ITT Stock Forecast - Period Momentum Indicator

ITT Stock  USD 158.38  2.92  1.88%   
ITT Stock Forecast is based on your current time horizon.
  
At this time, ITT's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 7.15 in 2024, whereas Fixed Asset Turnover is likely to drop 5.00 in 2024. . Common Stock Shares Outstanding is likely to drop to about 76.4 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 281.3 M in 2024.
ITT Inc has current Period Momentum Indicator of 2.92. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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ITT Trading Date Momentum

On November 25 2024 ITT Inc was traded for  158.38  at the closing time. Highest ITT's price during the trading hours was 158.56  and the lowest price during the day was  156.26 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not cause price change. The trading delta at closing time to current price is 1.34% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for ITT

For every potential investor in ITT, whether a beginner or expert, ITT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ITT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ITT. Basic forecasting techniques help filter out the noise by identifying ITT's price trends.

ITT 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 ITT stock to make a market-neutral strategy. Peer analysis of ITT could also be used in its relative valuation, which is a method of valuing ITT by comparing valuation metrics with similar companies.
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ITT Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ITT's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ITT's current price.

ITT Market Strength Events

Market strength indicators help investors to evaluate how ITT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITT shares will generate the highest return on investment. By undertsting and applying ITT stock market strength indicators, traders can identify ITT Inc entry and exit signals to maximize returns.

ITT Risk Indicators

The analysis of ITT'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 ITT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting itt 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.
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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for ITT Stock Analysis

When running ITT's price analysis, check to measure ITT'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 ITT is operating at the current time. Most of ITT's value examination focuses on studying past and present price action to predict the probability of ITT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITT's price. Additionally, you may evaluate how the addition of ITT to your portfolios can decrease your overall portfolio volatility.