Innovative International Acquisition Performance
| IOACDelisted Stock | USD 9.60 1.40 12.73% |
The company retains a Market Volatility (i.e., Beta) of -1.38, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Innovative International are expected to decrease by larger amounts. On the other hand, during market turmoil, Innovative International is expected to outperform it. Innovative International right now retains a risk of 0.0%. Please check out Innovative International skewness, rate of daily change, and the relationship between the value at risk and accumulation distribution , to decide if Innovative International will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Innovative International Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Innovative International is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 979.6 K |
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Innovative International Relative Risk vs. Return Landscape
If you would invest 960.00 in Innovative International Acquisition on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Innovative International Acquisition or generate 0.0% return on investment over 90 days. Innovative International Acquisition is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Innovative, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Innovative International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovative International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Innovative International Acquisition, and traders can use it to determine the average amount a Innovative International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Innovative International 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 Innovative International by adding Innovative International to a well-diversified portfolio.
Innovative International Fundamentals Growth
Innovative Stock prices reflect investors' perceptions of the future prospects and financial health of Innovative International, and Innovative International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Innovative Stock performance.
| Current Valuation | 138.7 M | |||
| Shares Outstanding | 2.44 M | |||
| Price To Book | 15.89 X | |||
| EBITDA | (8.01 M) | |||
| Cash And Equivalents | 587.58 K | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 500 K | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | (1.96) X | |||
| Cash Flow From Operations | (1.47 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 238.21 M | |||
| Retained Earnings | (18.81 M) | |||
About Innovative International Performance
To evaluate Innovative International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Innovative International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Innovative Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Innovative International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Innovative's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Innovative International Acquisition Corp. does not have significant operations. The company was incorporated in 2021 and is based in Dana Point, California. Innovative Intl is traded on NASDAQ Exchange in the United States.Things to note about Innovative International performance evaluation
Checking the ongoing alerts about Innovative International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Innovative International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Innovative International is now traded under the symbol ZCAR. Please update your portfolios or report it if you believe this is an error. Report It! | |
| Innovative International is not yet fully synchronised with the market data | |
| Innovative International has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (4.63 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Innovative International Acquisition currently holds about 587.58 K in cash with (1.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Innovative International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Innovative International's stock is overvalued or undervalued compared to its peers.
- Examining Innovative International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Innovative International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innovative International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Innovative International's stock. These opinions can provide insight into Innovative International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Innovative International information on this page should be used as a complementary analysis to other Innovative International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Other Consideration for investing in Innovative Stock
If you are still planning to invest in Innovative International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Innovative International's history and understand the potential risks before investing.
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