Indie Semiconductor Stock Price on May 20, 2021

INDI Stock  USD 6.77  0.38  5.95%   
Below is the normalized historical share price chart for Indie Semiconductor extending back to October 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Indie Semiconductor stands at 6.77, as last reported on the 28th of March, with the highest price reaching 6.78 and the lowest price hitting 6.23 during the day.
IPO Date
10th of June 2021
200 Day MA
7.2115
50 Day MA
6.68
Beta
1.133
 
Covid
If you're considering investing in Indie Stock, it is important to understand the factors that can impact its price. Indie Semiconductor holds Efficiency (Sharpe) Ratio of -0.0446, which attests that the entity had a -0.0446% return per unit of risk over the last 3 months. Indie Semiconductor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Indie Semiconductor's Standard Deviation of 4.29, market risk adjusted performance of (0.05), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
  
As of now, Indie Semiconductor's Other Stockholder Equity is increasing as compared to previous years. The Indie Semiconductor's current Sale Purchase Of Stock is estimated to increase to 0.00, while Common Stock is projected to decrease to under 17.1 K. . As of now, Indie Semiconductor's Price Book Value Ratio is decreasing as compared to previous years. The Indie Semiconductor's current Price To Book Ratio is estimated to increase to 2.77, while Price Earnings Ratio is forecasted to increase to (9.51). Indie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0446

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Estimated Market Risk

 4.44
  actual daily
39
61% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Indie Semiconductor is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Indie Semiconductor by adding Indie Semiconductor to a well-diversified portfolio.
Price Book
2.3892
Enterprise Value Ebitda
(11.95)
Price Sales
5.0604
Shares Float
141.8 M
Wall Street Target Price
12.07

Indie Semiconductor Valuation on May 20, 2021

It is possible to determine the worth of Indie Semiconductor on a given historical date. On May 20, 2021 Indie was worth 7.3 at the beginning of the trading date compared to the closed value of 6.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Indie Semiconductor stock. Still, in general, we apply an absolute valuation method to find Indie Semiconductor's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Indie Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Indie Semiconductor's related companies.
 Open High Low Close Volume
03/14/2022
  7.30    7.33    6.69    6.69    1,992,200  
  6.68    6.99    6.58    6.89    1,112,700  
Backtest Indie Semiconductor  |  Indie Semiconductor History  |  Indie Semiconductor Valuation Next  
Open Value
7.3
6.69
Closing Value
20.61
Upside

Indie Semiconductor Trading Date Momentum on May 20, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Indie Semiconductor Fundamentals Correlations and Trends

By evaluating Indie Semiconductor's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Indie Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Indie financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Indie Semiconductor Stock history

Indie Semiconductor investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Indie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Indie Semiconductor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Indie Semiconductor stock prices may prove useful in developing a viable investing in Indie Semiconductor
Last ReportedProjected for 2024
Common Stock Shares Outstanding145.2 M105.3 M
Net Loss-39.1 M-41 M

Indie Semiconductor Quarterly Net Working Capital

132.94 Million

Indie Semiconductor Stock Technical Analysis

Indie Semiconductor technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Indie Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Indie Semiconductor trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Indie Semiconductor Period Price Range

Low
March 14, 2022
High

 7.30 

  

 6.69 

-0.61-8.36%

Indie Semiconductor March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Indie Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Indie Semiconductor shares will generate the highest return on investment. By undertsting and applying Indie Semiconductor stock market strength indicators, traders can identify Indie Semiconductor entry and exit signals to maximize returns

Indie Semiconductor Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Indie Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Indie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Indie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Indie Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Indie Semiconductor's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Indie Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Indie Semiconductor Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indie Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more detail on how to invest in Indie Stock please use our How to Invest in Indie Semiconductor guide.
Note that the Indie Semiconductor information on this page should be used as a complementary analysis to other Indie Semiconductor's 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Indie Stock analysis

When running Indie Semiconductor's price analysis, check to measure Indie Semiconductor's 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 Indie Semiconductor is operating at the current time. Most of Indie Semiconductor's value examination focuses on studying past and present price action to predict the probability of Indie Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indie Semiconductor's price. Additionally, you may evaluate how the addition of Indie Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is Indie Semiconductor's 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 Indie Semiconductor. If investors know Indie 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 Indie Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.81)
Revenue Per Share
1.537
Quarterly Revenue Growth
1.124
Return On Assets
(0.11)
Return On Equity
(0.33)
The market value of Indie Semiconductor is measured differently than its book value, which is the value of Indie that is recorded on the company's balance sheet. Investors also form their own opinion of Indie Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Indie Semiconductor's 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 Indie Semiconductor's market value can be influenced by many factors that don't directly affect Indie Semiconductor's 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 Indie Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Indie Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Indie Semiconductor'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.