Ideanomics Performance
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Ideanomics are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Ideanomics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Ideanomics is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Target High Price | 1.38 | |
| Target Low Price | 1.38 |
Ideanomics |
Ideanomics Relative Risk vs. Return Landscape
If you would invest (100.00) in Ideanomics on September 5, 2024 and sell it today you would earn a total of 100.00 from holding Ideanomics or generate -100.0% return on investment over 90 days. Ideanomics is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Ideanomics, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Ideanomics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ideanomics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ideanomics, and traders can use it to determine the average amount a Ideanomics' 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 = 0.0
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Based on monthly moving average Ideanomics 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 Ideanomics by adding Ideanomics to a well-diversified portfolio.
Ideanomics Fundamentals Growth
Ideanomics Stock prices reflect investors' perceptions of the future prospects and financial health of Ideanomics, and Ideanomics 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 Ideanomics Stock performance.
| Return On Equity | -65.58 | |||
| Return On Asset | -11.25 | |||
| Profit Margin | (5.22) % | |||
| Operating Margin | (5.30) % | |||
| Current Valuation | 227.57 M | |||
| Shares Outstanding | 73.14 M | |||
| Price To Earning | (4.20) X | |||
| Price To Book | 5.98 X | |||
| Price To Sales | 0.56 X | |||
| Revenue | 386.76 M | |||
| EBITDA | (20.43 M) | |||
| Cash And Equivalents | 1.78 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 3 M | |||
| Debt To Equity | 8.30 % | |||
| Book Value Per Share | 0.50 X | |||
| Cash Flow From Operations | (19.67 M) | |||
| Earnings Per Share | (0.30) X | |||
Things to note about Ideanomics performance evaluation
Checking the ongoing alerts about Ideanomics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ideanomics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ideanomics is not yet fully synchronised with the market data | |
| Ideanomics has some characteristics of a very speculative penny stock | |
| Ideanomics has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 386.76 M. Reported Net Loss for the year was (20.21 M) with profit before taxes, overhead, and interest of 7.15 M. | |
| Ideanomics has about 1.78 M in cash with (19.67 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 48.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Ideanomics' 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 Ideanomics' stock is overvalued or undervalued compared to its peers.
- Examining Ideanomics' 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 Ideanomics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ideanomics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ideanomics' stock. These opinions can provide insight into Ideanomics' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map 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 state. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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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