Indigo Books Music Stock Today
| IDGBF Stock | USD 1.78 0.01 0.56% |
Performance11 of 100
| Odds Of DistressOver 52
|
Indigo Books is trading at 1.78 as of the 25th of April 2024. This is a -0.56 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.78. Indigo Books has 52 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. Equity ratings for Indigo Books Music are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Indigo Books Music Inc., together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. Indigo Books Music Inc. was founded in 1940 and is headquartered in Toronto, Canada. Indigo Books operates under Specialty Retail classification in the United States and is traded on OTC Exchange. The company has 27.35 M outstanding shares. More on Indigo Books Music
Moving against Indigo Pink Sheet
| 0.78 | MCD | McDonalds Earnings Call This Week | PairCorr |
| 0.71 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.7 | JNJ | Johnson Johnson Financial Report 18th of July 2024 | PairCorr |
| 0.57 | PFE | Pfizer Inc Earnings Call This Week | PairCorr |
Follow Valuation Odds of Bankruptcy
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Indigo 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. Indigo Books' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Indigo Books or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Founder, Chairman and CEO | Heather Reisman |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Books, Music and Video, Consumer Discretionary, Specialty Retail, Specialty Retail, Consumer Cyclical (View all Sectors) |
Indigo Books Music [IDGBF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Micro-Cap' category with a current market capitalization of 47.59 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Indigo Books's market, we take the total number of its shares issued and multiply it by Indigo Books'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. Indigo Books Music classifies itself under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 27.35 M outstanding shares.
Indigo Books Music has accumulated about 43.17 M in cash with 81.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.58.
Check Indigo Books Probability Of Bankruptcy
Ownership AllocationIndigo Books Music has a total of 27.35 Million outstanding shares. Indigo Books retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.43 (percent) of Indigo Books outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Indigo Ownership Details
Indigo Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Indigo Books jumping above the current price in 90 days from now is about 9.68%. The Indigo Books Music probability density function shows the probability of Indigo Books pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Indigo Books Music has a beta of -2.0239. This usually indicates as returns on its benchmark rise, returns on holding Indigo Books Music are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Indigo Books is expected to outperform its benchmark. Additionally, indigo Books Music has an alpha of 0.8482, implying that it can generate a 0.85 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Indigo Books to move above the current price in 90 days from now is about 9.68 (This Indigo Books Music probability density function shows the probability of Indigo Pink Sheet to fall within a particular range of prices over 90 days) .
Indigo Books Music Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Indigo Books market risk premium is the additional return an investor will receive from holding Indigo Books 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 Indigo Books. 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 Indigo Books' alpha and beta are two of the key measurements used to evaluate Indigo Books' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.96 | |||
| Semi Deviation | 0.993 | |||
| Standard Deviation | 6.18 | |||
| Variance | 38.17 |
Indigo Stock Against Markets
Picking the right benchmark for Indigo Books 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 Indigo Books 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 Indigo Books is critical whether you are bullish or bearish towards Indigo Books Music at a given time. Please also check how Indigo Books' 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 Indigo Books 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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| All Next | Launch Module |
Indigo Books Corporate Directors
Indigo Books corporate directors refer to members of an Indigo Books board of directors. The board of directors generally takes responsibility for the Indigo Books' 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 Indigo Books' board members must vote for the resolution. The Indigo Books board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ann ODonovan | Independent Director | Profile | |
| Frank Clegg | Independent Director | Profile | |
| Michael Kirby | Lead Independent Director | Profile | |
| James Hall | Independent Director | Profile |
How to buy Indigo Pink Sheet?
Before investing in Indigo Books, 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 Indigo Books. To buy Indigo Books stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Indigo Books. 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 Indigo Books stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Indigo Books Music 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 Indigo Books Music 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 Indigo Books Music, 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 Indigo Books Music?
The danger of trading Indigo Books Music 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 Indigo Books 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 Indigo Books. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Indigo Books Music 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 Indigo Books Music. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Indigo Books Music information on this page should be used as a complementary analysis to other Indigo Books' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Indigo Pink Sheet analysis
When running Indigo Books' price analysis, check to measure Indigo Books' 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 Indigo Books is operating at the current time. Most of Indigo Books' value examination focuses on studying past and present price action to predict the probability of Indigo Books' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Indigo Books' price. Additionally, you may evaluate how the addition of Indigo Books to your portfolios can decrease your overall portfolio volatility.
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