Innovid Corp Stock Buy Hold or Sell Recommendation
| CTV Stock | USD 2.01 0.02 0.99% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Innovid Corp is 'Hold'. Macroaxis provides Innovid Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CTV positions. The advice algorithm takes into account all of Innovid Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Innovid Corp's buy or sell advice are summarized below:
Real Value 2.17 | Target Price 2.35 | Hype Value 1.97 | Market Value 2.01 | Naive Value 1.99 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Innovid Corp given historical horizon and risk tolerance towards Innovid Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Innovid Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Innovid |
Execute Innovid Corp Buy or Sell Advice
The Innovid recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Innovid Corp. Macroaxis does not own or have any residual interests in Innovid Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Innovid Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Innovid Corp Trading Alerts and Improvement Suggestions
| Innovid Corp is way too risky over 90 days horizon | |
| Innovid Corp appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 139.88 M. Reported Net Loss for the year was (31.91 M) with profit before taxes, overhead, and interest of 96.93 M. | |
| About 17.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Innovid Corp Q1 2024 Earnings Call Transcript Highlights Strong Revenue Growth and ... |
Innovid Corp Returns Distribution Density
The distribution of Innovid Corp's historical returns is an attempt to chart the uncertainty of Innovid Corp's future price movements. The chart of the probability distribution of Innovid Corp daily returns describes the distribution of returns around its average expected value. We use Innovid Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Innovid Corp returns is essential to provide solid investment advice for Innovid Corp.
| Mean Return | 0.53 | Value At Risk | -6.75 | Potential Upside | 12.37 | Standard Deviation | 5.24 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Innovid Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Innovid Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Innovid Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Innovid Corp backward and forwards among themselves. Innovid Corp's institutional investor refers to the entity that pools money to purchase Innovid Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2023-12-31 | 952.4 K | Geode Capital Management, Llc | 2023-12-31 | 864 K | Renaissance Technologies Corp | 2023-12-31 | 787.1 K | Susquehanna International Group, Llp | 2023-12-31 | 641 K | Bridgeway Capital Management, Llc | 2023-12-31 | 476.2 K | Myda Advisors Llc | 2023-12-31 | 440 K | Gsa Capital Partners Llp | 2023-12-31 | 342.9 K | Laurion Capital Management Lp | 2023-09-30 | 290.3 K | State Street Corporation | 2023-12-31 | 265.6 K | Sc Israel Iv Genpar, Ltd. | 2023-09-30 | 17.7 M | Vintage Ventures Advisors Ltd | 2023-09-30 | 7.1 M |
Innovid Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Innovid Corp or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Innovid Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Innovid stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.37 | |
β | Beta against NYSE Composite | 2.05 | |
σ | Overall volatility | 5.34 | |
Ir | Information ratio | 0.08 |
Innovid Corp Volatility Alert
Innovid Corp shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Innovid Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Innovid Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Innovid Corp Fundamentals Vs Peers
Comparing Innovid Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Innovid Corp's direct or indirect competition across all of the common fundamentals between Innovid Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Innovid Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Innovid Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Innovid Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Innovid Corp to competition |
| Fundamentals | Innovid Corp | Peer Average |
| Return On Equity | -0.16 | -0.31 |
| Return On Asset | -0.0396 | -0.14 |
| Profit Margin | (0.23) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 291.06 M | 16.62 B |
| Shares Outstanding | 144.41 M | 571.82 M |
| Shares Owned By Insiders | 16.53 % | 10.09 % |
| Shares Owned By Institutions | 43.73 % | 39.21 % |
| Number Of Shares Shorted | 355.92 K | 4.71 M |
| Price To Earning | 23.87 X | 28.72 X |
| Price To Book | 1.74 X | 9.51 X |
| Price To Sales | 2.43 X | 11.42 X |
| Revenue | 139.88 M | 9.43 B |
| Gross Profit | 96.93 M | 27.38 B |
| EBITDA | (5.46 M) | 3.9 B |
| Net Income | (31.91 M) | 570.98 M |
| Cash And Equivalents | 47.54 M | 2.7 B |
| Cash Per Share | 0.33 X | 5.01 X |
| Total Debt | 21.83 M | 5.32 B |
| Debt To Equity | 0.09 % | 48.70 % |
| Current Ratio | 2.69 X | 2.16 X |
| Book Value Per Share | 1.39 X | 1.93 K |
| Cash Flow From Operations | 12.44 M | 971.22 M |
| Short Ratio | 0.98 X | 4.00 X |
| Earnings Per Share | (0.23) X | 3.12 X |
| Target Price | 2.73 | |
| Number Of Employees | 466 | 18.84 K |
| Beta | 3.32 | -0.15 |
| Market Capitalization | 290.27 M | 19.03 B |
| Total Asset | 249.96 M | 29.47 B |
| Retained Earnings | (182.8 M) | 9.33 B |
| Working Capital | 76.12 M | 1.48 B |
| Current Asset | 1.74 B | 9.34 B |
Note: Insider Trading [view details]
Innovid Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Innovid . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Innovid Corp Buy or Sell Advice
When is the right time to buy or sell Innovid Corp? Buying financial instruments such as Innovid Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 6M | 23.8M | 21.8M | 13.8M | Total Assets | 205.5M | 259.6M | 250.0M | 180.8M |
Use Investing Ideas to Build Portfolios
In addition to having Innovid Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Gold and Gold Mining Thematic Idea Now
Gold and Gold Mining
Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.
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Check out Innovid Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Innovid Stock please use our How to Invest in Innovid Corp guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Innovid Corp's price analysis, check to measure Innovid Corp'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 Innovid Corp is operating at the current time. Most of Innovid Corp's value examination focuses on studying past and present price action to predict the probability of Innovid Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovid Corp's price. Additionally, you may evaluate how the addition of Innovid Corp to your portfolios can decrease your overall portfolio volatility.
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Is Innovid Corp'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 Innovid Corp. If investors know Innovid 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 Innovid Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.23) | Revenue Per Share 1.009 | Quarterly Revenue Growth 0.146 | Return On Assets (0.04) | Return On Equity (0.16) |
The market value of Innovid Corp is measured differently than its book value, which is the value of Innovid that is recorded on the company's balance sheet. Investors also form their own opinion of Innovid Corp's value that differs from its market value or its book value, called intrinsic value, which is Innovid Corp'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 Innovid Corp's market value can be influenced by many factors that don't directly affect Innovid Corp'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 Innovid Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovid Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovid Corp'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.