Igg Inc Stock Performance
| IGGGF Stock | USD 0.48 0.05 9.43% |
IGG holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning IGG are expected to decrease at a much lower rate. During the bear market, IGG is likely to outperform the market. Use IGG Inc jensen alpha, kurtosis, period momentum indicator, as well as the relationship between the maximum drawdown and day median price , to analyze future returns on IGG Inc.
Risk-Adjusted Performance
12 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in IGG Inc are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly abnormal technical and fundamental indicators, IGG reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 280.2 M | |
| Total Cashflows From Investing Activities | 212.4 M |
IGG |
IGG Relative Risk vs. Return Landscape
If you would invest 28.00 in IGG Inc on August 27, 2024 and sell it today you would earn a total of 20.00 from holding IGG Inc or generate 71.43% return on investment over 90 days. IGG Inc is currently producing 1.1005% returns and takes up 7.016% volatility of returns over 90 trading days. Put another way, 62% of traded pink sheets are less volatile than IGG, and 79% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
IGG Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IGG's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as IGG Inc, and traders can use it to determine the average amount a IGG's 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 = 0.1569
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | IGGGF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.02 actual daily | 62 62% of assets are less volatile |
Expected Return
| 1.1 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average IGG is performing at about 12% 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 IGG by adding it to a well-diversified portfolio.
IGG Fundamentals Growth
IGG Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of IGG, and IGG 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 IGG Pink Sheet performance.
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0141 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 256.04 M | |||
| Shares Outstanding | 1.2 B | |||
| Price To Earning | 1.55 X | |||
| Price To Book | 1.02 X | |||
| Price To Sales | 0.09 X | |||
| Revenue | 6.05 B | |||
| EBITDA | 571.32 M | |||
| Cash And Equivalents | 1.68 B | |||
| Cash Per Share | 1.40 X | |||
| Total Debt | 103.34 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 2.60 X | |||
| Cash Flow From Operations | 660.26 M | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 4.45 B | |||
About IGG Performance
By analyzing IGG's fundamental ratios, stakeholders can gain valuable insights into IGG's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if IGG has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if IGG has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
IGG Inc, an investment holding company, engages in the development and operation of mobile and online games in Asia, North America, Europe, and internationally. IGG Inc was founded in 2006 and is headquartered in Singapore. IGG INC is traded on OTC Exchange in the United States.Things to note about IGG Inc performance evaluation
Checking the ongoing alerts about IGG for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for IGG Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IGG Inc is way too risky over 90 days horizon | |
| IGG Inc has some characteristics of a very speculative penny stock | |
| IGG Inc appears to be risky and price may revert if volatility continues | |
| About 36.0% of the company shares are held by company insiders |
- Analyzing IGG'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 IGG's stock is overvalued or undervalued compared to its peers.
- Examining IGG'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 IGG's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IGG's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IGG's pink sheet. These opinions can provide insight into IGG's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for IGG Pink Sheet analysis
When running IGG's price analysis, check to measure IGG'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 IGG is operating at the current time. Most of IGG's value examination focuses on studying past and present price action to predict the probability of IGG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGG's price. Additionally, you may evaluate how the addition of IGG to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |