Identa Corp Stock Performance
IDTA Stock | USD 0.22 0.02 10.00% |
Identa Corp holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -3.35, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Identa Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, Identa Corp is expected to outperform it. Use Identa Corp variance, kurtosis, period momentum indicator, as well as the relationship between the total risk alpha and day median price , to analyze future returns on Identa Corp.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Identa Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Identa Corp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow | 541.1 K |
Identa |
Identa Corp Relative Risk vs. Return Landscape
If you would invest 15.00 in Identa Corp on January 26, 2024 and sell it today you would earn a total of 7.00 from holding Identa Corp or generate 46.67% return on investment over 90 days. Identa Corp is currently generating 1.22% in daily expected returns and assumes 13.5093% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Identa, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
Risk |
Identa Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Identa Corp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Identa Corp, and traders can use it to determine the average amount a Identa Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0903
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Estimated Market Risk
13.51 actual daily | 96 96% of assets are less volatile |
Expected Return
1.22 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Identa Corp is performing at about 7% of its full potential. 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 Identa Corp by adding it to a well-diversified portfolio.
Identa Corp Fundamentals Growth
Identa OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Identa Corp, and Identa Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Identa OTC Stock performance.
Return On Asset | -0.3 | |||
Profit Margin | (0.86) % | |||
Operating Margin | (0.69) % | |||
Current Valuation | 2.48 M | |||
Shares Outstanding | 4.05 M | |||
Price To Earning | 17.07 X | |||
Price To Book | 6.12 X | |||
Price To Sales | 10.27 X | |||
Revenue | 1.39 M | |||
EBITDA | 135.57 K | |||
Cash And Equivalents | 39.44 K | |||
Total Debt | 1.07 M | |||
Cash Flow From Operations | (88.95 K) | |||
Earnings Per Share | 0.01 X | |||
Total Asset | 1.23 M | |||
Retained Earnings | (2 M) | |||
Current Liabilities | 1000 K | |||
About Identa Corp Performance
To evaluate Identa Corp OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Identa Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Identa OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Identa Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Identa's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.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. IDENTA CORP is traded on OTC Exchange in the United States.Things to note about Identa Corp performance evaluation
Checking the ongoing alerts about Identa Corp for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Identa Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Identa Corp is way too risky over 90 days horizon | |
Identa Corp has some characteristics of a very speculative penny stock | |
Identa Corp appears to be risky and price may revert if volatility continues | |
The company currently holds 1.07 M in liabilities. Identa Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Identa Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Identa Corp's 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 Identa Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Identa to invest in growth at high rates of return. When we think about Identa Corp's use of debt, we should always consider it together with cash and equity. | |
Identa Corp currently holds about 39.44 K in cash with (88.95 K) of positive cash flow from operations. |
- Analyzing Identa Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Identa Corp's stock is overvalued or undervalued compared to its peers.
- Examining Identa Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Identa Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Identa Corp's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Identa Corp's otc stock. These opinions can provide insight into Identa Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Identa OTC Stock analysis
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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