Ideanomics is a holding company. Through its subsidiaries and variable interest entities, Co. is engaged in the Chinese Electric Vehicle (EV) industry to provide conversion of fleet vehicles from internal combustion engines to EV. Co.'s business units are: Mobile Energy Group (MEG), which operates as a solutions provider for the procurement, financing, charging and energy management needs for fleet operators of commercial EV; Ideanomics Capital, which is focused on the trading of over the counter (OTC) securities, and is implementing a new trading platform to improve its position in the trading of OTC securities and provide trading of digital securities. The IDEX stock yearly return is shown above.
The yearly return on the IDEX stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2017 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the IDEX annual return calculation with any dividends reinvested as applicable (on ex-dates).
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