IX Acquisition Corp Price on July 29, 2024
IXAQUDelisted Stock | USD 11.41 0.00 0.00% |
If you're considering investing in IXAQU Stock, it is important to understand the factors that can impact its price. As of today, the current price of IX Acquisition stands at 11.41, as last reported on the 1st of December, with the highest price reaching 11.41 and the lowest price hitting 11.41 during the day. IX Acquisition Corp retains Efficiency (Sharpe Ratio) of -0.0406, which attests that the entity had a -0.0406% return per unit of price deviation over the last 3 months. IX Acquisition exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IX Acquisition's Market Risk Adjusted Performance of (0.33), standard deviation of 1.58, and Semi Deviation of 0.7683 to validate the risk estimate we provide.
IXAQU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IXAQU |
Sharpe Ratio = -0.0406
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | IXAQU |
Estimated Market Risk
0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 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.
IX Acquisition Valuation on July 29, 2024
It is possible to determine the worth of IX Acquisition on a given historical date. On July 29, 2024 IXAQU was worth 11.1 at the beginning of the trading date compared to the closed value of 11.1. 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 | |
11.62 | 11.62 | 11.62 | 11.62 | 80.00 | |
07/29/2024 | 11.10 | 11.10 | 11.10 | 11.10 | 110.00 |
11.60 | 11.60 | 11.60 | 11.60 | 108.00 |
Backtest IX Acquisition | | | IX Acquisition History | | | IX Acquisition Valuation | Previous | Next |
IX Acquisition Trading Date Momentum on July 29, 2024
On July 30 2024 IX Acquisition Corp was traded for 11.60 at the closing time. The highest daily price throughout the period was 11.60 and the lowest price was 11.60 . The daily volume was 108. The net trading volume on 07/30/2024 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 4.50% . The trading delta at closing time to current closing price is 7.66% . |
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. IXAQU 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 IXAQU 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
It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in London, United Kingdom. Ix Acquisition is traded on NASDAQ Exchange in the United States.
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
IX Acquisition Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
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 December 1, 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 IXAQU Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IXAQU 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.
Risk Adjusted Performance | 0.0609 | |||
Jensen Alpha | 0.1446 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.34) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 producer price index. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in IXAQU Stock
If you are still planning to invest in IX Acquisition Corp 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 IX Acquisition's history and understand the potential risks before investing.
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |