International Tower Hill Stock Probability of Future Stock Price Finishing Under 0.03
| ITH Stock | CAD 0.67 0.01 1.47% |
International |
International Tower Target Price Odds to finish below 0.03
The tendency of International 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 drop to C$ 0.03 or more in 90 days |
| 0.67 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of International Tower to drop to C$ 0.03 or more in 90 days from now is near 1 (This International Tower Hill probability density function shows the probability of International Stock to fall within a particular range of prices over 90 days) . Probability of International Tower Hill price to stay between C$ 0.03 and its current price of C$0.67 at the end of the 90-day period is about 23.33 .
Assuming the 90 days trading horizon International Tower has a beta of 0.99. This usually indicates International Tower Hill market returns are highly reactive to returns on the market. As the market goes up or down, International Tower is expected to follow. Additionally International Tower Hill has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. International Tower Price Density |
| Price |
Predictive Modules for International Tower
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as International Tower Hill. 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.International Tower Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. International Tower is not an exception. The market had few large corrections towards the International Tower'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 International Tower Hill, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of International Tower within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 0.11 | |
Ir | Information ratio | -0.0098 |
International Tower 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 International Tower for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for International Tower Hill can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| International Tower generated a negative expected return over the last 90 days | |
| International Tower has high historical volatility and very poor performance | |
| International Tower has some characteristics of a very speculative penny stock | |
| International Tower has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| International Tower Hill has accumulated about 4.85 M in cash with (3.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 72.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: International Tower Hill Mines Shares Up 3.1 percent - Still a Buy - MarketBeat |
International Tower 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 International Stock often depends not only on the future outlook of the current and potential International Tower'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. International Tower's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 195.6 M | |
| Cash And Short Term Investments | 1.7 M |
International Tower Technical Analysis
International Tower's future price can be derived by breaking down and analyzing its technical indicators over time. International Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of International Tower Hill. In general, you should focus on analyzing International Stock price patterns and their correlations with different microeconomic environments and drivers.
International Tower Predictive Forecast Models
International Tower's time-series forecasting models is one of many International Tower's stock 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 International Tower'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 stock market movement and maximize returns from investment trading.
Things to note about International Tower Hill
Checking the ongoing alerts about International Tower for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for International Tower Hill help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| International Tower generated a negative expected return over the last 90 days | |
| International Tower has high historical volatility and very poor performance | |
| International Tower has some characteristics of a very speculative penny stock | |
| International Tower has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.4 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| International Tower Hill has accumulated about 4.85 M in cash with (3.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 72.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: International Tower Hill Mines Shares Up 3.1 percent - Still a Buy - MarketBeat |
Check out International Tower Backtesting, International Tower Valuation, International Tower Correlation, International Tower Hype Analysis, International Tower Volatility, International Tower History as well as International Tower Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.