Use Imagenetix to offset short term systematic risk or to hedge overall market volatility. The stock experiences little momentum. The pattern is not really predictable. Watch out for false signals
1 Month Beta ..........
0.45
As returns on market increase, Imagenetix returns are expected to increase less than the market. However during bear market, the loss on holding Imagenetix will be expected to be smaller as well.
The median price of Imagenetix for the period between Thu, Apr 26, 2012 and Sat, May 26, 2012 is 0.07 with a coefficient of variation of 22.78. The daily time series for the period is distributed with a sample standard deviation of 0.02, arithmetic mean of 0.07, and mean deviation of 0.01. The Stock did not receive any noticable media coverage during the period.
Imagenetix Inc. [IAGX] is traded as part of a regulated electronic trading service offered by the NASD. The company currently falls under 'Nano-Cap' category with current market capitalization of 330.71 K. Imagenetix Inc. operates under Healthcare sector and is part of Drug Related Products industry. This company has 11.81 M outstanding shares.
Imagenetix Liquidity
IMAGENETIX INC has accumulated about 208.52 K in cash with 697.41 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
The company has accumulated 721.32 K in total debt. Imagenetix Inc. has Current Ratio of 0.52 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.