IDEX Biometrics ASA Buy Hold or Sell Recommendation

IDXAFDelisted Stock  USD 0.17  0.00  0.00%   
Assuming the 90 days horizon and your typical level of risk aversion, our recommendation regarding IDEX Biometrics ASA is 'Not Rated'. Macroaxis provides IDEX Biometrics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IDXAF positions.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Note, we conduct extensive research on individual companies such as IDEX and provide practical buy, sell, or hold advice based on investors' constraints. IDEX Biometrics ASA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Execute IDEX Biometrics Buy or Sell Advice

The IDEX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IDEX Biometrics ASA. Macroaxis does not own or have any residual interests in IDEX Biometrics ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IDEX Biometrics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IDEX BiometricsBuy IDEX Biometrics
Not Rated
For the selected time horizon IDEX Biometrics ASA has a Risk Adjusted Performance of 0.1038, Jensen Alpha of 1.54, Total Risk Alpha of (0.49) and Treynor Ratio of 1.37
We provide advice to complement the regular expert consensus on IDEX Biometrics. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available right now. To make sure IDEX Biometrics ASA is not overpriced, please check out all IDEX Biometrics fundamentals, including its gross profit, debt to equity, and the relationship between the price to book and cash and equivalents . As IDEX Biometrics ASA appears to be a penny stock we also urge to confirm its shares owned by institutions numbers.

IDEX Biometrics Trading Alerts and Improvement Suggestions

IDEX Biometrics ASA is not yet fully synchronised with the market data
IDEX Biometrics ASA has some characteristics of a very speculative penny stock
IDEX Biometrics ASA has a very high chance of going through financial distress in the upcoming years
The company reported the revenue of 2.84 M. Net Loss for the year was (32.55 M) with profit before overhead, payroll, taxes, and interest of 1.59 M.
IDEX Biometrics ASA has accumulated about 16.32 M in cash with (27.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 21.0% of the company shares are held by company insiders

IDEX Biometrics Returns Distribution Density

The distribution of IDEX Biometrics' historical returns is an attempt to chart the uncertainty of IDEX Biometrics' future price movements. The chart of the probability distribution of IDEX Biometrics daily returns describes the distribution of returns around its average expected value. We use IDEX Biometrics ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IDEX Biometrics returns is essential to provide solid investment advice for IDEX Biometrics.
Mean Return
1.70
Value At Risk
0.00
Potential Upside
0.00
Standard Deviation
13.85
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IDEX Biometrics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

IDEX Biometrics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IDEX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About IDEX Biometrics Buy or Sell Advice

When is the right time to buy or sell IDEX Biometrics ASA? Buying financial instruments such as IDEX Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having IDEX Biometrics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Crypto And Gold Thematic Idea Now

Crypto And Gold
Crypto And Gold Theme
Assets that cancel away each other volatility by providing diversification into gold investment combined with digital assets. The Crypto And Gold theme has 54 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Crypto And Gold Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Consideration for investing in IDEX Pink Sheet

If you are still planning to invest in IDEX Biometrics ASA check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the IDEX Biometrics' history and understand the potential risks before investing.
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