Ideanomics Stock Z Score

IDEX Stock  USD 0.01  0.01  51.92%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Ideanomics Piotroski F Score and Ideanomics Valuation analysis.
For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.
  
At this time, Ideanomics' Capital Surpluse is fairly stable compared to the past year. Additional Paid In Capital is likely to rise to about 190.7 M in 2024, whereas Net Invested Capital is likely to drop slightly above 6 M in 2024. At this time, Ideanomics' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 4.5 M in 2024, whereas Total Revenue is likely to drop slightly above 14.7 M in 2024.

Ideanomics Company Z Score Analysis

Ideanomics' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Ideanomics Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Ideanomics is extremely important. It helps to project a fair market value of Ideanomics Stock properly, considering its historical fundamentals such as Z Score. Since Ideanomics' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ideanomics' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ideanomics' interrelated accounts and indicators.
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

According to the company's disclosures, Ideanomics has a Z Score of 0.0. This is 100.0% lower than that of the Software sector and about the same as Information Technology (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Ideanomics Institutional Holders

Institutional Holdings refers to the ownership stake in Ideanomics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ideanomics' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ideanomics' value.
Shares
Northern Trust Corp2024-09-30
0.0
Citadel Advisors Llc2024-06-30
0.0
Morgan Stanley - Brokerage Accounts2024-09-30
0.0
Lindbrook Capital, Llc2024-09-30
0.0
Zrc Wealth Management, Llc2024-09-30
0.0
Old Point Trust & Financial Services N A2024-06-30
0.0
Advisor Group Holdings, Inc.2024-09-30
0.0
Northwestern Mutual Wealth Management Co2024-06-30
0.0
Fintrust Capital Advisors, Llc2024-09-30
0.0
Simplex Trading, Llc2024-09-30
13.7 K
Xtx Topco Ltd2024-09-30
10.9 K

Ideanomics Fundamentals

About Ideanomics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ideanomics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ideanomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ideanomics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional 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.