Itv Plc Stock Technical Analysis
| ITVPF Stock | USD 0.72 0.04 5.88% |
As of the 19th of April, ITV Plc retains the market risk adjusted performance of 0.2823, and Risk Adjusted Performance of (0.04). ITV Plc technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate data for eleven technical drivers for ITV plc, which can be compared to its competitors. Please check out ITV plc risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis to decide if ITV Plc is priced adequately, providing market reflects its last-minute price of 0.72 per share. As ITV plc is a penny stock we also advise to confirm its information ratio numbers.
ITV Plc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ITV, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ITVITV |
ITV Plc 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.
ITV plc Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ITV plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ITV plc Trend Analysis
Use this graph to draw trend lines for ITV plc. You can use it to identify possible trend reversals for ITV Plc as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ITV Plc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ITV Plc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ITV plc applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that ITV plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted ITV Plc price change compared to its average price change.About ITV Plc Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ITV plc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ITV plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ITV plc price pattern first instead of the macroeconomic environment surrounding ITV plc. By analyzing ITV Plc's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ITV Plc's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ITV Plc specific price patterns or momentum indicators. Please read more on our technical analysis page.
ITV Plc April 19, 2024 Technical Indicators
Most technical analysis of ITV help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ITV from various momentum indicators to cycle indicators. When you analyze ITV charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.2823 | |||
| Mean Deviation | 0.4734 | |||
| Coefficient Of Variation | (1,296) | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.06 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2723 | |||
| Maximum Drawdown | 7.69 | |||
| Skewness | (2.05) | |||
| Kurtosis | 18.43 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ITV plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for ITV Pink Sheet analysis
When running ITV Plc's price analysis, check to measure ITV Plc'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 ITV Plc is operating at the current time. Most of ITV Plc's value examination focuses on studying past and present price action to predict the probability of ITV Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITV Plc's price. Additionally, you may evaluate how the addition of ITV Plc to your portfolios can decrease your overall portfolio volatility.
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