IXAQU Competitors

Delisted . USA . 
Stock . IX Acquisition Corp
IXAQUDelisted Stock  USD 11.41  0.00  0.00%   
IX Acquisition Corp competes with Yuexiu Transport, Afya, Aspen Insurance, Ryanair Holdings, and TFI International; as well as few others. The company classifies itself under Capital Markets sector and is part of Financials industry. Analyzing IX Acquisition competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of IX Acquisition to its intrinsic valuation because they are able to contrast its competitors on a relative basis. 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 producer price index.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of IX Acquisition competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
11.1611.4111.66
Details
Intrinsic
Valuation
LowRealHigh
9.509.7512.55
Details

IX Acquisition Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IX Acquisition and its competitors represents the degree of relationship between the price movements of corresponding delisted stocks. A correlation of about +1.0 implies that the price of IXAQU and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of IX Acquisition Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
SAIA
+ 0.87
GZITF
SPNT
+ 0.77
TFII
SPNT
+ 0.43
GZITF
TFII
+ 0.4
GZITF
AFYA
+ 0.36
GZITF
SAIA
+ 0.33
RYAAY
  
High negative correlations   
SAIA
- 0.63
EDTK
EDTK
- 0.48
GZITF
EDTK
- 0.35
RYAAY
EDTK
- 0.34
AHL-PD
EDTK
- 0.21
AFYA
SPNT
- 0.18
RYAAY

Risk-Adjusted Indicators

There is a big difference between IXAQU Stock performing well and IX Acquisition Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze IX Acquisition's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

IX Acquisition Competitive Analysis

The better you understand IX Acquisition competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IX Acquisition's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across IX Acquisition's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
IXAQU GZITF AFYA AHL-PD RYAAY TFII EDTK SAIA SPNT
 0.00 
 11.41 
IXAQU
 0.00 
 0.58 
Yuexiu
 2.99 
 16.23 
Afya
 2.60 
 22.08 
Aspen
 0.41 
 44.04 
Ryanair
 2.92 
 151.68 
TFI
 3.85 
 1.00 
Skillful
 0.83 
 569.08 
Saia
 0.19 
 15.42 
Siriuspoint
Market Volatility
(90 Days Market Risk)
Very steady
Abnormally volatile
Very steady
Very steady
Very steady
Very steady
Extremely Dangerous
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
OK
Weak
Insignificant
Weak
Weak
Very Weak
Solid
Insignificant
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Low
Low
Average
Low
Low
Quite High
Very Small
Very Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Fairly Valued
Under Valued
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Buy
Not Available
Strong Buy
Strong Buy
Not Available
Buy
Strong Sell
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Hold
Strong Buy
Strong Buy
Strong Buy
Strong Buy
Cautious Hold
Strong Buy
Strong Buy
Current Ratio
0.83
0.72
1.33
2.02
1.08
1.27
3.43
1.58
3.31
Net Asset
31.49 M
35.66 B
7.58 B
13.84 B
17.18 B
6.28 B
36.32 M
2.58 B
12.87 B
Profit Margin
N/A
0.35
0.18
-0.0035
0.11
0.0567
-2.36
0.12
0.12
EBITDA
5.06 M
2.94 B
1.11 B
55.95 M
3.06 B
1.19 B
(3.7 M)
647.61 M
393.9 M
Current Valuation
101.18 M
2.81 B
1.91 B
645.76 M
20.12 B
15.57 B
11.35 M
15.3 B
2.72 B
Operating Margin
N/A
0.43
0.28
-4.0E-4
0.33
0.0916
-2.4
0.15
0.21
Price To Book
N/A
0.61
2.14
N/A
2.93
4.53
0.74
6.73
1.0
Retained Earnings
(11.28 M)
N/A
1.38 B
N/A
5.9 B
1.65 B
3.39 M
1.66 B
601 M
Current Asset
N/A
N/A
1.2 B
N/A
4.82 B
N/A
N/A
158.99 M
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
1.76
N/A
N/A
N/A
Beta
-0.025
0.81
0.92
-0.2
1.39
1.38
-0.28
1.73
0.95
Number Of Employees
4
2.01 K
N/A
910
27 K
25.12 K
71
14 K
999
Shares Outstanding
N/A
1.67 B
46.65 M
59.7 M
542.8 M
84.63 M
15.93 M
26.6 M
161.87 M
Cash Flow From Operations
(605.73 K)
2.57 B
1.04 B
524.7 M
3.16 B
1.01 B
(2.66 M)
577.95 M
581.3 M
Annual Yield
N/A
0.12
N/A
0.0655
0.0176
0.0122
N/A
N/A
N/A
Total Debt
1.89 M
13.22 B
2.68 B
299.9 M
2.75 B
2.34 B
13.25 M
138.71 M
786.2 M
Return On Equity
N/A
0.11
0.15
-0.0034
0.19
0.17
-0.19
0.18
0.13
Z Score
N/A
N/A
N/A
2.4
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.0328
0.0283
0.0711
-1.0E-4
0.0634
0.0699
-0.0315
0.11
0.0206
Number Of Shares Shorted
457
N/A
986 K
17.99 K
6.74 M
640.03 K
10.39 K
2.18 M
1.9 M
Book Value Per Share
-1.46
6.71
40.04
33.47
7.09
32.52
1.39
84.13
15.41
Current Liabilities
N/A
N/A
284.9 M
N/A
3.37 B
N/A
N/A
141.38 M
N/A
Total Asset
31.49 M
35.66 B
7.58 B
13.84 B
17.18 B
6.28 B
36.32 M
2.58 B
12.87 B
Debt To Equity
N/A
1.15
0.71
21.1
0.81
0.73
0.3
0.1
0.37
Last Dividend Paid
N/A
0.42
N/A
N/A
0.58
1.6
N/A
N/A
N/A
Short Ratio
N/A
N/A
7.65
0.96
4.84
2.07
0.56
5.23
4.06
Target Price
N/A
N/A
120.37
N/A
53.0
162.75
N/A
510.16
N/A
Shares Owned By Institutions
0.01
16.62
23.0
29.76
45.98
74.6
4.89
99.82
88.18
Market Capitalization
N/A
982.59 M
1.51 B
1.28 B
23.81 B
12.47 B
15.93 M
15.01 B
2.5 B
Price To Earning
11.72
7.22
33.33
N/A
16.27
13.34
N/A
42.32
3.25
Price To Earnings To Growth
N/A
N/A
12.26
N/A
3.61
0.68
N/A
2.79
-0.25
Price To Sales
N/A
0.28
0.49
0.42
1.76
1.5
7.97
4.73
0.92
Net Income
4.02 M
1.46 B
429.58 M
29.8 M
1.92 B
504.88 M
(4.72 M)
354.86 M
363.7 M
Earnings Per Share
0.85
0.11
1.1
-0.24
1.85
5.5
-0.31
14.0
1.6
Shares Owned By Insiders
N/A
44.24
84.13
N/A
N/A
5.96
51.81
0.18
10.66
Revenue
N/A
3.7 B
2.88 B
2.59 B
