Investing in IDEX five years ago would have delivered you a 45 percent gain
IEX Stock | USD 213.68 1.40 0.66% |
Slightly above 58% of all IDEX's investors are looking to take a long position. The analysis of overall sentiment of trading IDEX Corporation stock suggests that some investors are interested at this time. IDEX's investing sentiment can be driven by a variety of factors including economic data, IDEX's earnings reports, geopolitical events, and overall market trends.
IDEX |
If you buy and hold a stock for many years, youd hope to be making a profit. Furthermore, youd generally like to see...
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IDEX Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards IDEX 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.
IDEX Fundamental Analysis
We analyze IDEX's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDEX based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
IDEX is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
IDEX Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with IDEX stock to make a market-neutral strategy. Peer analysis of IDEX could also be used in its relative valuation, which is a method of valuing IDEX by comparing valuation metrics with similar companies.
Peers
IDEX Related Equities
WTS | Watts Water | 0.30 | ||||
DOV | Dover | 0.28 | ||||
CR | Crane | 0.01 | ||||
DCI | Donaldson | 0.00 | ||||
IR | Ingersoll Rand | 0.00 | ||||
GRC | Gorman Rupp | 0.00 | ||||
FELE | Franklin Electric | 0.00 | ||||
GGG | Graco | 0.00 | ||||
ITT | ITT | 0.15 | ||||
FLS | Flowserve | 0.21 | ||||
EPAC | Enerpac Tool | 0.68 |
Additional Tools for IDEX Stock Analysis
When running IDEX's price analysis, check to measure IDEX'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 IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.