Idex ASA (Norway) Performance
| IDEX Stock | NOK 5.84 0.10 1.74% |
Idex ASA holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.23, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Idex ASA will likely underperform. Use Idex ASA semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to analyze future returns on Idex ASA.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Idex ASA are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting essential indicators, Idex ASA disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7.3 M | |
| Total Cashflows From Investing Activities | -143 K |
Idex |
Idex ASA Relative Risk vs. Return Landscape
If you would invest 293.00 in Idex ASA on November 4, 2025 and sell it today you would earn a total of 291.00 from holding Idex ASA or generate 99.32% return on investment over 90 days. Idex ASA is generating 1.3792% of daily returns and assumes 7.0253% volatility on return distribution over the 90 days horizon. Simply put, 63% of stocks are less volatile than Idex, and 73% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Idex ASA Target Price Odds to finish over Current Price
The tendency of Idex 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 move above the current price in 90 days |
| 5.84 | 90 days | 5.84 | about 15.54 |
Based on a normal probability distribution, the odds of Idex ASA to move above the current price in 90 days from now is about 15.54 (This Idex ASA probability density function shows the probability of Idex Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 2.23 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Idex ASA will likely underperform. Moreover Idex ASA has an alpha of 1.0923, implying that it can generate a 1.09 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Idex ASA Price Density |
| Price |
Predictive Modules for Idex ASA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Idex ASA. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Idex ASA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Idex ASA is not an exception. The market had few large corrections towards the Idex ASA'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 Idex ASA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Idex ASA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.09 | |
β | Beta against Dow Jones | 2.23 | |
σ | Overall volatility | 1.48 | |
Ir | Information ratio | 0.17 |
Idex ASA 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 Idex ASA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Idex ASA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Idex ASA is way too risky over 90 days horizon | |
| Idex ASA appears to be risky and price may revert if volatility continues | |
| 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 ASA has accumulated about 224.92 M in cash with (27.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Roughly 21.0% of the company shares are held by company insiders |
Idex ASA 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 Idex Stock often depends not only on the future outlook of the current and potential Idex ASA'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. Idex ASA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 940.4 M | |
| Cash And Short Term Investments | 33.8 M |
Idex ASA Fundamentals Growth
Idex Stock prices reflect investors' perceptions of the future prospects and financial health of Idex ASA, and Idex ASA fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Idex Stock performance.
| Return On Equity | -2.19 | |||
| Return On Asset | -1.05 | |||
| Operating Margin | (8.78) % | |||
| Current Valuation | 1.29 B | |||
| Shares Outstanding | 1.17 B | |||
| Price To Earning | (11.37) X | |||
| Price To Book | 9.22 X | |||
| Price To Sales | 345.43 X | |||
| Revenue | 2.84 M | |||
| EBITDA | (30.63 M) | |||
| Cash And Equivalents | 224.92 M | |||
| Cash Per Share | 0.38 X | |||
| Total Debt | 11 K | |||
| Debt To Equity | 3.00 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (27.46 M) | |||
| Earnings Per Share | (0.35) X | |||
| Total Asset | 42.13 M | |||
| Retained Earnings | (600 M) | |||
| Current Asset | 698 M | |||
| Current Liabilities | 43 M | |||
About Idex ASA Performance
By examining Idex ASA's fundamental ratios, stakeholders can obtain critical insights into Idex ASA's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Idex ASA is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
IDEX Biometrics ASA develops and sells fingerprint imaging and recognition technology in Europe, the Middle East, Africa, the Americas, and Asia. The company was founded in 1996 and is headquartered in Brum, Norway. IDEX BIOMETRICS operates under Software - Application classification in Norway and is traded on Oslo Stock Exchange. It employs 103 people.Things to note about Idex ASA performance evaluation
Checking the ongoing alerts about Idex ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Idex ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Idex ASA is way too risky over 90 days horizon | |
| Idex ASA appears to be risky and price may revert if volatility continues | |
| 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 ASA has accumulated about 224.92 M in cash with (27.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Roughly 21.0% of the company shares are held by company insiders |
- Analyzing Idex ASA's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Idex ASA's stock is overvalued or undervalued compared to its peers.
- Examining Idex ASA's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Idex ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Idex ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Idex ASA's stock. These opinions can provide insight into Idex ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Idex Stock
Idex ASA financial ratios help investors to determine whether Idex 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 Idex with respect to the benefits of owning Idex ASA security.