Acquisition by Philip Choyce of 57362 shares of Independence Contract subject to Rule 16b-3

About 67% of Independence Contract's investor base is looking to short. The analysis of current outlook of investing in Independence Contract Drilling suggests that many traders are alarmed regarding Independence Contract's prospects. The current market sentiment, together with Independence Contract's historical and current headlines, can help investors time the market. In addition, many technical investors use Independence Contract stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Independence Contract Drilling Officer Executive Vp Cfo. Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Independence insider trading alert for acquisition of common stock by Philip Choyce, Officer: Executive Vp & Cfo, on 12th of May 2024. This event was filed by Independence Contract Drilling with SEC on 2023-12-31. Statement of changes in beneficial ownership - SEC Form 4. Philip Choyce currently serves as chief financial officer, executive vice president of Independence Contract

Independence Contract Fundamental Analysis

We analyze Independence Contract's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Independence Contract using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Independence Contract based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Retained Earnings

Retained Earnings Comparative Analysis

Independence Contract is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Independence Contract Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Independence Contract stock to make a market-neutral strategy. Peer analysis of Independence Contract could also be used in its relative valuation, which is a method of valuing Independence Contract by comparing valuation metrics with similar companies.
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 main economic indicators.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Other Consideration for investing in Independence Stock

If you are still planning to invest in Independence Contract 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 Independence Contract's history and understand the potential risks before investing.
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