Itm Power Plc Stock Price on December 2, 2024

ITMPF Stock  USD 0.47  0.02  4.44%   
If you're considering investing in ITM Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of ITM Power stands at 0.47, as last reported on the 11th of December 2024, with the highest price reaching 0.48 and the lowest price hitting 0.46 during the day. ITM Power Plc holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. ITM Power Plc exposes twenty-two 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 0.8128, and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide.
  
ITM Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1277

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Estimated Market Risk

 3.68
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.47
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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.

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ITM Power Valuation on December 2, 2024

It is possible to determine the worth of ITM Power on a given historical date. On December 2, 2024 ITM was worth 0.42 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITM Power pink sheet. 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
  0.42    0.43    0.42    0.43    250.00  
12/02/2024
  0.42    0.44    0.40    0.44    17,760  
  0.42    0.42    0.41    0.41    1,152  
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Open Value
0.42
0.44
Closing Value
11.47
Upside

ITM Power Trading Date Momentum on December 2, 2024

On December 03 2024 ITM Power Plc was traded for  0.41  at the closing time. The highest daily price throughout the period was 0.42  and the lowest price was  0.41 . The daily volume was 1.2 K. The net trading volume on 12/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 6.82% . The trading delta at closing time to current closing price is 4.55% .

ITM Power Plc 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 Pink Sheet 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 Plc 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
ITM Power Plc designs, manufactures, and sells hydrogen energy systems for energy storage, transportation, and industrial sectors in the United Kingdom, Germany, Australia, rest of Europe, and the United States. ITM Power Plc was founded in 2001 and is headquartered in Sheffield, the United Kingdom. Itm Power operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 388 people.

ITM Power Pink Sheet Technical Analysis

ITM Power technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of ITM Power technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ITM Power trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ITM Power Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

ITM Power Plc cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how ITM Power pink sheet 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 pink sheet market strength indicators, traders can identify ITM Power Plc 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 Pink Sheet 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.

Complementary Tools for ITM Pink Sheet 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.
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