Idex Corporation Stock Short Ratio

IEX Stock  USD 244.02  1.07  0.44%   
IDEX Corporation fundamentals help investors to digest information that contributes to IDEX's financial success or failures. It also enables traders to predict the movement of IDEX Stock. The fundamental analysis module provides a way to measure IDEX's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IDEX stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

IDEX Short Ratio Analysis

IDEX's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.2B1.5B1.3B1.4B
Total Assets4.9B5.5B5.9B6.2B

Short Ratio

 = 

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current IDEX Short Ratio

    
  2.08 X  
Most of IDEX's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, IDEX Corporation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

IDEX Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for IDEX is extremely important. It helps to project a fair market value of IDEX Stock properly, considering its historical fundamentals such as Short Ratio. Since IDEX's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of IDEX's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of IDEX's interrelated accounts and indicators.
1.00.530.980.970.53-0.640.990.910.720.970.730.640.880.850.78-0.81-0.480.810.840.25-0.16-0.380.840.850.66-0.650.60.840.68-0.6
1.00.490.980.960.5-0.650.970.90.750.960.690.610.880.850.74-0.8-0.490.790.820.28-0.11-0.350.820.840.65-0.650.630.840.7-0.64
0.530.490.480.640.29-0.220.60.180.550.490.380.330.320.340.52-0.29-0.260.440.490.14-0.27-0.930.60.340.55-0.28-0.270.48-0.12-0.45
0.980.980.480.940.4-0.780.950.890.730.950.680.560.920.850.74-0.89-0.450.810.830.33-0.02-0.340.820.90.66-0.760.660.850.72-0.61
0.970.960.640.940.56-0.560.980.850.670.980.780.720.80.730.81-0.78-0.520.790.840.1-0.29-0.460.830.820.6-0.630.440.760.52-0.55
0.530.50.290.40.560.050.580.590.230.550.570.630.380.350.53-0.25-0.220.350.44-0.17-0.61-0.150.430.360.21-0.090.190.280.25-0.17
-0.64-0.65-0.22-0.78-0.560.05-0.61-0.59-0.47-0.64-0.43-0.15-0.83-0.67-0.480.90.15-0.65-0.6-0.52-0.410.15-0.6-0.82-0.560.86-0.65-0.7-0.660.39
0.990.970.60.950.980.58-0.610.890.650.960.780.680.860.820.84-0.81-0.470.810.850.19-0.24-0.410.860.830.66-0.640.540.810.64-0.52
0.910.90.180.890.850.59-0.590.890.460.910.770.680.850.780.75-0.81-0.430.740.770.1-0.190.020.710.820.47-0.60.780.70.81-0.36
0.720.750.550.730.670.23-0.470.650.460.610.160.220.580.710.3-0.42-0.250.480.460.530.1-0.650.590.530.61-0.350.260.730.4-0.94
0.970.960.490.950.980.55-0.640.960.910.610.80.740.850.730.8-0.86-0.510.80.840.07-0.27-0.30.80.880.54-0.70.560.730.6-0.49
0.730.690.380.680.780.57-0.430.780.770.160.80.840.630.480.95-0.72-0.450.870.91-0.18-0.41-0.110.810.80.55-0.560.390.570.410.07
0.640.610.330.560.720.63-0.150.680.680.220.740.840.470.250.77-0.54-0.590.660.72-0.51-0.75-0.140.620.650.25-0.420.220.290.21-0.05
0.880.880.320.920.80.38-0.830.860.850.580.850.630.470.830.71-0.9-0.490.760.770.350.05-0.190.760.870.58-0.860.790.770.82-0.47
0.850.850.340.850.730.35-0.670.820.780.710.730.480.250.830.6-0.65-0.210.680.680.640.24-0.280.760.680.74-0.50.710.930.84-0.61
0.780.740.520.740.810.53-0.480.840.750.30.80.950.770.710.6-0.72-0.460.920.96-0.02-0.33-0.290.920.810.7-0.580.390.690.47-0.05
-0.81-0.8-0.29-0.89-0.78-0.250.9-0.81-0.81-0.42-0.86-0.72-0.54-0.9-0.65-0.720.38-0.78-0.78-0.18-0.010.12-0.72-0.94-0.510.91-0.67-0.67-0.660.3
-0.48-0.49-0.26-0.45-0.52-0.220.15-0.47-0.43-0.25-0.51-0.45-0.59-0.49-0.21-0.460.38-0.4-0.450.310.410.15-0.38-0.4-0.110.54-0.29-0.19-0.250.19
0.810.790.440.810.790.35-0.650.810.740.480.80.870.660.760.680.92-0.78-0.40.990.2-0.06-0.290.960.910.82-0.650.480.830.55-0.2
0.840.820.490.830.840.44-0.60.850.770.460.840.910.720.770.680.96-0.78-0.450.990.13-0.16-0.310.960.890.8-0.640.470.810.54-0.19
0.250.280.140.330.1-0.17-0.520.190.10.530.07-0.18-0.510.350.64-0.02-0.180.310.20.130.8-0.260.290.190.59-0.150.340.650.48-0.51
-0.16-0.11-0.27-0.02-0.29-0.61-0.41-0.24-0.190.1-0.27-0.41-0.750.050.24-0.33-0.010.41-0.06-0.160.80.14-0.1-0.060.25-0.040.280.270.3-0.13
-0.38-0.35-0.93-0.34-0.46-0.150.15-0.410.02-0.65-0.3-0.11-0.14-0.19-0.28-0.290.120.15-0.29-0.31-0.260.14-0.48-0.21-0.520.160.38-0.410.220.57
0.840.820.60.820.830.43-0.60.860.710.590.80.810.620.760.760.92-0.72-0.380.960.960.29-0.1-0.480.860.89-0.590.40.880.53-0.33
0.850.840.340.90.820.36-0.820.830.820.530.880.80.650.870.680.81-0.94-0.40.910.890.19-0.06-0.210.860.67-0.820.60.760.63-0.33
0.660.650.550.660.60.21-0.560.660.470.610.540.550.250.580.740.7-0.51-0.110.820.80.590.25-0.520.890.67-0.380.30.910.46-0.36
-0.65-0.65-0.28-0.76-0.63-0.090.86-0.64-0.6-0.35-0.7-0.56-0.42-0.86-0.5-0.580.910.54-0.65-0.64-0.15-0.040.16-0.59-0.82-0.38-0.59-0.51-0.550.27
0.60.63-0.270.660.440.19-0.650.540.780.260.560.390.220.790.710.39-0.67-0.290.480.470.340.280.380.40.60.3-0.590.550.96-0.23
0.840.840.480.850.760.28-0.70.810.70.730.730.570.290.770.930.69-0.67-0.190.830.810.650.27-0.410.880.760.91-0.510.550.7-0.55
0.680.7-0.120.720.520.25-0.660.640.810.40.60.410.210.820.840.47-0.66-0.250.550.540.480.30.220.530.630.46-0.550.960.7-0.35
-0.6-0.64-0.45-0.61-0.55-0.170.39-0.52-0.36-0.94-0.490.07-0.05-0.47-0.61-0.050.30.19-0.2-0.19-0.51-0.130.57-0.33-0.33-0.360.27-0.23-0.55-0.35
Click cells to compare fundamentals
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
Competition

