IDEX.OL Live signals | Maximize Profits with Getagraph.com

BUY 86 min ago

@ NOK2.00

Issued: 18 Apr 2024 @ 08:44

Return: 0.95%

Previous signal: Apr 18 - 07:25

Previous signal: Sell

Return: -2.79 %

Live Chart Being Loaded With Signals

Commentary (18 Apr 2024 @ 09:52):
Our systems believe the stock currently is overvalued by 0.93% compare to its pairs and should correct downwards.

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions...

Stats
Today's Volume	835 544
Average Volume	1.95M
Market Cap	565.58M
EPS	NOK0 ( 2024-02-28 )
Next earnings date	( NOK0 ) 2024-05-16
Last Dividend	NOK0 ( N/A )
Next Dividend	NOK0 ( N/A )
P/E	-1.850
ATR14	NOK0.140 (6.94%)

Correlation (AI algo v.1.1b): Overvalued: -0.93% NOK2.000 paired level. (The Algo Track The Changes Of The Most Correlated Stocks In Realtime And Give An Instant Update)

Volume Correlation

Long: -0.88 (strong negative)

Short: 1.00 (very strong)

Signal:(35) Expect same movement, but be aware

IDEX Biometrics ASA Correlation

10 Most Positive Correlations
NBX.OL	0.95
AUTO.OL	0.912
NEL.OL	0.912
ELK.OL	0.911
MEDI.OL	0.909
KOMPL.OL	0.908
ANDF.OL	0.897
AFG.OL	0.897
SCATC.OL	0.893
ZWIPE.OL	0.89

10 Most Negative Correlations
BWLPG.OL	-0.922
EQNR.OL	-0.915
SNI.OL	-0.886
PGS.OL	-0.877
AGAS.OL	-0.876
HAFNI.OL	-0.874
SBX.OL	-0.866
SCANA.OL	-0.852
ODL.OL	-0.852
NORSE.OL	-0.851

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

IDEX Biometrics ASA Correlation - Currency/Commodity

-0.14
( neutral )

0.16
( neutral )

0.00
( neutral )

0.79
( moderate )

0.00
( neutral )

0.46
( neutral )

IDEX Biometrics ASA Financials

Annual	2022
Revenue:	NOK4.09M
Gross Profit:	NOK848 000 (20.72 %)
EPS:	NOK-0.0316

Q2	2023
Revenue:	NOK1.46M
Gross Profit:	NOK318 000 (21.74 %)
EPS:	NOK-0.00570

Q1	2023
Revenue:	NOK1.24M
Gross Profit:	NOK329 000 (26.49 %)
EPS:	NOK-0.00620

Q4	2022
Revenue:	NOK1.07M
Gross Profit:	NOK352 000 (32.99 %)
EPS:	NOK-0.00410

Financial Reports:

No articles found.

IDEX Biometrics ASA

IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies. It primarily serves manufacturers of smart cards for financial payment applications and biometric payment card markets. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway.