Ignis Petroleum Group Stock Statistic Functions Beta

IGPG Stock  USD 0.0001  0.00  0.00%   
Ignis Petroleum statistic functions tool provides the execution environment for running the Beta function and other technical functions against Ignis Petroleum. Ignis Petroleum value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Ignis Petroleum statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Ignis Petroleum Group correlated with the market. If Beta is less than 0 Ignis Petroleum generally moves in the opposite direction as compared to the market. If Ignis Petroleum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Ignis Petroleum Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Ignis Petroleum is generally in the same direction as the market. If Beta > 1 Ignis Petroleum moves generally in the same direction as, but more than the movement of the benchmark.

Ignis Petroleum Technical Analysis Modules

Most technical analysis of Ignis Petroleum help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ignis from various momentum indicators to cycle indicators. When you analyze Ignis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Ignis Petroleum Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ignis Petroleum Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Ignis Petroleum Group based on widely used predictive technical indicators. In general, we focus on analyzing Ignis Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Ignis Petroleum's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Ignis Petroleum's intrinsic value. In addition to deriving basic predictive indicators for Ignis Petroleum, we also check how macroeconomic factors affect Ignis Petroleum price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2011 2024 2025 (projected)
Current Ratio1.510.140.160.15
Net Debt To EBITDA1.1532.8329.5531.03
Hype
Prediction
LowEstimatedHigh
0.000.00009750.01
Details
Intrinsic
Valuation
LowRealHigh
0.000.00006250.01
Details
Naive
Forecast
LowNextHigh
0.0000040.0002178.19
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.0000180.0000180.000018
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ignis Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ignis Petroleum's short interest history, or implied volatility extrapolated from Ignis Petroleum options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Manufacturing Idea
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FinTech
Invested over 50 shares
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Artificial Intelligence
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Driverless Cars Idea
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Macroaxis Picks Idea
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Investor Favorites Idea
Investor Favorites
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Video Games Idea
Video Games
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Momentum Idea
Momentum
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Disruptive Technologies Idea
Disruptive Technologies
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When determining whether Ignis Petroleum Group is a strong investment it is important to analyze Ignis Petroleum's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ignis Petroleum's future performance. For an informed investment choice regarding Ignis Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ignis Petroleum Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Oil & Gas E&P space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ignis Petroleum. If investors know Ignis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ignis Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
0.037
Quarterly Revenue Growth
0.386
Return On Assets
(0.27)
The market value of Ignis Petroleum Group is measured differently than its book value, which is the value of Ignis that is recorded on the company's balance sheet. Investors also form their own opinion of Ignis Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Ignis Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ignis Petroleum's market value can be influenced by many factors that don't directly affect Ignis Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ignis Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ignis Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ignis Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.