Innovative Technology (Vietnam) Performance
| ITD Stock | 17,050 100.00 0.59% |
On a scale of 0 to 100, Innovative Technology holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Innovative Technology are expected to decrease at a much lower rate. During the bear market, Innovative Technology is likely to outperform the market. Please check Innovative Technology's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Innovative Technology's current trending patterns will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Innovative Technology Development are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating fundamental indicators, Innovative Technology displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Innovative |
Innovative Technology Relative Risk vs. Return Landscape
If you would invest 1,360,000 in Innovative Technology Development on October 28, 2025 and sell it today you would earn a total of 335,000 from holding Innovative Technology Development or generate 24.63% return on investment over 90 days. Innovative Technology Development is generating 0.3856% of daily returns assuming 2.4798% volatility of returns over the 90 days investment horizon. Simply put, 22% of all stocks have less volatile historical return distribution than Innovative Technology, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Innovative Technology Target Price Odds to finish over Current Price
The tendency of Innovative 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 move above the current price in 90 days |
| 17,050 | 90 days | 17,050 | about 6.15 |
Based on a normal probability distribution, the odds of Innovative Technology to move above the current price in 90 days from now is about 6.15 (This Innovative Technology Development probability density function shows the probability of Innovative Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Innovative Technology Development has a beta of -0.14. This usually indicates as returns on the benchmark increase, returns on holding Innovative Technology are expected to decrease at a much lower rate. During a bear market, however, Innovative Technology Development is likely to outperform the market. Additionally Innovative Technology Development has an alpha of 0.3595, implying that it can generate a 0.36 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Innovative Technology Price Density |
| Price |
Predictive Modules for Innovative Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Innovative Technology. 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.Innovative Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Innovative Technology is not an exception. The market had few large corrections towards the Innovative Technology'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 Innovative Technology Development, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Innovative Technology within the framework of very fundamental risk indicators.About Innovative Technology Performance
By examining Innovative Technology's fundamental ratios, stakeholders can obtain critical insights into Innovative Technology's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Innovative Technology is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Innovative Technology performance evaluation
Checking the ongoing alerts about Innovative Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Innovative Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Innovative Technology's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Innovative Technology's stock performance include:- Analyzing Innovative Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Innovative Technology's stock is overvalued or undervalued compared to its peers.
- Examining Innovative Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Innovative Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Innovative Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Innovative Technology's stock. These opinions can provide insight into Innovative Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Innovative Stock
Innovative Technology financial ratios help investors to determine whether Innovative 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 Innovative with respect to the benefits of owning Innovative Technology security.