IGO (Australia) Price on September 4, 2023
| IGO Stock | 5.08 0.12 2.42% |
Below is the normalized historical share price chart for IGO extending back to January 03, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of IGO stands at 5.08, as last reported on the 11th of December 2024, with the highest price reaching 5.32 and the lowest price hitting 5.04 during the day.
If you're considering investing in IGO Stock, it is important to understand the factors that can impact its price. IGO holds Efficiency (Sharpe) Ratio of -0.0408, which attests that the entity had a -0.0408% return per unit of volatility over the last 3 months. IGO exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IGO's market risk adjusted performance of 0.7367, and Risk Adjusted Performance of 0.054 to validate the risk estimate we provide.
At this time, IGO's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 2.3 B in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (11.2 M). . IGO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 6.1031 | 50 Day MA 5.232 | Beta 0.771 |
IGO |
Sharpe Ratio = -0.0408
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| Negative Returns | IGO |
Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IGO is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IGO by adding IGO to a well-diversified portfolio.
Price Book 1.1987 | Enterprise Value Ebitda 23.2405 | Price Sales 4.5726 | Shares Float 671.3 M | Dividend Share 0.37 |
IGO Valuation on September 4, 2023
It is possible to determine the worth of IGO on a given historical date. On September 4, 2023 IGO was worth 12.63 at the beginning of the trading date compared to the closed value of 12.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IGO stock. Still, in general, we apply an absolute valuation method to find IGO's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IGO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IGO's related companies.
| Open | High | Low | Close | Volume | |
| 12.37 | 12.57 | 12.34 | 12.51 | 3,749,050 | |
09/04/2023 | 12.63 | 12.95 | 12.60 | 12.90 | 3,295,648 |
| 12.79 | 13.31 | 12.76 | 13.21 | 3,161,594 |
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IGO Trading Date Momentum on September 4, 2023
| On September 05 2023 IGO was traded for 13.21 at the closing time. The maximum traded price for the trading interval was 13.31 and the lowest daily price was 12.76 . The daily volume was recorded at 3.2 M. The volume of trading on 5th of September 2023 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.40% . The trading delta at closing time to the closing price today is 4.50% . |
IGO Fundamentals Correlations and Trends
By evaluating IGO's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IGO's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IGO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IGO Stock history
IGO investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IGO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGO will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IGO stock prices may prove useful in developing a viable investing in IGO
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 759.7 M | 797.7 M | |
| Net Income Applicable To Common Shares | 631.5 M | 663 M |
IGO Quarterly Net Working Capital |
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IGO Stock Technical Analysis
IGO technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
IGO Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
IGO cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
IGO December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how IGO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGO shares will generate the highest return on investment. By undertsting and applying IGO stock market strength indicators, traders can identify IGO entry and exit signals to maximize returns
IGO Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IGO's price direction in advance. Along with the technical and fundamental analysis of IGO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IGO to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.054 | |||
| Jensen Alpha | 0.1406 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0222 | |||
| Treynor Ratio | 0.7267 |
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Additional Tools for IGO Stock Analysis
When running IGO's price analysis, check to measure IGO'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 IGO is operating at the current time. Most of IGO's value examination focuses on studying past and present price action to predict the probability of IGO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGO's price. Additionally, you may evaluate how the addition of IGO to your portfolios can decrease your overall portfolio volatility.