INGEN TECHNOLOGIES Risk Analysis And Volatility

IGNT -- USA Stock  

USD 0.0001  0.0001  50.00%

INGEN TECHNOLOGIES is out of control given 3 months investment horizon. INGEN TECHNOLOGIES INC holds Efficiency (Sharpe) Ratio of 0.0478 which attests that the entity had 0.0478% of return per unit of risk over the last 3 months. Our philosophy towards determining risk of a stock is to use both market data as well as company specific technical data. We found twenty-one different technical indicators which can help you to evaluate if expected returns of 1.3802% are justified by taking the suggested risk. Use INGEN TECHNOLOGIES INC Risk Adjusted Performance of 0.0382, Semi Deviation of 16.72 and Market Risk Adjusted Performance of (0.65) to evaluate company specific risk that cannot be diversified away.

90 Days Market Risk

Out of control

Chance of Distress in 24 months

Average

90 Days Economic Sensitivity

Moves completely opposite to market
Horizon     30 Days    Login   to change

INGEN TECHNOLOGIES Market Sensitivity

As returns on market increase, returns on owning INGEN TECHNOLOGIES are expected to decrease by larger amounts. On the other hand, during market turmoil, INGEN TECHNOLOGIES is expected to significantly outperform it.
3 Months Beta |Analyze INGEN TECHNOLOGIES INC Demand Trend
Check current 30 days INGEN TECHNOLOGIES correlation with market (DOW)
β = -2.0057

INGEN TECHNOLOGIES Central Daily Price Deviation

INGEN TECHNOLOGIES INC Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. INGEN TECHNOLOGIES INC Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input. View also all equity analysis or get more info about average price price transform indicator.

INGEN TECHNOLOGIES Projected Return Density Against Market

Given the investment horizon of 30 days, INGEN TECHNOLOGIES INC has beta of -2.0057 . This indicates as returns on its benchmark rise, returns on holding INGEN TECHNOLOGIES INC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, INGEN TECHNOLOGIES is expected to outperform its benchmark. In addition to that, The company has an alpha of 1.4549 implying that it can potentially generate 1.4549% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Given the investment horizon of 30 days, the coefficient of variation of INGEN TECHNOLOGIES is 2092.92. The daily returns are destributed with a variance of 834.44 and standard deviation of 28.89. The mean deviation of INGEN TECHNOLOGIES INC is currently at 13.28. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=1.45
β
Beta against DOW=2.01
σ
Overall volatility
=28.89
Ir
Information ratio =0.0445

INGEN TECHNOLOGIES Return Volatility

the firm inherits 28.8867% risk (volatility on return distribution) over the 30 days horizon. the entity inherits 0.6082% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

INGEN TECHNOLOGIES Investment Opportunity

INGEN TECHNOLOGIES INC has a volatility of 28.89 and is 47.36 times more volatile than DOW. 96  of all equities and portfolios are less risky than INGEN TECHNOLOGIES. Compared to the overall equity markets, volatility of historical daily returns of INGEN TECHNOLOGIES INC is higher than 96 () of all global equities and portfolios over the last 30 days. Use INGEN TECHNOLOGIES INC to protect your portfolios against small markets fluctuations. The otc stock experiences very speculative downward sentiment. The market maybe over-reacting. Check odds of INGEN TECHNOLOGIES to be traded at $1.0E-4 in 30 days. . As returns on market increase, returns on owning INGEN TECHNOLOGIES are expected to decrease by larger amounts. On the other hand, during market turmoil, INGEN TECHNOLOGIES is expected to significantly outperform it.

INGEN TECHNOLOGIES correlation with market

correlation synergy
Good diversification
Overlapping area represents the amount of risk that can be diversified away by holding INGEN TECHNOLOGIES INC and equity matching DJI index in the same portfolio.

INGEN TECHNOLOGIES Current Risk Indicators

INGEN TECHNOLOGIES Suggested Diversification Pairs

Please also check Risk vs Return Analysis. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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