Igen Networks Corp Stock Probability of Future Pink Sheet Price Finishing Under 0.00
IGEN Networks' future price is the expected price of IGEN Networks instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of IGEN Networks Corp performance during a given time horizon utilizing its historical volatility. Check out IGEN Networks Backtesting, IGEN Networks Valuation, IGEN Networks Correlation, IGEN Networks Hype Analysis, IGEN Networks Volatility, IGEN Networks History as well as IGEN Networks Performance.
Please specify IGEN Networks' target price for which you would like IGEN Networks odds to be computed.
IGEN |
IGEN Networks Target Price Odds to finish below 0.00
The tendency of IGEN Pink Sheet 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 below current price in 90 days |
| 0.00 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of IGEN Networks to move below current price in 90 days from now is near 1 (This IGEN Networks Corp probability density function shows the probability of IGEN Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days IGEN Networks has the beta coefficient that is very close to zero. This usually indicates the returns on DOW JONES INDUSTRIAL and IGEN Networks do not appear to be highly reactive. Additionally It does not look like IGEN Networks' alpha can have any bearing on the current valuation. IGEN Networks Price Density |
| Price |
Predictive Modules for IGEN Networks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IGEN Networks Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IGEN Networks' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IGEN Networks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IGEN Networks is not an exception. The market had few large corrections towards the IGEN Networks' 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 IGEN Networks Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IGEN Networks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.00 | |
β | Beta against Dow Jones | 0.00 | |
σ | Overall volatility | 0.000012 | |
Ir | Information ratio | 0.00 |
IGEN Networks 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 IGEN Networks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IGEN Networks Corp can help investors quickly react to important events or material 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. |
IGEN Networks 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 IGEN Pink Sheet often depends not only on the future outlook of the current and potential IGEN Networks' 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. IGEN Networks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B | |
| Short Long Term Debt | 203.4 K | |
| Cash And Short Term Investments | 64.4 K |
IGEN Networks Technical Analysis
IGEN Networks' future price can be derived by breaking down and analyzing its technical indicators over time. IGEN Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IGEN Networks Corp. In general, you should focus on analyzing IGEN Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
IGEN Networks Predictive Forecast Models
IGEN Networks' time-series forecasting models is one of many IGEN Networks' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary IGEN Networks' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about IGEN Networks Corp
Checking the ongoing alerts about IGEN Networks for important developments is a great way to find new opportunities for your next move. Our stock 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. |
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.