Itoco Inc Stock Chance of Future Pink Sheet Price Finishing Under 0.0048
ITMC Stock | USD 0.01 0 20.63% |
Itoco |
Itoco Target Price Odds to finish below 0.0048
The tendency of Itoco 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 drop to $ 0 or more in 90 days |
0.01 | 90 days | 0 | about 32.55 |
Based on a normal probability distribution, the odds of Itoco to drop to $ 0 or more in 90 days from now is about 32.55 (This Itoco Inc probability density function shows the probability of Itoco Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Itoco Inc price to stay between $ 0 and its current price of $0.005 at the end of the 90-day period is about 5.78 .
Given the investment horizon of 90 days Itoco Inc has a beta of -1.72. This usually indicates as returns on its benchmark rise, returns on holding Itoco Inc are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Itoco is expected to outperform its benchmark. In addition to that Itoco Inc has an alpha of 3.3176, implying that it can generate a 3.32 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Itoco Price Density |
Price |
Predictive Modules for Itoco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Itoco Inc. 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 Itoco'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.
Itoco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Itoco is not an exception. The market had few large corrections towards the Itoco'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 Itoco Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Itoco within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 3.32 | |
β | Beta against NYSE Composite | -1.72 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.09 |
Itoco 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 Itoco for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Itoco Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Itoco Inc is way too risky over 90 days horizon | |
Itoco Inc has some characteristics of a very speculative penny stock | |
Itoco Inc appears to be risky and price may revert if volatility continues | |
Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Itoco Inc currently holds about 568 in cash with (95.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Itoco 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 Itoco Pink Sheet often depends not only on the future outlook of the current and potential Itoco'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. Itoco's indicators that are reflective of the short sentiment are summarized in the table below.
Short Long Term Debt | 15.7 K |
Itoco Technical Analysis
Itoco's future price can be derived by breaking down and analyzing its technical indicators over time. Itoco Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Itoco Inc. In general, you should focus on analyzing Itoco Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Itoco Predictive Forecast Models
Itoco's time-series forecasting models is one of many Itoco'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 Itoco'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 Itoco Inc
Checking the ongoing alerts about Itoco for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Itoco Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Itoco Inc is way too risky over 90 days horizon | |
Itoco Inc has some characteristics of a very speculative penny stock | |
Itoco Inc appears to be risky and price may revert if volatility continues | |
Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Itoco Inc currently holds about 568 in cash with (95.97 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Check out Itoco Backtesting, Itoco Valuation, Itoco Correlation, Itoco Hype Analysis, Itoco Volatility, Itoco History as well as Itoco Performance. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Itoco Pink Sheet analysis
When running Itoco's price analysis, check to measure Itoco'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 Itoco is operating at the current time. Most of Itoco's value examination focuses on studying past and present price action to predict the probability of Itoco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itoco's price. Additionally, you may evaluate how the addition of Itoco to your portfolios can decrease your overall portfolio volatility.
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