Ideanomics (Ideanomics) 6-1 Month Momentum % : -59.13% (As of May. 04, 2024)

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What is Ideanomics 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-04), Ideanomics's 6-1 Month Momentum % is -59.13%.

The industry rank for Ideanomics's 6-1 Month Momentum % or its related term are showing as below:

IDEX's 6-1 Month Momentum % is ranked worse than
97.67% of 215 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.26 vs IDEX: -59.13

Competitive Comparison of Ideanomics's 6-1 Month Momentum %

For the Farm & Heavy Construction Machinery subindustry, Ideanomics's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ideanomics's 6-1 Month Momentum % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Ideanomics's 6-1 Month Momentum % falls into.

Ideanomics (NAS:IDEX) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ideanomics (NAS:IDEX) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Ideanomics 6-1 Month Momentum % Related Terms

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Ideanomics (Ideanomics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ideanomics Inc (NAS:IDEX) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

IDEX:Mexico

Address

1441 Broadway, Suite 5116, New York, NY, USA, 10018

Website

https://www.ideanomics.com

Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.

Executives

Alfred Poor	director, officer: Chief Executive Officer	55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Stephen Eric Johnston	officer: Chief Financial Officer	4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Shane Mcmahon	director, 10 percent owner, officer: Chief Executive Officer	1241 EST MAIN STREET, STAMFORD CT 06902
John Wallace	director	55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Bruno Zheng Wu	director, 10 percent owner, officer: Chief Executive Officer	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Sean Wang	director	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Xiuping Wang	officer: Chief Financial Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Randy Huang	officer: Chief Technical Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Yi Xu	officer: Chief Operating Officer	C/O WECAST NETWORK, INC., BUILDING B4, TAI MING INT'L. BUSINESS CT, TAI HU TOWN, TONGZHOU DISTRICT, BEIJING F4 101116
Bing Yang	director, officer: CEO and Director	375 GREENWICH ST., SUITE 516, NEW YORK NY 10013
Mingcheng Tao	director, officer: Chief Executive Officer	3340 PEACHTREE ROAD NE, SUITE 900, ATLANTA GA 30326
Polly Wang	director	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 102423
Jian Ren Fan	director	305-36 ROOM, 3RD FLOOR, D BUILDING, TIANJIN ECONOMIC-TECHNOLOGICAL DVLP AREA, TIANJIN CITY F4 300280
Sun Seven Stars Hong Kong Cultural Development Ltd	10 percent owner	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423
Shanghai Sun Seven Stars Cultural Development Ltd	10 percent owner	EASTERN FANGZHENG ROAD, SOUTHERN DONGYING VILLAGE, HANCUNHE TOWN F4 F4 102423