Ix Acquisition Corp Stock Price on October 25, 2023

IXAQ Stock  USD 11.50  0.05  0.43%   
If you're considering investing in IXAQ Stock, it is important to understand the factors that can impact its price. As of today, the current price of IX Acquisition stands at 11.50, as last reported on the 24th of November, with the highest price reaching 11.50 and the lowest price hitting 11.50 during the day. Currently, IX Acquisition Corp is very steady. IX Acquisition Corp retains Efficiency (Sharpe Ratio) of 0.0109, which attests that the entity had a 0.0109% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for IX Acquisition, which you can use to evaluate the volatility of the firm. Please check out IX Acquisition's Semi Deviation of 0.4539, standard deviation of 0.7207, and Market Risk Adjusted Performance of 0.0397 to validate if the risk estimate we provide is consistent with the expected return of 0.0079%.
  
At this time, IX Acquisition's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/24/2024, Other Stockholder Equity is likely to grow to about 2.1 M, while Total Stockholder Equity is likely to drop slightly above 20.8 M. . At this time, IX Acquisition's Price Book Value Ratio is relatively stable compared to the past year. As of 11/24/2024, Price To Book Ratio is likely to grow to 8.20, while Price To Operating Cash Flows Ratio is likely to drop (296.96). IXAQ Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0109

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Negative ReturnsIXAQ

Estimated Market Risk

 0.73
  actual daily
6
94% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
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0
Most of other assets perform better
Based on monthly moving average IX Acquisition is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of IX Acquisition by adding IX Acquisition to a well-diversified portfolio.
Price Book
4.3361
Book Value
(1.46)
Enterprise Value
88.5 M
Enterprise Value Ebitda
(94.94)
Shares Float
2.8 M

IX Acquisition Valuation on October 25, 2023

It is possible to determine the worth of IX Acquisition on a given historical date. On October 25, 2023 IXAQ was worth 10.96 at the beginning of the trading date compared to the closed value of 10.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IX Acquisition stock. Still, in general, we apply an absolute valuation method to find IX Acquisition's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of IX Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IX Acquisition's related companies.
 Open High Low Close Volume
  10.96    10.96    10.96    10.96    100.00  
10/25/2023
  10.96    10.96    10.96    10.96    2,100  
  10.96    10.96    10.96    10.96    14,200  
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Open Value
10.96
10.96
Closing Value
13.15
Upside

IX Acquisition Trading Date Momentum on October 25, 2023

On October 26 2023 IX Acquisition Corp was traded for  10.96  at the closing time. The top price for the day was 10.96  and the lowest listed price was  10.96 . The trading volume for the day was 14.2 K. The trading history from October 26, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.55% .

IX Acquisition Corp Fundamentals Correlations and Trends

By evaluating IX Acquisition's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among IX Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IXAQ financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About IX Acquisition Stock history

IX Acquisition investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for IXAQ is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IX Acquisition Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing IX Acquisition stock prices may prove useful in developing a viable investing in IX Acquisition
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.5 M19.5 M
Net Income Applicable To Common Shares8.4 M8.2 M

IX Acquisition Stock Technical Analysis

IX Acquisition technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of IX Acquisition technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of IX Acquisition trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

IX Acquisition Period Price Range

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November 24, 2024
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IX Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

IX Acquisition November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how IX Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IX Acquisition shares will generate the highest return on investment. By undertsting and applying IX Acquisition stock market strength indicators, traders can identify IX Acquisition Corp entry and exit signals to maximize returns

IX Acquisition Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for IX Acquisition's price direction in advance. Along with the technical and fundamental analysis of IXAQ Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IXAQ to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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.