Idex Corporation Stock Price on April 22, 2024
| IEX Stock | USD 220.42 0.21 0.1% |
Below is the normalized historical share price chart for IDEX Corporation extending back to June 02, 1989. 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 IDEX stands at 220.42, as last reported on the 6th of May, with the highest price reaching 221.72 and the lowest price hitting 219.23 during the day.
If you're considering investing in IDEX Stock, it is important to understand the factors that can impact its price. We consider IDEX very steady. IDEX holds Efficiency (Sharpe) Ratio of 0.016, which attests that the entity had a 0.016% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for IDEX, which you can use to evaluate the volatility of the firm. Please check out IDEX's Market Risk Adjusted Performance of 0.0599, semi deviation of 0.9496, and Risk Adjusted Performance of 0.0433 to validate if the risk estimate we provide is consistent with the expected return of 0.016%.
At this time, IDEX's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 82.3 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (330.6 M). . At this time, IDEX's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 4.87 in 2024, whereas Price Earnings Ratio is likely to drop 18.91 in 2024. IDEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 1991 | 200 Day MA 216.7748 | 50 Day MA 235.3708 | Beta 0.967 |
IDEX |
Sharpe Ratio = 0.016
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| Negative Returns | IEX |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average IDEX is performing at about 1% of its full potential. 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 IDEX by adding it to a well-diversified portfolio.
Price Book 4.9728 | Enterprise Value Ebitda 19.2118 | Price Sales 5.3791 | Shares Float 75.5 M | Dividend Share 1.92 |
IDEX Main Headline on 22nd of April 2024
Should You Buy IDEX Ahead of Earnings by zacks.com
IDEX is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
IDEX Valuation on April 22, 2024
It is possible to determine the worth of IDEX on a given historical date. On April 22, 2024 IDEX was worth 227.66 at the beginning of the trading date compared to the closed value of 229.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of IDEX stock. Still, in general, we apply an absolute valuation method to find IDEX'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 IDEX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against IDEX's related companies.
| Open | High | Low | Close | Volume | |
| 227.05 | 228.35 | 226.00 | 227.04 | 244,270 | |
04/22/2024 | 227.66 | 231.55 | 227.61 | 229.89 | 348,338 |
| 231.45 | 233.46 | 231.09 | 232.27 | 381,827 |
| Backtest IDEX | | | IDEX History | | | IDEX Valuation | Previous | Next |
IDEX Trading Date Momentum on April 22, 2024
| On April 23 2024 IDEX Corporation was traded for 232.27 at the closing time. Highest IDEX's price during the trading hours was 233.46 and the lowest price during the day was 231.09 . The net volume was 381.8 K. The overall trading history on the 23rd of April contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 1.04% . The trading delta at closing time to current price is 2.70% . |
IDEX Fundamentals Correlations and Trends
By evaluating IDEX'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 IDEX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. IDEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About IDEX Stock history
IDEX 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 IDEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in IDEX 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 IDEX stock prices may prove useful in developing a viable investing in IDEX
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75.9 M | 82.3 M | |
| Net Income Applicable To Common Shares | 674.9 M | 708.7 M |
IDEX Quarterly Net Working Capital |
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IDEX Stock Technical Analysis
IDEX 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
IDEX Period Price Range
Low | April 22, 2024
| High |
227.66 | 229.89 |
IDEX May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how IDEX stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IDEX shares will generate the highest return on investment. By undertsting and applying IDEX stock market strength indicators, traders can identify IDEX Corporation entry and exit signals to maximize returns
| Accumulation Distribution | 5927.24 | |||
| Daily Balance Of Power | 0.566 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 229.58 | |||
| Day Typical Price | 229.68 | |||
| Price Action Indicator | 1.42 | |||
| Period Momentum Indicator | (9.47) | |||
| Relative Strength Index | 28.37 |
IDEX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for IDEX's price direction in advance. Along with the technical and fundamental analysis of IDEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of IDEX 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 | 0.0433 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0499 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDEX Corporation. 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. Note that the IDEX information on this page should be used as a complementary analysis to other IDEX'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 the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for IDEX Stock analysis
When running IDEX's price analysis, check to measure IDEX'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 IDEX is operating at the current time. Most of IDEX's value examination focuses on studying past and present price action to predict the probability of IDEX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEX's price. Additionally, you may evaluate how the addition of IDEX to your portfolios can decrease your overall portfolio volatility.
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Is IDEX'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 IDEX. If investors know IDEX 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 IDEX listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1.92 | Earnings Share 7.6 | Revenue Per Share 42.698 | Quarterly Revenue Growth (0.05) |
The market value of IDEX is measured differently than its book value, which is the value of IDEX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEX's value that differs from its market value or its book value, called intrinsic value, which is IDEX'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 IDEX's market value can be influenced by many factors that don't directly affect IDEX'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 IDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEX'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.