Igen Networks Corp Stock Performance
| IGEN Stock | USD 0.0001 0.00 0.00% |
IGEN Networks holds a performance score of 8 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IGEN Networks are completely uncorrelated. Use IGEN Networks Corp rate of daily change , to analyze future returns on IGEN Networks Corp.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in IGEN Networks Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, IGEN Networks displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 26.7 K | |
| Free Cash Flow | -963 K |
IGEN |
IGEN Networks Relative Risk vs. Return Landscape
If you would invest 0.01 in IGEN Networks Corp on August 27, 2024 and sell it today you would earn a total of 0.00 from holding IGEN Networks Corp or generate 0.0% return on investment over 90 days. IGEN Networks Corp is currently generating 14.0625% in daily expected returns and assumes 125.8207% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than IGEN, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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IGEN Networks Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IGEN Networks' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as IGEN Networks Corp, and traders can use it to determine the average amount a IGEN Networks' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1118
| Best Portfolio | Best Equity | IGEN | ||
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Estimated Market Risk
| 125.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average IGEN Networks is performing at about 8% 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 IGEN Networks by adding it to a well-diversified portfolio.
IGEN Networks Fundamentals Growth
IGEN Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of IGEN Networks, and IGEN Networks 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 IGEN Pink Sheet performance.
| Return On Asset | -2.83 | |||
| Operating Margin | (9.88) % | |||
| Current Valuation | 3.07 M | |||
| Shares Outstanding | 1.8 B | |||
| Price To Earning | (3.34) X | |||
| Price To Sales | 7.54 X | |||
| Revenue | 268.95 K | |||
| EBITDA | (3.26 M) | |||
| Cash And Equivalents | 53.42 K | |||
| Total Debt | 152.15 K | |||
| Debt To Equity | 0.18 % | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (962.96 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 761.83 K | |||
| Retained Earnings | (8.23 M) | |||
| Current Asset | 326 K | |||
| Current Liabilities | 1.09 M | |||
About IGEN Networks Performance
By examining IGEN Networks' fundamental ratios, stakeholders can obtain critical insights into IGEN Networks' 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 IGEN Networks 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.
IGEN Networks Corp. develops and markets software services for the automotive and fleet management industry in the United States. IGEN Networks Corp. was incorporated in 2006 and is headquartered in Lake Elsinore, California. IGEN NETWORKS operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 10 people.Things to note about IGEN Networks Corp performance evaluation
Checking the ongoing alerts about IGEN Networks for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for IGEN Networks Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IGEN Networks Corp is way too risky over 90 days horizon | |
| IGEN Networks Corp has some characteristics of a very speculative penny stock | |
| IGEN Networks Corp appears to be risky and price may revert if volatility continues | |
| IGEN Networks Corp has high likelihood to experience some financial distress in the next 2 years | |
| IGEN Networks Corp currently holds 152.15 K in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. IGEN Networks Corp has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist IGEN Networks until it has trouble settling it off, either with new capital or with free cash flow. So, IGEN Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IGEN Networks Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGEN to invest in growth at high rates of return. When we think about IGEN Networks' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 268.95 K. Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 145.15 K. | |
| IGEN Networks Corp currently holds about 53.42 K in cash with (962.96 K) of positive cash flow from operations. |
- Analyzing IGEN Networks' 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 IGEN Networks' stock is overvalued or undervalued compared to its peers.
- Examining IGEN Networks' 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 IGEN Networks' management team can have a significant impact on its success or failure. Reviewing the track record and experience of IGEN Networks' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IGEN Networks' pink sheet. These opinions can provide insight into IGEN Networks' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in IGEN Pink Sheet
IGEN Networks financial ratios help investors to determine whether IGEN Pink Sheet 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 IGEN with respect to the benefits of owning IGEN Networks security.