Indo Global Exchange Stock Probability of Future Pink Sheet Price Finishing Over 7.0E-4
| IGEX Stock | USD 0.0006 0.0001 20.00% |
Indo |
Indo Global Target Price Odds to finish over 7.0E-4
The tendency of Indo Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 0.0007 or more in 90 days |
| 0.0006 | 90 days | 0.0007 | near 1 |
Based on a normal probability distribution, the odds of Indo Global to move over $ 0.0007 or more in 90 days from now is near 1 (This Indo Global Exchange probability density function shows the probability of Indo Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Indo Global Exchange price to stay between its current price of $ 0.0006 and $ 0.0007 at the end of the 90-day period is about 8.67 .
Given the investment horizon of 90 days Indo Global has a beta of 0.99. This usually indicates Indo Global Exchange market returns are sensitive to returns on the market. As the market goes up or down, Indo Global is expected to follow. Additionally Indo Global Exchange has an alpha of 0.7059, implying that it can generate a 0.71 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Indo Global Price Density |
| Price |
Predictive Modules for Indo Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Indo Global Exchange. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Indo Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Indo Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Indo Global is not an exception. The market had few large corrections towards the Indo Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Indo Global Exchange, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Indo Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.71 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 0.000066 | |
Ir | Information ratio | 0.10 |
Indo Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Indo Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Indo Global Exchange can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Indo Global Exchange is way too risky over 90 days horizon | |
| Indo Global Exchange has some characteristics of a very speculative penny stock | |
| Indo Global Exchange appears to be risky and price may revert if volatility continues | |
| Indo Global Exchange currently holds 463.31 K in liabilities. Indo Global Exchange has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Indo Global until it has trouble settling it off, either with new capital or with free cash flow. So, Indo Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Indo Global Exchange sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Indo to invest in growth at high rates of return. When we think about Indo Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 3.48 K. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 3.48 K. | |
| Indo Global generates negative cash flow from operations | |
| About 26.0% of the company shares are held by company insiders |
Indo Global Technical Analysis
Indo Global's future price can be derived by breaking down and analyzing its technical indicators over time. Indo Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Indo Global Exchange. In general, you should focus on analyzing Indo Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Indo Global Predictive Forecast Models
Indo Global's time-series forecasting models is one of many Indo Global's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Indo Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Indo Global Exchange
Checking the ongoing alerts about Indo Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Indo Global Exchange help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Indo Global Exchange is way too risky over 90 days horizon | |
| Indo Global Exchange has some characteristics of a very speculative penny stock | |
| Indo Global Exchange appears to be risky and price may revert if volatility continues | |
| Indo Global Exchange currently holds 463.31 K in liabilities. Indo Global Exchange has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Indo Global until it has trouble settling it off, either with new capital or with free cash flow. So, Indo Global's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Indo Global Exchange sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Indo to invest in growth at high rates of return. When we think about Indo Global's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 3.48 K. Net Loss for the year was (2.45 M) with profit before overhead, payroll, taxes, and interest of 3.48 K. | |
| Indo Global generates negative cash flow from operations | |
| About 26.0% of the company shares are held by company insiders |
Additional Tools for Indo Pink Sheet Analysis
When running Indo Global's price analysis, check to measure Indo Global'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 Indo Global is operating at the current time. Most of Indo Global's value examination focuses on studying past and present price action to predict the probability of Indo Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indo Global's price. Additionally, you may evaluate how the addition of Indo Global to your portfolios can decrease your overall portfolio volatility.