Idex Corp Stock Future Price Prediction

IEX
 Stock
  

USD 231.06  0.77  0.33%   

Idex Corp stock price prediction is an act of determining the future value of Idex Corp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Idex Corp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Idex Corp and does not consider all of the tangible or intangible factors available from Idex Corp's fundamental data. We analyze noise-free headlines and recent hype associated with Idex Corp, which may create opportunities for some arbitrage if properly timed.
Please see Idex Corp Basic Forecasting Models to cross-verify your projections.
  
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Idex Corp based on different types of headlines from major news networks to social media. The Idex Corp stock price prediction module provides an analysis of price elasticity to changes in media outlook on Idex Corp over a specific investment horizon.
Quarterly Earnings Growth YOY
0.56
EPS Estimate Next Quarter
1.93
EPS Estimate Current Year
8.08
EPS Estimate Next Year
8.52
Wall Street Target Price
230.93
EPS Estimate Current Quarter
1.99
Using Idex Corp hype-based prediction, you can estimate the value of Idex Corp from the perspective of Idex Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Idex Corp using Idex Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Idex Corp using crowd psychology based on the activity and movement of Idex Corp's stock price.
Idex Corp Dividend Yield is fairly stable at the moment as compared to the past year. Idex Corp reported Dividend Yield of 0.009 in 2021. Payout Ratio is likely to rise to 0.38 in 2022, whereas Interest Coverage is likely to drop 12.81 in 2022.

Idex Corp Short Interest

A significant increase or decrease in Idex Corp's short interest from the previous month could be a good indicator of investor sentiment towards Idex Corp. Short interest can provide insight into the potential direction of Idex Corp stock and how bullish or bearish investors feel about the market overall. An investor who is long Idex Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about Idex Corp and may potentially protect profits, hedge Idex Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA
199.15
Short Percent
0.0154
Short Ratio
2.3
Shares Short Prior Month
1.2 M
50 Day MA
214.18
Shares Short
M

Idex Corp Hype to Price Pattern

Investor biases related to Idex Corp's public news can be used to forecast risks associated with investment in Idex Corp. The trend in average sentiment can be used to explain how an investor holding Idex Corp can time the market purely based on public headlines and social activities around Idex Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Idex Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Idex Corp.

Idex Corp Implied Volatility

    
  25.55  
Idex Corp's implied volatility exposes the market's sentiment of Idex Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Idex Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Idex Corp stock will not fluctuate a lot when Idex Corp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Idex Corp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Idex Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Idex Corp because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Idex Corp after-hype prediction price

    
  $ 231.02  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Idex Corp contract

Based on the Rule 16, the options market is currently suggesting that Idex Corp will have an average daily up or down price movement of about 1.6% per day over the life of the 2022-12-16 option contract. With Idex Corp trading at $231.06, that is roughly $3.69. If you think that the market is fully incorporating Idex Corp's daily price movement you should consider acquiring Idex Corp options at the current volatility level of 25.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Idex Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Idex Corp in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
207.87241.04242.72
Details
Naive
Forecast
LowNext ValueHigh
230.27231.96233.64
Details
13 Analysts
Consensus
LowTarget PriceHigh
220.00242.46267.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
6.326.346.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Idex Corp. Your research has to be compared to or analyzed against Idex Corp's peers to derive any actionable benefits. When done correctly, Idex Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Idex Corp.

Idex Corp After-Hype Price Prediction Density Analysis

As far as predicting the price of Idex Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Idex Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Idex Corp, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Idex Corp Estimiated After-Hype Price Volatility

In the context of predicting Idex Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Idex Corp's historical news coverage. Idex Corp's after-hype downside and upside margins for the prediction period are 229.34 and 232.70, respectively. We have considered Idex Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 231.06
229.34
Downside
231.02
After-hype Price
232.70
Upside
Idex Corp is very steady asset. Analysis and calculation of next after-hype price of Idex Corp is based on 3 months time horizon.

Idex Corp Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Idex Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Idex Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Idex Corp, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
 0.24  1.69  0.05   0.19  7 Events / Month4 Events / MonthIn about 7 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
231.06231.020.02 
804.76  

Idex Corp Hype Timeline

On the 29th of November Idex Corp is traded for 231.06. The entity has historical hype elasticity of 0.05 and average elasticity to hype of competition of 0.19. Idex Corp is forecasted to increase in value after the next headline with the price projected to jump to 231.02 or above. The average volatility of media hype impact on the company stock price is over 100%. The price jump on the next news is projected to be 0.02% whereas the daily expected return is currently at 0.24%. The volatility of related hype on Idex Corp is about 216.27% with expected price after next announcement by competition of 231.25. The company reported the last year's revenue of 3.09 B. Total Income to common stockholders was 575.7 M with profit before taxes, overhead, and interest of 1.24 B. Considering the 90-day investment horizon the next forecasted press release will be in about 7 days.
Please see Idex Corp Basic Forecasting Models to cross-verify your projections.

Idex Corp Related Hype Analysis

Having access to credible news sources related to Idex Corp's direct competition is more important than ever and may enhance your ability to predict Idex Corp's future price movements. Getting to know how Idex Corp rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Idex Corp may potentially react to the hype associated with one of its peers.

Idex Corp Additional Predictive Modules

Most predictive techniques to examine Idex Corp price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Idex Corp using various technical indicators. When you analyze Idex Corp charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Idex Corp Predictive Indicators

The successful prediction of Idex Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Idex Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Idex Corp based on analysis of Idex Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Idex Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Idex Corp's related companies.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity0.380.410.420.5
Interest Coverage13.0611.6415.5412.81

Story Coverage note for Idex Corp

The number of cover stories for Idex Corp depends on current market conditions and Idex Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Idex Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Idex Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Idex Corp Short Properties

Idex Corp's future price predictability will typically decrease when Idex Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Idex Corp often depends not only on the future outlook of the potential Idex Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Idex Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Last Dividend Date13th of October 2022
Shares Percent Shares Out1.52%
Trailing Annual Dividend Rate2.34
Short Percent Of Float1.73%
Float Shares75.21M
Average Daily Volume Last 10 Day542.36k
Shares Short Prior Month924.79k
Average Daily Volume In Three Month442.26k
Date Short Interest14th of October 2022
Please see Idex Corp Basic Forecasting Models to cross-verify your projections. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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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.