Ideanomics Stock Price on December 31, 2023
| IDEX Stock | USD 0 0.0006 30.00% |
Below is the normalized historical share price chart for Ideanomics extending back to July 11, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ideanomics stands at 0, as last reported on the 17th of December 2024, with the highest price reaching 0 and the lowest price hitting 0.0002 during the day.
If you're considering investing in Ideanomics Stock, it is important to understand the factors that can impact its price. Ideanomics is out of control given 3 months investment horizon. Ideanomics holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 9.07% are justified by taking the suggested risk. Use Ideanomics Risk Adjusted Performance of 0.1158, downside deviation of 42.88, and Market Risk Adjusted Performance of (1.19) to evaluate company specific risk that cannot be diversified away.
At this time, Ideanomics' Other Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 1.6 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (13.5 M). . Price To Sales Ratio is likely to drop to 1.22 in 2024. Price Earnings Ratio is likely to drop to -0.09 in 2024. Ideanomics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2007 | 200 Day MA 0.5602 | 50 Day MA 0.1355 | Beta 0.232 |
Ideanomics |
Sharpe Ratio = 0.1488
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Estimated Market Risk
| 60.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Ideanomics is performing at about 11% of its full potential. 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 it to a well-diversified portfolio.
Price Book 0.6631 | Enterprise Value Ebitda (0.30) | Price Sales 0.0027 | Shares Float 20 M | Wall Street Target Price 1 |
Ideanomics Valuation on December 31, 2023
It is possible to determine the worth of Ideanomics on a given historical date. On December 31, 2023 Ideanomics was worth 2.17 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ideanomics stock. Still, in general, we apply an absolute valuation method to find Ideanomics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ideanomics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ideanomics' related companies.
| Open | High | Low | Close | Volume | |
| 2.08 | 2.22 | 2.01 | 2.18 | 418,862 | |
12/29/2023 | 2.17 | 2.33 | 1.98 | 1.99 | 690,141 |
| 2.01 | 2.13 | 1.92 | 1.97 | 352,984 |
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Ideanomics Trading Date Momentum on December 31, 2023
| On January 02 2024 Ideanomics was traded for 1.97 at the closing time. The top price for the day was 2.13 and the lowest listed price was 1.92 . The trading volume for the day was 353 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.01% . The trading delta at closing time against the current closing price is 4.52% . |
Ideanomics Fundamentals Correlations and Trends
By evaluating Ideanomics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ideanomics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ideanomics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ideanomics Stock history
Ideanomics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ideanomics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ideanomics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ideanomics stock prices may prove useful in developing a viable investing in Ideanomics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10 M | 9.5 M | |
| Net Loss | -234.7 M | -222.9 M |
Ideanomics Stock Technical Analysis
Ideanomics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ideanomics Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Ideanomics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ideanomics December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Ideanomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ideanomics shares will generate the highest return on investment. By undertsting and applying Ideanomics stock market strength indicators, traders can identify Ideanomics entry and exit signals to maximize returns
Ideanomics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ideanomics' price direction in advance. Along with the technical and fundamental analysis of Ideanomics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ideanomics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1158 | |||
| Jensen Alpha | 9.82 | |||
| Total Risk Alpha | 2.66 | |||
| Sortino Ratio | 0.2138 | |||
| Treynor Ratio | (1.20) |
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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.