The Inx Digital Stock Price on July 24, 2023
| INXDF Stock | USD 0.05 0 8.06% |
If you're considering investing in INX OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of INX Digital stands at 0.05, as last reported on the 30th of November, with the highest price reaching 0.06 and the lowest price hitting 0.04 during the day. INX Digital appears to be out of control, given 3 months investment horizon. INX Digital holds Efficiency (Sharpe) Ratio of 0.0637, which attests that the entity had a 0.0637% return per unit of risk over the last 3 months. By evaluating INX Digital's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize INX Digital's Market Risk Adjusted Performance of (0.78), downside deviation of 12.67, and Risk Adjusted Performance of 0.0301 to validate if our risk estimates are consistent with your expectations.
INX OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
INX |
Sharpe Ratio = 0.0637
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Estimated Market Risk
| 11.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average INX Digital is performing at about 5% of its full potential. 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 INX Digital by adding it to a well-diversified portfolio.
INX Digital Valuation on July 24, 2023
It is possible to determine the worth of INX Digital on a given historical date. On July 24, 2023 INX was worth 0.28 at the beginning of the trading date compared to the closed value of 0.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of INX Digital otc stock. Still, in general, we apply an absolute valuation method to find INX Digital'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 INX Digital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against INX Digital's related companies.
| Open | High | Low | Close | Volume | |
| 0.34 | 0.34 | 0.29 | 0.30 | 22,790 | |
07/24/2023 | 0.28 | 0.29 | 0.26 | 0.29 | 3,900 |
| 0.28 | 0.28 | 0.25 | 0.26 | 16,040 |
| Backtest INX Digital | | | INX Digital History | | | INX Digital Valuation | Previous | Next |
INX Digital Trading Date Momentum on July 24, 2023
| On July 25 2023 The INX Digital was traded for 0.26 at the closing time. The highest daily price throughout the period was 0.28 and the lowest price was 0.25 . The daily volume was 16 K. The net trading volume on 07/25/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 10.34% . The trading price change to current closing price is 3.45% . |
INX Digital Fundamentals Correlations and Trends
By evaluating INX Digital'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 INX Digital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. INX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About INX Digital OTC Stock history
INX Digital 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 INX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in INX Digital 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 INX Digital stock prices may prove useful in developing a viable investing in INX Digital
The INX Digital Company, Inc. develops and operates digital asset trading platforms. The INX Digital Company, Inc. was founded in 2017 and is based in Gibraltar. Inx Digital operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 89 people.
INX Digital OTC Stock Technical Analysis
INX Digital technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
INX Digital Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
The INX Digital cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
INX Digital November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how INX Digital otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading INX Digital shares will generate the highest return on investment. By undertsting and applying INX Digital otc stock market strength indicators, traders can identify The INX Digital entry and exit signals to maximize returns
INX Digital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for INX Digital's price direction in advance. Along with the technical and fundamental analysis of INX OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of INX 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 | 0.0301 | |||
| Jensen Alpha | 0.3658 | |||
| Total Risk Alpha | (1.68) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | (0.79) |
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| Volume Indicators |
Complementary Tools for INX OTC Stock analysis
When running INX Digital's price analysis, check to measure INX Digital'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 INX Digital is operating at the current time. Most of INX Digital's value examination focuses on studying past and present price action to predict the probability of INX Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INX Digital's price. Additionally, you may evaluate how the addition of INX Digital to your portfolios can decrease your overall portfolio volatility.
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