ITOCHU Techno Solutions Probability of Future Pink Sheet Price Finishing Over 23.97
| ITTOFDelisted Stock | USD 23.97 0.02 0.08% |
ITOCHU |
ITOCHU Techno Target Price Odds to finish over 23.97
The tendency of ITOCHU Pink Sheet 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 |
| 23.97 | 90 days | 23.97 | about 36.61 |
Based on a normal probability distribution, the odds of ITOCHU Techno to move above the current price in 90 days from now is about 36.61 (This ITOCHU Techno Solutions probability density function shows the probability of ITOCHU Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon ITOCHU Techno Solutions has a beta of -0.36. This usually indicates as returns on the benchmark increase, returns on holding ITOCHU Techno are expected to decrease at a much lower rate. During a bear market, however, ITOCHU Techno Solutions is likely to outperform the market. Additionally ITOCHU Techno Solutions has an alpha of 0.2815, implying that it can generate a 0.28 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). ITOCHU Techno Price Density |
| Price |
Predictive Modules for ITOCHU Techno
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ITOCHU Techno Solutions. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ITOCHU Techno'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.
ITOCHU Techno Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ITOCHU Techno is not an exception. The market had few large corrections towards the ITOCHU Techno'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 ITOCHU Techno Solutions, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ITOCHU Techno within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.28 | |
β | Beta against NYSE Composite | -0.36 | |
σ | Overall volatility | 0.76 | |
Ir | Information ratio | 0.03 |
ITOCHU Techno Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ITOCHU Techno for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ITOCHU Techno Solutions can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ITOCHU Techno is not yet fully synchronised with the market data | |
| ITOCHU Techno has a very high chance of going through financial distress in the upcoming years | |
| About 61.0% of the company shares are held by company insiders |
ITOCHU Techno Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ITOCHU Pink Sheet often depends not only on the future outlook of the current and potential ITOCHU Techno's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ITOCHU Techno's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 231.1 M |
ITOCHU Techno Technical Analysis
ITOCHU Techno's future price can be derived by breaking down and analyzing its technical indicators over time. ITOCHU Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ITOCHU Techno Solutions. In general, you should focus on analyzing ITOCHU Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
ITOCHU Techno Predictive Forecast Models
ITOCHU Techno's time-series forecasting models is one of many ITOCHU Techno's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ITOCHU Techno's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about ITOCHU Techno Solutions
Checking the ongoing alerts about ITOCHU Techno for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ITOCHU Techno Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ITOCHU Techno is not yet fully synchronised with the market data | |
| ITOCHU Techno has a very high chance of going through financial distress in the upcoming years | |
| About 61.0% of the company shares are held by company insiders |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in ITOCHU Pink Sheet
If you are still planning to invest in ITOCHU Techno Solutions check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ITOCHU Techno's history and understand the potential risks before investing.
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