Innovage Holding Corp Stock Price History

INNV Stock  USD 4.00  0.03  0.74%   
Below is the normalized historical share price chart for InnovAge Holding Corp extending back to February 05, 2009. 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 InnovAge Holding stands at 4.00, as last reported on the 25th of April, with the highest price reaching 4.15 and the lowest price hitting 3.98 during the day.
IPO Date
4th of March 2021
200 Day MA
5.6592
50 Day MA
4.6325
Beta
0.142
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in InnovAge Stock, it is important to understand the factors that can impact its price. InnovAge Holding Corp holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. InnovAge Holding Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InnovAge Holding's Standard Deviation of 4.13, market risk adjusted performance of 2.68, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide.
  
At this time, InnovAge Holding's Common Stock Shares Outstanding is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to climb to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 162.3 M in 2024. . At this time, InnovAge Holding's Price To Operating Cash Flows Ratio is fairly stable compared to the past year. Price Cash Flow Ratio is likely to climb to 60.68 in 2024, whereas Price To Sales Ratio is likely to drop 1.61 in 2024. InnovAge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1248

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Estimated Market Risk

 4.24
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average InnovAge Holding is not performing at its full potential. However, 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 InnovAge Holding by adding InnovAge Holding to a well-diversified portfolio.
Price Book
1.8612
Enterprise Value Ebitda
(35.27)
Price Sales
0.7372
Shares Float
22.1 M
Wall Street Target Price
6.75

InnovAge Holding Stock Price History Chart

There are several ways to analyze InnovAge Stock price data. The simplest method is using a basic InnovAge candlestick price chart, which shows InnovAge Holding price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 12, 20245.89
Lowest PriceApril 12, 20243.91

InnovAge Holding April 25, 2024 Stock Price Synopsis

Various analyses of InnovAge Holding's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell InnovAge Stock. It can be used to describe the percentage change in the price of InnovAge Holding from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of InnovAge Stock.
InnovAge Holding Price Rate Of Daily Change 0.99 
InnovAge Holding Price Action Indicator(0.08)
InnovAge Holding Price Daily Balance Of Power(0.18)

InnovAge Holding April 25, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in InnovAge Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use InnovAge Holding intraday prices and daily technical indicators to check the level of noise trading in InnovAge Stock and then apply it to test your longer-term investment strategies against InnovAge.

