Ideanomics Stock Probability of Future Stock Price Finishing Over 0.19

IDEX Stock  USD 0.19  0.01  5.00%   
Ideanomics' future price is the expected price of Ideanomics instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Ideanomics performance during a given time horizon utilizing its historical volatility. Ideanomics Price to Book Value is fairly stable at the moment as compared to the past year. Ideanomics reported Price to Book Value of 1.48 in 2022. Price to Sales Ratio is likely to rise to 4.35 in 2023, whereas Price to Earnings Ratio are likely to drop (2.04)  in 2023.
  
Ideanomics' implied volatility is one of the determining factors in the pricing options written on Ideanomics. Implied volatility approximates the future value of Ideanomics based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Ideanomics over a specific time period. For example, 2023-02-17 CALL at $0.5 is a CALL option contract on Ideanomics' common stock with a strick price of 0.5 expiring on 2023-02-17. The contract was last traded on 2023-01-26 at 15:59:43 for $0.01 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $0.0, and an ask price of $0.01. The implied volatility as of the 27th of January is 302.1147. View All Ideanomics options

Closest to current price Ideanomics long CALL Option Payoff at Expiration

Please see Ideanomics Backtesting, Ideanomics Valuation, Ideanomics Correlation, Ideanomics Hype Analysis, Ideanomics Volatility, Ideanomics History as well as Ideanomics Performance. Please specify Ideanomics time horizon, a valid symbol (red box) and a target price (blue box) you would like Ideanomics odds to be computed.

Ideanomics Target Price Odds to finish over 0.19

The tendency of Ideanomics 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 0.19 90 days 0.19 
about 75.88
Based on a normal probability distribution, the odds of Ideanomics to move above the current price in 90 days from now is about 75.88 (This Ideanomics probability density function shows the probability of Ideanomics Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.26 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ideanomics will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Ideanomics is significantly underperforming NYSE Composite.
   Ideanomics Price Density   
       Price  

Predictive Modules for Ideanomics

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ideanomics. Regardless of method or technology, however, to accurately forecast the stock or bond 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, 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.
Hype
Prediction
LowEstimated ValueHigh
0.010.205.83
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.397.02
Details
Naive
Forecast
LowNext ValueHigh
0.0035380.185.81
Details
1 Analysts
Consensus
LowTarget PriceHigh
5.005.005.00
Details
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 Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Ideanomics is not an exception. The market had few large corrections towards the Ideanomics' 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 Ideanomics, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ideanomics within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.51
β
Beta against NYSE Composite1.26
σ
Overall volatility
0.042743
Ir
Information ratio -0.07

Ideanomics 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 Ideanomics Stock often depends not only on the future outlook of the current and potential Ideanomics' 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. Ideanomics' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding447.8 M
Cash And Short Term Investments269.9 K

Ideanomics Technical Analysis

Ideanomics' future price can be derived by breaking down and analyzing its technical indicators over time. Ideanomics Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ideanomics. In general, you should focus on analyzing Ideanomics Stock price patterns and their correlations with different microeconomic environments and drivers.

Ideanomics Predictive Forecast Models

Ideanomics time-series forecasting models is one of many Ideanomics' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Ideanomics' 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.

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 decision-making process regarding taking a position in Ideanomics. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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.
Please see Ideanomics Backtesting, Ideanomics Valuation, Ideanomics Correlation, Ideanomics Hype Analysis, Ideanomics Volatility, Ideanomics History as well as Ideanomics Performance. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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
112.1 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.