Indegene Shares Outstanding vs. Number Of Employees

INDGN Stock   589.60  11.05  1.84%   
Based on the measurements of profitability obtained from Indegene's financial statements, Indegene may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Indegene's ability to earn profits and add value for shareholders.
For Indegene profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Indegene to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Indegene utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Indegene's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Indegene over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Indegene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indegene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indegene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Indegene Number Of Employees vs. Shares Outstanding Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Indegene's current stock value. Our valuation model uses many indicators to compare Indegene value to that of its competitors to determine the firm's financial worth.
Indegene is currently regarded as number one stock in shares outstanding category among its peers. It also is currently regarded as number one stock in number of employees category among its peers . The ratio of Shares Outstanding to Number Of Employees for Indegene is about  54,790 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Indegene by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Indegene's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Indegene Number Of Employees vs. Shares Outstanding

Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Indegene

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
239.27 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.

Indegene

Number of Employees

 = 

Full Time

+

Part Time

 = 
4.37 K
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.

Indegene Number Of Employees vs Competition

Indegene is currently regarded as number one stock in number of employees category among its peers. The total workforce of Health Information Services industry is currently estimated at about 9,169. Indegene totals roughly 4,367 in number of employees claiming about 48% of equities under Health Information Services industry.

Indegene Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Indegene, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Indegene will eventually generate negative long term returns. The profitability progress is the general direction of Indegene's change in net profit over the period of time. It can combine multiple indicators of Indegene, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income653 M685.6 M
Operating Income8.7 B9.2 B
Income Before Tax4.6 BB
Total Other Income Expense Net-4.2 B-4 B
Net Income3.4 B2.5 B
Income Tax Expense1.2 B779.7 M

Indegene Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Indegene. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Indegene position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Indegene's important profitability drivers and their relationship over time.

Use Indegene in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Indegene position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Indegene will appreciate offsetting losses from the drop in the long position's value.

Indegene Pair Trading

Indegene Pair Trading Analysis

The ability to find closely correlated positions to Indegene could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Indegene when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Indegene - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Indegene to buy it.
The correlation of Indegene is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Indegene moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Indegene moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Indegene can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Indegene position

In addition to having Indegene in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Non-Metallic and Industrial Metal Mining Thematic Idea Now

Non-Metallic and Industrial Metal Mining
Non-Metallic and Industrial Metal Mining Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Non-Metallic and Industrial Metal Mining theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Non-Metallic and Industrial Metal Mining Theme or any other thematic opportunities.
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Other Information on Investing in Indegene Stock

To fully project Indegene's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Indegene at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Indegene's income statement, its balance sheet, and the statement of cash flows.
Potential Indegene investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Indegene investors may work on each financial statement separately, they are all related. The changes in Indegene's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Indegene's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.