Ebix Inc Chance of Future Stock Price Finishing Under 12.50
| EBIXDelisted Stock | USD 1.08 0.02 1.82% |
Ebix |
Ebix Target Price Odds to finish below 12.50
The tendency of Ebix Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 12.50 after 90 days |
| 1.08 | 90 days | 12.50 | close to 99 |
Based on a normal probability distribution, the odds of Ebix to stay under $ 12.50 after 90 days from now is close to 99 (This Ebix Inc probability density function shows the probability of Ebix Stock to fall within a particular range of prices over 90 days) . Probability of Ebix Inc price to stay between its current price of $ 1.08 and $ 12.50 at the end of the 90-day period is about 88.8 .
Given the investment horizon of 90 days the stock has the beta coefficient of 3.88 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ebix will likely underperform. Additionally Ebix Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Ebix Price Density |
| Price |
Predictive Modules for Ebix
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ebix Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that 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.
Ebix Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ebix is not an exception. The market had few large corrections towards the Ebix's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ebix Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ebix within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.51 | |
β | Beta against NYSE Composite | 3.88 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | -0.01 |
Ebix Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ebix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ebix Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ebix Inc is not yet fully synchronised with the market data | |
| Ebix Inc generated a negative expected return over the last 90 days | |
| Ebix Inc has high historical volatility and very poor performance | |
| Ebix Inc has some characteristics of a very speculative penny stock | |
| Ebix Inc has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 657.26 M in liabilities with Debt to Equity (D/E) ratio of 0.96, which is about average as compared to similar companies. Ebix Inc has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ebix until it has trouble settling it off, either with new capital or with free cash flow. So, Ebix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ebix Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ebix to invest in growth at high rates of return. When we think about Ebix's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of Ebix shares are held by institutions such as insurance companies |
Ebix Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ebix Stock often depends not only on the future outlook of the current and potential Ebix's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ebix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.8 M | |
| Cash And Short Term Investments | 128.1 M |
Ebix Technical Analysis
Ebix's future price can be derived by breaking down and analyzing its technical indicators over time. Ebix Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ebix Inc. In general, you should focus on analyzing Ebix Stock price patterns and their correlations with different microeconomic environments and drivers.
Ebix Predictive Forecast Models
Ebix's time-series forecasting models is one of many Ebix's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ebix's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ebix Inc
Checking the ongoing alerts about Ebix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ebix Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ebix Inc is not yet fully synchronised with the market data | |
| Ebix Inc generated a negative expected return over the last 90 days | |
| Ebix Inc has high historical volatility and very poor performance | |
| Ebix Inc has some characteristics of a very speculative penny stock | |
| Ebix Inc has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 657.26 M in liabilities with Debt to Equity (D/E) ratio of 0.96, which is about average as compared to similar companies. Ebix Inc has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ebix until it has trouble settling it off, either with new capital or with free cash flow. So, Ebix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ebix Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ebix to invest in growth at high rates of return. When we think about Ebix's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of Ebix shares are held by institutions such as insurance companies |
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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in Ebix Stock
If you are still planning to invest in Ebix Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebix's history and understand the potential risks before investing.
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