InnovAge Stock Price History Data

The price series of InnovAge Holding for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 has a statistical range of 1.98 with a coefficient of variation of 12.14. Under current investment horizon, the daily prices are spread out with arithmetic mean of 4.87. The median price for the last 90 days is 4.87. The company completed 1:105 stock split on 18th of March 2019.
OpenHighLowCloseVolume
04/25/2024
 4.01  4.15  3.98  4.00 
04/23/2024 4.01  4.15  3.98  4.00  16,354 
04/22/2024 3.93  4.22  3.93  4.03  16,384 
04/19/2024 3.94  4.05  3.94  3.95  14,097 
04/18/2024 4.00  4.26  3.98  4.00  17,877 
04/17/2024 3.89  4.26  3.89  4.00  14,218 
04/16/2024 4.19  4.19  4.03  4.09  15,711 
04/15/2024 4.05  4.19  3.82  4.14  93,794 
04/12/2024 3.97  4.21  3.91  3.91  10,548 
04/11/2024 3.96  4.11  3.89  4.10  28,563 
04/10/2024 4.00  4.15  3.88  3.97  25,714 
04/09/2024 4.20  4.47  4.08  4.08  49,736 
04/08/2024 4.57  4.61  4.13  4.14  88,325 
04/05/2024 4.66  4.66  4.50  4.51  7,720 
04/04/2024 4.55  4.61  4.51  4.59  16,316 
04/03/2024 4.53  4.69  4.51  4.52  16,998 
04/02/2024 4.54  4.64  4.23  4.64  21,240 
04/01/2024 4.50  4.93  4.50  4.54  18,046 
03/28/2024 4.54  4.59  4.44  4.44  11,432 
03/27/2024 4.33  4.65  4.30  4.34  11,944 
03/26/2024 4.43  4.47  4.10  4.24  11,331 
03/25/2024 4.71  4.97  4.43  4.43  10,835 
03/22/2024 5.02  5.02  4.66  4.66  7,600 
03/21/2024 4.89  4.99  4.89  4.99  15,352 
03/20/2024 5.06  5.06  4.89  4.89  10,700 
03/19/2024 4.66  5.12  4.66  4.99  29,209 
03/18/2024 4.34  4.87  4.34  4.65  27,702 
03/15/2024 4.20  4.29  3.96  4.29  74,907 
03/14/2024 4.63  4.66  4.22  4.29  28,654 
03/13/2024 4.84  4.84  4.61  4.69  23,398 
03/12/2024 4.85  4.89  4.65  4.65  17,654 
03/11/2024 4.92  4.98  4.82  4.82  7,500 
03/08/2024 5.00  5.00  4.89  4.90  11,103 
03/07/2024 4.97  5.06  4.90  4.90  17,888 
03/06/2024 4.91  5.11  4.87  4.87  42,494 
03/05/2024 4.93  5.00  4.81  4.81  17,510 
03/04/2024 4.91  5.00  4.86  4.87  10,910 
03/01/2024 4.91  4.98  4.78  4.87  51,434 
02/29/2024 5.00  5.07  4.80  4.84  36,775 
02/28/2024 4.89  4.89  4.79  4.80  16,080 
02/27/2024 4.75  5.01  4.75  4.90  18,586 
02/26/2024 4.91  5.07  4.72  4.91  21,344 
02/23/2024 5.21  5.29  4.89  4.93  21,207 
02/22/2024 5.06  5.13  4.97  5.13  18,076 
02/21/2024 4.95  5.43  4.95  5.14  17,301 
02/20/2024 5.11  5.49  4.72  4.89  79,629 
02/16/2024 5.72  5.72  5.10  5.17  27,292 
02/15/2024 5.39  5.89  5.26  5.68  23,483 
02/14/2024 5.29  5.69  5.24  5.39  27,422 
02/13/2024 5.67  5.71  5.14  5.17  24,936 
02/12/2024 5.89  5.99  5.85  5.89  28,683 
02/09/2024 5.21  5.81  5.21  5.67  20,716 
02/08/2024 5.18  5.48  5.17  5.30  19,657 
02/07/2024 5.43  5.43  5.11  5.12  16,420 
02/06/2024 5.65  5.65  5.28  5.33  7,963 
02/05/2024 5.52  5.84  5.52  5.67  14,066 
02/02/2024 5.63  5.81  5.56  5.64  11,159 
02/01/2024 5.52  5.81  5.34  5.76  40,686 
01/31/2024 5.63  5.63  5.26  5.29  19,214 
01/30/2024 5.73  5.73  5.51  5.60  14,209 
01/29/2024 5.87  5.87  5.57  5.62  12,314 

About InnovAge Holding Stock history

InnovAge Holding 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 InnovAge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in InnovAge Holding Corp 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 InnovAge Holding stock prices may prove useful in developing a viable investing in InnovAge Holding
Last ReportedProjected for Next Year
Common Stock Shares Outstanding135.6 M148.2 M
Net Loss-36.6 M-34.8 M

InnovAge Holding Quarterly Net Working Capital

33.83 Million

InnovAge Holding Stock Technical Analysis

InnovAge Holding 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.
A focus of InnovAge Holding technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InnovAge Holding trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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InnovAge Holding Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for InnovAge Holding's price direction in advance. Along with the technical and fundamental analysis of InnovAge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of InnovAge 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.
When determining whether InnovAge Holding Corp is a strong investment it is important to analyze InnovAge Holding'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 InnovAge Holding's future performance. For an informed investment choice regarding InnovAge Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InnovAge Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary 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.
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Is InnovAge Holding'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 InnovAge Holding. If investors know InnovAge 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 InnovAge Holding 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
(0.88)
Earnings Share
(0.23)
Revenue Per Share
5.311
Quarterly Revenue Growth
0.128
Return On Assets
(0.04)
The market value of InnovAge Holding Corp is measured differently than its book value, which is the value of InnovAge that is recorded on the company's balance sheet. Investors also form their own opinion of InnovAge Holding's value that differs from its market value or its book value, called intrinsic value, which is InnovAge Holding'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 InnovAge Holding's market value can be influenced by many factors that don't directly affect InnovAge Holding'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 InnovAge Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if InnovAge Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InnovAge Holding'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.