Ideanomics Stock Buy Hold or Sell Recommendation

IDEX
 Stock
  

USD 0.23  0.01  4.55%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Ideanomics is 'Strong Sell'. Macroaxis provides Ideanomics buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IDEX positions. The advice algorithm takes into account all of Ideanomics' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Ideanomics' buy-and-hold perspective. Please see Ideanomics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Ideanomics and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Ideanomics.

Execute Ideanomics Buy or Sell Advice

The Ideanomics recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ideanomics. Macroaxis does not own or have any residual interests in Ideanomics or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ideanomics' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IdeanomicsBuy Ideanomics
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Ideanomics has a Mean Deviation of 5.09, Standard Deviation of 6.5 and Variance of 42.24
We provide advice to complement the regular expert consensus on Ideanomics. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Ideanomics is not overpriced, please check out all Ideanomics fundamentals, including its cash per share, beta, and the relationship between the revenue and cash flow from operations . As Ideanomics appears to be a penny stock we also urge to confirm its price to earning numbers.

Ideanomics Trading Alerts and Improvement Suggestions

Ideanomics generated a negative expected return over the last 90 days
Ideanomics has high historical volatility and very poor performance
Ideanomics has some characteristics of a very speculative penny stock
The company reported the previous year's revenue of 114.08 M. Net Loss for the year was (256.01 M) with profit before overhead, payroll, taxes, and interest of 23.23 M.
Ideanomics currently holds about 25.19 M in cash with (75.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Ideanomics has a frail financial position based on the latest SEC disclosures
Latest headline from news.google.com: Ideanomics Exploring Alternatives to VIA Motors Deal - MarketWatch

Ideanomics Returns Distribution Density

The distribution of Ideanomics' historical returns is an attempt to chart the uncertainty of Ideanomics' future price movements. The chart of the probability distribution of Ideanomics stock daily returns describes the distribution of returns around its average expected value. We use Ideanomics price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ideanomics returns is essential to provide solid investment advice for Ideanomics.
Mean Return-1.21Value At Risk-10.34
Potential Upside10.71Standard Deviation6.50
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ideanomics historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Ideanomics Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ideanomics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ideanomics backward and forwards among themselves. Ideanomics' institutional investor refers to the entity that pools money to purchase Ideanomics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K14 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K33 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K55 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K59 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K97 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares49.3 K140 K
Your Advocates Ltd LlpCommon Shares10 K29 K
Xr Securities LlcCall Options10.9 K1000
Note, although Ideanomics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Ideanomics Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure2.45 M(6.76 M)(1.82 M)(191 K)(2.81 M)(2.88 M)
Depreciation Amortization and Accretion308.1 K352.33 K2.23 M5.31 M7.67 M8.28 M
Net Cash Flow or Change in Cash and Cash Equivalents3.5 M(4.47 M)(473 K)163.13 M104.1 M112.32 M
Net Cash Flow Business Acquisitions and Disposals(763.11 K)(2.83 M)22 K(99.06 M)(89.15 M)(91.5 M)
Issuance Purchase of Equity Shares13.62 M21.53 M2.82 M191.44 M196.84 M212.37 M
Net Cash Flow from Financing13.86 M34.9 M15.11 M208.05 M399.3 M430.82 M
Net Cash Flow from Investing(510.13 K)(19.14 M)(1.79 M)(3.5 M)(220.09 M)(225.88 M)
Net Cash Flow from Operations(9.97 M)(20.16 M)(13.78 M)(41.47 M)(75.53 M)(77.52 M)
Effect of Exchange Rate Changes on Cash83.49 K(69.14 K)(9 K)50 K423 K456.39 K
Share Based Compensation1.31 M3.41 M9.11 M11.97 M21.98 M23.72 M

Ideanomics Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ideanomics or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ideanomics' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ideanomics stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-1.33
β
Beta against NYSE Composite1.13
σ
Overall volatility
6.60
Ir
Information ratio -0.2

Ideanomics Volatility Alert

Ideanomics is displaying above-average volatility over the selected time horizon. Investors should scrutinize Ideanomics independently to ensure intended market timing strategies are aligned with expectations about Ideanomics volatility. Ideanomics is a potential penny stock. Although Ideanomics may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ideanomics. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Ideanomics instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

Ideanomics Fundamentals Vs Peers

Comparing Ideanomics' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ideanomics' direct or indirect competition across all of the common fundamentals between Ideanomics and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ideanomics or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ideanomics' fundamental indicators could also be used in its relative valuation, which is a method of valuing Ideanomics by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Ideanomics to competition
FundamentalsIdeanomicsPeer Average
Return On Equity(0.73) %(0.31) %
Return On Asset(0.19) %(0.14) %
Profit Margin(2.65) %(1.27) %
Operating Margin(1.32) %(5.51) %
Current Valuation144.16 M16.62 B
Shares Outstanding563.6 M571.82 M
Shares Owned by Insiders5.31 %10.09 %
Shares Owned by Institutions4.60 %39.21 %
Number of Shares Shorted38.72 M4.71 M
Price to Earning16.47 X28.72 X
Price to Book0.52 X9.51 X
Price to Sales1.16 X11.42 X
Revenue114.08 M9.43 B
Gross Profit23.23 M27.38 B
EBITDA(248.72 M)3.9 B
Net Income(256.01 M)570.98 M
Cash and Equivalents25.19 M2.7 B
Cash per Share0.05 X5.01 X
Total Debt31.52 M5.32 B
Debt to Equity0.11 %48.70 %
Current Ratio2.74 X2.16 X
Book Value Per Share0.51 X1.93 K
Cash Flow from Operations(75.53 M)971.22 M
Short Ratio3.36 X4.00 X
Earnings Per Share(0.29) X3.12 X
Target Price1.0
Number of Employees55918.84 K
Beta0.48-0.15
Market Capitalization129.35 M19.03 B
Total Asset473.44 M29.47 B
Retained Earnings(255.02 M)9.33 B
Working Capital719.49 K1.48 B
Current Asset6.93 M9.34 B
   Purchase by Alfred Poor of tradable shares of Ideanomics [view details]

Ideanomics Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ideanomics . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Ideanomics Buy or Sell Advice

When is the right time to buy or sell Ideanomics? Buying financial instruments such as Ideanomics Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 (projected)
Receivables58.94 M63.6 M
Inventories5.54 M5.98 M

Use Investing Ideas to Build Portfolios

In addition to having Ideanomics 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.

Did You Try This Idea?

Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 40 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 Real Estate Theme or any other thematic opportunities.
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Please see Ideanomics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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
129.3 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.