Ibex Limited (NASDAQ:IBEX) high volatility trend continues
 | By Raphi Shpitalnik | Macroaxis Story |
Given the investment horizon of 90 days, Ibex Limited is expected to under-perform the market. In addition to that, the company is 7.83 times more volatile than its market benchmark. It trades about 0.0 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of volatility. As many old-fashioned traders are trying to avoid technology space, it makes sense to break down Ibex Limited Common a little further and try to understand its current volatility patterns. We will evaluate if the latest Ibex Limited price volatility suggests a bounce in October. The current Ibex Limited risk factors may impact the value of the stock as we estimate Ibex Limited as currently undervalued. The real value is approaching 16.56 per share.
Macroaxis uses a strict editorial review process to publish stories and blog posts. Our publishers support our company and may receive a small commission when the partner links or references are utilized. Commissions do not affect the opinions or evaluations of our editorial team. The information our editors and media partners deliver is confidential and licensed for your sole use as a Macroaxis user. We reserve all rights to the content of this article, and therefore copying or distributing this story in whole or in part is strictly prohibited.
Reviewed by Gabriel Shpitalnik
Ibex Limited Common currently holds about 10.25 M in cash with 39.67 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.01. The company retains a Market Volatility (i.e. Beta) of 0.6903, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Ibex Limited's beta means in this case. As returns on the market increase, Ibex Limited returns are expected to increase less than the market. However, during the bear market, the loss on holding Ibex Limited will be expected to be smaller as well. Even though it is essential to pay attention to Ibex Limited Common current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Ibex Limited Common exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Ibex Limited Common has an expected return of -0.0262%. Please be advised to check out Ibex Limited value at risk, and the relationship between the jensen alpha and skewness to decide if Ibex Limited Common stock performance from the past will be repeated at some point in the near future. Volatility is a rate at which the price of IBEX or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of IBEX may increase or decrease. In other words, similar to IBEX's beta indicator, it measures the risk of IBEX and helps estimate the fluctuations that may happen in a short period of time. So if prices of IBEX fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.
How important is IBEX's Liquidity
IBEX financial leverage refers to using borrowed capital as a funding source to finance IBEX ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. IBEX financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to IBEX's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of IBEX's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between IBEX's total debt and its cash.
IBEX Gross Profit
IBEX Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing IBEX previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show IBEX Gross Profit growth over the last 10 years. Please check IBEX's gross profit and other fundamental indicators for more details.
IBEX Volatility Drivers
IBEX unsystematic risk is unique to IBEX and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in IBEX you can also buy CACI International. You can also mitigate this risk by investing in the information technology sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing IBEX important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in IBEX income statement and balance sheet. Here are more details about IBEX volatility.Click cells to compare fundamentals
What is driving IBEX Investor Appetite?
The company reported the previous year's revenue of 392.17 M. Net Income was 6.93 M with profit before overhead, payroll, taxes, and interest of 85.91 M.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of IBEX. Please refer to our Terms of Use for any information regarding our disclosure principles.