Idex Corp Stock Performance

IEX
 Stock
  

USD 231.06  0.77  0.33%   

On a scale of 0 to 100, Idex Corp holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 0.9789, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Idex Corp's beta means in this case. Idex Corp returns are very sensitive to returns on the market. As the market goes up or down, Idex Corp is expected to follow. Although it is important to respect Idex Corp current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Idex Corp technical indicators, you can presently evaluate if the expected return of 0.24% will be sustainable into the future. Please utilizes Idex Corp value at risk, and the relationship between the jensen alpha and skewness to make a quick decision on whether Idex Corp current trending patterns will revert.
  
Idex Corp Performance
10 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Idex Corp are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak technical and fundamental indicators, Idex Corp showed solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0101
Payout Ratio
0.3
Last Split Factor
3:2
Forward Annual Dividend Rate
2.4
Dividend Date
2023-01-27
Ex Dividend Date
2023-01-12

Idex Corp Price Channel

Quick Ratio2.23
Fifty Two Week Low172.19
Target High Price280.00
Fifty Two Week High240.33
Payout Ratio33.04%
Trailing Annual Dividend Yield1.06%
Target Low Price205.00

Idex Corp Relative Risk vs. Return Landscape

If you would invest  20,061  in Idex Corp on August 31, 2022 and sell it today you would earn a total of  3,045  from holding Idex Corp or generate 15.18% return on investment over 90 days. Idex Corp is generating 0.2385% of daily returns assuming volatility of 1.6861% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Idex Corp, and above 96% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Idex Corp is expected to generate 1.22 times more return on investment than the market. However, the company is 1.22 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of risk.

Idex Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Idex Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Idex Corp, and traders can use it to determine the average amount a Idex Corp's 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 = 0.1414

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Estimated Market Risk
 1.69
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.24
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.14
  actual daily
 
 10 %
of total potential
 
1010
Based on monthly moving average Idex Corp is performing at about 10% 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 Idex Corp by adding it to a well-diversified portfolio.

About Idex Corp Performance

To evaluate Idex Corp 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 Idex Corp 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 Idex Corp 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 Idex Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Idex Corp'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 Cash-28.2 M-28.9 M
Return on Investment 16.81  15.72 
Return on Average Assets 9.63  8.80 
Return on Average Equity 16.82  15.65 
Return on Invested Capital 0.32  0.34 
Return on Sales 0.23  0.23 

Things to note about Idex Corp

Checking the ongoing alerts about Idex Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Idex Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Idex Corp Alerts

Equity Alerts and Improvement Suggestions

Idex Corp has a poor financial position based on the latest SEC disclosures
On 28th of October 2022 Idex Corp paid $ 0.6 per share dividend to its current shareholders
Please see Risk vs Return Analysis. Note that the Idex Corp information on this page should be used as a complementary analysis to other Idex Corp's 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Idex Corp price analysis, check to measure Idex Corp'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 Corp is operating at the current time. Most of Idex Corp's value examination focuses on studying past and present price action to predict the probability of Idex Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Idex Corp's price. Additionally, you may evaluate how the addition of Idex Corp to your portfolios can decrease your overall portfolio volatility.
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Is Idex Corp's 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 Idex Corp. If investors know Idex Corp 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 Idex Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.56
Market Capitalization
17.8 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.0954
Return On Equity
0.21
The market value of Idex Corp is measured differently than its book value, which is the value of Idex Corp that is recorded on the company's balance sheet. Investors also form their own opinion of Idex Corp's value that differs from its market value or its book value, called intrinsic value, which is Idex Corp's 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 Idex Corp's market value can be influenced by many factors that don't directly affect Idex Corp's 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 Idex Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Idex Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idex Corp's 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.