IDEX Short Term Coverage Ratios

Short Term Coverage Ratios

1,254.23

At this time, IDEX's Short Term Coverage Ratios is fairly stable compared to the past year.
Based on the latest financial disclosure, IDEX Corporation has a Short Ratio of 2.08 times. This is 60.31% lower than that of the Machinery sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is 48.0% higher than that of the company.

IDEX Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IDEX's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of IDEX could also be used in its relative valuation, which is a method of valuing IDEX by comparing valuation metrics of similar companies.
IDEX is currently under evaluation in short ratio category among related companies.

IDEX ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, IDEX's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to IDEX's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

IDEX Institutional Holders

Institutional Holdings refers to the ownership stake in IDEX that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IDEX's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IDEX's value.
Shares
Barclays Plc2023-12-31
1.1 M
Champlain Investment Partners, Llc2023-12-31
1.1 M
Norges Bank2023-12-31
1.1 M
Amvescap Plc.2023-12-31
1.1 M
Jpmorgan Chase & Co2023-12-31
M
Goldman Sachs Group Inc2023-12-31
985.6 K
Brown Advisory Holdings Inc2023-12-31
910.9 K
Alecta Pensionsforsakring, Omsesidigt2023-12-31
781.2 K
Fenimore Asset Management Inc2023-12-31
775.1 K
Vanguard Group Inc2023-12-31
9.2 M
T. Rowe Price Associates, Inc.2023-12-31
7.4 M

IDEX Fundamentals

About IDEX Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IDEX Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IDEX Corporation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois. Idex Corp operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 7536 people.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether IDEX offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDEX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idex Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idex Corporation Stock:
Check out IDEX Piotroski F Score and IDEX Altman Z Score analysis.
Note that the IDEX information on this page should be used as a complementary analysis to other IDEX'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 the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for IDEX Stock analysis

When running IDEX's price analysis, check to measure IDEX'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 is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Is IDEX'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. If investors know IDEX 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 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
(0.16)
Dividend Share
2.56
Earnings Share
7.84
Revenue Per Share
43.306
Quarterly Revenue Growth
(0.03)
The market value of IDEX is measured differently than its book value, which is the value of IDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEX's value that differs from its market value or its book value, called intrinsic value, which is IDEX'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's market value can be influenced by many factors that don't directly affect IDEX'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEX'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.