Ideanomics Stock Market Value

IDEX
 Stock
  

USD 0.25  0.02  7.41%   

Ideanomics' market value is the price at which a share of Ideanomics stock trades on a public exchange. It measures the collective expectations of Ideanomics investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Ideanomics and determine expected loss or profit from investing in Ideanomics over a given investment horizon. Please see Ideanomics Correlation, Ideanomics Volatility and Ideanomics Alpha and Beta module to complement your research on Ideanomics.
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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.
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 Ideanomics value 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.

Ideanomics '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 Ideanomics' 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 Ideanomics.
0.00
05/15/2021
No Change 0.00  0.0 
In 1 year 4 months and 26 days
10/07/2022
0.00
If you would invest  0.00  in Ideanomics on May 15, 2021 and sell it all today you would earn a total of 0.00 from holding Ideanomics or generate 0.0% return on investment in Ideanomics over 510 days. Ideanomics is related to or competes with Amazon. Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and dev... More

Ideanomics 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 Ideanomics' 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 Ideanomics upside and downside potential and time the market with a certain degree of confidence.

Ideanomics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ideanomics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ideanomics' standard deviation. In reality, there are many statistical measures that can use Ideanomics historical prices to predict the future Ideanomics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Ideanomics' 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 Ideanomics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.010.265.00
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.466.20
Details
1 Analysts
Consensus
LowTarget PriceHigh
5.005.005.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ideanomics. Your research has to be compared to or analyzed against Ideanomics' peers to derive any actionable benefits. When done correctly, Ideanomics' 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 Ideanomics.

Ideanomics Backtested Returns

Ideanomics holds Efficiency (Sharpe) Ratio of -0.29, which attests that the entity had -0.29% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ideanomics exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Ideanomics market risk adjusted performance of (1.32), and Risk Adjusted Performance of (0.33) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.9817, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Ideanomics's beta means in this case. Ideanomics returns are very sensitive to returns on the market. As the market goes up or down, Ideanomics is expected to follow. Even though it is essential to pay attention to Ideanomics 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. Ideanomics exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Ideanomics has an expected return of -1.34%. Please be advised to check out Ideanomics jensen alpha and the relationship between the value at risk and day median price to decide if Ideanomics performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.84  

Very good predictability

Ideanomics has very good predictability. Overlapping area represents the amount of predictability between Ideanomics time series from 15th of May 2021 to 25th of January 2022 and 25th of January 2022 to 7th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ideanomics price movement. The serial correlation of 0.84 indicates that around 84.0% of current Ideanomics price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.81
Residual Average0.0
Price Variance0.04

Ideanomics lagged returns against current returns

Autocorrelation, which is Ideanomics 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 Ideanomics' stock expected returns. We can calculate the autocorrelation of Ideanomics returns to help us make a trade decision. For example, suppose you find that Ideanomics 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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Ideanomics 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 Ideanomics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ideanomics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ideanomics stock over time.
   Current vs Lagged Prices   
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       Timeline  

Ideanomics Lagged Returns

When evaluating Ideanomics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ideanomics stock have on its future price. Ideanomics 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, Ideanomics autocorrelation shows the relationship between Ideanomics stock current value and its past values and can show if there is a momentum factor associated with investing in Ideanomics.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Ideanomics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Ideanomics' short interest history, or implied volatility extrapolated from Ideanomics options trading.

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Please see Ideanomics Correlation, Ideanomics Volatility and Ideanomics Alpha and Beta module to complement your research on Ideanomics. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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 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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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.
A focus of Ideanomics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ideanomics 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...