InnovAge Holding is a holding company. Through its subsidiaries, Co. provides a range of medical and ancillary services for seniors in need of care and support to live independently in their communities, including in-center services such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the Program of All-Inclusive Care for the Elderly (PACE) center and third-party medical appointments; and care management. PACE is a fully-capitated managed care program, which serves the elderly, and predominantly dual-eligible, population in a community-based service model. The INNV average annual return since 2021 is shown above.
The Average Annual Return on the INNV average annual return since 2021 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether INNV average annual return since 2021 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the INNV average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|