IFN Stock Summary and Trading Ideas (India | NYSE:IFN)

The Fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies.

India trades on the NYSE stock market under the symbol IFN.

As of April 16, 2024, IFN stock price declined to $18.36 with 248,553 million shares trading.

IFN has a beta of 0.70, meaning it tends to be less sensitive to market movements. IFN has a correlation of 0.22 to the broad based SPY ETF.

IFN has a market cap of $564.01 million. This is considered a Small Cap stock.

In the last 3 years, IFN stock traded as high as $23.78 and as low as $14.40.

IFN has outperformed the market in the last year with a return of +29.8%, while the SPY ETF gained +23.8%. However, in the most recent history, IFN shares have underperformed the stock market with its stock returning -2.3% in the last 3 month period and -10.7% for the last 2 week period, while SPY has returned +6.1% and -3.5%, respectively.

IFN support price is $18.25 and resistance is $18.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IFN stock will trade within this expected range on the day.