Ideanomics Competitors

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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 Ideanomics' 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 Ideanomics in the context of predictive analytics.
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ideanomics. Your research has to be compared to or analyzed against Ideanomics' peers to derive any actionable benefits. When done correctly, Ideanomics' 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 Ideanomics.

Ideanomics Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Ideanomics 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 Ideanomics 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 Ideanomics does not affect the price movement of the other competitor.
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Ideanomics Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Ideanomics Stock performing well and Ideanomics 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 Ideanomics' multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
At Risk
AGCO 1.89  0.23  0.12  0.27  2.03  0.11 (2.19)  4.69 (3.78)  12.00 
ALG 1.40  0.17  0.08  0.33  1.54  0.08 (1.56)  3.39 (3.13)  9.32 
ASTE 2.24  0.09  0.05  0.16  2.53  0.05 (2.49)  4.63 (4.24)  13.16 
CAT 1.60  0.29  0.17  0.35  1.39  0.14 (1.83)  4.36 (2.70)  9.57 
CMCO 2.05 (0.02)  0.01  0.08  2.33  0.0117 (2.32)  4.27 (3.65)  14.88 
CNHI 1.95  0.37  0.22  0.38  1.53  0.16 (2.37)  4.54 (2.77)  8.96 
DE 1.26  0.23  0.15  0.37  1.11  0.13 (1.44)  3.05 (2.09)  7.45 
GENC 1.57  0.08  0.02  0.27  1.52  0.0166 (1.92)  3.89 (2.68)  11.71 
HY 2.52  0.01  0.02  0.10  2.88  0.0171 (2.84)  5.17 (4.56)  11.58 

Cross Equities Net Income Analysis

Compare Ideanomics and related stocks such as AGCO, Alamo Group, Astec Industries, Caterpillar, Columbus McKinnon, CNH Industrial NV, Deere Company, Gencor Industries, and Hyster-Yale Materials Net Income Over Time
Select Fundamental

AGCO220.5 M583.3 M522.1 M597.2 M410.4 M266.4 M160.1 M186.4 M285.5 M125.2 M427.1 M897 M967.8 M
ALG21.1 M32.1 M28.9 M36.1 M41.2 M43.2 M40 M44.3 M73.5 M62.9 M56.6 M80.2 M86.6 M
ASTE32.4 M39.9 M40.2 M39 M34.5 M32.8 M55.2 M37.8 M(60.4 M)22.3 M46.9 M17.8 M25.7 M
CAT2.7 B4.9 B5.7 B3.8 B3.7 B2.1 B(67 M)754 M6.1 B6.1 BB6.5 BB
CMCO(7 M)27 M78.3 M30.4 M27.2 M19.6 MM22.1 M42.6 M59.7 M9.1 M29.7 M25.7 M
CNHI545 M545 M756 M677 M710 M253 M(264 M)272 M1.1 B1.4 B(493 M)1.7 B1.9 B
DE2.8 B2.8 B2.8 B2.8 B2.8 B2.8 B2.8 B2.8 B2.8 B2.8 BB5.4 B5.8 B
GENCM4.5 M6.7 M3.5 M(1.8 M)M8.4 M12.6 M10.2 M5.5 M5.8 M5.2 M5.1 M
HY32.4 M82.6 M98 M110 M109.8 M74.7 M42.8 M48.6 M34.7 M35.8 M37.1 M(173 M)(177.6 M)

Ideanomics and related stocks such as AGCO, Alamo Group, Astec Industries, Caterpillar, Columbus McKinnon, CNH Industrial NV, Deere Company, Gencor Industries, and Hyster-Yale Materials Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Ideanomics financial statement analysis. It represents the amount of money remaining after all of Ideanomics 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 Income Statement Impact.

Ideanomics Competitive Analysis

The better you understand Ideanomics competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Ideanomics' 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 Ideanomics' competition over several years is one of the best ways to analyze its investment potential.
 Better Than Average     
 Worse Than Peers    View Performance Chart
CNH Industrial
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Ideanomics Competition Performance Charts

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Please see Ideanomics Correlation with its peers. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Ideanomics Stock analysis

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
131.9 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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.

USD 0.23  0.01  4.55%   

Ideanomics competes with AGCO, Alamo, Astec Industries, Caterpillar, and Columbus McKinnon; as well as few others. The company conducts business under Software sector and is part of Information Technology industry. Analyzing Ideanomics 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 Ideanomics 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 Ideanomics competition on your existing holdings. Please see Ideanomics Correlation with its peers.
Return on Investment is likely to drop to -91.7 in 2022. Return on Average Assets is likely to drop to -78.04 in 2022. Ideanomics Total Assets are fairly stable at the moment as compared to the past year. Ideanomics reported Total Assets of 473.44 Million in 2021. Current Assets is likely to rise to about 391.1 M in 2022, whereas Return on Average Assets are likely to drop (78.04)  in 2022.