Guy Willner - IX Acquisition Executive Chairman
| IXAQ Stock | USD 11.63 0.00 0.00% |
Chairman
Guy Willner is Executive Chairman of IX Acquisition Corp
| Age | 60 |
| Address | 53 Davies Street, London, United Kingdom, W1K 5JH |
| Phone | 44 20 3983 0450 |
| Web | https://www.ixacq.com |
IX Acquisition Management Efficiency
The company has return on total asset (ROA) of (0.0328) % which means that it has lost $0.0328 on every $100 spent on assets. This is way below average. IX Acquisition's management efficiency ratios could be used to measure how well IX Acquisition manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/13/2024, Return On Equity is likely to grow to 0.19, while Return On Tangible Assets are likely to drop 0.07. At this time, IX Acquisition's Non Current Liabilities Total is relatively stable compared to the past year. As of 12/13/2024, Change To Liabilities is likely to grow to about 763.3 K, while Total Current Liabilities is likely to drop slightly above 1.7 M.Management Performance
| Return On Asset | -0.0328 |
IX Acquisition Corp Leadership Team
Elected by the shareholders, the IX Acquisition's board of directors comprises two types of representatives: IX Acquisition inside directors who are chosen from within the company, and outside directors, selected externally and held independent of IXAQ. The board's role is to monitor IX Acquisition's management team and ensure that shareholders' interests are well served. IX Acquisition's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, IX Acquisition's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Noah Aptekar, CFO, CEO | ||
| Victoria Reid, Vice President | ||
| Guy Willner, Executive Chairman | ||
| Karen Bach, CEO Director |
IXAQ Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is IX Acquisition a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Asset | -0.0328 | ||||
| Current Valuation | 89.14 M | ||||
| Shares Outstanding | 6.85 M | ||||
| Shares Owned By Insiders | 58.44 % | ||||
| Shares Owned By Institutions | 39.27 % | ||||
| Number Of Shares Shorted | 1.11 K | ||||
| Price To Earning | 11.68 X | ||||
| Price To Book | 4.37 X | ||||
| EBITDA | 5.06 M | ||||
| Net Income | 4.02 M |
Pair Trading with IX Acquisition
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IX Acquisition position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IX Acquisition will appreciate offsetting losses from the drop in the long position's value.Moving against IXAQ Stock
The ability to find closely correlated positions to IX Acquisition could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IX Acquisition when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IX Acquisition - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IX Acquisition Corp to buy it.
The correlation of IX Acquisition is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IX Acquisition moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IX Acquisition Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IX Acquisition can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for IXAQ Stock Analysis
When running IX Acquisition's price analysis, check to measure IX Acquisition'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 IX Acquisition is operating at the current time. Most of IX Acquisition's value examination focuses on studying past and present price action to predict the probability of IX Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IX Acquisition's price. Additionally, you may evaluate how the addition of IX Acquisition to your portfolios can decrease your overall portfolio volatility.