Is Ideanomics Stock a Good Investment?
Ideanomics Investment Advice | IDEX |
- Examine Ideanomics' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ideanomics' leadership team and their track record. Good management can help Ideanomics navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Ideanomics' business and its evolving consumer preferences.
- Compare Ideanomics' performance and market position to its competitors. Analyze how Ideanomics is positioned in terms of product offerings, innovation, and market share.
- Check if Ideanomics pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ideanomics' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ideanomics stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ideanomics is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Solid | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ideanomics Stock
Researching Ideanomics' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book (P/B) ratio of 0.66. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ideanomics recorded a loss per share of 20.59. The entity had not issued any dividends in recent years. The firm had 1:125 split on the 25th of August 2023.
To determine if Ideanomics is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ideanomics' research are outlined below:
| Ideanomics is way too risky over 90 days horizon | |
| Ideanomics has some characteristics of a very speculative penny stock | |
| Ideanomics appears to be risky and price may revert if volatility continues | |
| Ideanomics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 15.46 M. Net Loss for the year was (194.55 M) with loss before overhead, payroll, taxes, and interest of (2.71 M). | |
| Ideanomics currently holds about 25.19 M in cash with (52.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Ideanomics uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ideanomics. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ideanomics' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Ideanomics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ideanomics' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-05-13 | 2020-03-31 | -0.08 | -0.07 | 0.01 | 12 | ||
2022-09-09 | 2022-06-30 | -0.06 | -0.08 | -0.02 | 33 | ||
2021-08-16 | 2021-06-30 | -0.01 | -0.03 | -0.02 | 200 | ||
2022-11-09 | 2022-09-30 | -0.05 | -0.08 | -0.03 | 60 | ||
2020-08-11 | 2020-06-30 | -0.15 | -0.12 | 0.03 | 20 | ||
2021-05-17 | 2021-03-31 | -0.03 | 0.01 | 0.04 | 133 | ||
2013-05-15 | 2013-03-31 | -0.19 | -0.23 | -0.04 | 21 | ||
2017-11-13 | 2017-09-30 | 0.01 | -0.05 | -0.06 | 600 |
Know Ideanomics' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ideanomics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ideanomics backward and forwards among themselves. Ideanomics' institutional investor refers to the entity that pools money to purchase Ideanomics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-09-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 0.0 | Lindbrook Capital, Llc | 2024-09-30 | 0.0 | Zrc Wealth Management, Llc | 2024-09-30 | 0.0 | Old Point Trust & Financial Services N A | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-09-30 | 0.0 | Northwestern Mutual Wealth Management Co | 2024-06-30 | 0.0 | Fintrust Capital Advisors, Llc | 2024-09-30 | 0.0 | Simplex Trading, Llc | 2024-09-30 | 13.7 K | Xtx Topco Ltd | 2024-09-30 | 10.9 K |
Ideanomics' market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 42.14 K.Market Cap |
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Ideanomics' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (4.49) | (4.27) | |
| Return On Capital Employed | 122.25 | 128.36 | |
| Return On Assets | (2.20) | (2.09) | |
| Return On Equity | 14.22 | 14.93 |
Determining Ideanomics' profitability involves analyzing its financial statements and using various financial metrics to determine if Ideanomics is a good buy. For example, gross profit margin measures Ideanomics' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ideanomics' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Ideanomics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ideanomics. Check Ideanomics' Beneish M Score to see the likelihood of Ideanomics' management manipulating its earnings.
