Ibex Stock Market Value
| IBEX Stock | USD 20.60 0.53 2.51% |
| Symbol | IBEX |
IBEX Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IBEX. If investors know IBEX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IBEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.103 | Earnings Share 1.88 | Revenue Per Share 29.603 | Quarterly Revenue Growth 0.041 | Return On Assets 0.0898 |
The market value of IBEX is measured differently than its book value, which is the value of IBEX that is recorded on the company's balance sheet. Investors also form their own opinion of IBEX's value that differs from its market value or its book value, called intrinsic value, which is IBEX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IBEX's market value can be influenced by many factors that don't directly affect IBEX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IBEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
IBEX 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to IBEX's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of IBEX.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in IBEX on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding IBEX or generate 0.0% return on investment in IBEX over 390 days. IBEX is related to or competes with Concentrix, Accenture Plc, International Business, Cognizant Technology, ASGN, ExlService Holdings, and CACI International. IBEX Limited provides end-to-end technology-enabled customer lifecycle experience solutions in the United States and int... More
IBEX Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure IBEX's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess IBEX upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0965 | |||
| Maximum Drawdown | 21.02 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 3.24 |
IBEX Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IBEX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IBEX's standard deviation. In reality, there are many statistical measures that can use IBEX historical prices to predict the future IBEX's volatility.| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.2169 | |||
| Total Risk Alpha | 0.0067 | |||
| Sortino Ratio | 0.1625 | |||
| Treynor Ratio | 0.2465 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IBEX's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IBEX Backtested Returns
IBEX appears to be not too volatile, given 3 months investment horizon. IBEX holds Efficiency (Sharpe) Ratio of 0.11, which attests that the company had a 0.11% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for IBEX, which you can use to evaluate the volatility of the entity. Please utilize IBEX's semi deviation of 1.31, and Downside Deviation of 1.63 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, IBEX holds a performance score of 8. The firm retains a Market Volatility (i.e., Beta) of 1.48, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, IBEX will likely underperform. Please check IBEX's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether IBEX's current trending patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
IBEX has almost perfect reverse predictability. Overlapping area represents the amount of predictability between IBEX time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of IBEX price movement. The serial correlation of -0.76 indicates that around 76.0% of current IBEX price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 2.69 |
IBEX lagged returns against current returns
Autocorrelation, which is IBEX stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting IBEX's stock expected returns. We can calculate the autocorrelation of IBEX returns to help us make a trade decision. For example, suppose you find that IBEX has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
IBEX regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If IBEX stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IBEX stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IBEX stock over time.
Current vs Lagged Prices |
| Timeline |
IBEX Lagged Returns
When evaluating IBEX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IBEX stock have on its future price. IBEX autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, IBEX autocorrelation shows the relationship between IBEX stock current value and its past values and can show if there is a momentum factor associated with investing in IBEX.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for IBEX Stock Analysis
When running IBEX's price analysis, check to measure IBEX's 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 IBEX is operating at the current time. Most of IBEX's value examination focuses on studying past and present price action to predict the probability of IBEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBEX's price. Additionally, you may evaluate how the addition of IBEX to your portfolios can decrease your overall portfolio volatility.