IXAQ Retained Earnings from 2010 to 2024

IXAQ Stock  USD 11.50  0.05  0.43%   
IX Acquisition Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to drop to about -11.8 M. Retained Earnings is the cumulative amount of net income that IX Acquisition Corp retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
-11.3 M
Current Value
-11.8 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IX Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IX Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 11.4 M or Other Operating Expenses of 1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.2. IXAQ financial statements analysis is a perfect complement when working with IX Acquisition Valuation or Volatility modules.
  
Check out the analysis of IX Acquisition Correlation against competitors.

Pair Trading with IX Acquisition

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IX Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IX Acquisition will appreciate offsetting losses from the drop in the long position's value.

Moving together with IXAQ Stock

  0.72AB AllianceBernsteinPairCorr
  0.67AC Associated CapitalPairCorr

Moving against IXAQ Stock

  0.51PT Pintec TechnologyPairCorr
The ability to find closely correlated positions to IX Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IX Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IX Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IX Acquisition Corp to buy it.
The correlation of IX Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IX Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IX Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IX Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IXAQ Stock Analysis

When running IX Acquisition's price analysis, check to measure IX Acquisition's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IX Acquisition is operating at the current time. Most of IX Acquisition's value examination focuses on studying past and present price action to predict the probability of IX Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IX Acquisition's price. Additionally, you may evaluate how the addition of IX Acquisition to your portfolios can decrease your overall portfolio volatility.