Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Innovative Industrial Properties is 'Strong Hold'. Macroaxis provides Innovative Industrial buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IIPR positions. The advice algorithm takes into account all of Innovative Industrial available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from IIPR buy-and-hold prospective. Please also check Innovative Industrial Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Innovative Industrial Properties has a risk adjusted performance of 0.169, jensen alpha of 0.822, total risk alpha of 0.0668, sortino ratio of 0.1668 and treynor ratio of 0.6012Macroaxis provides buy, hold, or sell recommendation on Innovative Industrial to complement and cross-verify current analyst consensus on Innovative Industrial. Our buy or sell recommendations engine determines the entity potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Innovative Industrial Properties is not overpriced, please check out all Innovative Industrial fundamentals including its Price to Book, Current Ratio, Working Capital, as well as the relationship between Net Income and Number of Employees . Given that Innovative Industrial has Number of Shares Shorted of 2.58M, we strongly advise you confirm Innovative Industrial market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.
Innovative Industrial Trading Alerts and Improvement Suggestions
Innovative Industrial appears to be very risky and stock price may revert if volatility continues
Innovative Industrial Properties exhibits above average semi-deviation of 4.27 for selected time horizon. We encourage investors to investigate Innovative Industrial Properties individually to make sure intended market timing strategies and available technical indicagtors are consistent with their estimates about Innovative Industrial future systematic risk.