Ebix Stock Price on June 1, 2020 Breakdown

EBIX -  USA Stock  

USD 32.90  1.11  3.49%

Ebix Stock price history is provided at the adjusted basis, taking into account all of the recent filings. As of today, the current price of Ebix is  32.90 , as last reported on the 7th of December, with the highest price reaching  34.18  and the lowest price hitting  32.00  during the day.
Ebix appears to be not too volatile, given 3 months investment horizon. Ebix Inc secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had 0.1% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Ebix Inc, which you can use to evaluate the future volatility of the firm. Please utilize Ebix's Mean Deviation of 2.16, downside deviation of 3.54, and Coefficient Of Variation of 2662.82 to check if our risk estimates are consistent with your expectations.

Ebix Stock Price History 

 
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Net Income Common Stock is likely to rise to about 94.9 M in 2021. Price to Book Value is likely to rise to 2.55 in 2021. Price to Earnings Ratio is likely to rise to 14.48 in 2021.

Ebix Main Headline on 1st of June 2020

Ebix Inc dividend paid on 1st of June 2020

Ebix Valuation on June 1, 2020

It is possible to determine the worth of Ebix on a given historical date. On June 1, 2020 Ebix was worth 22.43 at the beginning of the trading date compared to the closed value of 23.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ebix stock. Still, in general, we apply an absolute valuation method to find Ebix's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ebix's related companies.
 Open High Low Close Volume
  22.42    22.74    21.66    21.98    420,000  
06/01/2020
  22.43    23.85    22.19    23.24    317,400  
  23.98    24.49    23.43    23.88    337,400  
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Open Value
22.43
1st of June 2020
23.24
Closing Value
32.36
Upside

Ebix Trading Date Momentum on June 1, 2020

On June 02 2020 Ebix Inc was traded for  23.88  at the closing time. The top price for the day was 24.49  and the lowest listed price was  23.43 . The trading volume for the day was 337.4 K. The trading history from June 2, 2020 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 2.75% . The overall trading delta against the current closing price is 9.08% .

Ebix Inc Fundamentals Correlations and Trends

By evaluating Ebix's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ebix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ebix financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ebix Stock history

Ebix investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ebix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ebix Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ebix historical stock prices may prove useful in developing a viable investing in Ebix
Last ReportedProjected for 2021
Weighted Average Shares30.5 M30.5 M
Weighted Average Shares Diluted30.6 M30.9 M
Issuance Purchase of Equity Shares636 K686.2 K
Ebix, Inc., together with its subsidiaries, provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the United States and internationally. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia. Ebix operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9802 people.

Ebix Quarterly Market Capitalization

833.31 MillionShare

Ebix Stock Technical Analysis

Ebix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ebix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ebix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ebix Period Price Range

Low
June 1, 2020
High

 22.43 

  

 23.24 

0.813.61%

Ebix December 7, 2021 Market Strength

Market strength indicators help investors to evaluate how Ebix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ebix shares will generate the highest return on investment. By undertsting and applying Ebix stock market strength indicators, traders can identify Ebix Inc entry and exit signals to maximize returns

Ebix Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ebix stock's direction in advance. Along with the technical and fundamental analysis of Ebix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ebix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Investing Opportunities. Note that the Ebix Inc information on this page should be used as a complementary analysis to other Ebix's 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Ebix Inc price analysis, check to measure Ebix's 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 Ebix is operating at the current time. Most of Ebix's value examination focuses on studying past and present price action to predict the probability of Ebix's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ebix's price. Additionally, you may evaluate how the addition of Ebix to your portfolios can decrease your overall portfolio volatility.
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Is Ebix's 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 Ebix. If investors know Ebix 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 Ebix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ebix Inc is measured differently than its book value, which is the value of Ebix that is recorded on the company's balance sheet. Investors also form their own opinion of Ebix's value that differs from its market value or its book value, called intrinsic value, which is Ebix's 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 Ebix's market value can be influenced by many factors that don't directly affect Ebix's 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 Ebix's value and its price as these two are different measures arrived at by different means. Investors typically determine Ebix value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebix's 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.