Ebix Competitors

EBIX -  USA Stock  

USD 32.90  2.60  8.58%

Ebix Inc competes with Absolute Software; as well as few others. The company conducts business under Technology sector and is part of Software—Application industry. Analyzing Ebix competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Ebix to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Ebix competition on your existing holdings. Continue to Ebix Correlation with its peers.

Ebix Competition 

 
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Return on Investment is likely to rise to 14.39 in 2021. Return on Average Assets is likely to rise to 0.08 in 2021. Ebix Revenue to Assets are fairly stable at the moment as compared to the past year. Ebix reported Revenue to Assets of 0.40 in 2020. Total Assets Per Share is likely to rise to 55.51 in 2021, whereas Total Assets are likely to drop slightly above 1.3 B in 2021.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ebix'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 Ebix in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
30.4133.7237.03
Details
Intrinsic
Valuation
LowReal ValueHigh
24.5427.8536.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ebix. Your research has to be compared to or analyzed against Ebix's peers to derive any actionable benefits. When done correctly, Ebix'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 Ebix Inc.

Ebix Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ebix and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Ebix and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Ebix Inc does not affect the price movement of the other competitor.
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Ebix Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Ebix stock performing well and Ebix company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Ebix's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ABHH
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ABOV
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ABR
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ABST
 1.37 (0.57)  0.00 (3.74)  0.00 (0.32)  0.00  2.03 (3.83)  7.58 
ACCL
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ACEC
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ACGI
 2.69 (1.39)  0.00 (2.11)  0.00 (0.16)  0.00  0.00  0.00  66.67 
ACLO
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
ACOM
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 
AGE
 0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00  0.00 

Cross Equities Net Income Analysis

Select Fundamental

201020112012201320142015201620172018201920202021
ABST
7.6 M7.6 M7.6 M7.6 M7.6 M7.6 M7.6 M7.6 M7.6 M10.6 M3.9 M5.2 M
ACCL
(16.6 M)1.8 M(10.4 M)5.7 M5.7 M5.7 M5.7 M5.7 M5.7 M5.7 M5.1 M5.5 M
ACGI
(37.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(10.7 M)(9.7 M)(10.4 M)
ACOM
2.4 M62.9 M62.9 M62.9 M62.9 M62.9 M62.9 M62.9 M62.9 M62.9 M56.6 M61.1 M

Ebix Inc and related stocks such as American Bank Note, Abovenet Communications, Abr Information Services, Absolute Software, Accelrys, Ace Comm Corp, Amacore Group Cl, Accelio Corp, American Commercial Lines, and Agency Com Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Ebix Inc financial statement analysis. It represents the amount of money remaining after all of Ebix Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Ebix Competitive Analysis

The better you understand Ebix competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ebix's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Ebix's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
EBIX
ABST
ACGI
 8.58 
 32.90 
Ebix
 1.02 
 8.90 
Absolute
 0.00 
 0.0001 
Amacore
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
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Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
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Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Ebix Competition Performance Charts

Complement your Ebix position

In addition to having Ebix 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.

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Run Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. Healthcare Funds theme has 40 constituents.
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Continue to Ebix Correlation with its peers. Note that the Ebix Inc information on this page should be used as a complementary analysis to other Ebix'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Ebix Stock analysis

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