Why Are Ebix Shares Shooting Upwards Today?
| EBIXDelisted Stock | USD 27.20 1.04 3.98% |
Slightly above 55% of Ebix's investors are presently thinking to get in. The analysis of current outlook of investing in Ebix Inc suggests that some traders are interested regarding Ebix's prospects. Ebix's investing sentiment can be driven by a variety of factors including economic data, Ebix's earnings reports, geopolitical events, and overall market trends.
Ebix |
Ebix, Inc shares gained after its subsidiary EbixCash Limited won the Indian regulators final clearance for its Initial Public Offering . EbixCash bagged the final observation clearance from the Securities and Exchange Board of India . EbixCash will now be working with its advisors on the next steps leading to the listing of EbixCash on NSE and BSE. EbixCash has emerged as Indias largest end-to-end financial exchange, which includes a last-mile network of over 650,000
Read at finance.yahoo.com
 |
Ebix Fundamental Analysis
We analyze Ebix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Ebix is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Ebix Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ebix stock to make a market-neutral strategy. Peer analysis of Ebix could also be used in its relative valuation, which is a method of valuing Ebix by comparing valuation metrics with similar companies.
Peers
Ebix Related Equities
| BLKB | Blackbaud | 2.69 | ||||
| ENFN | Enfusion | 2.13 | ||||
| ONTF | ON24 | 1.91 | ||||
| PYCR | Paycor HCM | 1.86 | ||||
| ADEA | ADEIA P | 1.32 | ||||
| AZPN | Aspen Technology | 0.64 | ||||
| AGYS | Agilysys | 0.54 | ||||
| ETWO | E2open Parent | 0.32 | ||||
| CVLT | CommVault Systems | 0.11 | ||||
| MANH | Manhattan Associates | 0.68 | ||||
| ALKT | Alkami Technology | 0.73 | ||||
| LAW | CS Disco | 2.30 |
Check out Investing Opportunities 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 gross domestic product. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Other Consideration for investing in Ebix Stock
If you are still planning to invest in Ebix Inc 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 Ebix's history and understand the potential risks before investing.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| 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 | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |