INVOCARE FPO (Australia) Today

INVOCARE FPO is trading at 11.62 as of the 26th of November 2022; that is 1.48 percent increase since the beginning of the trading day. The stock's open price was 11.45. Equity ratings for INVOCARE FPO are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
Valuation Profit Patterns
Check how we calculate scores

INVOCARE FPO Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. INVOCARE FPO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding INVOCARE FPO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
INVOCARE FPO is not yet fully synchronised with the market data
CEOOlivier Chretien
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of INVOCARE FPO's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
INVOCARE FPO (IVC) is traded on Australian Securities Exchange in Australia and employs 1,798 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate INVOCARE FPO's market, we take the total number of its shares issued and multiply it by INVOCARE FPO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. INVOCARE FPO operates under Consumer Cyclical sector and is part of Personal Services industry. The entity has 144.06 M outstanding shares. INVOCARE FPO has accumulated about 131.15 M in cash with 76.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.92.
Check INVOCARE FPO Probability Of Bankruptcy

INVOCARE Stock Price Odds Analysis

Based on a normal probability distribution, the odds of INVOCARE FPO jumping above the current price in 90 days from now is about 36.94%. The INVOCARE FPO probability density function shows the probability of INVOCARE FPO stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon INVOCARE FPO has a beta of 0.1079. This usually indicates as returns on the market go up, INVOCARE FPO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding INVOCARE FPO will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0936, implying that it can generate a 0.0936 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 11.62HorizonTargetOdds Above 11.62
62.82%90 days
 11.62 
36.94%
Based on a normal probability distribution, the odds of INVOCARE FPO to move above the current price in 90 days from now is about 36.94 (This INVOCARE FPO probability density function shows the probability of INVOCARE Stock to fall within a particular range of prices over 90 days) .

INVOCARE FPO Historical Income Statement

INVOCARE FPO Income Statement is one of the three primary financial statements used for reporting INVOCARE's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of INVOCARE FPO revenue and expense. INVOCARE FPO Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Direct Expenses is likely to drop to about 107.2 M in 2022. Net Income is likely to drop to about 52.5 M in 2022 View More Fundamentals

INVOCARE Stock Against Markets

Picking the right benchmark for INVOCARE FPO stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in INVOCARE FPO stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for INVOCARE FPO is critical whether you are bullish or bearish towards INVOCARE FPO at a given time.

INVOCARE FPO Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with INVOCARE FPO stock to make a market-neutral strategy. Peer analysis of INVOCARE FPO could also be used in its relative valuation, which is a method of valuing INVOCARE FPO by comparing valuation metrics with similar companies.
Medlab ClinicalLovisa HoldingsAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondSeagate Technology HldgsVistra Energy Corp
 Risk & Return  Correlation

INVOCARE FPO Corporate Directors

INVOCARE FPO corporate directors refer to members of an INVOCARE FPO board of directors. The board of directors generally takes responsibility for the INVOCARE FPO's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of INVOCARE FPO's board members must vote for the resolution. The INVOCARE FPO board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gary Stead - Non-Executive DirectorProfile
Robyn Stubbs - Non-Executive Independent DirectorProfile
Keith Skinner - Non-Executive Independent DirectorProfile
Roger Penman - Non-Executive DirectorProfile

Invested in INVOCARE FPO?

The danger of trading INVOCARE FPO is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of INVOCARE FPO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than INVOCARE FPO. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile INVOCARE FPO is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please see Risk vs Return Analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for analysis

When running INVOCARE FPO price analysis, check to measure INVOCARE FPO'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 INVOCARE FPO is operating at the current time. Most of INVOCARE FPO's value examination focuses on studying past and present price action to predict the probability of INVOCARE FPO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move INVOCARE FPO's price. Additionally, you may evaluate how the addition of INVOCARE FPO to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Please note, there is a significant difference between INVOCARE FPO's value and its price as these two are different measures arrived at by different means. Investors typically determine INVOCARE FPO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, INVOCARE FPO'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.