Igen Networks Corp Stock Price on May 17, 2024
If you're considering investing in IGEN Pink Sheet, it is important to understand the factors that can impact its price. IGEN Networks Corp holds Efficiency (Sharpe) Ratio of 0.0995, which attests that the entity had a 0.0995% return per unit of return volatility over the last 3 months. We were able to analyze and collect data for zero different technical indicators, which can help you to evaluate if expected returns of 12.7% are justified by taking the suggested risk.
IGEN Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
IGEN |
Sharpe Ratio = 0.0995
| Best Portfolio | Best Equity | IGEN | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 127.62 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
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average IGEN Networks is performing at about 7% 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 Valuation on May 17, 2024
It is possible to determine the worth of IGEN Networks on a given historical date. On May 17, 2024 IGEN was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 2.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IGEN Networks pink sheet. Still, in general, we apply an absolute valuation method to find IGEN Networks' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IGEN Networks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IGEN Networks' related companies.
| Open | High | Low | Close | Volume | |
| 0.0002 | 0.0003 | 0.0002 | 0.0002 | 5,193,620 | |
05/17/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1.00 |
| 0.0002 | 0.0003 | 0.0002 | 0.0003 | 145,953 |
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IGEN Networks Trading Date Momentum on May 17, 2024
| On May 20 2024 IGEN Networks Corp was traded for 0.0003 at the closing time. The top price for the day was 0.0003 and the lowest listed price was 0.0002 . The trading volume for the day was 146 K. The trading history from May 20, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 50.00% . The trading delta at closing time against the current closing price is 0.00% . |
IGEN Networks Corp Fundamentals Correlations and Trends
By evaluating IGEN Networks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IGEN Networks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IGEN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IGEN Networks Pink Sheet history
IGEN Networks investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IGEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IGEN Networks Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IGEN Networks stock prices may prove useful in developing a viable investing in IGEN Networks
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.
IGEN Networks Pink Sheet Technical Analysis
IGEN Networks technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
IGEN Networks Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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IGEN Networks December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how IGEN Networks pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IGEN Networks shares will generate the highest return on investment. By undertsting and applying IGEN Networks pink sheet market strength indicators, traders can identify IGEN Networks Corp entry and exit signals to maximize returns
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.