Ideanomics Return on Invested Capital Trend from 2010 to 2023
IDEX Stock  USD 0.21 0.0012 0.57% 
Ideanomics  Return on Invested Capital 
Check Ideanomics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ideanomics main balance sheet or income statement drivers, such as Direct Expenses of 66.2 M, Cost of Revenue of 90.9 M or Gross Profit of 28.8 M, as well as many exotic indicators such as Long Term Debt to Equity of 0.26, PPandE Turnover of 16.23 or Receivables Turnover of 4.06. Ideanomics financial statements analysis is a perfect complement when working with Ideanomics Valuation or Volatility modules. It can also supplement Ideanomics' financial leverage analysis and stock options assessment as well as various Ideanomics Technical models . Please see the analysis of Ideanomics Correlation against competitors.
Ideanomics Return on Invested Capital Breakdown
Showing smoothed Return on Invested Capital of Ideanomics with missing and latest data points interpolated. Return on Invested Capital is ratio estimated by dividing Earning Before Interest and Taxes EBIT by [InvCapAvg]. [InvCap] is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.Ideanomics' Return on Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ideanomics' overall financial position and show how it may be relating to other accounts over time.
Return on Invested Capital  10 Years Trend 

Return on Invested Capital 
Timeline 
Ideanomics Return on Invested Capital Regression Statistics
Arithmetic Mean  (0.025154)  
Geometric Mean  2.92  
Coefficient Of Variation  (19,027)  
Mean Deviation  3.74  
Median  (1.58)  
Standard Deviation  4.79  
Sample Variance  22.91  
Range  15.87  
RValue  (0.37)  
Mean Square Error  21.46  
RSquared  0.14  
Significance  0.20  
Slope  (0.42)  
Total Sum of Squares  297.79 
Ideanomics Return on Invested Capital History
2013  3.11  
2014  4.06  
2015  7.66  
2016  4.61  
2017  0.74  
2018  0.63  
2019  1.58  
2020  2.35  
2021  3.1  
2022  2.79  
2023  2.86 
About Ideanomics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Ideanomics income statement, its balance sheet, and the statement of cash flows. Ideanomics investors use historical funamental indicators, such as Ideanomics's Return on Invested Capital, to determine how well the company is positioned to perform in the future. Although Ideanomics investors may use each financial statement separately, they are all related. The changes in Ideanomics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ideanomics'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 Ideanomics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Ideanomics. Please read more on our technical analysis and fundamental analysis pages.
Last Reported  Projected for 2023  
Return on Invested Capital  (2.79)  (2.86)  
Invested Capital  143.3 M  154.6 M  
Invested Capital Average  98.5 M  106.3 M  
Market Capitalization  686.8 M  741 M  
Working Capital  312.1 M  336.7 M 
Ideanomics Investors Sentiment
The influence of Ideanomics' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Ideanomics. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Ideanomics' public news can be used to forecast risks associated with investment in Ideanomics. The trend in average sentiment can be used to explain how an investor holding Ideanomics can time the market purely based on public headlines and social activities around Ideanomics. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Ideanomics' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ideanomics' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ideanomics' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ideanomics.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ideanomics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ideanomics' short interest history, or implied volatility extrapolated from Ideanomics options trading.
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Please see the analysis of Ideanomics Correlation against competitors. 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 File Import module to quickly import all of your thirdparty portfolios from your local drive in csv format.
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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 120.8 M  Quarterly Revenue Growth (0.09)  Return On Assets (0.19)  Return On Equity (0.73) 
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.