Incannex Healthcare Ltd Stock Performance
| IXHL Stock | USD 0.80 0.03 3.61% |
The company retains a Market Volatility (i.e., Beta) of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Incannex Healthcare are expected to decrease at a much lower rate. During the bear market, Incannex Healthcare is likely to outperform the market. At this point, Incannex Healthcare has a negative expected return of -1.19%. Please make sure to check out Incannex Healthcare's jensen alpha, as well as the relationship between the skewness and day median price , to decide if Incannex Healthcare performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Incannex Healthcare Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical indicators remain quite persistent which may send shares a bit higher in April 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
Last Split Factor 1:4 | Last Split Date 2023-11-30 |
1 | Incannex Healthcare Inc. Short Interest Up 34.2 percent in December | 01/16/2025 |
2 | Incannex Healthcare Announces Positive Topline Results from Pharmacokinetics Study of IHL-42X, an Oral Combination Medicine for the Treatment of Obstructive Sle... | 01/23/2025 |
3 | Incannex Healthcare Appoints Alison Wimms,Ph.D. to Newly Formed IHL-42X Obstructive Sleep Apnea Clinical Advisory Board | 02/04/2025 |
4 | Incannex Healthcare Inc. Short Interest Update | 03/04/2025 |
5 | Incannex Healthcare Inc. Announces Pricing of 12.5 Million Private Placement Priced at the Market Under Nasdaq Rules | 03/07/2025 |
6 | Weekly Roundup on the Cannabis Sector Psychedelic Sector | 03/17/2025 |
7 | Insider Trading | 03/18/2025 |
| Begin Period Cash Flow | 22.1 M |
Incannex |
Incannex Healthcare Relative Risk vs. Return Landscape
If you would invest 180.00 in Incannex Healthcare Ltd on December 25, 2024 and sell it today you would lose (100.00) from holding Incannex Healthcare Ltd or give up 55.56% of portfolio value over 90 days. Incannex Healthcare Ltd is currently does not generate positive expected returns and assumes 5.9355% risk (volatility on return distribution) over the 90 days horizon. In different words, 52% of stocks are less volatile than Incannex, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Incannex Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Incannex Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Incannex Healthcare Ltd, and traders can use it to determine the average amount a Incannex Healthcare'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 = -0.2001
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IXHL |
Estimated Market Risk
| 5.94 actual daily | 53 53% of assets are less volatile |
Expected Return
| -1.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Incannex Healthcare 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 Incannex Healthcare by adding Incannex Healthcare to a well-diversified portfolio.
Incannex Healthcare Fundamentals Growth
Incannex Stock prices reflect investors' perceptions of the future prospects and financial health of Incannex Healthcare, and Incannex Healthcare 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 Incannex Stock performance.
| Return On Equity | -2.4 | ||||
| Return On Asset | -0.82 | ||||
| Operating Margin | (337.33) % | ||||
| Current Valuation | 24.83 M | ||||
| Shares Outstanding | 27.55 M | ||||
| Price To Book | 23.66 X | ||||
| Price To Sales | 224.87 X | ||||
| Revenue | 12 K | ||||
| Gross Profit | 98 K | ||||
| EBITDA | (18.5 M) | ||||
| Net Income | (18.46 M) | ||||
| Cash And Equivalents | 37.5 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 373 K | ||||
| Current Ratio | 18.84 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (15.85 M) | ||||
| Earnings Per Share | (1.42) X | ||||
| Market Capitalization | 22.04 M | ||||
| Total Asset | 17.05 M | ||||
| Retained Earnings | (110.67 M) | ||||
| Working Capital | 10.58 M | ||||
About Incannex Healthcare Performance
By examining Incannex Healthcare's fundamental ratios, stakeholders can obtain critical insights into Incannex Healthcare's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Incannex Healthcare is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 133.60 | 105.62 | |
| Return On Tangible Assets | (1.25) | (1.31) | |
| Return On Capital Employed | (3.02) | (2.87) | |
| Return On Assets | (1.25) | (1.31) | |
| Return On Equity | (1.48) | (1.41) |
Things to note about Incannex Healthcare performance evaluation
Checking the ongoing alerts about Incannex Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Incannex Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Incannex Healthcare generated a negative expected return over the last 90 days | |
| Incannex Healthcare has high historical volatility and very poor performance | |
| Incannex Healthcare has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 12 K. Net Loss for the year was (18.46 M) with profit before overhead, payroll, taxes, and interest of 98 K. | |
| Incannex Healthcare Ltd currently holds about 37.5 M in cash with (15.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68. | |
| Roughly 31.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Weekly Roundup on the Cannabis Sector Psychedelic Sector |
- Analyzing Incannex Healthcare'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 Incannex Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Incannex Healthcare'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 Incannex Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Incannex Healthcare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Incannex Healthcare's stock. These opinions can provide insight into Incannex Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Incannex Healthcare Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Biotechnology space 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 Incannex Healthcare. If investors know Incannex 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 Incannex Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.42) | Revenue Per Share | Quarterly Revenue Growth 0.296 | Return On Assets | Return On Equity |
The market value of Incannex Healthcare is measured differently than its book value, which is the value of Incannex that is recorded on the company's balance sheet. Investors also form their own opinion of Incannex Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Incannex Healthcare'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 Incannex Healthcare's market value can be influenced by many factors that don't directly affect Incannex Healthcare'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 Incannex Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incannex Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incannex Healthcare'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.