IDEX Stock | | | USD 0.01 0.0007 14.00% |
Ideanomics financial indicator trend analysis is infinitely more than just investigating Ideanomics recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Ideanomics is a good investment. Please check the relationship between Ideanomics Net Debt and its Common Stock Total Equity accounts. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Ideanomics Stock please use our
How to Invest in Ideanomics guide.
Net Debt vs Common Stock Total Equity
Net Debt vs Common Stock Total Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Ideanomics Net Debt account and
Common Stock Total Equity. At this time, the significance of the direction appears to have weak relationship.
The correlation between Ideanomics' Net Debt and Common Stock Total Equity is 0.36. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Common Stock Total Equity in the same time period over historical financial statements of Ideanomics, assuming nothing else is changed. The correlation between historical values of Ideanomics' Net Debt and Common Stock Total Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Ideanomics are associated (or correlated) with its Common Stock Total Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Total Equity has no effect on the direction of Net Debt i.e., Ideanomics' Net Debt and Common Stock Total Equity go up and down completely randomly.
Correlation Coefficient | 0.36 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.
Common Stock Total Equity
The total value of common stock equity held by shareholders, representing their ownership interest in the company.
Most indicators from Ideanomics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Ideanomics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ideanomics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in income.
For more information on how to buy Ideanomics Stock please use our
How to Invest in Ideanomics guide.At this time, Ideanomics'
Selling General Administrative is fairly stable compared to the past year.
Sales General And Administrative To Revenue is likely to rise to 5.69 in 2024, whereas
Discontinued Operations is likely to drop slightly above 4.2
M in 2024.
Ideanomics fundamental ratios Correlations
Click cells to compare fundamentals
Ideanomics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Ideanomics fundamental ratios Accounts
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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.