Innoviz Technologies Stock Technical Analysis
| INVZ Stock | USD 1.01 0.05 5.21% |
As of the 25th of April, Innoviz Technologies retains the Risk Adjusted Performance of (0.11), standard deviation of 4.38, and Market Risk Adjusted Performance of (0.33). Innoviz Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Innoviz Technologies, which can be compared to its competitors. Please check out Innoviz Technologies variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Innoviz Technologies is priced fairly, providing market reflects its last-minute price of 1.01 per share. Given that Innoviz Technologies is a hitting penny stock territory we urge to closely look at its jensen alpha.
Innoviz Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Innoviz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InnovizInnoviz |
Innoviz Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.17 | Strong Buy | 5 | Odds |
Most Innoviz analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Innoviz stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Innoviz Technologies, talking to its executives and customers, or listening to Innoviz conference calls.
Innoviz Technologies 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.
Innoviz Technologies Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Innoviz Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Innoviz Technologies Trend Analysis
Use this graph to draw trend lines for Innoviz Technologies. You can use it to identify possible trend reversals for Innoviz Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Innoviz Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Innoviz Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Innoviz Technologies applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Innoviz Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.21, which is the sum of squared deviations for the predicted Innoviz Technologies price change compared to its average price change.About Innoviz Technologies Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Innoviz Technologies on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Innoviz Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Innoviz Technologies price pattern first instead of the macroeconomic environment surrounding Innoviz Technologies. By analyzing Innoviz Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Innoviz Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Innoviz Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 1.82 | 1.77 | 4.04 | 4.25 | Days Of Inventory On Hand | 148.12 | 104.54 | 20.99 | 19.94 |
Innoviz Technologies April 25, 2024 Technical Indicators
Most technical analysis of Innoviz help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Innoviz from various momentum indicators to cycle indicators. When you analyze Innoviz charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.33) | |||
| Mean Deviation | 3.28 | |||
| Coefficient Of Variation | (529.83) | |||
| Standard Deviation | 4.38 | |||
| Variance | 19.21 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (1.05) | |||
| Total Risk Alpha | (1.44) | |||
| Treynor Ratio | (0.34) | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 5.06 | |||
| Skewness | 0.0264 | |||
| Kurtosis | 0.2367 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Innoviz Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Innoviz Stock please use our How to Invest in Innoviz Technologies guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Innoviz Stock analysis
When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' 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 Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Innoviz Technologies' 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 Innoviz Technologies. If investors know Innoviz 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 Innoviz Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 0.142 | Quarterly Revenue Growth 8.459 | Return On Assets (0.35) | Return On Equity (0.71) |
The market value of Innoviz Technologies is measured differently than its book value, which is the value of Innoviz that is recorded on the company's balance sheet. Investors also form their own opinion of Innoviz Technologies' value that differs from its market value or its book value, called intrinsic value, which is Innoviz Technologies' 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 Innoviz Technologies' market value can be influenced by many factors that don't directly affect Innoviz Technologies' 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 Innoviz Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Innoviz Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innoviz Technologies' 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.