Indorama Ventures Pcl Stock Today
| INDOY Stock | USD 6.65 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Indorama Ventures is trading at 6.65 as of the 24th of April 2024; that is No Change since the beginning of the trading day. The stock's open price was 6.65. Indorama Ventures has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Indorama Ventures PCL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of March 2023 and ending today, the 24th of April 2024. Click here to learn more.
Indorama Ventures Public Company Limited produces and distributes polyethylene terephthalate , purified terephthalic acid , paraxylene, purified isophthalic acid, naphthalene dicarboxylate , integrated purified ethylene oxide and ethylene glycol, polyester, rayon, nylon, polypropylene, composites, and worsted wool fibers products. The company has 561.45 M outstanding shares. More on Indorama Ventures PCL
Moving against Indorama Pink Sheet
| 0.81 | SHECF | Shin Etsu Chemical | PairCorr |
| 0.81 | DOW | Dow Inc Earnings Call Tomorrow | PairCorr |
| 0.8 | SHECY | Shin Etsu Chemical | PairCorr |
| 0.77 | BFFAF | BASF SE NA | PairCorr |
| 0.71 | GNENF | Ganfeng Lithium | PairCorr |
| 0.7 | GNENY | Ganfeng Lithium | PairCorr |
| 0.66 | PECGF | PETRONAS Chemicals | PairCorr |
Follow Valuation Odds of Bankruptcy
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Indorama Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Indorama Ventures' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Indorama Ventures or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Dilip Agarwal |
| Business Concentration | Chemicals, Basic Materials (View all Sectors) |
Indorama Ventures PCL [INDOY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Indorama Ventures's market, we take the total number of its shares issued and multiply it by Indorama Ventures'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. Indorama Ventures PCL classifies itself under Basic Materials sector and is part of Chemicals industry. The entity has 561.45 M outstanding shares.
Indorama Ventures PCL has accumulated about 26.73 B in cash with 33.77 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.76.
Check Indorama Ventures Probability Of Bankruptcy
Indorama Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Indorama Ventures jumping above the current price in 90 days from now is about 69.43%. The Indorama Ventures PCL probability density function shows the probability of Indorama Ventures pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Indorama Ventures PCL has a beta of -0.1864. This usually indicates as returns on the benchmark increase, returns on holding Indorama Ventures are expected to decrease at a much lower rate. During a bear market, however, Indorama Ventures PCL is likely to outperform the market. Additionally, indorama Ventures PCL has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Indorama Ventures to move above the current price in 90 days from now is about 69.43 (This Indorama Ventures PCL probability density function shows the probability of Indorama Pink Sheet to fall within a particular range of prices over 90 days) .
Indorama Ventures PCL Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Indorama Ventures market risk premium is the additional return an investor will receive from holding Indorama Ventures 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 Indorama Ventures. 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 Indorama Ventures' alpha and beta are two of the key measurements used to evaluate Indorama Ventures' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5857 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.67 | |||
| Risk Adjusted Performance | (0.04) |
Indorama Stock Against Markets
Picking the right benchmark for Indorama Ventures pink sheet 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 Indorama Ventures pink sheet 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 Indorama Ventures is critical whether you are bullish or bearish towards Indorama Ventures PCL at a given time. Please also check how Indorama Ventures' 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 Indorama Ventures 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.Did you try this?
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Indorama Ventures Corporate Directors
Indorama Ventures corporate directors refer to members of an Indorama Ventures board of directors. The board of directors generally takes responsibility for the Indorama Ventures' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Indorama Ventures' board members must vote for the resolution. The Indorama Ventures board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Heinecke | Independent Director | Profile | |
| Maris Samaram | Independent Director | Profile | |
| Siri Ganjarerndee | Independent Director | Profile | |
| Marit Samaram | Independent Director | Profile |
How to buy Indorama Pink Sheet?
Before investing in Indorama Ventures, 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 Indorama Ventures. To buy Indorama Ventures stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Indorama Ventures. 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 Indorama Ventures stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Indorama Ventures PCL 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 Indorama Ventures PCL 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 Indorama Ventures PCL, 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 Indorama Ventures PCL?
The danger of trading Indorama Ventures PCL is mainly related to its market volatility and Company 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 Indorama Ventures 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 Indorama Ventures. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Indorama Ventures PCL 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 Indorama Ventures PCL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Indorama Pink Sheet analysis
When running Indorama Ventures' price analysis, check to measure Indorama Ventures' 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 Indorama Ventures is operating at the current time. Most of Indorama Ventures' value examination focuses on studying past and present price action to predict the probability of Indorama Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indorama Ventures' price. Additionally, you may evaluate how the addition of Indorama Ventures to your portfolios can decrease your overall portfolio volatility.
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