International Tower Stock Forward View - Polynomial Regression
| ITH Stock | CAD 3.53 0.54 13.27% |
International Stock outlook is based on your current time horizon.
As of today, The relative strength momentum indicator of International Tower's share price is at 58. This usually indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling International Tower, making its price go up or down. Momentum 58
Buy Extended
Oversold | Overbought |
Using International Tower hype-based prediction, you can estimate the value of International Tower Hill from the perspective of International Tower response to recently generated media hype and the effects of current headlines on its competitors.
The Polynomial Regression forecasted value of International Tower Hill on the next trading day is expected to be 3.95 with a mean absolute deviation of 0.14 and the sum of the absolute errors of 8.39. International Tower after-hype prediction price | CAD 5.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
International |
International Tower Additional Predictive Modules
Most predictive techniques to examine International price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for International using various technical indicators. When you analyze International charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
International Tower Polynomial Regression Price Forecast For the 2nd of February
Given 90 days horizon, the Polynomial Regression forecasted value of International Tower Hill on the next trading day is expected to be 3.95 with a mean absolute deviation of 0.14, mean absolute percentage error of 0.03, and the sum of the absolute errors of 8.39.Please note that although there have been many attempts to predict International Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that International Tower's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
International Tower Stock Forecast Pattern
| Backtest International Tower | International Tower Price Prediction | Buy or Sell Advice |
International Tower Forecasted Value
In the context of forecasting International Tower's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. International Tower's downside and upside margins for the forecasting period are 0.04 and 9.73, respectively. We have considered International Tower's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of International Tower stock data series using in forecasting. Note that when a statistical model is used to represent International Tower stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.6558 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1376 |
| MAPE | Mean absolute percentage error | 0.0494 |
| SAE | Sum of the absolute errors | 8.392 |
Predictive Modules for International Tower
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Tower Hill. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.International Tower After-Hype Price Density Analysis
As far as predicting the price of International Tower at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in International Tower or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of International Tower, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
International Tower Estimiated After-Hype Price Volatility
In the context of predicting International Tower's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on International Tower's historical news coverage. International Tower's after-hype downside and upside margins for the prediction period are 0.26 and 10.88, respectively. We have considered International Tower's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
International Tower is very risky at this time. Analysis and calculation of next after-hype price of International Tower Hill is based on 3 months time horizon.
International Tower Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as International Tower is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading International Tower backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with International Tower, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.75 | 5.78 | 0.00 | 0.03 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
3.53 | 5.06 | 43.34 |
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International Tower Hype Timeline
International Tower Hill is currently traded for 3.53on Toronto Exchange of Canada. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.03. International is forecasted to increase in value after the next headline, with the price projected to jump to 5.06 or above. The average volatility of media hype impact on the company the price is insignificant. The price boost on the next news is estimated to be 43.34%, whereas the daily expected return is currently at 0.75%. The volatility of related hype on International Tower is about 12844.44%, with the expected price after the next announcement by competition of 3.56. International Tower Hill has accumulated 177.48 K in total debt. International Tower Hill has a current ratio of 18.83, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist International Tower until it has trouble settling it off, either with new capital or with free cash flow. So, International Tower's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like International Tower Hill sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for International to invest in growth at high rates of return. When we think about International Tower's use of debt, we should always consider it together with cash and equity.Assuming the 90 days trading horizon the next forecasted press release will be uncertain. Check out Historical Fundamental Analysis of International Tower to cross-verify your projections.International Tower Related Hype Analysis
Having access to credible news sources related to International Tower's direct competition is more important than ever and may enhance your ability to predict International Tower's future price movements. Getting to know how International Tower's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how International Tower may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ELE | Elemental Royalties Corp | 0.00 | 0 per month | 3.06 | 0.16 | 6.48 | (5.26) | 17.80 | |
| STGO | Steppe Gold | (0.03) | 5 per month | 0.00 | (0.02) | 6.86 | (5.76) | 25.92 | |
| HSTR | Heliostar Metals | 0.00 | 0 per month | 3.20 | 0.19 | 5.46 | (4.58) | 24.08 | |
| JAG | Jaguar Mining | 0.00 | 0 per month | 3.17 | 0.13 | 7.50 | (6.25) | 22.42 | |
| FF | First Mining Gold | 0.00 | 0 per month | 3.36 | 0.24 | 9.52 | (5.66) | 27.19 | |
| FDR | Flinders Resources Limited | 0.00 | 0 per month | 2.61 | 0.04 | 4.35 | (5.29) | 13.28 | |
| TAU | Thesis Gold | 0.00 | 0 per month | 3.15 | 0.18 | 7.14 | (5.53) | 25.40 | |
| SIG | Sitka Gold Corp | 0.00 | 0 per month | 0.00 | (0.08) | 5.10 | (5.21) | 17.39 | |
| NUAG | New Pacific Metals | 0.23 | 5 per month | 3.56 | 0.16 | 9.83 | (6.65) | 22.95 | |
| MKO | Mako Mining Corp | 0.25 | 5 per month | 2.14 | 0.17 | 4.00 | (3.94) | 10.23 |
Other Forecasting Options for International Tower
For every potential investor in International, whether a beginner or expert, International Tower's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. International Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in International. Basic forecasting techniques help filter out the noise by identifying International Tower's price trends.International Tower Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with International Tower stock to make a market-neutral strategy. Peer analysis of International Tower could also be used in its relative valuation, which is a method of valuing International Tower by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
International Tower Market Strength Events
Market strength indicators help investors to evaluate how International Tower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading International Tower shares will generate the highest return on investment. By undertsting and applying International Tower stock market strength indicators, traders can identify International Tower Hill entry and exit signals to maximize returns.
International Tower Risk Indicators
The analysis of International Tower's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in International Tower's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting international stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.44 | |||
| Semi Deviation | 3.85 | |||
| Standard Deviation | 5.78 | |||
| Variance | 33.38 | |||
| Downside Variance | 18.51 | |||
| Semi Variance | 14.82 | |||
| Expected Short fall | (6.33) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for International Tower
The number of cover stories for International Tower depends on current market conditions and International Tower's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that International Tower is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about International Tower's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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International Tower Short Properties
International Tower's future price predictability will typically decrease when International Tower's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of International Tower Hill often depends not only on the future outlook of the potential International Tower's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. International Tower's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 199.7 M | |
| Cash And Short Term Investments | 992.5 K |
Check out Historical Fundamental Analysis of International Tower to cross-verify your projections. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.