IdeaForge Technology (India) Performance
| IDEAFORGE | 572.90 1.10 0.19% |
The company retains a Market Volatility (i.e., Beta) of 1.1, which attests to a somewhat significant risk relative to the market. IdeaForge Technology returns are very sensitive to returns on the market. As the market goes up or down, IdeaForge Technology is expected to follow. At this point, ideaForge Technology has a negative expected return of -0.31%. Please make sure to check out IdeaForge Technology's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if ideaForge Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days ideaForge Technology Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Even with unfluctuating performance in the last few months, the Stock's basic indicators remain relatively invariable which may send shares a bit higher in January 2025. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
1 | Va Tech Wabag, Ami Organics among 6 stocks on which brokerages initiated coverage, see up to 50 percent upside - The Economic Times | 09/23/2024 |
2 | Done Stock Ideaforge Technology rises 3 percent Goldman Sachs funds sells 6.5 lakh shares Citigroup buys 6.65 lakh shares Stock Market News - Mint | 10/11/2024 |
3 | The recent pullback must have dismayed ideaForge Technology Limited insiders who own 42 percent of the company - Simply Wall St | 10/30/2024 |
| Begin Period Cash Flow | 45 M |
IdeaForge |
IdeaForge Technology Relative Risk vs. Return Landscape
If you would invest 71,115 in ideaForge Technology Limited on September 2, 2024 and sell it today you would lose (13,825) from holding ideaForge Technology Limited or give up 19.44% of portfolio value over 90 days. ideaForge Technology Limited is generating negative expected returns and assumes 2.2772% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than IdeaForge, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
IdeaForge Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IdeaForge Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as ideaForge Technology Limited, and traders can use it to determine the average amount a IdeaForge Technology'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 = -0.1367
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| Negative Returns | IDEAFORGE |
Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average IdeaForge Technology is not performing at its full potential. However, 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 IdeaForge Technology by adding IdeaForge Technology to a well-diversified portfolio.
IdeaForge Technology Fundamentals Growth
IdeaForge Stock prices reflect investors' perceptions of the future prospects and financial health of IdeaForge Technology, and IdeaForge Technology 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 IdeaForge Stock performance.
| Return On Equity | 0.0202 | ||||
| Return On Asset | -0.0035 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | (0.62) % | ||||
| Current Valuation | 21.7 B | ||||
| Shares Outstanding | 43.03 M | ||||
| Price To Book | 3.77 X | ||||
| Price To Sales | 7.79 X | ||||
| Revenue | 3.14 B | ||||
| Gross Profit | 1.27 B | ||||
| EBITDA | 868.08 M | ||||
| Net Income | 452.68 M | ||||
| Total Debt | 144.91 M | ||||
| Book Value Per Share | 151.32 X | ||||
| Cash Flow From Operations | 760.35 M | ||||
| Earnings Per Share | 3.01 X | ||||
| Total Asset | 7.43 B | ||||
| Retained Earnings | 822.28 M | ||||
About IdeaForge Technology Performance
Assessing IdeaForge Technology's fundamental ratios provides investors with valuable insights into IdeaForge Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IdeaForge Technology is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
IdeaForge Technology is entity of India. It is traded as Stock on NSE exchange.Things to note about ideaForge Technology performance evaluation
Checking the ongoing alerts about IdeaForge Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for ideaForge Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| ideaForge Technology generated a negative expected return over the last 90 days | |
| About 54.0% of the company shares are held by company insiders |
- Analyzing IdeaForge Technology'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 IdeaForge Technology's stock is overvalued or undervalued compared to its peers.
- Examining IdeaForge Technology'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 IdeaForge Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IdeaForge Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IdeaForge Technology's stock. These opinions can provide insight into IdeaForge Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for IdeaForge Stock Analysis
When running IdeaForge Technology's price analysis, check to measure IdeaForge Technology'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 IdeaForge Technology is operating at the current time. Most of IdeaForge Technology's value examination focuses on studying past and present price action to predict the probability of IdeaForge Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IdeaForge Technology's price. Additionally, you may evaluate how the addition of IdeaForge Technology to your portfolios can decrease your overall portfolio volatility.