Evaluate Ideanomics' management efficiency
Ideanomics has return on total asset (ROA) of (0.3497) % which means that it has lost $0.3497 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.2433) %, meaning that it created substantial loss on money invested by shareholders. Ideanomics' management efficiency ratios could be used to measure how well Ideanomics manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Ideanomics' Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 14.93 in 2025, despite the fact that Return On Tangible Assets are likely to grow to (4.27). At this time, Ideanomics' Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 6.9 M in 2025, whereas Total Assets are likely to drop slightly above 95.5 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.83) | (1.74) | |
| Tangible Book Value Per Share | (7.21) | (6.85) | |
| Enterprise Value Over EBITDA | (0.29) | (0.31) | |
| Price Book Value Ratio | (1.61) | (1.53) | |
| Enterprise Value Multiple | (0.29) | (0.31) | |
| Price Fair Value | (1.61) | (1.53) | |
| Enterprise Value | 70.3 M | 66.8 M |
Ideanomics benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 0.232 |
Basic technical analysis of Ideanomics Stock
As of the 31st of January, Ideanomics retains the Downside Deviation of 58.28, risk adjusted performance of 0.1269, and Market Risk Adjusted Performance of (3.79). Ideanomics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Ideanomics' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ideanomics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ideanomics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ideanomics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Zale David over six months ago Acquisition by Zale David of 50000 shares of Ideanomics at 0.45 subject to Rule 16b-3 | ||
Alfred Poor over six months ago Acquisition by Alfred Poor of 60000 shares of Ideanomics at 1.19 subject to Rule 16b-3 | ||
Shane McMahon over six months ago Acquisition by Shane McMahon of 250000 shares of Ideanomics subject to Rule 16b-3 | ||
Wang Polly over six months ago Insider Trading | ||
Hayward Andrea Maria over six months ago Purchase by Hayward Andrea Maria of 2000 shares of Ideanomics | ||
Shane McMahon over a year ago Exercise or conversion by Shane McMahon of 250000 shares of Ideanomics subject to Rule 16b-3 | ||
C Media Ltd over a year ago Ideanomics exotic insider transaction detected |
Ideanomics' Outstanding Corporate Bonds
Ideanomics issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ideanomics uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ideanomics bonds can be classified according to their maturity, which is the date when Ideanomics has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| IEX 2625 15 JUN 31 Corp BondUS45167RAH75 | View | |
| US45167RAG92 Corp BondUS45167RAG92 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Ideanomics' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ideanomics' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1269 | |||
| Market Risk Adjusted Performance | (3.79) | |||
| Mean Deviation | 535.53 | |||
| Semi Deviation | 58.97 | |||
| Downside Deviation | 58.28 | |||
| Coefficient Of Variation | 714.36 | |||
| Standard Deviation | 2038.49 | |||
| Variance | 4155456.87 | |||
| Information Ratio | 0.1399 | |||
| Jensen Alpha | 292.1 | |||
| Total Risk Alpha | 65.91 | |||
| Sortino Ratio | 4.89 | |||
| Treynor Ratio | (3.80) | |||
| Maximum Drawdown | 16625.33 | |||
| Value At Risk | (92.00) | |||
| Potential Upside | 455.56 | |||
| Downside Variance | 3396.39 | |||
| Semi Variance | 3477.36 | |||
| Expected Short fall | (720.69) | |||
| Skewness | 8.03 | |||
| Kurtosis | 64.96 |
| Risk Adjusted Performance | 0.1269 | |||
| Market Risk Adjusted Performance | (3.79) | |||
| Mean Deviation | 535.53 | |||
| Semi Deviation | 58.97 | |||
| Downside Deviation | 58.28 | |||
| Coefficient Of Variation | 714.36 | |||
| Standard Deviation | 2038.49 | |||
| Variance | 4155456.87 | |||
| Information Ratio | 0.1399 | |||
| Jensen Alpha | 292.1 | |||
| Total Risk Alpha | 65.91 | |||
| Sortino Ratio | 4.89 | |||
| Treynor Ratio | (3.80) | |||
| Maximum Drawdown | 16625.33 | |||
| Value At Risk | (92.00) | |||
| Potential Upside | 455.56 | |||
| Downside Variance | 3396.39 | |||
| Semi Variance | 3477.36 | |||
| Expected Short fall | (720.69) | |||
| Skewness | 8.03 | |||
| Kurtosis | 64.96 |
Consider Ideanomics' intraday indicators
Ideanomics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ideanomics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0909 | |||
| Daily Balance Of Power | (139.00) | |||
| Rate Of Daily Change | 0.0733 | |||
| Day Median Price | 0.0011 | |||
| Day Typical Price | 0.0011 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Ideanomics Stock media impact
Far too much social signal, news, headlines, and media speculation about Ideanomics that are available to investors today. That information is available publicly through Ideanomics media outlets and privately through word of mouth or via Ideanomics internal channels. However, regardless of the origin, that massive amount of Ideanomics data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ideanomics news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ideanomics relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ideanomics' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ideanomics alpha.
Ideanomics Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ideanomics can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ideanomics Corporate Management
| Hao Li | Head Group | Profile | |
| Liqing Hu | Chief Works | Profile | |
| George Yuan | Chief BBDCG | Profile | |
| Ryan Jenkins | Chief Officer | Profile | |
| Anthony Sklar | Senior Relations | Profile | |
| Paula WhittenDoolin | G Counsel | Profile |
Additional Tools for Ideanomics Stock Analysis
When running Ideanomics' price analysis, check to measure Ideanomics' 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 Ideanomics is operating at the current time. Most of Ideanomics' value examination focuses on studying past and present price action to predict the probability of Ideanomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideanomics' price. Additionally, you may evaluate how the addition of Ideanomics to your portfolios can decrease your overall portfolio volatility.