Indegene (India) Price on December 6, 2024
| INDGN Stock | 589.60 11.05 1.84% |
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 589.60, as last reported on the 14th of December 2024, with the highest price reaching 601.50 and the lowest price hitting 585.05 during the day. Indegene holds Efficiency (Sharpe) Ratio of -0.0609, which attests that the entity had a -0.0609% return per unit of risk over the last 3 months. Indegene exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indegene's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.22), and Standard Deviation of 2.8 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 14th 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.
Indegene |
Sharpe Ratio = -0.0609
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Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 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 Valuation on December 6, 2024
It is possible to determine the worth of Indegene on a given historical date. On December 6, 2024 Indegene was worth 627.45 at the beginning of the trading date compared to the closed value of 620.4. 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 | |
| 636.70 | 637.00 | 623.15 | 627.90 | 704,538 | |
12/06/2024 | 627.45 | 628.15 | 612.25 | 620.40 | 931,300 |
| 621.20 | 624.50 | 590.00 | 593.10 | 1,074,948 |
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Indegene Trading Date Momentum on December 6, 2024
| On December 09 2024 Indegene was traded for 593.10 at the closing time. The highest price during the trading period was 624.50 and the lowest recorded bid was listed for 590.00 . The volume for the day was 1.1 M. This history from December 9, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.40% . The trading delta at closing time to the current price is 3.13% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 223.4 M | 250.5 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.
Price Boundaries
Indegene Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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 14, 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.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.23) |
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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.