IDEX Stock Analysis

IDEX -  USA Stock  

USD 3.03  0.04  1.30%

The current price rise of Ideanomics may raise some interest from investors. The stock closed today at a share price of 3.03 on 11,635,200 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 9.5. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Ideanomics partners.
Please see Risk vs Return Analysis.

Search Stock Analysis 

 
Refresh
The Ideanomics stock analysis report makes it easy to digest most publicly released information about Ideanomics and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. IDEX stock analysis module also helps to analyze the Ideanomics price relationship with some important fundamental indicators such as market cap and management efficiency.

IDEX Stock Analysis Notes

The company recorded a loss per share of 0.46. Ideanomics had not issued any dividends in recent years. The entity had a split on the 13th of February 2012. Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York. Ideanomics operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 110 people. To learn more about Ideanomics call Brett McGonegal at 212 206 1216 or check out http://www.ideanomics.com.

Ideanomics Quarterly Cost of Revenue

21.87 MillionShare

Ideanomics Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ideanomics' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ideanomics or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ideanomics has very high historical volatility over the last 90 days
Ideanomics is unlikely to experience financial distress in the next 2 years
The company reported the previous year's revenue of 26.76 M. Net Loss for the year was (98.4 M) with profit before overhead, payroll, taxes, and interest of 2.06 M.
Ideanomics currently holds about 165.76 M in cash with (41.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4.
Ideanomics has a poor financial position based on the latest SEC disclosures
Latest headline from www.equities.com: Ideanomics Inc gains 5.5360 percent for June 16 - Equities.com

Ideanomics Upcoming and Recent Events

Earnings reports are used by Ideanomics to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ideanomics previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of August 2021
Next Earnings Report8th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End30th of March 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

IDEX Largest EPS Surprises

Earnings surprises can significantly impact Ideanomics' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2013-09-30
2013-06-30-0.19-0.2217-0.031716 
2017-12-31
2017-09-300.01-0.088-0.098980 
2013-12-31
2013-09-30-0.13-0.2346-0.104680 
View All Earnings Estimates

Ideanomics SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Ideanomics prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Ideanomics investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Ideanomics specific information freely available to individual and institutional investors to make a timely investment decision.
11th of June 2021
Financial Statements and Exhibits. Other Events. Unregistered Sales of Equity Securities. Entry into a Material Definitive Agreement
View
18th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
14th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Entry into a Material Definitive Agreement
View
26th of April 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
14th of April 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
6th of April 2021
Financial Statements and Exhibits. Completion of Acquisition or Disposition of Assets
View
5th of April 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
1st of April 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View

Ideanomics Thematic Classifications

In addition to having Ideanomics stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Communication IdeaCommunication
USA Equities from Communication industry as classified by Fama & French

IDEX Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Ideanomics is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ideanomics backward and forwards among themselves. Ideanomics' institutional investor refers to the entity that pools money to purchase Ideanomics' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Susquehanna International Group LlpCommon Shares5.9 M17.1 M
D E Shaw Co IncCommon Shares4.8 M14 M
Susquehanna International Group LlpPut Options3.7 M10.9 M
Group One Trading LpCall Options2.2 M6.6 M
Mt Bank CorpCommon Shares1.9 M5.6 M
Hrt Financial LpCommon Shares996.1 K2.9 M
Millennium Management LlcCommon Shares846.3 K2.5 M
Exoduspoint Capital Management LpCommon Shares498.7 K1.5 M
Bank Of MontrealCommon Shares434.7 K1.3 M
Note, although Ideanomics' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

IDEX Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.27 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ideanomics's market, we take the total number of its shares issued and multiply it by Ideanomics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

IDEX Profitablity

Ideanomics' profitability indicators refer to fundamental financial ratios that showcase Ideanomics' ability to generate income relative to its revenue or operating costs. If, let's say, Ideanomics is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ideanomics' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ideanomics' profitability requires more research than a typical breakdown of Ideanomics' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2021
Return on Average Assets(0.67) (0.72) 
Return on Average Equity(1.19) (1.29) 
Return on Invested Capital(2.09) (2.15) 
Return on Sales(3.07) (3.32) 

