INX Digital Current Valuation vs. Book Value Per Share
| INXDF Stock | USD 0.05 0 8.38% |
For INX Digital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of INX Digital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well The INX Digital utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between INX Digital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of The INX Digital over time as well as its relative position and ranking within its peers.
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INX Digital Book Value Per Share vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining INX Digital's current stock value. Our valuation model uses many indicators to compare INX Digital value to that of its competitors to determine the firm's financial worth. The INX Digital is rated below average in current valuation category among its peers. It is rated fifth overall in book value per share category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the INX Digital's earnings, one of the primary drivers of an investment's value.INX Current Valuation vs. Competition
The INX Digital is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Software—Application industry is currently estimated at about 122.02 Million. INX Digital has negative current valuation of (20.29 Million) contributing nothing to the industry.
INX Book Value Per Share vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
INX Digital |
| = | (20.29 M) |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
INX Digital |
| = | (0.07) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
INX Book Value Per Share Comparison
INX Digital is currently under evaluation in book value per share category among its peers.
INX Digital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in INX Digital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, INX Digital will eventually generate negative long term returns. The profitability progress is the general direction of INX Digital's change in net profit over the period of time. It can combine multiple indicators of INX Digital, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on INX Digital. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of INX Digital position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the INX Digital's important profitability drivers and their relationship over time.
Use INX Digital in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if INX Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in INX Digital will appreciate offsetting losses from the drop in the long position's value.INX Digital Pair Trading
The INX Digital Pair Trading Analysis
The ability to find closely correlated positions to INX Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace INX Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back INX Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The INX Digital to buy it.
The correlation of INX Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as INX Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if INX Digital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for INX Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your INX Digital position
In addition to having INX Digital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Driverless Cars
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Other Information on Investing in INX OTC Stock
To fully project INX Digital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of INX Digital at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include INX Digital's income statement, its balance sheet, and the statement of cash flows.