Itex Corp Stock Market Value
| ITEX Stock | USD 2.67 0.41 13.31% |
| Symbol | ITEX |
ITEX Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ITEX Corp's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ITEX Corp.
| 01/25/2025 |
| 01/20/2026 |
If you would invest 0.00 in ITEX Corp on January 25, 2025 and sell it all today you would earn a total of 0.00 from holding ITEX Corp or generate 0.0% return on investment in ITEX Corp over 360 days. ITEX Corp is related to or competes with Armada Mercantile, Intrepid Capital, and DigiMax Global. ITEX Corporation operates a marketplace in which products and services are exchanged by marketplace members without exch... More
ITEX Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ITEX Corp's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ITEX Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 27.76 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 1.77 |
ITEX Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ITEX Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ITEX Corp's standard deviation. In reality, there are many statistical measures that can use ITEX Corp historical prices to predict the future ITEX Corp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.0844 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ITEX Corp'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.
ITEX Corp Backtested Returns
ITEX Corp holds Efficiency (Sharpe) Ratio of -0.0156, which attests that the entity had a -0.0156 % return per unit of return volatility over the last 3 months. ITEX Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITEX Corp's Market Risk Adjusted Performance of 0.0944, coefficient of variation of (6,398), and insignificant Risk Adjusted Performance to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ITEX Corp are expected to decrease at a much lower rate. During the bear market, ITEX Corp is likely to outperform the market. At this point, ITEX Corp has a negative expected return of -0.0422%. Please make sure to check out ITEX Corp's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if ITEX Corp performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
ITEX Corp has weak predictability. Overlapping area represents the amount of predictability between ITEX Corp time series from 25th of January 2025 to 24th of July 2025 and 24th of July 2025 to 20th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ITEX Corp price movement. The serial correlation of 0.22 indicates that over 22.0% of current ITEX Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
ITEX Corp lagged returns against current returns
Autocorrelation, which is ITEX Corp pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ITEX Corp's pink sheet expected returns. We can calculate the autocorrelation of ITEX Corp returns to help us make a trade decision. For example, suppose you find that ITEX Corp has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ITEX Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ITEX Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ITEX Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ITEX Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ITEX Corp Lagged Returns
When evaluating ITEX Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ITEX Corp pink sheet have on its future price. ITEX Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ITEX Corp autocorrelation shows the relationship between ITEX Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ITEX Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ITEX Pink Sheet Analysis
When running ITEX Corp's price analysis, check to measure ITEX Corp'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 ITEX Corp is operating at the current time. Most of ITEX Corp's value examination focuses on studying past and present price action to predict the probability of ITEX Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITEX Corp's price. Additionally, you may evaluate how the addition of ITEX Corp to your portfolios can decrease your overall portfolio volatility.