Indegene Stock Beta
| INDGN Stock | 600.65 9.75 1.65% |
Indegene fundamentals help investors to digest information that contributes to Indegene's financial success or failures. It also enables traders to predict the movement of Indegene Stock. The fundamental analysis module provides a way to measure Indegene's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Indegene stock.
Indegene | Beta |
Indegene Company Beta Analysis
Indegene's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Indegene has a Beta of 0.0. This is 100.0% lower than that of the Healthcare sector and about the same as Health Information Services (which currently averages 0.0) industry. The beta for all India stocks is 100.0% lower than that of the firm.
Indegene Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Indegene's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Indegene could also be used in its relative valuation, which is a method of valuing Indegene by comparing valuation metrics of similar companies.Indegene is currently under evaluation in beta category among its peers.
Indegene Fundamentals
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 156.81 B | ||||
| Shares Outstanding | 239.27 M | ||||
| Shares Owned By Insiders | 69.88 % | ||||
| Shares Owned By Institutions | 14.72 % | ||||
| Price To Book | 12.18 X | ||||
| Price To Sales | 5.97 X | ||||
| Revenue | 25.9 B | ||||
| EBITDA | 4.85 B | ||||
| Net Income | 3.37 B | ||||
| Total Debt | 4.9 B | ||||
| Book Value Per Share | 64.37 X | ||||
| Cash Flow From Operations | 5.08 B | ||||
| Earnings Per Share | 12.16 X | ||||
| Target Price | 618.33 | ||||
| Number Of Employees | 4.37 K | ||||
| Market Capitalization | 158.79 B | ||||
| Total Asset | 25.46 B | ||||
| Retained Earnings | 10.72 B | ||||
| Net Asset | 25.46 B |
About Indegene Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Indegene's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Indegene using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Indegene based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.