13.44 B
7.52 B
2 M
2.88 B
2.74 B
Working Capital
(3.09 M)
N/A
144.94 M
N/A
(573.5 M)
269.89 M
17.3 M
326.64 M
N/A
Cash And Equivalents
296.46 K
2.92 B
616.25 M
2.55 B
4.62 B
133.14 M
23.83 M
137.87 M
4.34 B
Cash Per Share
0.01
1.74
6.85
42.14
20.37
1.53
1.6
5.24
27.15
Gross Profit
N/A
2.25 B
1.47 B
464.4 M
791.1 M
1.86 B
(2.18 M)
748.17 M
(129.2 M)
Day Typical Price
11.41
0.58
16.31
21.93
44.07
151.01
0.99
575.05
15.43
Accumulation Distribution
N/A
N/A
1429.85
1071.03
9193.12
1951.68
0.0495
5372.58
6918.65
Market Facilitation Index
N/A
N/A
0.0
0.0
0.0
0.0
0.05
1.0E-4
N/A
Daily Balance Of Power
0.0
0.0
(1.52)
0.8358
0.2727
1.363924
(0.80)
0.2391
(0.14)
Period Momentum Indicator
N/A
N/A
(0.50)
0.56
0.18
4.31
(0.04)
4.7
(0.03)
Rate Of Daily Change
1.0
1.0
0.97
1.03
1.0
1.03
0.96
1.01
1.0
Day Median Price
11.41
0.58
16.35
21.86
44.09
150.68
0.99
578.04
15.43
Price Action Indicator
N/A
N/A
(0.37)
0.5
0.04
3.16
(0.01)
(6.61)
(0.03)
Coefficient Of Variation
1370.32
763.13
(2,111)
3722.55
2718.71
38865.36
(5,428)
480.35
2522.98
Mean Deviation
0.6556
0.8351
1.54
0.9382
1.5
1.3
2.9
2.2
1.3
Jensen Alpha
0.1335
0.3702
(0.17)
(0.02)
0.0077
(0.21)
(0.03)
0.4286
(0.13)
Total Risk Alpha
(0.13)
(0.07)
(0.41)
(0.16)
(0.23)
(0.30)
(0.62)
0.176
(0.23)
Sortino Ratio
(0)
N/A
N/A
(0.08)
(0.03)
(0.08)
N/A
0.2391
(0.03)
Downside Variance
4.4
N/A
N/A
1.33
4.25
2.34
N/A
5.22
3.15
Standard Deviation
1.58
3.29
2.0
1.23
1.96
1.96
3.61
3.23
2.0
Kurtosis
17.16
65.4
1.3
(0.16)
0.4123
10.86
(0.39)
4.72
10.2
Potential Upside
1.67
N/A
2.62
2.49
3.14
2.49
6.25
5.11
2.19
Treynor Ratio
(0.42)
0.9632
(0.20)
0.0572
0.1319
(0)
0.1782
0.3273
0.0403
Maximum Drawdown
13.48
26.67
9.86
4.81
8.74
12.09
13.8
17.45
13.03
Variance
2.48
10.8
4.02
1.51
3.82
3.85
13.06
10.42
4.02
Market Risk Adjusted Performance
(0.41)
0.9732
(0.19)
0.0672
0.1419
0.0072
0.1882
0.3373
0.0503
Risk Adjusted Performance
0.0611
0.1081
(0.03)
0.0243
0.0343
0.0081
(0.01)
0.1672
0.0365
Skewness
2.84
8.07
(0.90)
0.1721
0.0018
2.24
0.3547
1.6
1.59
Semi Deviation
0.7683
N/A
N/A
1.1
1.94
1.51
N/A
1.91
1.67
Information Ratio
(0.01)
0.0929
(0.11)
(0.08)
(0.03)
(0.06)
(0.05)
0.1693
(0.02)
Value At Risk
(1.72)
N/A
(4.21)
(1.90)
(3.25)
(2.96)
(5.45)
(3.95)
(2.74)
Expected Short fall
(2.52)
N/A
N/A
(1.06)
(1.45)
(1.43)
N/A
(2.66)
(1.46)
Downside Deviation
2.1
N/A
N/A
1.15
2.06
1.53
N/A
2.29
1.77
Semi Variance
0.5902
N/A
N/A
1.22
3.76
2.27
N/A
3.64
2.79

IX Acquisition Competition Performance Charts

Five steps to successful analysis of IX Acquisition Competition

IX Acquisition's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by IX Acquisition Corp in relation to its competition. IX Acquisition's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of IX Acquisition in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact IX Acquisition's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to IX Acquisition Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your IX Acquisition position

In addition to having IX Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Emerging Markets ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Emerging Markets ETFs theme has 29 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Emerging Markets ETFs Theme or any other thematic opportunities.
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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 producer price index.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in IXAQU Stock

If you are still planning to invest in IX Acquisition Corp 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 IX Acquisition's history and understand the potential risks before investing.
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