Igen Networks Corp Stock Buy Hold or Sell Recommendation

IGEN Stock  USD 0.0003  0.0001  50.00%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding IGEN Networks Corp is 'Strong Sell'. Macroaxis provides IGEN Networks buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IGEN positions. The advice algorithm takes into account all of IGEN Networks' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting IGEN Networks' buy or sell advice are summarized below:
Real Value
0.000217
Hype Value
0.000233
Market Value
0.0003
Naive Value
0.000303
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell IGEN Networks Corp given historical horizon and risk tolerance towards IGEN Networks. When Macroaxis issues a 'buy' or 'sell' recommendation for IGEN Networks Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out IGEN Networks Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as IGEN and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards IGEN Networks Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Execute IGEN Networks Buy or Sell Advice

The IGEN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IGEN Networks Corp. Macroaxis does not own or have any residual interests in IGEN Networks Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IGEN Networks' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IGEN NetworksBuy IGEN Networks
Strong Sell

Market Performance

OKDetails

Volatility

Out of controlDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

HighDetails

Economic Sensitivity

Moves completely opposite to the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon IGEN Networks Corp has a Mean Deviation of 19.56, Semi Deviation of 16.72, Standard Deviation of 27.33, Variance of 746.81, Downside Variance of 1212.12 and Semi Variance of 279.5
We provide advice to complement the regular expert consensus on IGEN Networks. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available right now. To make sure IGEN Networks Corp is not overpriced, please check out all IGEN Networks fundamentals, including its current ratio, retained earnings, and the relationship between the net income and number of employees . As IGEN Networks Corp appears to be a penny stock we also urge to confirm its revenue numbers.

IGEN Networks Trading Alerts and Improvement Suggestions

IGEN Networks Corp is way too risky over 90 days horizon
IGEN Networks Corp has some characteristics of a very speculative penny stock
IGEN Networks Corp appears to be risky and price may revert if volatility continues
IGEN Networks Corp has high likelihood to experience some financial distress in the next 2 years
The company currently holds 152.15 K in liabilities with Debt to Equity (D/E) ratio of 0.18, which may suggest the company is not taking enough advantage from borrowing. IGEN Networks Corp has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist IGEN Networks until it has trouble settling it off, either with new capital or with free cash flow. So, IGEN Networks' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like IGEN Networks Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for IGEN to invest in growth at high rates of return. When we think about IGEN Networks' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 268.95 K. Net Loss for the year was (3.43 M) with profit before overhead, payroll, taxes, and interest of 145.15 K.
IGEN Networks Corp currently holds about 53.42 K in cash with (962.96 K) of positive cash flow from operations.

IGEN Networks Returns Distribution Density

The distribution of IGEN Networks' historical returns is an attempt to chart the uncertainty of IGEN Networks' future price movements. The chart of the probability distribution of IGEN Networks daily returns describes the distribution of returns around its average expected value. We use IGEN Networks Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IGEN Networks returns is essential to provide solid investment advice for IGEN Networks.
Mean Return
4.10
Value At Risk
-33.33
Potential Upside
50.00
Standard Deviation
27.33
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IGEN Networks historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

IGEN Networks Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IGEN Networks or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IGEN Networks' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IGEN pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
5.46
β
Beta against NYSE Composite-11.05
σ
Overall volatility
27.33
Ir
Information ratio 0.15

IGEN Networks Volatility Alert

IGEN Networks Corp is showing large volatility of returns over the selected time horizon. IGEN Networks Corp appears to be a penny stock. Although IGEN Networks Corp may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in IGEN Networks Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on IGEN instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

IGEN Networks Fundamentals Vs Peers

Comparing IGEN Networks' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IGEN Networks' direct or indirect competition across all of the common fundamentals between IGEN Networks and the related equities. This way, we can detect undervalued stocks with similar characteristics as IGEN Networks or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of IGEN Networks' fundamental indicators could also be used in its relative valuation, which is a method of valuing IGEN Networks by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare IGEN Networks to competition
FundamentalsIGEN NetworksPeer Average
Return On Asset-2.83-0.14
Operating Margin(9.88) %(5.51) %
Current Valuation3.07 M16.62 B
Shares Outstanding1.8 B571.82 M
Shares Owned By Insiders3.85 %10.09 %
Price To Earning(3.34) X28.72 X
Price To Sales7.54 X11.42 X
Revenue268.95 K9.43 B
Gross Profit145.15 K27.38 B
EBITDA(3.26 M)3.9 B
Net Income(3.43 M)570.98 M
Cash And Equivalents53.42 K2.7 B
Total Debt152.15 K5.32 B
Debt To Equity0.18 %48.70 %
Current Ratio0.25 X2.16 X
Book Value Per Share(0) X1.93 K
Cash Flow From Operations(962.96 K)971.22 M
Earnings Per Share(0) X3.12 X
Number Of Employees1018.84 K
Beta2.36-0.15
Market Capitalization2.44 M19.03 B
Total Asset761.83 K29.47 B
Retained Earnings(8.23 M)9.33 B
Working Capital(762 K)1.48 B
Current Asset326 K9.34 B
Current Liabilities1.09 M7.9 B
Z Score-18.88.72
Net Asset761.83 K

IGEN Networks Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IGEN . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About IGEN Networks Buy or Sell Advice

When is the right time to buy or sell IGEN Networks Corp? Buying financial instruments such as IGEN Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having IGEN Networks 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.

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Utilities ETFs
Utilities ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Utilities ETFs theme has 13 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 Utilities ETFs Theme or any other thematic opportunities.
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Check out IGEN Networks Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note that the IGEN Networks Corp information on this page should be used as a complementary analysis to other IGEN Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running IGEN Networks' price analysis, check to measure IGEN Networks' 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 IGEN Networks is operating at the current time. Most of IGEN Networks' value examination focuses on studying past and present price action to predict the probability of IGEN Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGEN Networks' price. Additionally, you may evaluate how the addition of IGEN Networks to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between IGEN Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if IGEN Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IGEN Networks' 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.