Indegene (India) Price on December 3, 2024

INDGN Stock   600.65  9.75  1.65%   
If you're considering investing in Indegene Stock, it is important to understand the factors that can impact its price. As of today, the current price of Indegene stands at 600.65, as last reported on the 13th of December 2024, with the highest price reaching 605.10 and the lowest price hitting 584.00 during the day. Indegene holds Efficiency (Sharpe) Ratio of -0.0511, which attests that the entity had a -0.0511% return per unit of risk over the last 3 months. Indegene exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indegene's Risk Adjusted Performance of (0.03), standard deviation of 2.8, and Market Risk Adjusted Performance of (0.30) to validate the risk estimate we provide.
  
At this time, Indegene's Common Stock Shares Outstanding is very stable compared to the past year. As of the 13th of December 2024, Common Stock is likely to grow to about 466.2 M, while Total Stockholder Equity is likely to drop about 7.6 B. . Indegene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0511

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Estimated Market Risk

 2.82
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Indegene is not performing at its full potential. However, 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 Indegene by adding Indegene to a well-diversified portfolio.
Price Book
12.1771
Enterprise Value Ebitda
29.7851
Price Sales
5.9727
Shares Float
62.1 M
Wall Street Target Price
618.33

Indegene Main Headline on 3rd of December 2024

Carlyle Group sells 4.3 percent in Indegene for 636 cr The Economic Times

Indegene Valuation on December 3, 2024

It is possible to determine the worth of Indegene on a given historical date. On December 3, 2024 Indegene was worth 633.0 at the beginning of the trading date compared to the closed value of 626.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indegene stock. Still, in general, we apply an absolute valuation method to find Indegene's 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 Indegene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indegene's related companies.
 Open High Low Close Volume
  673.00    684.75    665.00    667.45    180,920  
12/03/2024
  633.00    634.00    616.00    626.85    23,339,902  
  629.85    641.45    625.60    637.05    1,710,017  
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Open Value
633.0
624.54
Downside
626.85
Closing Value
641.46
Upside

Indegene Trading Date Momentum on December 3, 2024

On December 04 2024 Indegene was traded for  637.05  at the closing time. The highest price during the trading period was 641.45  and the lowest recorded bid was listed for  625.60 . The volume for the day was 1.7 M. This history from December 4, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 1.63% . The trading delta at closing time to the current price is 5.88% .

Indegene Fundamentals Correlations and Trends

By evaluating Indegene's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Indegene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indegene financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Indegene Stock history

Indegene 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 Indegene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indegene 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 Indegene stock prices may prove useful in developing a viable investing in Indegene
Last ReportedProjected for Next Year
Common Stock Shares Outstanding223.4 M250.5 M

Indegene Stock Technical Analysis

Indegene technical stock 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, stock market cycles, or different charting patterns.
A focus of Indegene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Indegene trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Indegene Period Price Range

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December 13, 2024
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Indegene cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Indegene December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Indegene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indegene shares will generate the highest return on investment. By undertsting and applying Indegene stock market strength indicators, traders can identify Indegene entry and exit signals to maximize returns

Indegene Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Indegene's price direction in advance. Along with the technical and fundamental analysis of Indegene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indegene to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Other Information on Investing in Indegene Stock

Indegene financial ratios help investors to determine whether Indegene Stock 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 Indegene with respect to the benefits of owning Indegene security.