IT Tech Stock Forward View
| ITP Stock | USD 0.19 0.02 9.52% |
ITP Stock outlook is based on your current time horizon. Although IT Tech's naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of IT Tech's systematic risk associated with finding meaningful patterns of IT Tech fundamentals over time.
As of today the relative strength index (rsi) of IT Tech's share price is below 20 . This usually indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Wall Street Target Price 5 | Quarterly Revenue Growth (0.06) |
Using IT Tech hype-based prediction, you can estimate the value of IT Tech Packaging from the perspective of IT Tech response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards IT Tech using IT Tech's stock options and short interest. It helps to benchmark the overall future attitude of investors towards ITP using crowd psychology based on the activity and movement of IT Tech's stock price.
IT Tech Implied Volatility | 1.92 |
IT Tech's implied volatility exposes the market's sentiment of IT Tech Packaging stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if IT Tech's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that IT Tech stock will not fluctuate a lot when IT Tech's options are near their expiration.
The Naive Prediction forecasted value of IT Tech Packaging on the next trading day is expected to be 0.18 with a mean absolute deviation of 0 and the sum of the absolute errors of 0.26. IT Tech after-hype prediction price | USD 0.19 |
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.
Check out Historical Fundamental Analysis of IT Tech to cross-verify your projections. Prediction based on Rule 16 of the current ITP contract
Based on the Rule 16, the options market is currently suggesting that IT Tech Packaging will have an average daily up or down price movement of about 0.12% per day over the life of the 2026-05-15 option contract. With IT Tech trading at USD 0.19, that is roughly USD 2.28E-4 . If you think that the market is fully incorporating IT Tech's daily price movement you should consider acquiring IT Tech Packaging options at the current volatility level of 1.92%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-05-15 ITP Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast IT Tech's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in IT Tech's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for IT Tech stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current IT Tech's open interest, investors have to compare it to IT Tech's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of IT Tech is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ITP. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
IT Tech Additional Predictive Modules
Most predictive techniques to examine ITP price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ITP using various technical indicators. When you analyze ITP 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 |
IT Tech Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the IT Tech's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 2007-12-31 | Previous Quarter 6.5 M | Current Value 9.1 M | Quarterly Volatility 7.1 M |
IT Tech Naive Prediction Price Forecast For the 7th of February
Given 90 days horizon, the Naive Prediction forecasted value of IT Tech Packaging on the next trading day is expected to be 0.18 with a mean absolute deviation of 0, mean absolute percentage error of 0.00003, and the sum of the absolute errors of 0.26.Please note that although there have been many attempts to predict ITP Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that IT Tech's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
IT Tech Stock Forecast Pattern
| Backtest IT Tech | IT Tech Price Prediction | Research Analysis |
IT Tech Forecasted Value
In the context of forecasting IT Tech'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. IT Tech's downside and upside margins for the forecasting period are 0 and 3.61, respectively. We have considered IT Tech'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 Naive Prediction forecasting method's relative quality and the estimations of the prediction error of IT Tech stock data series using in forecasting. Note that when a statistical model is used to represent IT Tech 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 | 109.5317 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0043 |
| MAPE | Mean absolute percentage error | 0.0186 |
| SAE | Sum of the absolute errors | 0.2639 |
Predictive Modules for IT Tech
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IT Tech Packaging. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IT Tech's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IT Tech After-Hype Price Density Analysis
As far as predicting the price of IT Tech 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 IT Tech 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 IT Tech, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
IT Tech Estimiated After-Hype Price Volatility
In the context of predicting IT Tech's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on IT Tech's historical news coverage. IT Tech's after-hype downside and upside margins for the prediction period are 0.01 and 3.59, respectively. We have considered IT Tech'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 compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
IT Tech is out of control at this time. Analysis and calculation of next after-hype price of IT Tech Packaging is based on 3 months time horizon.
