Innovative Industrial Properties Stock Price on February 28, 2022
| IIPR Stock | USD 96.72 1.58 1.61% |
Below is the normalized historical share price chart for Innovative Industrial Properties extending back to December 01, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Innovative Industrial stands at 96.72, as last reported on the 16th of April 2024, with the highest price reaching 99.17 and the lowest price hitting 95.58 during the day.
If you're considering investing in Innovative Stock, it is important to understand the factors that can impact its price. We consider Innovative Industrial very steady. Innovative Industrial holds Efficiency (Sharpe) Ratio of 0.0706, which attests that the entity had a 0.0706% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Innovative Industrial, which you can use to evaluate the volatility of the firm. Please check out Innovative Industrial's Market Risk Adjusted Performance of 0.0513, risk adjusted performance of 0.0345, and Downside Deviation of 1.84 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Innovative Industrial's Common Stock Total Equity is relatively stable compared to the past year. As of 04/16/2024, Stock Based Compensation is likely to grow to about 20.6 M, while Total Stockholder Equity is likely to drop slightly above 1.1 B. . At this time, Innovative Industrial's Price Earnings Ratio is relatively stable compared to the past year. As of 04/16/2024, Price To Operating Cash Flows Ratio is likely to grow to 15.89, while Price Book Value Ratio is likely to drop 1.35. Innovative Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of December 2016 | 200 Day MA 86.2238 | 50 Day MA 96.6088 | Beta 1.515 |
Innovative |
Sharpe Ratio = 0.0706
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Innovative Industrial is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovative Industrial by adding it to a well-diversified portfolio.
Price Book 1.4362 | Enterprise Value Ebitda 11.8908 | Price Sales 8.9972 | Shares Float 27.8 M | Dividend Share 7.22 |
Innovative Industrial Valuation on February 28, 2022
It is possible to determine the worth of Innovative Industrial on a given historical date. On February 28, 2022 Innovative was worth 194.0 at the beginning of the trading date compared to the closed value of 170.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovative Industrial stock. Still, in general, we apply an absolute valuation method to find Innovative Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovative Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovative Industrial's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 194.00 | 200.21 | 170.50 | 170.50 | 1,420,251 |
| 200.09 | 208.60 | 174.89 | 174.89 | 976,891 |
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Innovative Industrial Trading Date Momentum on February 28, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Innovative Industrial Fundamentals Correlations and Trends
By evaluating Innovative Industrial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Innovative Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Innovative financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Innovative Industrial Stock history
Innovative Industrial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovative Industrial will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovative Industrial stock prices may prove useful in developing a viable investing in Innovative Industrial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.3 M | 15.4 M | |
| Net Income Applicable To Common Shares | 175 M | 183.8 M |
Innovative Industrial Stock Technical Analysis
Innovative Industrial 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.
Price Boundaries
Innovative Industrial Period Price Range
Low | April 1, 2022
| High |
194.00 | 170.50 |
Innovative Industrial April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovative Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovative Industrial shares will generate the highest return on investment. By undertsting and applying Innovative Industrial stock market strength indicators, traders can identify Innovative Industrial Properties entry and exit signals to maximize returns
| Accumulation Distribution | 210757.0 | |||
| Daily Balance Of Power | (0.79) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 185.36 | |||
| Day Typical Price | 180.4 | |||
| Price Action Indicator | (26.61) | |||
| Period Momentum Indicator | (73.78) |
Innovative Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovative Industrial's price direction in advance. Along with the technical and fundamental analysis of Innovative Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovative to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0345 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0095 | |||
| Treynor Ratio | 0.0413 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innovative Industrial Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.