Ideanomics Stock Performance

IDEX
 Stock
  

USD 0.24  0.01  4.35%   

The company retains a Market Volatility (i.e., Beta) of 1.0139, which attests to a somewhat significant risk relative to the market. Let's try to break down what Ideanomics's beta means in this case. Ideanomics returns are very sensitive to returns on the market. As the market goes up or down, Ideanomics is expected to follow. Even though it is essential to pay attention to Ideanomics current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ideanomics exposes twenty-one different technical indicators, which can help you to evaluate its performance. Ideanomics has an expected return of -1.29%. Please be advised to check out Ideanomics variance, as well as the relationship between the value at risk and skewness to decide if Ideanomics performance from the past will be repeated at some point in the near future.
  
Ideanomics Performance
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Over the last 90 days Ideanomics has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's technical and fundamental indicators remain fairly strong which may send shares a bit higher in December 2022. The current disturbance may also be a sign of long term up-swing for the company investors. ...more

Structure and Payout Changes

Last Split Factor
1:75
Last Split Date
2012-02-13

Ideanomics Price Channel

Quick Ratio0.57
Fifty Two Week Low0.2000
Target High Price1.00
Fifty Two Week High1.6500
Target Low Price1.00

Ideanomics Relative Risk vs. Return Landscape

If you would invest  59.00  in Ideanomics on August 31, 2022 and sell it today you would lose (36.00)  from holding Ideanomics or give up 61.02% of portfolio value over 90 days. Ideanomics is currently does not generate positive expected returns and assumes 6.6525% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of stocks are less volatile than Ideanomics, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Ideanomics is expected to under-perform the market. In addition to that, the company is 4.76 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of volatility.

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 = -0.1943

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Negative ReturnsIDEX
Estimated Market Risk
 6.65
  actual daily
 
 57 %
of total potential
 
5757
Expected Return
 -1.29
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 -0.19
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Based on monthly moving average Ideanomics is performing at about 0% 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.

About Ideanomics Performance

To evaluate Ideanomics Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ideanomics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ideanomics Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ideanomics market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ideanomics's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash423 K456.4 K
Return on Investment(84.99) (91.70) 
Return on Average Assets(72.33) (78.04) 
Return on Average Equity(92.73) (100.06) 
Return on Invested Capital(3.10) (3.19) 
Return on Sales(2.33) (2.52) 

Things to note about Ideanomics

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 Alerts

Equity 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
Ideanomics has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 111.3 M. Net Loss for the year was (294.72 M) with profit before overhead, payroll, taxes, and interest of 23.23 M.
Ideanomics currently holds about 25.19 M in cash with (142.22 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
Please see Risk vs Return Analysis. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.
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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
136.6 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.