Ebix Stock Market Value

EBIX -  USA Stock  

USD 30.56  1.16  3.66%

Ebix's market value is the price at which a share of Ebix stock trades on a public exchange. It measures the collective expectations of Ebix Inc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ebix Inc and determine expected loss or profit from investing in Ebix over a given investment horizon. Continue to Ebix Hype Analysis, Ebix Correlation, Ebix Valuation, Ebix Volatility, as well as analyze Ebix Alpha and Beta and Ebix Performance.
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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.

Ebix 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ebix's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ebix.
0.00
12/11/2019
No Change 0.00  0.0 
In 1 year 11 months and 22 days
11/30/2021
0.00
If you would invest  0.00  in Ebix on December 11, 2019 and sell it all today you would earn a total of 0.00 from holding Ebix Inc or generate 0.0% return on investment in Ebix over 720 days. Ebix is related to or competes with Absolute Software. Ebix, Inc., together with its subsidiaries, provides on-demand software and e-commerce services and solutions to insuran...

Ebix Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ebix's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ebix Inc upside and downside potential and time the market with a certain degree of confidence.

Ebix Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ebix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ebix's standard deviation. In reality, there are many statistical measures that can use Ebix historical prices to predict the future Ebix's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ebix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Ebix in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
27.5530.5533.55
Details
Intrinsic
Valuation
LowReal ValueHigh
29.9332.9335.93
Details
Naive
Forecast
LowNext ValueHigh
25.7228.7231.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
30.3735.0539.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ebix. Your research has to be compared to or analyzed against Ebix's peers to derive any actionable benefits. When done correctly, Ebix's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Ebix Inc.

Ebix Inc Backtested Returns

We consider Ebix very steady. Ebix Inc secures Sharpe Ratio (or Efficiency) of 0.0445, which denotes the company had 0.0445% 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-one technical indicators for Ebix Inc, which you can use to evaluate the future volatility of the firm. Please confirm Ebix Inc Downside Deviation of 3.5, coefficient of variation of 2085.6, and Mean Deviation of 2.06 to check if the risk estimate we provide is consistent with the expected return of 0.13%.
Ebix has performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.4988, which means a somewhat significant risk relative to the market. Let's try to break down what Ebix's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ebix will likely underperform. Although it is extremely important to respect Ebix Inc historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Ebix Inc technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Ebix Inc right now shows a risk of 3.0%. Please confirm Ebix Inc information ratio, as well as the relationship between the potential upside and kurtosis to decide if Ebix Inc will be following its price patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   0.68   

Good predictability

Ebix Inc has good predictability. Overlapping area represents the amount of predictability between Ebix time series from 11th of December 2019 to 5th of December 2020 and 5th of December 2020 to 30th of November 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ebix Inc price movement. The serial correlation of 0.68 indicates that around 68.0% of current Ebix price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.26
Residual Average0.0
Price Variance41.4

Ebix Inc lagged returns against current returns

Autocorrelation, which is Ebix stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ebix's stock expected returns. We can calculate the autocorrelation of Ebix returns to help us make a trade decision. For example, suppose you find that Ebix stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Ebix regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ebix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ebix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ebix stock over time.
 Current vs Lagged Prices 
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      Timeline 

Ebix Lagged Returns

When evaluating Ebix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ebix stock have on its future price. Ebix autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ebix autocorrelation shows the relationship between Ebix stock current value and its past values and can show if there is a momentum factor associated with investing in Ebix Inc.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ebix without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Continue to Ebix Hype Analysis, Ebix Correlation, Ebix Valuation, Ebix Volatility, as well as analyze Ebix Alpha and Beta and Ebix Performance. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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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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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...