Ebix Inc Price on August 10, 2021

EBIXDelisted Stock  USD 1.08  0.02  1.82%   
If you're considering investing in Ebix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ebix stands at 1.08, as last reported on the 25th of April, with the highest price reaching 1.20 and the lowest price hitting 0.97 during the day. Ebix Inc secures Sharpe Ratio (or Efficiency) of -0.27, which denotes the company had a -0.27% return per unit of risk over the last 3 months. Ebix Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ebix's Variance of 405.35, mean deviation of 11.58, and Standard Deviation of 20.13 to check the risk estimate we provide.
  
Ebix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.266

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Estimated Market Risk

 10.17
  actual daily
90
90% of assets are less volatile

Expected Return

 -2.71
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.27
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ebix is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ebix by adding Ebix to a well-diversified portfolio.

Ebix Valuation on August 10, 2021

It is possible to determine the worth of Ebix on a given historical date. On August 10, 2021 Ebix was worth 32.1 at the beginning of the trading date compared to the closed value of 31.97. 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 Ebix 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
04/11/2022
  32.10    33.12    31.91    31.97    269,802  
  33.05    33.44    31.72    31.72    244,352  
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Open Value
32.1
31.97
Closing Value
62.62
Upside

Ebix Trading Date Momentum on August 10, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

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 stock prices may prove useful in developing a viable investing in Ebix
Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, and healthcare 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 10030 people.

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, delisted 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
April 11, 2022
-0.13  -0.4%
High

 32.10 

     

 31.97 

Ebix April 25, 2024 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's price 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 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Consideration for investing in Ebix Stock

If you are still planning to invest in Ebix Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebix's history and understand the potential risks before investing.
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