Ideanomics Buy Hold or Sell Recommendation

IDEX -- USA Stock  

USD 1.39  0.05  3.73%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Ideanomics is 'Cautious Hold'. Macroaxis provides Ideanomics buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding IDEX positions. The advice algorithm takes into account all of Ideanomics available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from IDEX buy-and-hold prospective. Please also check Ideanomics Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Execute Advice
Sell IdeanomicsBuy Ideanomics
Cautious Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Not Available

Piotroski F Score

Financial Leverage

For the selected time horizon Ideanomics has a mean deviation of 2.84, semi deviation of 0.0, standard deviation of 3.85, variance of 14.84, downside variance of 0.0 and semi variance of 0.0
We provide buy, hold, or sell suggestion to complement the regular expert consensus on Ideanomics. Our dynamic recommendation engine utilizes multi - dimensional algorithm to analyze the organization potential to grow using all technical and fundamental data available at the time. To make sure Ideanomics is not overpriced, please check out all Ideanomics fundamentals including its Cash per Share, Market Capitalization and the relationship between Revenue and Cash Flow from Operations . Given that Ideanomics is a hitting penny stock territory we urge to closely look at its Number of Shares Shorted.

Ideanomics Trading Alerts and Improvement Suggestions

Ideanomics generates negative expected return over the last 30 days
Ideanomics may become a speculative penny stock
Ideanomics has high historical volatility and very poor performance
The company currently holds 25.65 M in liabilities with Debt to Equity (D/E) ratio of 29.0 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ideanomics has Current Ratio of 0.78 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
The company currently holds about 1.06 M in cash with (14.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Roughly 48.0% of Ideanomics shares are held by company insiders
Latest headline from Teradyne, Inc. vs. At Ideanomics, Inc. Which one is Better Stock To Hold - E Globalist

Ideanomics current analysts recommendations

Target Median Price1.38
Target Mean Price1.38
Target High Price1.38
Number Of Analyst Opinions1
Target Low Price1.38

Ideanomics Returns Distribution Density

Mean Return0.2Value At Risk7.59
Potential Upside6.94Standard Deviation3.85
 Return Density 

Ideanomics Greeks

Alpha over DOW
Beta against DOW=0.84
Overall volatility
Information ratio =0.05

Ideanomics Volatility Alert

Ideanomics exhibits very low volatility with skewness of 0.32 and kurtosis of 0.43. However, we advise investors to further study Ideanomics technical indicators to make sure all market info is available and is reliable.
 Better Than Average     
 Worse Than Average Compare Ideanomics to competition

Ideanomics Fundamental Vs Peers

FundamentalsIdeanomicsPeer Average
Return On Equity(0.0237) (0.31) 
Return On Asset(0.0032) (0.14) 
Profit Margin(0.0237) (1.27) 
Operating Margin13.22 (5.51) 
Current Valuation249.22 M16.62 B
Shares Outstanding130.02 M571.82 M
Shares Owned by Insiders48.02 10.09 
Shares Owned by Institutions1.38 39.21 
Number of Shares Shorted2.65 M4.71 M
Price to Earning16.47 28.72 
Price to Book2.14 9.51 
Price to Sales2.18 11.42 
Revenue100.22 M9.43 B
Gross Profit3.17 M27.38 B
EBITDA14.18 M3.9 B
Net Income9.83 M570.98 M
Cash and Equivalents1.06 M2.7 B
Cash per Share0.01 5.01 
Total Debt25.65 M5.32 B
Debt to Equity29.00 48.70 
Current Ratio0.80 2.16 
Book Value Per Share(9.46) 1.93 K
Cash Flow from Operations(14.62 M)971.22 M
Short Ratio4.51 4.00 
Earnings Per Share0.10 3.12 
Number of Employees5018.84 K
Market Capitalization218.44 M19.03 B
Total Asset15.12 M29.47 B
Retained Earnings(29.25 M)9.33 B
Working Capital719.49 K1.48 B
Current Asset6.93 M9.34 B
Current Liabilities6.21 M7.9 B

Ideanomics Market Momentum