Ebix Stock Performance

EBIX -  USA Stock  

USD 29.87  0.92  2.99%

Ebix has performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.0058, 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 0.0949% will be sustainable into the future. Ebix Inc right now shows a risk of 2.24%. 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.

Ebix Stock Performance 

 
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 Ebix Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Ebix Inc are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong forward indicators, Ebix is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more

Ebix Price Channel

Quick Ratio1.50
Fifty Two Week Low17.83
Target High Price75.00
Fifty Two Week High64.14
Payout Ratio11.28%
Trailing Annual Dividend Yield1.01%
Target Low Price40.50

Ebix Relative Risk vs. Return Landscape

If you would invest  2,946  in Ebix Inc on July 23, 2021 and sell it today you would earn a total of  133.00  from holding Ebix Inc or generate 4.51% return on investment over 90 days. Ebix Inc is currently generating 0.0949% in daily expected returns and assumes 2.2439% risk (volatility on return distribution) over the 90 days horizon. In different words, 19% of stocks are less volatile than Ebix, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Ebix is expected to generate 3.12 times more return on investment than the market. However, the company is 3.12 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Ebix Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ebix's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ebix Inc, and traders can use it to determine the average amount a Ebix's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0423

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Estimated Market Risk
 2.24
  actual daily
 
 19 %
of total potential
 
1919
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average Ebix is performing at about 3% 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 Ebix by adding it to a well-diversified portfolio.

About Ebix Performance

To evaluate Ebix Inc Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ebix generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ebix Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ebix Inc stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Ebix's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Effect of Exchange Rate Changes on Cash-4.8 M-4.9 M
Return on Investment 9.77  14.39 
Return on Average Assets 0.05  0.08 
Return on Average Equity 0.16  0.17 
Return on Invested Capital 0.14  0.14 
Return on Sales 0.21  0.25 
Ebix, Inc., together with its subsidiaries, provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries in the United States and internationally. Ebix, Inc. was founded in 1976 and is headquartered in Johns Creek, Georgia. Ebix operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 9802 people.

Things to note about Ebix Inc

Checking the ongoing alerts about Ebix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ebix Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Continue to Investing Opportunities. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for Ebix Stock analysis

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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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 Inc underlying business (such as 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.