Ideanomics Stock Price on June 11, 2021
| IDEX Stock | USD 0.90 0.08 9.76% |
Below is the normalized historical share price chart for Ideanomics extending back to July 24, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ideanomics stands at 0.90, as last reported on the 19th of April, with the highest price reaching 0.90 and the lowest price hitting 0.80 during the day.
If you're considering investing in Ideanomics Stock, it is important to understand the factors that can impact its price. Ideanomics holds Efficiency (Sharpe) Ratio of -9.0E-4, which attests that the entity had a -9.0E-4% return per unit of risk over the last 3 months. Ideanomics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Ideanomics' Risk Adjusted Performance of (0.02), standard deviation of 9.3, and Market Risk Adjusted Performance of (0.49) to validate the risk estimate we provide.
At this time, Ideanomics' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 571.7 M in 2024, whereas Common Stock Total Equity is likely to drop 376.91 in 2024. . Price To Sales Ratio is likely to drop to 0.89 in 2024. Price Earnings Ratio is likely to drop to -0.29 in 2024. Ideanomics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 2007 | 200 Day MA 3.1237 | 50 Day MA 1.0098 | Beta 0.57 |
Ideanomics |
Sharpe Ratio = -9.0E-4
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Estimated Market Risk
| 9.09 actual daily | 80 80% of assets are less volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ideanomics 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 Ideanomics by adding Ideanomics to a well-diversified portfolio.
Price Book 0.6484 | Enterprise Value Ebitda (0.13) | Price Sales 0.1138 | Shares Float 11.9 M | Wall Street Target Price 1 |
Ideanomics Valuation on June 11, 2021
It is possible to determine the worth of Ideanomics on a given historical date. On June 11, 2021 Ideanomics was worth 1.05 at the beginning of the trading date compared to the closed value of 141.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ideanomics stock. Still, in general, we apply an absolute valuation method to find Ideanomics' 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 Ideanomics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ideanomics' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 1.05 | 141.25 | 141.25 | 141.25 | 67,328 |
| 1.13 | 135.00 | 135.00 | 135.00 | 69,407 |
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Ideanomics Trading Date Momentum on June 11, 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.Ideanomics Fundamentals Correlations and Trends
By evaluating Ideanomics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ideanomics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ideanomics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ideanomics Stock history
Ideanomics 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 Ideanomics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ideanomics 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 Ideanomics stock prices may prove useful in developing a viable investing in Ideanomics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.2 M | 3.1 M | |
| Net Loss | -234.7 M | -222.9 M |
Ideanomics Stock Technical Analysis
Ideanomics 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.
Price Boundaries
Ideanomics Period Price Range
Low | April 4, 2022
| High |
1.05 | 141.25 |
Ideanomics April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Ideanomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ideanomics shares will generate the highest return on investment. By undertsting and applying Ideanomics stock market strength indicators, traders can identify Ideanomics entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 134.52 | |||
| Day Median Price | 141.25 | |||
| Day Typical Price | 141.25 | |||
| Price Action Indicator | 70.1 | |||
| Period Momentum Indicator | (140.35) |
Ideanomics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ideanomics' price direction in advance. Along with the technical and fundamental analysis of Ideanomics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ideanomics 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.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | (0.50) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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.