Innovative Technology (Vietnam) Price on December 13, 2024
| ITD Stock | 13,050 200.00 1.51% |
If you're considering investing in Innovative Stock, it is important to understand the factors that can impact its price. As of today, the current price of Innovative Technology stands at 13,050, as last reported on the 14th of December 2024, with the highest price reaching 13,150 and the lowest price hitting 12,750 during the day. Innovative Technology appears to be very steady, given 3 months investment horizon. Innovative Technology holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Innovative Technology, which you can use to evaluate the volatility of the firm. Please utilize Innovative Technology's Downside Deviation of 2.32, risk adjusted performance of 0.0802, and Market Risk Adjusted Performance of 0.5582 to validate if our risk estimates are consistent with your expectations.
Innovative Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Innovative |
Sharpe Ratio = 0.111
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Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Innovative Technology is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Innovative Technology by adding it to a well-diversified portfolio.
Innovative Technology Valuation on December 13, 2024
It is possible to determine the worth of Innovative Technology on a given historical date. On December 13, 2024 Innovative was worth 12750.0 at the beginning of the trading date compared to the closed value of 13050.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Innovative Technology stock. Still, in general, we apply an absolute valuation method to find Innovative Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Innovative Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Innovative Technology's related companies.
| Open | High | Low | Close | Volume | |
| 13,100 | 13,350 | 13,100 | 13,250 | 13,500 | |
12/13/2024 | 12,750 | 13,150 | 12,750 | 13,050 | 6,600 |
| Backtest Innovative Technology | | | Innovative Technology History | | | Innovative Technology Valuation | Previous |
Innovative Technology Trading Date Momentum on December 13, 2024
| On December 13 2024 Innovative Technology Development was traded for 13,050 at the closing time. The maximum traded price for the trading interval was 13,150 and the lowest daily price was 12,750 . The daily volume was recorded at 6.6 K. The volume of trading on 13th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 2.30% . |
About Innovative Technology Stock history
Innovative Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Innovative is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Innovative Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Innovative Technology stock prices may prove useful in developing a viable investing in Innovative Technology
Innovative Technology Stock Technical Analysis
Innovative Technology technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Innovative Technology Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Innovative Technology Development cannot be verified against its exchange. Please verify the symbol is currently traded on Vietnam Stocks. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Innovative Technology December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Innovative Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Innovative Technology shares will generate the highest return on investment. By undertsting and applying Innovative Technology stock market strength indicators, traders can identify Innovative Technology Development entry and exit signals to maximize returns
Innovative Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Innovative Technology's price direction in advance. Along with the technical and fundamental analysis of Innovative Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Innovative to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0802 | |||
| Jensen Alpha | 0.1429 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0349 | |||
| Treynor Ratio | 0.5482 |
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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.