Ideanomics Stock Performance
| IDEX Stock | USD 0 0.01 80.00% |
Ideanomics holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -7.72, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ideanomics are expected to decrease by larger amounts. On the other hand, during market turmoil, Ideanomics is expected to outperform it. Use Ideanomics jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Ideanomics.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Ideanomics are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unsteady technical and fundamental indicators, Ideanomics showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:125 | Last Split Date 2023-08-25 |
1 | EV Firm Ideanomics Files Bankruptcy Following SEC Charges - Bloomberg | 12/04/2024 |
| Begin Period Cash Flow | 21.9 M |
Ideanomics |
Ideanomics Relative Risk vs. Return Landscape
If you would invest 19.00 in Ideanomics on September 17, 2024 and sell it today you would lose (9.00) from holding Ideanomics or give up 47.37% of portfolio value over 90 days. Ideanomics is currently generating 23.2281% in daily expected returns and assumes 136.2102% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Ideanomics, and most 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 = 0.1705
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Estimated Market Risk
| 136.21 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
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Ideanomics is performing at about 13% 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.
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 | 49.28 M | ||||
| Shares Outstanding | 11.99 M | ||||
| Price To Earning | 16.47 X | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 15.46 M | ||||
| Gross Profit | (815 K) | ||||
| EBITDA | (188.04 M) | ||||
| Net Income | (194.55 M) | ||||
| Cash And Equivalents | 25.19 M | ||||
| Cash Per Share | 0.05 X | ||||
| Total Debt | 42.54 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 2.74 X | ||||
| Book Value Per Share | (1.84) X | ||||
| Cash Flow From Operations | (52.66 M) | ||||
| Earnings Per Share | (20.59) X | ||||
| Market Capitalization | 42.14 K | ||||
| Total Asset | 116.88 M | ||||
| Retained Earnings | (1.09 B) | ||||
| Working Capital | (85.03 M) | ||||
| 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 207.33 | 217.69 | |
| Return On Tangible Assets | (3.90) | (3.71) | |
| Return On Capital Employed | 135.83 | 142.62 | |
| Return On Assets | (1.91) | (1.82) | |
| Return On Equity | 15.80 | 16.59 |
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 way too risky over 90 days horizon | |
| Ideanomics has some characteristics of a very speculative penny stock | |
| Ideanomics appears to be risky and price may revert if volatility continues | |
| Ideanomics has high likelihood to experience some financial distress in the next 2 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, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from news.google.com: EV Firm Ideanomics Files Bankruptcy Following SEC Charges - Bloomberg |
- 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.
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.