ITM Power (UK) Price on August 31, 2024
| ITM Stock | 34.02 0.50 1.45% |
Below is the normalized historical share price chart for ITM Power extending back to June 11, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ITM Power stands at 34.02, as last reported on the 30th of November, with the highest price reaching 34.85 and the lowest price hitting 33.64 during the day.
If you're considering investing in ITM Stock, it is important to understand the factors that can impact its price. ITM Power holds Efficiency (Sharpe) Ratio of -0.17, which attests that the entity had a -0.17% return per unit of volatility over the last 3 months. ITM Power exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITM Power's market risk adjusted performance of 1.75, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
At present, ITM Power's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 647.6 M, whereas Stock Based Compensation is forecasted to decline to about 87.4 K. . ITM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 50.3218 | 50 Day MA 42.2986 | Beta 2.002 |
ITM |
Sharpe Ratio = -0.1724
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ITM |
Estimated Market Risk
| 3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ITM Power is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ITM Power by adding ITM Power to a well-diversified portfolio.
Price Book 0.7922 | Enterprise Value Ebitda (1.40) | Price Sales 12.8109 | Shares Float 440.5 M | Wall Street Target Price 75.71 |
ITM Power Valuation on August 31, 2024
It is possible to determine the worth of ITM Power on a given historical date. On August 31, 2024 ITM was worth 50.0 at the beginning of the trading date compared to the closed value of 49.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITM Power stock. Still, in general, we apply an absolute valuation method to find ITM Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ITM Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITM Power's related companies.
| Open | High | Low | Close | Volume | |
| 49.50 | 51.00 | 49.11 | 49.50 | 1,294,437 | |
08/30/2024 | 50.00 | 50.75 | 48.88 | 49.92 | 1,750,186 |
| 51.00 | 51.00 | 48.82 | 49.62 | 1,458,501 |
| Backtest ITM Power | | | ITM Power History | | | ITM Power Valuation | Previous | Next |
ITM Power Trading Date Momentum on August 31, 2024
| On September 02 2024 ITM Power was traded for 49.62 at the closing time. The highest price during the trading period was 51.00 and the lowest recorded bid was listed for 48.82 . The volume for the day was 1.5 M. This history from September 2, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.60% . The trading delta at closing time to the current price is 1.16% . |
ITM Power Fundamentals Correlations and Trends
By evaluating ITM Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ITM Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ITM Power Stock history
ITM Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ITM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITM Power will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ITM Power stock prices may prove useful in developing a viable investing in ITM Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 616.7 M | 647.6 M | |
| Net Loss | -42 M | -39.9 M |
ITM Power Quarterly Net Working Capital |
|
ITM Power Stock Technical Analysis
ITM Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ITM Power Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
ITM Power cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
ITM Power November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how ITM Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITM Power shares will generate the highest return on investment. By undertsting and applying ITM Power stock market strength indicators, traders can identify ITM Power entry and exit signals to maximize returns
ITM Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ITM Power's price direction in advance. Along with the technical and fundamental analysis of ITM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITM to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | 1.74 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ITM Stock analysis
When running ITM Power's price analysis, check to measure ITM Power'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 ITM Power is operating at the current time. Most of ITM Power's value examination focuses on studying past and present price action to predict the probability of ITM Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITM Power's price. Additionally, you may evaluate how the addition of ITM Power to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |