Ideanomics Stock Probability of Future Stock Price Finishing Over 7.0

IDEX Stock  USD 0.95  0.05  5.56%   
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, 2024-04-19 CALL at $1.0 is a CALL option contract on Ideanomics' common stock with a strick price of 1.0 expiring on 2024-04-19. The contract was last traded on 2024-03-28 at 14:29:02 for $0.1 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.15. The implied volatility as of the 29th of March is 131.58. View All Ideanomics options

Closest to current price Ideanomics long CALL Option Payoff at Expiration

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. Check out Ideanomics Backtesting, Ideanomics Valuation, Ideanomics Correlation, Ideanomics Hype Analysis, Ideanomics Volatility, Ideanomics History as well as Ideanomics Performance.
For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.
  
Price Earnings Ratio is likely to drop to -0.29 in 2024. Price To Sales Ratio is likely to drop to 0.89 in 2024. Please specify Ideanomics' target price for which you would like Ideanomics odds to be computed.

Ideanomics Target Price Odds to finish over 7.0

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 over $ 7.00  or more in 90 days
 0.95 90 days 7.00 
close to zero percent
Based on a normal probability distribution, the odds of Ideanomics to move over $ 7.00  or more in 90 days from now is close to zero percent (This Ideanomics probability density function shows the probability of Ideanomics Stock to fall within a particular range of prices over 90 days) . Probability of Ideanomics price to stay between its current price of $ 0.95  and $ 7.00  at the end of the 90-day period is about 78.51 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.4 . 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 Ideanomics has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company 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 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 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.
Hype
Prediction
LowEstimatedHigh
0.050.9510.52
Details
Intrinsic
Valuation
LowRealHigh
0.050.9110.48
Details
Naive
Forecast
LowNextHigh
0.021.0510.62
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
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 toward 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
-0.82
β
Beta against NYSE Composite1.40
σ
Overall volatility
0.38
Ir
Information ratio -0.08

Ideanomics 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 Ideanomics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ideanomics can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Ideanomics generated a negative expected return over the last 90 days
Ideanomics has high historical volatility and very poor performance
Ideanomics has some characteristics of a very speculative penny stock
Ideanomics has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 93.64 M. Net Loss for the year was (339.82 M) with loss before overhead, payroll, taxes, and interest of (815 K).
Ideanomics currently holds about 25.19 M in cash with (65.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Roughly 19.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: SIMPLY SOLVENTLESS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS FOR PROCEEDS OF UP TO 500,000

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 Outstanding3.6 M
Cash And Short Term Investments269.9 M

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 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 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.

Things to note about Ideanomics

Checking the ongoing alerts about Ideanomics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ideanomics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Ideanomics generated a negative expected return over the last 90 days
Ideanomics has high historical volatility and very poor performance
Ideanomics has some characteristics of a very speculative penny stock
Ideanomics has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 93.64 M. Net Loss for the year was (339.82 M) with loss before overhead, payroll, taxes, and interest of (815 K).
Ideanomics currently holds about 25.19 M in cash with (65.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05.
Roughly 19.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: SIMPLY SOLVENTLESS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS FOR PROCEEDS OF UP TO 500,000
When determining whether Ideanomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ideanomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ideanomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ideanomics Stock:
Check out Ideanomics Backtesting, Ideanomics Valuation, Ideanomics Correlation, Ideanomics Hype Analysis, Ideanomics Volatility, Ideanomics History as well as Ideanomics Performance.
For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.
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 the Commodity Directory module to find actively traded commodities issued by global 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 the 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.
Earnings Share
(55.95)
Revenue Per Share
11.571
Quarterly Revenue Growth
(0.92)
Return On Assets
(0.35)
Return On Equity
(2.34)
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 if Ideanomics is a good investment 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.