Ideanomics Stock Forecast - Daily Balance Of Power

IDEX
 Stock
  

USD 0.22  0.01  4.35%   

Ideanomics Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Ideanomics historical stock prices and determine the direction of Ideanomics's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Ideanomics historical fundamentals such as revenue growth or operating cash flow patterns. Although Ideanomics naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Ideanomics systematic risk associated with finding meaningful patterns of Ideanomics fundamentals over time.
Please see Historical Fundamental Analysis of Ideanomics to cross-verify your projections.
  
Ideanomics Receivables Turnover is fairly stable at the moment as compared to the past year. Ideanomics reported Receivables Turnover of 3.44 in 2021. Accounts Payable Turnover is likely to rise to 21.03 in 2022, whereas PPandE Turnover is likely to drop 17.38 in 2022. . Weighted Average Shares is likely to rise to about 483.2 M in 2022. Weighted Average Shares Diluted is likely to rise to about 483.2 M in 2022.

Open Interest Agains t 2022-12-16 Ideanomics Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Ideanomics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Ideanomics' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Ideanomics stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Ideanomics' open interest, investors have to compare it to Ideanomics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Ideanomics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Ideanomics. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Ideanomics has current Daily Balance Of Power of (0.50).
Most investors in Ideanomics cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Ideanomics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Ideanomics' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Ideanomics market sensitivity to bulls and bears. It estimates the ability of Ideanomics buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Ideanomics Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
(1.00)(0.50)
Check Ideanomics VolatilityBacktest IdeanomicsInformation Ratio  

Ideanomics Trading Date Momentum

On November 30 2022 Ideanomics was traded for  0.22  at the closing time. The top price for the day was 0.24  and the lowest listed price was  0.22 . The trading volume for the day was 14.8 M. The trading history from November 30, 2022 did not cause price change. The trading delta at closing time against the current closing price is 9.09% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Ideanomics to competition

Other Forecasting Options for Ideanomics

For every potential investor in Ideanomics, whether a beginner or expert, Ideanomics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ideanomics Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ideanomics. Basic forecasting techniques help filter out the noise by identifying Ideanomics' price trends.

Ideanomics Related Equities

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 Ideanomics stock to make a market-neutral strategy. Peer analysis of Ideanomics could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics with similar companies.
Deere CompanyCaterpillarPACCAR IncDaimler Truck HldgEpiroc Aktiebolag ShareAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanBhp BillitonNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings Corp
 Risk & Return  Correlation

Ideanomics Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ideanomics' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ideanomics' current price.

Ideanomics Market Strength Events

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 Risk Indicators

The analysis of Ideanomics' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Ideanomics' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Ideanomics stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ideanomics without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Idea Optimizer Now

   

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Ideanomics using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Historical Fundamental Analysis of Ideanomics to cross-verify your projections. Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary 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 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.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Is Ideanomics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ideanomics. If investors know Ideanomics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ideanomics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
131.7 M
Quarterly Revenue Growth YOY
(0.09) 
Return On Assets
(0.19) 
Return On Equity
(0.73) 
The market value of Ideanomics is measured differently than its book value, which is the value of Ideanomics that is recorded on the company's balance sheet. Investors also form their own opinion of Ideanomics' value that differs from its market value or its book value, called intrinsic value, which is Ideanomics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ideanomics' market value can be influenced by many factors that don't directly affect Ideanomics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ideanomics' value and its price as these two are different measures arrived at by different means. Investors typically determine Ideanomics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ideanomics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.