The Inx Digital Stock Probability of Future OTC Stock Price Finishing Under 0.055
| INXDF Stock | USD 0.05 0 8.06% |
INX |
INX Digital Target Price Odds to finish below 0.055
The tendency of INX OTC Stock 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 stay under $ 0.06 after 90 days |
| 0.05 | 90 days | 0.06 | about 35.45 |
Based on a normal probability distribution, the odds of INX Digital to stay under $ 0.06 after 90 days from now is about 35.45 (This The INX Digital probability density function shows the probability of INX OTC Stock to fall within a particular range of prices over 90 days) . Probability of INX Digital price to stay between its current price of $ 0.05 and $ 0.06 at the end of the 90-day period is about 6.41 .
Assuming the 90 days horizon The INX Digital has a beta of -0.4. This usually indicates as returns on the benchmark increase, returns on holding INX Digital are expected to decrease at a much lower rate. During a bear market, however, The INX Digital is likely to outperform the market. Additionally The INX Digital has an alpha of 0.3658, implying that it can generate a 0.37 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). INX Digital Price Density |
| Price |
Predictive Modules for INX Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as INX Digital. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock 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 INX Digital'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.
INX Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. INX Digital is not an exception. The market had few large corrections towards the INX Digital'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 The INX Digital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of INX Digital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.37 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.02 |
INX Digital 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 INX Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for INX Digital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| INX Digital is way too risky over 90 days horizon | |
| INX Digital has some characteristics of a very speculative penny stock | |
| INX Digital appears to be risky and price may revert if volatility continues | |
| The INX Digital has accumulated 1.62 M in total debt. INX Digital has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist INX Digital until it has trouble settling it off, either with new capital or with free cash flow. So, INX Digital'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 INX Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for INX to invest in growth at high rates of return. When we think about INX Digital's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (215.24 M) with profit before overhead, payroll, taxes, and interest of 2.54 M. | |
| The INX Digital has accumulated about 39.99 M in cash with (21.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of the company shares are held by company insiders |
INX Digital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of INX OTC Stock often depends not only on the future outlook of the current and potential INX Digital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. INX Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 3.6 M | |
| Shares Float | 167.7 M |
INX Digital Technical Analysis
INX Digital's future price can be derived by breaking down and analyzing its technical indicators over time. INX OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The INX Digital. In general, you should focus on analyzing INX OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
INX Digital Predictive Forecast Models
INX Digital's time-series forecasting models is one of many INX Digital's otc stock 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 INX Digital'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 otc stock market movement and maximize returns from investment trading.
Things to note about INX Digital
Checking the ongoing alerts about INX Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for INX Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| INX Digital is way too risky over 90 days horizon | |
| INX Digital has some characteristics of a very speculative penny stock | |
| INX Digital appears to be risky and price may revert if volatility continues | |
| The INX Digital has accumulated 1.62 M in total debt. INX Digital has a current ratio of 0.73, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist INX Digital until it has trouble settling it off, either with new capital or with free cash flow. So, INX Digital'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 INX Digital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for INX to invest in growth at high rates of return. When we think about INX Digital's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (215.24 M) with profit before overhead, payroll, taxes, and interest of 2.54 M. | |
| The INX Digital has accumulated about 39.99 M in cash with (21.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of the company shares are held by company insiders |
Other Information on Investing in INX OTC Stock
INX Digital financial ratios help investors to determine whether INX OTC 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 INX with respect to the benefits of owning INX Digital security.