Indigo Exploration Stock Performance
| IXIXF Stock | 0.03 0.01 28.44% |
On a scale of 0 to 100, Indigo Exploration holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -1.42, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Indigo Exploration are expected to decrease by larger amounts. On the other hand, during market turmoil, Indigo Exploration is expected to outperform it. Please check Indigo Exploration's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Indigo Exploration's current trending patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Indigo Exploration are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Indigo Exploration reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Indigo Exploration Relative Risk vs. Return Landscape
If you would invest 2.40 in Indigo Exploration on September 15, 2024 and sell it today you would earn a total of 0.49 from holding Indigo Exploration or generate 20.42% return on investment over 90 days. Indigo Exploration is currently producing 0.9657% returns and takes up 12.0752% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Indigo, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Indigo Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Indigo Exploration's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Indigo Exploration, and traders can use it to determine the average amount a Indigo Exploration's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.08
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Estimated Market Risk
| 12.08 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.97 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Indigo Exploration is performing at about 6% 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 Indigo Exploration by adding it to a well-diversified portfolio.
Things to note about Indigo Exploration performance evaluation
Checking the ongoing alerts about Indigo Exploration for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Indigo Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Indigo Exploration is way too risky over 90 days horizon | |
| Indigo Exploration has some characteristics of a very speculative penny stock | |
| Indigo Exploration appears to be risky and price may revert if volatility continues |
- Analyzing Indigo Exploration's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Indigo Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Indigo Exploration's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Indigo Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Indigo Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Indigo Exploration's pink sheet. These opinions can provide insight into Indigo Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Indigo Pink Sheet analysis
When running Indigo Exploration's price analysis, check to measure Indigo Exploration's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Indigo Exploration is operating at the current time. Most of Indigo Exploration's value examination focuses on studying past and present price action to predict the probability of Indigo Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indigo Exploration's price. Additionally, you may evaluate how the addition of Indigo Exploration to your portfolios can decrease your overall portfolio volatility.
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