Ideanomics Alpha and Beta Analysis
| IDEXDelisted Stock | USD 0.71 0.09 11.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Ideanomics. It also helps investors analyze the systematic and unsystematic risks associated with investing in Ideanomics over a specified time horizon. Remember, high Ideanomics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Ideanomics' market risk premium analysis include:
Beta 1.76 | Alpha (0.44) | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Ideanomics |
Ideanomics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Ideanomics market risk premium is the additional return an investor will receive from holding Ideanomics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Ideanomics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Ideanomics' performance over market.| α | -0.44 | β | 1.76 |
Ideanomics Fundamentals Vs Peers
Comparing Ideanomics' 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 Ideanomics' direct or indirect competition across all of the common fundamentals between Ideanomics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ideanomics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ideanomics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ideanomics to competition |
| Fundamentals | Ideanomics | Peer Average |
| Return On Equity | -3.24 | -0.31 |
| Return On Asset | -0.35 | -0.14 |
| Operating Margin | (4.50) % | (5.51) % |
| Current Valuation | 59.19 M | 16.62 B |
| Shares Outstanding | 11.99 M | 571.82 M |
| Shares Owned By Insiders | 2.13 % | 10.09 % |
| Shares Owned By Institutions | 2.17 % | 39.21 % |
Ideanomics Opportunities
Ideanomics Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Will Idex Beat Estimates Again in Its Next Earnings Report | 04/22/2024 |
2 | Chamlion prezentuje zaawansowane rozwizania w zakresie druku 3D dla stomatologii cyfrowej podczas targw IDEX 2024 | 05/08/2024 |
3 | Chamlion pedstavuje na veletrhu IDEX 2024 pokroil een pro stomatologick 3D tisk | 05/09/2024 |
4 | Acquisition by Zale David of 50000 shares of Ideanomics at 0.45 subject to Rule 16b-3 | 05/20/2024 |
5 | Idex Down 3 percent Since Last Earnings Report Can It Rebound | 05/23/2024 |
6 | FourKites Signs on as Collaborator to Consortium of Supply Chain Leaders Working to Streamline Scheduling Technology Across the Logistics Industry | 05/28/2024 |
7 | Ideanomics, Inc. Reports Q4 and Full Year 2023 Financial Results | 06/18/2024 |
8 | Swedish Space Corporation and Firefly Aerospace to Launch Satellites from Esrange in Sweden | 06/27/2024 |
9 | Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Delinquency | 07/02/2024 |
About Ideanomics Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Ideanomics or other delisted stocks. Alpha measures the amount that position in Ideanomics has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Ideanomics Upcoming Company Events
As portrayed in its financial statements, the presentation of Ideanomics' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ideanomics' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Ideanomics' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Ideanomics. Please utilize our Beneish M Score to check the likelihood of Ideanomics' management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Ideanomics
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Ideanomics Stock
If you are still planning to invest in Ideanomics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ideanomics' history and understand the potential risks before investing.
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