Incannex Healthcare Ltd Stock Analysis
| IXHL Stock | USD 1.37 0.03 2.24% |
Incannex Healthcare Ltd is fairly valued with Real Value of 1.31 and Hype Value of 1.35. The main objective of Incannex Healthcare stock analysis is to determine its intrinsic value, which is an estimate of what Incannex Healthcare Ltd is worth, separate from its market price. There are two main types of Incannex Healthcare's stock analysis: fundamental analysis and technical analysis.
The Incannex Healthcare stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
Incannex |
Incannex Stock Analysis Notes
About 26.0% of the company shares are held by company insiders. The company recorded a loss per share of 1.34. Incannex Healthcare had not issued any dividends in recent years. The entity had 1:4 split on the 30th of November 2023. Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies in Australia. Incannex Healthcare Limited was incorporated in 2001 and is based in Melbourne, Australia. Incannex Healthcare is traded on NASDAQ Exchange in the United States. To learn more about Incannex Healthcare Ltd call Joel Latham at 61 4 0984 0786 or check out https://www.incannex.com.Incannex Healthcare Investment Alerts
| Incannex Healthcare generated a negative expected return over the last 90 days | |
| Incannex Healthcare has high historical volatility and very poor performance | |
| Incannex Healthcare may become a 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. | |
| Incannex Healthcare has a poor financial position based on the latest SEC disclosures | |
| Roughly 26.0% of the company shares are held by company insiders |
Incannex Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.36 M.Technical Drivers
As of the 27th of February, Incannex Healthcare retains the Market Risk Adjusted Performance of 0.2512, risk adjusted performance of (0.03), and Standard Deviation of 5.13. Incannex Healthcare technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Incannex Healthcare market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Incannex Healthcare is priced fairly, providing market reflects its last-minute price of 1.37 per share. Given that Incannex Healthcare Ltd is a hitting penny stock territory we urge to closely look at its jensen alpha.Incannex Healthcare Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Incannex Healthcare middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Incannex Healthcare. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Incannex Healthcare Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Incannex Healthcare insiders, such as employees or executives, is commonly permitted as long as it does not rely on Incannex Healthcare's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Incannex Healthcare insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Barbato Luigi M. over three months ago Acquisition by Barbato Luigi M. of 100476 shares of Incannex Healthcare subject to Rule 16b-3 | ||
Barbato Luigi M. over three months ago Insider Trading | ||
Madhukar Bhalla over six months ago Insider Trading | ||
Valentine Troy over six months ago Disposition of 1951 shares by Valentine Troy of Incannex Healthcare at 16.44 subject to Rule 16b-3 | ||
Valentine Troy over six months ago Acquisition by Valentine Troy of 670000 shares of Incannex Healthcare subject to Rule 16b-3 | ||
Clark Robert over six months ago Acquisition by Clark Robert of 100000 shares of Incannex Healthcare subject to Rule 16b-3 | ||
Clark Robert over a year ago Incannex Healthcare exotic insider transaction detected |
Incannex Healthcare Outstanding Bonds
Incannex Healthcare issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Incannex Healthcare uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Incannex bonds can be classified according to their maturity, which is the date when Incannex Healthcare Ltd has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Incannex Healthcare Predictive Daily Indicators
Incannex Healthcare intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Incannex Healthcare stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Incannex Healthcare Forecast Models
Incannex Healthcare's time-series forecasting models are one of many Incannex Healthcare's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Incannex Healthcare's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Incannex Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Incannex Healthcare prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Incannex shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Incannex Healthcare. By using and applying Incannex Stock analysis, traders can create a robust methodology for identifying Incannex entry and exit points for their positions.
Incannex Healthcare Limited engages in the research, development, and sale of medicinal cannabinoid and psychedelic pharmaceutical products and therapies in Australia. Incannex Healthcare Limited was incorporated in 2001 and is based in Melbourne, Australia. Incannex Healthcare is traded on NASDAQ Exchange in the United States.
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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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.
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.