Independence Contract Drilling, Buy Hold or Sell Recommendation

ICDIDelisted Stock   0.34  0.00  0.00%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Independence Contract Drilling, is 'Not Rated'. The recommendation algorithm takes into account all of Independence Contract's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
In addition, we conduct extensive research on individual companies such as Independence and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Independence Contract Drilling,. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Execute Independence Contract Buy or Sell Advice

The Independence recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Independence Contract Drilling,. Macroaxis does not own or have any residual interests in Independence Contract Drilling, or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Independence Contract's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Independence ContractBuy Independence Contract
Not Rated
For the selected time horizon Independence Contract Drilling, has a Risk Adjusted Performance of (0.13), Jensen Alpha of (1.64), Total Risk Alpha of (1.85) and Treynor Ratio of (6.43)

Independence Contract Trading Alerts and Improvement Suggestions

Independence Contract is not yet fully synchronised with the market data
Independence Contract has some characteristics of a very speculative penny stock

Independence Contract Returns Distribution Density

The distribution of Independence Contract's historical returns is an attempt to chart the uncertainty of Independence Contract's future price movements. The chart of the probability distribution of Independence Contract daily returns describes the distribution of returns around its average expected value. We use Independence Contract Drilling, price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Independence Contract returns is essential to provide solid investment advice for Independence Contract.
Mean Return
-1.63
Value At Risk
-17.78
Potential Upside
10.17
Standard Deviation
9.40
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Independence Contract historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Independence Contract Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Independence . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Use Investing Ideas to Build Portfolios

In addition to having Independence Contract in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Pharmaceutical Products Thematic Idea Now

Pharmaceutical Products
Pharmaceutical Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Pharmaceutical Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Pharmaceutical Products Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Note that the Independence Contract information on this page should be used as a complementary analysis to other Independence Contract'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 the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Other Consideration for investing in Independence OTC Stock

If you are still planning to invest in Independence Contract check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Independence Contract's history and understand the potential risks before investing.
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