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.
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 0.0We 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
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
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.