Ebix Pretax Profit Margin from 2010 to 2024

EBIX Stock  USD 1.08  0.02  1.82%   
Ebix Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to 0.05 in 2024. During the period from 2010 to 2024, Ebix Pretax Profit Margin regression line of annual values had r-squared of  0.48 and arithmetic mean of  0.22. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.0618
Current Value
0.0514
Quarterly Volatility
0.13886122
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ebix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ebix main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.4 M, Interest Expense of 97.4 M or Total Revenue of 772.4 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.1, Price Earnings Ratio of 10.38 or Price To Sales Ratio of 0.5. Ebix financial statements analysis is a perfect complement when working with Ebix Valuation or Volatility modules.
  
This module can also supplement Ebix's financial leverage analysis and stock options assessment as well as various Ebix Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Latest Ebix's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Ebix Inc over the last few years. It is Ebix's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ebix's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Ebix Pretax Profit Margin Regression Statistics

Arithmetic Mean0.22
Geometric Mean0.17
Coefficient Of Variation62.44
Mean Deviation0.12
Median0.25
Standard Deviation0.14
Sample Variance0.02
Range0.3836
R-Value(0.69)
Mean Square Error0.01
R-Squared0.48
Significance0
Slope(0.02)
Total Sum of Squares0.27

Ebix Pretax Profit Margin History

2024 0.0514
2023 0.0618
2022 0.0686
2021 0.0739
2020 0.15
2019 0.16
2018 0.25

About Ebix Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Ebix income statement, its balance sheet, and the statement of cash flows. Ebix investors use historical funamental indicators, such as Ebix's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Ebix investors may use each financial statement separately, they are all related. The changes in Ebix's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ebix's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Ebix Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ebix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Pretax Profit Margin 0.06  0.05 

Pair Trading with Ebix

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ebix position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ebix will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ebix Stock

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The ability to find closely correlated positions to Ebix could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ebix when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ebix - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ebix Inc to buy it.
The correlation of Ebix is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ebix moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ebix Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ebix can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the 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 Ebix's 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 the 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.
Quarterly Earnings Growth
(0.98)
Earnings Share
0.16
Revenue Per Share
23.851
Quarterly Revenue Growth
(0.54)
Return On Assets
0.0448
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 if Ebix is a good investment 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.