IT Tech Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as IT Tech is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading IT Tech 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 IT Tech, 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 |
0.46 | 3.43 | 0.00 | 0.04 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
0.19 | 0.19 | 0.00 |
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IT Tech Hype Timeline
On the 6th of February IT Tech Packaging is traded for 0.19. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.04. ITP is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.46%. %. The volatility of related hype on IT Tech is about 4454.55%, with the expected price after the next announcement by competition of 0.15. The company has price-to-book (P/B) ratio of 0.02. Some equities with similar Price to Book (P/B) outperform the market in the long run. IT Tech Packaging recorded a loss per share of 1.06. The entity last dividend was issued on the 26th of November 2013. The firm had 1:10 split on the 8th of July 2022. Considering the 90-day investment horizon the next anticipated press release will be in about 9 days. Check out Historical Fundamental Analysis of IT Tech to cross-verify your projections.IT Tech Related Hype Analysis
Having access to credible news sources related to IT Tech's direct competition is more important than ever and may enhance your ability to predict IT Tech's future price movements. Getting to know how IT Tech'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 IT Tech may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| NITO | N2OFF Inc | (0.05) | 7 per month | 0.00 | (0.32) | 7.69 | (11.28) | 30.79 | |
| ORGN | Origin Materials | 0.00 | 8 per month | 0.00 | (0.34) | 6.82 | (8.70) | 22.98 | |
| RKDA | Arcadia Biosciences | 0.03 | 9 per month | 0.00 | (0.18) | 8.59 | (11.64) | 25.74 | |
| CAPS | Capstone Holding Corp | (0.05) | 7 per month | 0.00 | (0.15) | 9.86 | (8.05) | 29.43 | |
| CNEY | CN Energy Group | (0.01) | 6 per month | 0.00 | (0.06) | 10.00 | (10.27) | 66.79 | |
| GURE | Gulf Resources Common | (0.78) | 10 per month | 9.22 | 0.05 | 20.00 | (17.24) | 105.51 | |
| RETO | ReTo Eco Solutions | 0.11 | 7 per month | 0.00 | (0.18) | 15.13 | (17.24) | 59.40 | |
| ENFY | Enlightify | 0.00 | 6 per month | 0.00 | (0.05) | 25.00 | (25.00) | 73.68 | |
| NAMM | Namib Minerals Ordinary | 0.01 | 10 per month | 8.03 | 0.10 | 31.29 | (14.46) | 165.48 | |
| JCTC | Jewett Cameron Trading | (0.03) | 10 per month | 0.00 | (0.15) | 7.80 | (7.66) | 23.52 |
Other Forecasting Options for IT Tech
For every potential investor in ITP, whether a beginner or expert, IT Tech's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ITP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ITP. Basic forecasting techniques help filter out the noise by identifying IT Tech's price trends.IT Tech 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 IT Tech stock to make a market-neutral strategy. Peer analysis of IT Tech could also be used in its relative valuation, which is a method of valuing IT Tech by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
IT Tech Market Strength Events
Market strength indicators help investors to evaluate how IT Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IT Tech shares will generate the highest return on investment. By undertsting and applying IT Tech stock market strength indicators, traders can identify IT Tech Packaging entry and exit signals to maximize returns.
| Accumulation Distribution | 24447.33 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 0.2 | |||
| Day Typical Price | 0.2 | |||
| Price Action Indicator | (0.02) | |||
| Period Momentum Indicator | (0.02) |
IT Tech Risk Indicators
The analysis of IT Tech'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 IT Tech's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting itp 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 | 2.27 | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.48 |
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 IT Tech
The number of cover stories for IT Tech depends on current market conditions and IT Tech's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that IT Tech 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 IT Tech'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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IT Tech Short Properties
IT Tech's future price predictability will typically decrease when IT Tech's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of IT Tech Packaging often depends not only on the future outlook of the potential IT Tech'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. IT Tech's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.1 M | |
| Cash And Short Term Investments | 5.9 M |
Additional Tools for ITP Stock Analysis
When running IT Tech's price analysis, check to measure IT Tech'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 IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.