Ix Acquisition Corp Stock Buy Hold or Sell Recommendation
| IXAQ Stock | USD 11.50 0.05 0.43% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding IX Acquisition Corp is 'Strong Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell IX Acquisition Corp given historical horizon and risk tolerance towards IX Acquisition. When Macroaxis issues a 'buy' or 'sell' recommendation for IX Acquisition Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out IX Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as IXAQ and provide practical buy, sell, or hold advice based on investors' constraints. IX Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
IXAQ |
Execute IX Acquisition Buy or Sell Advice
The IXAQ recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IX Acquisition Corp. Macroaxis does not own or have any residual interests in IX Acquisition Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IX Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
IX Acquisition Trading Alerts and Improvement Suggestions
| IX Acquisition Corp currently holds 1.89 M in liabilities. IX Acquisition Corp has a current ratio of 0.81, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about IX Acquisition's use of debt, we should always consider it together with its cash and equity. | |
| IX Acquisition Corp currently holds about 296.46 K in cash with (605.73 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| IX Acquisition Corp has a frail financial position based on the latest SEC disclosures | |
| Roughly 58.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Sculptor Capital LPs Strategic Acquisition of Churchill Capital Corp IX Shares - GuruFocus.com |
IX Acquisition Returns Distribution Density
The distribution of IX Acquisition's historical returns is an attempt to chart the uncertainty of IX Acquisition's future price movements. The chart of the probability distribution of IX Acquisition daily returns describes the distribution of returns around its average expected value. We use IX Acquisition Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IX Acquisition returns is essential to provide solid investment advice for IX Acquisition.
| Mean Return | 0.01 | Value At Risk | -0.52 | Potential Upside | 0.35 | Standard Deviation | 0.72 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IX Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
IXAQ Stock Institutional Investors
The IX Acquisition's institutional investors refer to entities that pool money to purchase IX Acquisition's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Cowen And Company, Llc | 2024-06-30 | 10.9 K | Skyview Investment Advisors, Llc | 2024-06-30 | 10.6 K | Glazer Capital, Llc | 2024-06-30 | 10 K | Crystalline Management Inc | 2024-09-30 | 0.0 | Tower Research Capital Llc | 2024-06-30 | 0.0 | Quarry Lp | 2024-06-30 | 0.0 | Mizuho Securities Usa Inc | 2024-06-30 | 0.0 | Rivernorth Capital Management, Llc | 2024-06-30 | 375 K | Meteora Capital, Llc | 2024-06-30 | 370.5 K | First Trust Capital Management L.p. | 2024-06-30 | 334.4 K | Polar Asset Management Partners | 2024-06-30 | 300 K |
IX Acquisition Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IX Acquisition or Capital Markets sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IX Acquisition's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IXAQ stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 0.73 | |
Ir | Information ratio | -0.17 |
IX Acquisition Volatility Alert
IX Acquisition Corp has low volatility with Treynor Ratio of 0.03, Maximum Drawdown of 7.14 and kurtosis of 23.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IX Acquisition's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IX Acquisition's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.IX Acquisition Fundamentals Vs Peers
Comparing IX Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IX Acquisition's direct or indirect competition across all of the common fundamentals between IX Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as IX Acquisition or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of IX Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing IX Acquisition by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare IX Acquisition to competition |
| Fundamentals | IX Acquisition | Peer Average |
| Return On Asset | -0.0328 | -0.14 |
| Current Valuation | 88.55 M | 16.62 B |
| Shares Outstanding | 6.85 M | 571.82 M |
| Shares Owned By Insiders | 58.44 % | 10.09 % |
| Shares Owned By Institutions | 39.27 % | 39.21 % |
| Number Of Shares Shorted | 1.11 K | 4.71 M |
| Price To Earning | 11.68 X | 28.72 X |
| Price To Book | 4.34 X | 9.51 X |
| EBITDA | 5.06 M | 3.9 B |
| Net Income | 4.02 M | 570.98 M |
| Cash And Equivalents | 296.46 K | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 1.89 M | 5.32 B |
| Current Ratio | 0.83 X | 2.16 X |
| Book Value Per Share | (1.46) X | 1.93 K |
| Cash Flow From Operations | (605.73 K) | 971.22 M |
| Short Ratio | 0.04 X | 4.00 X |
| Earnings Per Share | (1.02) X | 3.12 X |
| Beta | -0.025 | -0.15 |
| Market Capitalization | 99.46 M | 19.03 B |
| Total Asset | 31.49 M | 29.47 B |
| Retained Earnings | (11.28 M) | 9.33 B |
| Working Capital | (3.09 M) | 1.48 B |
| Net Asset | 31.49 M |
Note: Conversion by Ix Acquisition Sponsor Llc of 4002121 shares of IX Acquisition [view details]
IX Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IXAQ . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 11.5 | |||
| Day Typical Price | 11.5 | |||
| Price Action Indicator | (0.03) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 58.9 |
About IX Acquisition Buy or Sell Advice
When is the right time to buy or sell IX Acquisition Corp? Buying financial instruments such as IXAQ Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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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.