 2 years | |
| Innovative Industrial has a strong financial position based on the latest SEC filings | |
| About 73.0% of the company shares are owned by institutional investors | |
| On 15th of April 2024 Innovative Industrial paid $ 1.82 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: CubeSmart Meets Q1 FFO Estimates |
Check out Innovative Industrial Backtesting, Innovative Industrial Valuation, Innovative Industrial Correlation, Innovative Industrial Hype Analysis, Innovative Industrial Volatility, Innovative Industrial History as well as Innovative Industrial Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Innovative Stock analysis
When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.
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Is Innovative Industrial'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 Innovative Industrial. If investors know Innovative 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 Innovative Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 7.22 | Earnings Share 5.77 | Revenue Per Share 11.063 | Quarterly Revenue Growth 0.123 |
The market value of Innovative Industrial is measured differently than its book value, which is the value of Innovative that is recorded on the company's balance sheet. Investors also form their own opinion of Innovative Industrial's value that differs from its market value or its book value, called intrinsic value, which is Innovative Industrial'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 Innovative Industrial's market value can be influenced by many factors that don't directly affect Innovative Industrial'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 Innovative Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovative Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovative Industrial'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.