Imine OTC Stock Performance

JRVS -  USA Stock  

USD 0.033  0.001  2.94%

The company retains a Market Volatility (i.e., Beta) of 0.2908, which attests to not very significant fluctuations relative to the market. Let's try to break down what Imine's beta means in this case. As returns on the market increase, Imine Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Imine Corp will be expected to be smaller as well. Even though it is essential to pay attention to Imine Corp current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Imine Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Imine Corp has an expected return of -0.0431%. Please be advised to check out Imine Corp downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Imine Corp performance from the past will be repeated at some point in the near future.
  
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Imine Performance
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Over the last 90 days Imine Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Imine Corp is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more

Imine Price Channel

Fifty Two Week Low0.0300
Fifty Two Week High0.0630

Imine Corp Relative Risk vs. Return Landscape

If you would invest  3.50  in Imine Corp on February 22, 2022 and sell it today you would lose (0.20)  from holding Imine Corp or give up 5.71% of portfolio value over 90 days. Imine Corp is currently does not generate positive expected returns and assumes 3.1474% risk (volatility on return distribution) over the 90 days horizon. In different words, 27% of otc stocks are less volatile than Imine, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Imine Corp is expected to generate 2.37 times more return on investment than the market. However, the company is 2.37 times more volatile than its market benchmark. It trades about -0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Imine Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Imine Corp's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Imine Corp, and traders can use it to determine the average amount a Imine 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 = -0.0137

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Negative ReturnsJRVS
Estimated Market Risk
 3.15
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 27 %
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Expected Return
 -0.04
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Based on monthly moving average Imine Corp is performing at about 0% 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 Imine Corp by adding it to a well-diversified portfolio.

About Imine Corp Performance

To evaluate Imine 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 Imine 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 Imine 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 Imine Corp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Imine'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.
It was previously engaged in the development and selling of computer equipment used for the mining of cryptocurrency. The company was formerly known as Diamante Minerals, Inc. and changed its name to iMine Corporation in March 2018. iMine Corporation was incorporated in 2010 and is based in Miami, Florida. Imine Corp operates under Shell Companies classification in the United States and is traded on OTC Exchange.

Things to note about Imine Corp

Checking the ongoing alerts about Imine Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Imine Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Imine Corp Alerts

Equity Alerts and Improvement Suggestions

Imine Corp generated a negative expected return over the last 90 days
Imine Corp has some characteristics of a very speculative penny stock
Imine Corp has high historical volatility and very poor performance
Imine Corp has high likelihood to experience some financial distress in the next 2 years
The company currently holds 643.78 K in liabilities with Debt to Equity (D/E) ratio of 59.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Imine Corp has a current ratio of 0.04, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Imine Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Imine 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 Imine Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Imine to invest in growth at high rates of return. When we think about Imine Corp's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (45.5 K).
Imine Corp currently holds about 485 in cash with (360) of positive cash flow from operations.
Roughly 70.0% of Imine Corp shares are held by company insiders
Please see Risk vs Return Analysis. Note that the Imine Corp information on this page should be used as a complementary analysis to other Imine Corp'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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