Ideanomics Performance
| IDEXDelisted Stock | USD 0.71 0.09 11.25% |
The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Ideanomics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ideanomics is expected to be smaller as well. Ideanomics right now retains a risk of 0.0%. Please check out Ideanomics treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Ideanomics will be following its current trending patterns.
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 fairly strong technical and fundamental indicators, Ideanomics is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 2.9 M |
Ideanomics |
Ideanomics Relative Risk vs. Return Landscape
If you would invest 71.00 in Ideanomics on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Ideanomics or generate 0.0% return on investment over 90 days. Ideanomics is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Ideanomics, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 | -3.24 | ||||
| Return On Asset | -0.35 | ||||
| Operating Margin | (4.50) % | ||||
| Current Valuation | 59.19 M | ||||
| Shares Outstanding | 11.99 M | ||||
| Price To Earning | 16.47 X | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 15.46 M | ||||
| EBITDA | (83.99 M) | ||||
| Cash And Equivalents | 25.19 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 42.54 M | ||||
| Debt To Equity | 0.11 % | ||||
| Book Value Per Share | (1.84) X | ||||
| Cash Flow From Operations | (52.66 M) | ||||
| Earnings Per Share | (20.59) X | ||||
| Total Asset | 122.09 M | ||||
| Retained Earnings | (1.09 B) | ||||
| Current Asset | 6.93 M | ||||
| Current Liabilities | 6.21 M | ||||
About Ideanomics Performance
Evaluating Ideanomics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ideanomics has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Ideanomics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York. Ideanomics operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 559 people.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 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 (815 K). | |
| 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. |
- 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 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 income. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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