Down 15 percent from debut, JPMorgan neutral on Indegene as it awaits better entry point Stock Market News - Mint
| INDGN Stock | 600.65 9.75 1.65% |
About 52% of Indegene's investors are presently thinking to get in. The analysis of overall sentiment of trading Indegene stock suggests that some investors are interested at this time. Indegene's investing sentiment overview a quick insight into current market opportunities from investing in Indegene. Many technical investors use Indegene stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Indegene |
Down 15 percent from debut, JPMorgan neutral on Indegene as it awaits better entry point Stock Market News Mint
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Indegene Fundamental Analysis
We 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.
Price To Book
Price To Book Comparative Analysis
Indegene is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Indegene Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Indegene stock to make a market-neutral strategy. Peer analysis of Indegene could also be used in its relative valuation, which is a method of valuing Indegene by comparing valuation metrics with similar companies.
Peers
Indegene Related Equities
| LTFOODS | LT Foods | 1.85 | ||||
| CAMS | Computer Age | 1.04 | ||||
| SYRMA | Syrma SGS | 0.65 | ||||
| VBL | Varun Beverages | 0.36 | ||||
| ADFFOODS | ADF Foods | 0.18 | ||||
| KOHINOOR | Kohinoor Foods | 0.93 | ||||
| NEWGEN | Newgen Software | 1.15 | ||||
| SELAN | Selan Exploration | 3.06 |
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.