Ideanomics Working Capital vs. Market Capitalization
| IDEX Stock | USD 0.83 0.07 7.78% |
Working Capital | First Reported 2010-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
For Ideanomics profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ideanomics to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ideanomics utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ideanomics's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ideanomics over time as well as its relative position and ranking within its peers.
Ideanomics |
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.
Earnings Share (55.95) | Revenue Per Share 11.571 | Quarterly Revenue Growth (0.92) | Return On Assets (0.35) | Return On Equity (2.34) |
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 if Ideanomics is a good investment 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 Market Capitalization vs. Working Capital Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ideanomics's current stock value. Our valuation model uses many indicators to compare Ideanomics value to that of its competitors to determine the firm's financial worth. Ideanomics is currently regarded as number one stock in working capital category among related companies. It is currently regarded as number one stock in market capitalization category among related companies creating about 0.29 of Market Capitalization per Working Capital. The ratio of Working Capital to Market Capitalization for Ideanomics is roughly 3.45 . At this time, Ideanomics' Working Capital is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Ideanomics by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ideanomics' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Ideanomics' earnings, one of the primary drivers of an investment's value.Ideanomics Market Capitalization vs. Working Capital
Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Ideanomics |
| = | 37.18 M |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Ideanomics |
| = | 10.78 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Ideanomics Market Capitalization vs Competition
Ideanomics is currently regarded as number one stock in market capitalization category among related companies. Market capitalization of Information Technology industry is currently estimated at about 291.41 Billion. Ideanomics adds roughly 10.78 Million in market capitalization claiming only tiny portion of equities under Information Technology industry.
Ideanomics Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ideanomics, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ideanomics will eventually generate negative long term returns. The profitability progress is the general direction of Ideanomics' change in net profit over the period of time. It can combine multiple indicators of Ideanomics, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 199.8 K | 209.8 K | |
| Operating Income | -160.3 M | -152.3 M | |
| Income Before Tax | -357.1 M | -339.2 M | |
| Total Other Income Expense Net | -193.8 M | -184.1 M | |
| Net Loss | -339.8 M | -322.8 M | |
| Income Tax Expense | -10.6 M | -10.1 M | |
| Net Loss | -343.5 M | -326.3 M | |
| Non Operating Income Net Other | -2.9 M | -3 M | |
| Net Loss | -234.7 M | -222.9 M | |
| Interest Income | 1.4 M | 1.3 M | |
| Net Interest Income | -2.9 M | -3.1 M | |
| Change To Netincome | 142.3 M | 149.4 M | |
| Net Loss | (74.89) | (78.63) | |
| Income Quality | 0.41 | 0.30 | |
| Net Income Per E B T | 0.87 | 0.73 |
Ideanomics Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ideanomics. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ideanomics position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ideanomics' important profitability drivers and their relationship over time.
Use Ideanomics in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ideanomics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ideanomics will appreciate offsetting losses from the drop in the long position's value.Ideanomics Pair Trading
Ideanomics Pair Trading Analysis
The ability to find closely correlated positions to Ideanomics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ideanomics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ideanomics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ideanomics to buy it.
The correlation of Ideanomics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ideanomics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ideanomics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ideanomics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Ideanomics position
In addition to having Ideanomics in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Risk vs Return Analysis. For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.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 the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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 the 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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To fully project Ideanomics' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ideanomics at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ideanomics' income statement, its balance sheet, and the statement of cash flows.