Management Efficiency

The entity has return on total asset (ROA) of (17.24) % which means that it has lost $17.24 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (81.02) %, meaning that it created substantial loss on money invested by shareholders. Ideanomics management efficiency ratios could be used to measure how well ideanomics manages its routine affairs as well as how well it operates its assets and liabilities. Return on Average Assets is likely to drop to -0.72 in 2021. Return on Average Equity is likely to drop to -1.29 in 2021. Ideanomics Total Assets are fairly stable at the moment as compared to the past year. Ideanomics reported Total Assets of 234.41 Million in 2020. Current Assets is likely to rise to about 194 M in 2021, whereas Assets Non Current are likely to drop slightly above 47.4 M in 2021.
Last ReportedProjected for 2021
Book Value per Share 0.87  0.83 
Enterprise Value over EBIT(6.00) (6.47) 
Enterprise Value over EBITDA(6.08) (6.57) 
Price to Book Value 2.55  2.62 
Tangible Assets Book Value per Share 0.95  1.04 
Enterprise Value468.1 M505 M
Tangible Asset Value203.5 M219.6 M

Technical Drivers

As of the 19th of June, Ideanomics retains the Market Risk Adjusted Performance of 0.6622, risk adjusted performance of 0.1351, and Downside Deviation of 7.29. Ideanomics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Ideanomics, which can be compared to its competitors. Please check out Ideanomics variance, as well as the relationship between the value at risk and skewness to decide if Ideanomics is priced fairly, providing market reflects its last-minute price of 3.03 per share. Given that Ideanomics has jensen alpha of 1.15, we strongly advise you to confirm Ideanomics's regular market performance to make sure the company can sustain itself at a future point.

Ideanomics Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of two hundred thirty. View also all equity analysis or get more info about mavp overlap studies indicator.

Ideanomics Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ideanomics insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ideanomics' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ideanomics insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Ideanomics Predictive Daily Indicators

Ideanomics intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ideanomics stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Ideanomics Forecast Models

Ideanomics time-series forecasting models is one of many Ideanomics' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ideanomics' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Ideanomics Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Ideanomics stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling IDEX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Ideanomics. By using and applying IDEX Stock analysis, traders can create a robust methodology for identifying IDEX entry and exit points for their positions.
Last ReportedProjected for 2021
EBITDA Margin(2.88) (3.10) 
Gross Margin 0.08  0.08 
Profit Margin(3.97) (4.28) 
Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York. Ideanomics operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.

Current IDEX Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. IDEX analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. IDEX analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
7.0Strong Buy1Odds
Ideanomics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most IDEX analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand IDEX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ideanomics, talking to its executives and customers, or listening to IDEX conference calls.
IDEX Analyst Advice Details

IDEX Stock Analysis Indicators

Ideanomics stock analysis indicators help investors evaluate how Ideanomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ideanomics shares will generate the highest return on investment. By understating and applying Ideanomics stock analysis, traders can identify Ideanomics position entry and exit signals to maximize returns.
Quick Ratio13.28
Fifty Two Week Low0.8000
Revenue Growth17,753.20%
Shares Short Prior Month31.17M
Average Daily Volume Last 10 Day23.72M
Average Daily Volume In Three Month20.61M
Shares Percent Shares Out8.77%
Gross Margins7.69%
Short Percent Of Float8.97%
Forward Price Earnings-43.29
Float Shares371.88M
Fifty Two Week High5.5300
Enterprise Value To Ebitda-21.38
Fifty Day Average2.8494
Two Hundred Day Average2.9899
Enterprise Value To Revenue35.56
Please see Risk vs Return Analysis. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Equity Search
Search for activelly-traded equities including funds and ETFs from over 30 global markets
Go
The market value of Ideanomics is measured differently than its book value, which is the value of IDEX 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 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.