Indocan Resources Stock Buy Hold or Sell Recommendation
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Indocan Resources is 'Strong Sell'. Macroaxis provides Indocan Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IDCN positions. The advice algorithm takes into account all of Indocan Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Indocan Resources' buy or sell advice are summarized below:
Real Value 0.0 | Hype Value 0.0 | Market Value 0.0 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Indocan Resources given historical horizon and risk tolerance towards Indocan Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Indocan Resources, the advice is generated through an automated system that utilizes algorithms and statistical models.
Indocan |
Execute Indocan Resources Buy or Sell Advice
The Indocan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Indocan Resources. Macroaxis does not own or have any residual interests in Indocan Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Indocan Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
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Not Rated
Indocan Resources Trading Alerts and Improvement Suggestions
| Indocan Resources generated a negative expected return over the last 90 days | |
| Indocan Resources has some characteristics of a very speculative penny stock | |
| Indocan Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (639.55 K) with loss before overhead, payroll, taxes, and interest of (8.8 K). | |
| Indocan Resources generates negative cash flow from operations | |
| Indocan Resources has a very weak financial position based on the latest SEC disclosures |
Indocan Resources 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 Indocan Resources or Pharmaceuticals 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 Indocan Resources' price will be affected by overall stock 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 Indocan stock'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 | 0.00 | |
β | Beta against NYSE Composite | 0.00 | |
σ | Overall volatility | 0.00 | |
Ir | Information ratio | 0.00 |
Indocan Resources Volatility Alert
At this time Indocan Resources exhibits very low volatility. You can indeed make money on Indocan instrument if you perfectly time your entry and exit. However, remember that penny stocks 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.Indocan Resources Fundamentals Vs Peers
Comparing Indocan Resources' 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 Indocan Resources' direct or indirect competition across all of the common fundamentals between Indocan Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Indocan Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Indocan Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Indocan Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Indocan Resources to competition |
| Fundamentals | Indocan Resources | Peer Average |
| Current Valuation | 23 | 16.62 B |
| Shares Outstanding | 7.41 B | 571.82 M |
| Gross Profit | (8.8 K) | 27.38 B |
| EBITDA | (444.29 K) | 3.9 B |
| Net Income | (639.55 K) | 570.98 M |
| Book Value Per Share | 0.04 X | 1.93 K |
| Cash Flow From Operations | (443.17 K) | 971.22 M |
| Earnings Per Share | (0.03) X | 3.12 X |
| Beta | -18.52 | -0.15 |
| Market Capitalization | 7.41 K | 19.03 B |
About Indocan Resources Buy or Sell Advice
When is the right time to buy or sell Indocan Resources? Buying financial instruments such as Indocan Stock 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.| 2010 | 2011 | 2023 | 2024 (projected) | Total Current Liabilities | 13.9K | 674.2K | 775.3K | 814.0K | Other Current Liabilities | 13.4K | 194.5K | 223.6K | 114.3K |
Use Investing Ideas to Build Portfolios
In addition to having Indocan Resources 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 Insurance Providers Thematic Idea Now
Insurance Providers
Companies providing all types of insurance and insurance services. The Insurance Providers theme has 37 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 Insurance Providers Theme or any other thematic opportunities.
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Check out Indocan Resources 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. To learn how to invest in Indocan Stock, please use our How to Invest in Indocan Resources guide.Note that the Indocan Resources information on this page should be used as a complementary analysis to other Indocan Resources' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Indocan Stock analysis
When running Indocan Resources' price analysis, check to measure Indocan Resources' 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 Indocan Resources is operating at the current time. Most of Indocan Resources' value examination focuses on studying past and present price action to predict the probability of Indocan Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indocan Resources' price. Additionally, you may evaluate how the addition of Indocan Resources to your portfolios can decrease your overall portfolio volatility.
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Is Indocan Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Indocan Resources. If investors know Indocan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Indocan Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) |
The market value of Indocan Resources is measured differently than its book value, which is the value of Indocan that is recorded on the company's balance sheet. Investors also form their own opinion of Indocan Resources' value that differs from its market value or its book value, called intrinsic value, which is Indocan Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Indocan Resources' market value can be influenced by many factors that don't directly affect Indocan Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Indocan Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Indocan Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indocan Resources' 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.