Identa Corp Stock Today

IDTA Stock  USD 0.13  0.02  13.33%   

Performance

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Odds Of Distress

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Identa Corp is trading at 0.13 as of the 29th of March 2024, a -13.33% down since the beginning of the trading day. The stock's open price was 0.15. Identa Corp has 49 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Identa Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
IDenta Corp. develops, manufactures, and supplies field detection and home diagnostics testing kits for narcotics and explosives, and forensic products in the homeland security and consumer markets worldwide. IDenta Corp. was incorporated in 1997 and is headquartered in Jerusalem, Israel. The company has 4.05 M outstanding shares. More on Identa Corp

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Identa OTC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Identa Corp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Identa Corp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiagnostics & Research, Healthcare (View all Sectors)
Identa Corp [IDTA] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.62 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Identa Corp's market, we take the total number of its shares issued and multiply it by Identa Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Identa Corp conducts business under Healthcare sector and is part of Diagnostics & Research industry. The entity has 4.05 M outstanding shares. Identa Corp currently holds about 39.44 K in cash with (88.95 K) of positive cash flow from operations.
Check Identa Corp Probability Of Bankruptcy

Identa Stock Price Odds Analysis

What are Identa Corp's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Identa Corp jumping above the current price in 90 days from now is about 85.56%. The Identa Corp probability density function shows the probability of Identa Corp otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Identa Corp has a beta of 0.2899. This usually indicates as returns on the market go up, Identa Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Identa Corp will be expected to be much smaller as well. Additionally, identa Corp has an alpha of 0.02, implying that it can generate a 0.02 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.13HorizonTargetOdds Above 0.13
14.33%90 days
 0.13 
85.56%
Based on a normal probability distribution, the odds of Identa Corp to move above the current price in 90 days from now is about 85.56 (This Identa Corp probability density function shows the probability of Identa OTC Stock to fall within a particular range of prices over 90 days) .

Identa Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Identa Corp market risk premium is the additional return an investor will receive from holding Identa Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Identa Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Identa Corp's alpha and beta are two of the key measurements used to evaluate Identa Corp's performance over the market, the standard measures of volatility play an important role as well.

Identa Stock Against Markets

Picking the right benchmark for Identa Corp otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Identa Corp otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Identa Corp is critical whether you are bullish or bearish towards Identa Corp at a given time. Please also check how Identa Corp's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Identa Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Identa Corp Corporate Management

Elected by the shareholders, the Identa Corp's board of directors comprises two types of representatives: Identa Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Identa. The board's role is to monitor Identa Corp's management team and ensure that shareholders' interests are well served. Identa Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Identa Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Identa OTC Stock?

Before investing in Identa Corp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Identa Corp. To buy Identa Corp stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Identa Corp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Identa Corp stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Identa Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Identa Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Identa Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Identa Corp?

The danger of trading Identa Corp is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Identa Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Identa Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Identa Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Identa Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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