Ebix Stock Technical Analysis

EBIX -  USA Stock  

USD 31.63  3.66  10.37%

As of the 28th of November, Ebix shows the Coefficient Of Variation of 1646.77, mean deviation of 2.11, and Downside Deviation of 3.51. Ebix Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Ebix Inc, which can be compared to its rivals. Please confirm Ebix Inc information ratio, as well as the relationship between the potential upside and kurtosis to decide if Ebix Inc is priced favorably, providing market reflects its regular price of 31.63 per share. Given that Ebix has jensen alpha of 0.247, we urge you to verify Ebix Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Ebix Technical Analysis 

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

Ebix Inc Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ebix Inc volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Ebix Inc Trend Analysis

Use this graph to draw trend lines for Ebix Inc. You can use it to identify possible trend reversals for Ebix as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ebix price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ebix Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ebix Inc applied against its price change over selected period. The best fit line has a slop of   0.18  , which means Ebix Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1208.72, which is the sum of squared deviations for the predicted Ebix price change compared to its average price change.

About Ebix Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ebix Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ebix Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ebix Inc stock first instead of the macroeconomic environment surrounding Ebix Inc. By analyzing Ebix's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ebix's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ebix specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2020 2021 (projected)
Long Term Debt to Equity1.461.261.11.18
Interest Coverage5.743.734.014.11

Ebix November 28, 2021 Technical Indicators

Most technical analysis of Ebix help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ebix from various momentum indicators to cycle indicators. When you analyze Ebix charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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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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Is Ebix's 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 Ebix. If investors know Ebix 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 Ebix 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 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's 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 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.