Itochu Corp Adr Stock Probability of Future Pink Sheet Price Finishing Over 117.84
| ITOCY Stock | USD 98.96 2.93 3.05% |
Itochu |
Itochu Corp Target Price Odds to finish over 117.84
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 over $ 117.84 or more in 90 days |
| 98.96 | 90 days | 117.84 | near 1 |
Based on a normal probability distribution, the odds of Itochu Corp to move over $ 117.84 or more in 90 days from now is near 1 (This Itochu Corp ADR probability density function shows the probability of Itochu Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Itochu Corp ADR price to stay between its current price of $ 98.96 and $ 117.84 at the end of the 90-day period is about 88.69 .
Assuming the 90 days horizon Itochu Corp has a beta of 0.89. This usually indicates Itochu Corp ADR market returns are sensitive to returns on the market. As the market goes up or down, Itochu Corp is expected to follow. Additionally Itochu Corp ADR 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. Itochu Corp Price Density |
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Predictive Modules for Itochu Corp
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 Corp ADR. 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 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.
Itochu Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Itochu Corp is not an exception. The market had few large corrections towards the Itochu Corp'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 Corp ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Itochu Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 3.47 | |
Ir | Information ratio | -0.09 |
Itochu Corp 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 Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Itochu Corp ADR 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 Corp ADR generated a negative expected return over the last 90 days |
Itochu Corp 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 Corp'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 Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 743.9 M | |
| Cash And Short Term Investments | 724.8 B |
Itochu Corp Technical Analysis
Itochu Corp'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 Corp ADR. In general, you should focus on analyzing Itochu Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Itochu Corp Predictive Forecast Models
Itochu Corp's time-series forecasting models is one of many Itochu Corp'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 Corp'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 Corp ADR
Checking the ongoing alerts about Itochu Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Itochu Corp ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Itochu Corp ADR generated a negative expected return over the last 90 days |
Additional Tools for Itochu Pink Sheet Analysis
When running Itochu Corp's price analysis, check to measure Itochu 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 Itochu Corp is operating at the current time. Most of Itochu Corp's value examination focuses on studying past and present price action to predict the probability of Itochu 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 Itochu Corp's price. Additionally, you may evaluate how the addition of Itochu Corp to your portfolios can decrease your overall portfolio volatility.