Ebix Inc Performance
| EBIXDelisted Stock | USD 1.08 0.02 1.82% |
The firm shows a Beta (market volatility) of -1.62, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Ebix are expected to decrease by larger amounts. On the other hand, during market turmoil, Ebix is expected to outperform it. Ebix Inc has an expected return of -2.22%. Please make sure to confirm Ebix Inc maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Ebix Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ebix Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's forward indicators remain fairly strong which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 84 M |
Ebix |
Ebix Relative Risk vs. Return Landscape
If you would invest 242.00 in Ebix Inc on January 19, 2024 and sell it today you would lose (134.00) from holding Ebix Inc or give up 55.37% of portfolio value over 90 days. Ebix Inc is currently does not generate positive expected returns and assumes 9.8011% risk (volatility on return distribution) over the 90 days horizon. In different words, 86% 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. Expected Return |
| 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 = -0.2265
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| Negative Returns | EBIX |
Estimated Market Risk
| 9.8 actual daily | 86 86% of assets are less volatile |
Expected Return
| -2.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ebix is not performing at its full potential. However, 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 Ebix to a well-diversified portfolio.
Ebix Fundamentals Growth
Ebix Stock prices reflect investors' perceptions of the future prospects and financial health of Ebix, and Ebix fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ebix Stock performance.
| Return On Equity | 0.0049 | |||
| Return On Asset | 0.0448 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 627.43 M | |||
| Shares Outstanding | 30.9 M | |||
| Price To Earning | 5.95 X | |||
| Price To Book | 0.09 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 735.63 M | |||
| EBITDA | 130.86 M | |||
| Cash And Equivalents | 87.28 M | |||
| Cash Per Share | 2.82 X | |||
| Total Debt | 657.26 M | |||
| Debt To Equity | 0.96 % | |||
| Book Value Per Share | 19.78 X | |||
| Cash Flow From Operations | 35.9 M | |||
| Earnings Per Share | 0.16 X | |||
| Total Asset | 1.54 B | |||
| Retained Earnings | 814.78 M | |||
| Current Asset | 116.83 M | |||
| Current Liabilities | 51.27 M | |||
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 market performance in a much more refined way. 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.Ebix, Inc., together with its subsidiaries, provides on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, and healthcare 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 10030 people.Things to note about Ebix Inc performance evaluation
Checking the ongoing alerts about Ebix for important developments is a great way to find new opportunities for your next move. 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.| Ebix Inc is not yet fully synchronised with the market data | |
| Ebix Inc generated a negative expected return over the last 90 days | |
| Ebix Inc has high historical volatility and very poor performance | |
| Ebix Inc has some characteristics of a very speculative penny stock | |
| Ebix Inc has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 657.26 M in liabilities with Debt to Equity (D/E) ratio of 0.96, which is about average as compared to similar companies. Ebix Inc has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ebix until it has trouble settling it off, either with new capital or with free cash flow. So, Ebix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ebix Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ebix to invest in growth at high rates of return. When we think about Ebix's use of debt, we should always consider it together with cash and equity. | |
| Over 79.0% of Ebix shares are held by institutions such as insurance companies |
- Analyzing Ebix's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ebix's stock is overvalued or undervalued compared to its peers.
- Examining Ebix's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ebix's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ebix's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ebix's stock. These opinions can provide insight into Ebix's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Ebix Stock
If you are still planning to invest in Ebix Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebix's history and understand the potential risks before investing.
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