ITI (India) Chance of Future Stock Price Finishing Over 262.37
| ITI Stock | 286.63 9.04 3.06% |
ITI |
ITI Target Price Odds to finish over 262.37
The tendency of ITI Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above 262.37 in 90 days |
| 286.63 | 90 days | 262.37 | about 57.18 |
Based on a normal probability distribution, the odds of ITI to stay above 262.37 in 90 days from now is about 57.18 (This ITI Limited probability density function shows the probability of ITI Stock to fall within a particular range of prices over 90 days) . Probability of ITI Limited price to stay between 262.37 and its current price of 286.63 at the end of the 90-day period is about 31.06 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.16 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, ITI will likely underperform. Additionally ITI Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. ITI Price Density |
| Price |
Predictive Modules for ITI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ITI Limited. 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.ITI Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ITI is not an exception. The market had few large corrections towards the ITI's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ITI Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ITI within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 1.16 | |
σ | Overall volatility | 29.56 | |
Ir | Information ratio | -0.02 |
ITI Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ITI for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ITI Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ITI Limited generated a negative expected return over the last 90 days | |
| ITI Limited has high historical volatility and very poor performance | |
| The company reported the revenue of 12.64 B. Net Loss for the year was (5.69 B) with profit before overhead, payroll, taxes, and interest of 2.14 B. | |
| About 98.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ITI rises 4 percent on bagging Rs 95 crore order from Uttarakhand govt Details - Business Standard |
ITI Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ITI Stock often depends not only on the future outlook of the current and potential ITI'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. ITI's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 959.6 M | |
| Cash And Short Term Investments | 6.5 B |
ITI Technical Analysis
ITI's future price can be derived by breaking down and analyzing its technical indicators over time. ITI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ITI Limited. In general, you should focus on analyzing ITI Stock price patterns and their correlations with different microeconomic environments and drivers.
ITI Predictive Forecast Models
ITI's time-series forecasting models is one of many ITI's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ITI's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ITI Limited
Checking the ongoing alerts about ITI for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ITI Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ITI Limited generated a negative expected return over the last 90 days | |
| ITI Limited has high historical volatility and very poor performance | |
| The company reported the revenue of 12.64 B. Net Loss for the year was (5.69 B) with profit before overhead, payroll, taxes, and interest of 2.14 B. | |
| About 98.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: ITI rises 4 percent on bagging Rs 95 crore order from Uttarakhand govt Details - Business Standard |
Other Information on Investing in ITI Stock
ITI financial ratios help investors to determine whether ITI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ITI with respect to the benefits of owning ITI security.