IX Acquisition Corp Performance
| IXAQUDelisted Stock | USD 11.41 0.00 0.00% |
The company owns a Beta (Systematic Risk) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, IX Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding IX Acquisition is expected to be smaller as well. At this point, IX Acquisition Corp has a negative expected return of -0.0097%. Please make sure to check out IX Acquisition's jensen alpha, as well as the relationship between the potential upside and rate of daily change , to decide if IX Acquisition Corp performance from the past will be repeated sooner or later.
Risk-Adjusted Performance
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Over the last 90 days IX Acquisition Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, IX Acquisition is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 70.2 K |
IXAQU |
IX Acquisition Relative Risk vs. Return Landscape
If you would invest 1,145 in IX Acquisition Corp on August 30, 2024 and sell it today you would lose (4.00) from holding IX Acquisition Corp or give up 0.35% of portfolio value over 90 days. IX Acquisition Corp is currently producing negative expected returns and takes up 0.2426% volatility of returns over 90 trading days. Put another way, 2% of traded stocks are less volatile than IXAQU, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
IX Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for IX Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as IX Acquisition Corp, and traders can use it to determine the average amount a IX Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.04
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| Negative Returns | IXAQU |
Estimated Market Risk
| 0.24 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 Fundamentals Growth
IXAQU Stock prices reflect investors' perceptions of the future prospects and financial health of IX Acquisition, and IX Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on IXAQU Stock performance.
| Return On Asset | -0.0328 | ||||
| Current Valuation | 101.18 M | ||||
| Price To Earning | 11.72 X | ||||
| EBITDA | 5.06 M | ||||
| Cash And Equivalents | 296.46 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 1.89 M | ||||
| Book Value Per Share | (1.46) X | ||||
| Cash Flow From Operations | (605.73 K) | ||||
| Earnings Per Share | 0.85 X | ||||
| Total Asset | 31.49 M | ||||
| Retained Earnings | (11.28 M) | ||||
About IX Acquisition Performance
Assessing IX Acquisition's fundamental ratios provides investors with valuable insights into IX Acquisition's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the IX Acquisition is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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.Things to note about IX Acquisition Corp performance evaluation
Checking the ongoing alerts about IX Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for IX Acquisition Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| IX Acquisition Corp is not yet fully synchronised with the market data | |
| IX Acquisition Corp generated a negative expected return over the last 90 days | |
| IX Acquisition Corp has a very high chance of going through financial distress in the upcoming years | |
| IX Acquisition Corp has accumulated 1.89 M in total debt. 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 in time and when they become 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 has accumulated 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. |
- Analyzing IX Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether IX Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining IX Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating IX Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of IX Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of IX Acquisition's stock. These opinions can provide insight into IX Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.
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