Idex ASA Financials
| IDEX Stock | NOK 0.13 0.00 0.00% |
Idex |
Understanding current and past Idex ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Idex ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in Idex ASA's assets may result in an increase in income on the income statement.
Idex ASA Stock Summary
Idex ASA competes with REC Silicon, Aker Horizons, and Saga Pure. IDEX Biometrics ASA develops and sells fingerprint imaging and recognition technology in Europe, the Middle East, Africa, the Americas, and Asia. The company was founded in 1996 and is headquartered in Brum, Norway. IDEX BIOMETRICS operates under Software - Application classification in Norway and is traded on Oslo Stock Exchange. It employs 103 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003070609 |
| Business Address | Dronning Eufemias gate |
| Sector | Electronic Equipment, Instruments & Components |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.idexbiometrics.com |
| Phone | 47 67 83 91 19 |
| Currency | NOK - Kroner |
You should never invest in Idex ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Idex Stock, because this is throwing your money away. Analyzing the key information contained in Idex ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Idex ASA Key Financial Ratios
There are many critical financial ratios that Idex ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Idex ASA reports annually and quarterly.Idex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Idex ASA's current stock value. Our valuation model uses many indicators to compare Idex ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Idex ASA competition to find correlations between indicators driving Idex ASA's intrinsic value. More Info.Idex ASA is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Idex ASA's earnings, one of the primary drivers of an investment's value.Idex ASA Systematic Risk
Idex ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Idex ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Idex ASA correlated with the market. If Beta is less than 0 Idex ASA generally moves in the opposite direction as compared to the market. If Idex ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Idex ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Idex ASA is generally in the same direction as the market. If Beta > 1 Idex ASA moves generally in the same direction as, but more than the movement of the benchmark.
Idex ASA November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Idex ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Idex ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Idex ASA based on widely used predictive technical indicators. In general, we focus on analyzing Idex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Idex ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 49.39 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 7.69 |
Other Information on Investing in Idex Stock
Idex ASA financial ratios help investors to determine whether Idex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Idex with respect to the benefits of owning Idex ASA security.