IXHL
Price
$2.08
Change
+$0.19 (+10.05%)
Updated
Oct 17 closing price
RDY
Price
$79.80
Change
+$0.60 (+0.76%)
Updated
Oct 17 closing price
18 days until earnings call
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IXHL vs RDY

Header iconIXHL vs RDY Comparison
Open Charts IXHL vs RDYBanner chart's image
Incannex Healthcare
Price$2.08
Change+$0.19 (+10.05%)
Volume$70.82K
CapitalizationN/A
Dr Reddy's Laboratories
Price$79.80
Change+$0.60 (+0.76%)
Volume$160.5K
CapitalizationN/A
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IXHL vs RDY Comparison Chart
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IXHL
Daily Signalchanged days ago
Gain/Loss if shorted
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RDY
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
IXHL vs. RDY commentary
Oct 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is IXHL is a Sell and RDY is a Sell.

COMPARISON
Comparison
Oct 18, 2024
Stock price -- (IXHL: $2.08 vs. RDY: $79.80)
Brand notoriety: IXHL and RDY are both not notable
Both companies represent the Pharmaceuticals: Other industry
Current volume relative to the 65-day Moving Average: IXHL: 272% vs. RDY: 83%
Market capitalization -- IXHL: $56.83M vs. RDY: $12.48B
IXHL [@Pharmaceuticals: Other] is valued at $56.83M. RDY’s [@Pharmaceuticals: Other] market capitalization is $12.48B. The market cap for tickers in the [@Pharmaceuticals: Other] industry ranges from $77.48B to $0. The average market capitalization across the [@Pharmaceuticals: Other] industry is $3.36B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

IXHL’s FA Score shows that 1 FA rating(s) are green whileRDY’s FA Score has 1 green FA rating(s).

  • IXHL’s FA Score: 1 green, 4 red.
  • RDY’s FA Score: 1 green, 4 red.
According to our system of comparison, both IXHL and RDY are a bad buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

IXHL’s TA Score shows that 4 TA indicator(s) are bullish while RDY’s TA Score has 4 bullish TA indicator(s).

  • IXHL’s TA Score: 4 bullish, 5 bearish.
  • RDY’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, RDY is a better buy in the short-term than IXHL.

Price Growth

IXHL (@Pharmaceuticals: Other) experienced а +30.82% price change this week, while RDY (@Pharmaceuticals: Other) price change was +3.29% for the same time period.

The average weekly price growth across all stocks in the @Pharmaceuticals: Other industry was +8.21%. For the same industry, the average monthly price growth was +10.22%, and the average quarterly price growth was -2.43%.

Reported Earning Dates

RDY is expected to report earnings on Jan 24, 2025.

Industries' Descriptions

@Pharmaceuticals: Other (+8.21% weekly)

Pharmaceuticals (Other) comprise companies that are involved in the discovery, development or manufacturing of therapeutic and preventative medicines. They often collaborate with or acquire other pharmaceutical/healthcare firms. Examples of companies in this segment include Bausch Health Companies Inc., Icon Plc and Perrigo Company Plc.

SUMMARIES
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FUNDAMENTALS
Fundamentals
RDY($12.5B) has a higher market cap than IXHL($56.8M). RDY YTD gains are higher at: 16.040 vs. IXHL (-55.172). RDY has higher annual earnings (EBITDA): 84.9B vs. IXHL (-13.64M). RDY has more cash in the bank: 72.4B vs. IXHL (14.6M). IXHL has less debt than RDY: IXHL (470K) vs RDY (19.9B). RDY has higher revenues than IXHL: RDY (271B) vs IXHL (0).
IXHLRDYIXHL / RDY
Capitalization56.8M12.5B0%
EBITDA-13.64M84.9B-0%
Gain YTD-55.17216.040-344%
P/E RatioN/A19.68-
Revenue0271B-
Total Cash14.6M72.4B0%
Total Debt470K19.9B0%
FUNDAMENTALS RATINGS
RDY: Fundamental Ratings
RDY
OUTLOOK RATING
1..100
22
VALUATION
overvalued / fair valued / undervalued
1..100
89
Overvalued
PROFIT vs RISK RATING
1..100
19
SMR RATING
1..100
46
PRICE GROWTH RATING
1..100
52
P/E GROWTH RATING
1..100
67
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
IXHLRDY
RSI
ODDS (%)
Bearish Trend 1 day ago
90%
N/A
Stochastic
ODDS (%)
Bearish Trend 1 day ago
90%
Bearish Trend 1 day ago
47%
Momentum
ODDS (%)
Bullish Trend 1 day ago
86%
Bullish Trend 1 day ago
46%
MACD
ODDS (%)
Bullish Trend 1 day ago
88%
Bullish Trend 1 day ago
49%
TrendWeek
ODDS (%)
Bullish Trend 1 day ago
73%
Bullish Trend 1 day ago
53%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
71%
Bullish Trend 1 day ago
48%
Advances
ODDS (%)
Bullish Trend 1 day ago
75%
Bullish Trend 1 day ago
53%
Declines
ODDS (%)
Bearish Trend 11 days ago
90%
Bearish Trend 12 days ago
47%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
90%
Bullish Trend 1 day ago
75%
Aroon
ODDS (%)
N/A
Bearish Trend 1 day ago
43%
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IXHL
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
RDY
Daily Signalchanged days ago
Gain/Loss if shorted
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IXHL and

Correlation & Price change

A.I.dvisor tells us that IXHL and ESPR have been poorly correlated (+23% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that IXHL and ESPR's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IXHL
1D Price
Change %
IXHL100%
+10.05%
ESPR - IXHL
23%
Poorly correlated
-0.47%
PTPI - IXHL
23%
Poorly correlated
-8.49%
ZLSCF - IXHL
21%
Poorly correlated
-12.09%
RDY - IXHL
14%
Poorly correlated
+0.76%
PROC - IXHL
12%
Poorly correlated
-0.49%
More

RDY and

Correlation & Price change

A.I.dvisor tells us that RDY and TAK have been poorly correlated (+25% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that RDY and TAK's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RDY
1D Price
Change %
RDY100%
+0.76%
TAK - RDY
25%
Poorly correlated
+1.28%
SNDL - RDY
24%
Poorly correlated
+0.50%
ACET - RDY
23%
Poorly correlated
-0.67%
KMDA - RDY
22%
Poorly correlated
+1.04%
ACB - RDY
22%
Poorly correlated
-0.90%
More