Iteris Inc Stock Technical Analysis

ITI Stock  USD 4.54  0.05  1.09%   
As of the 24th of April, Iteris retains the Market Risk Adjusted Performance of 1.0E-4, risk adjusted performance of 0.0043, and Standard Deviation of 2.26. Iteris 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 and analyze data for thirteen technical drivers for Iteris Inc, which can be compared to its competitors. Please check out Iteris Inc mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Iteris is priced fairly, providing market reflects its last-minute price of 4.54 per share. Given that Iteris Inc has information ratio of (0.04), we strongly advise you to confirm Iteris Inc's regular market performance to make sure the company can sustain itself at a future point.

Iteris Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Iteris, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Iteris
  
Iteris' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Iteris Analyst Consensus

Target PriceAdvice# of Analysts
6.0Strong Buy4Odds
Iteris Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Iteris analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Iteris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Iteris Inc, talking to its executives and customers, or listening to Iteris conference calls.
Iteris Analyst Advice Details
Iteris 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.
A focus of Iteris technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Iteris trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Iteris Inc Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Iteris Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Iteris Inc Trend Analysis

Use this graph to draw trend lines for Iteris Inc. You can use it to identify possible trend reversals for Iteris 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 Iteris price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Iteris Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Iteris Inc applied against its price change over selected period. The best fit line has a slop of   0.0078  , which may imply that the returns on investment in Iteris Inc will continue to fail. It has 122 observation points and a regression sum of squares at 2.29, which is the sum of squared deviations for the predicted Iteris price change compared to its average price change.

About Iteris 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 Iteris Inc 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 Iteris Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Iteris Inc price pattern first instead of the macroeconomic environment surrounding Iteris Inc. By analyzing Iteris'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 Iteris'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 Iteris specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0047810.007121
Price To Sales Ratio1.150.78

Iteris April 24, 2024 Technical Indicators

Most technical analysis of Iteris 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 Iteris from various momentum indicators to cycle indicators. When you analyze Iteris 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.

Iteris April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Iteris stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Iteris Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Iteris' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Iteris Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Iteris Inc Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Iteris Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Iteris Stock analysis

When running Iteris' price analysis, check to measure Iteris' 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 Iteris is operating at the current time. Most of Iteris' value examination focuses on studying past and present price action to predict the probability of Iteris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iteris' price. Additionally, you may evaluate how the addition of Iteris to your portfolios can decrease your overall portfolio volatility.
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Is Iteris' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Iteris. If investors know Iteris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Iteris listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.96)
Earnings Share
0.06
Revenue Per Share
4.019
Quarterly Revenue Growth
0.035
Return On Assets
0.0129
The market value of Iteris Inc is measured differently than its book value, which is the value of Iteris that is recorded on the company's balance sheet. Investors also form their own opinion of Iteris' value that differs from its market value or its book value, called intrinsic value, which is Iteris' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Iteris' market value can be influenced by many factors that don't directly affect Iteris' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Iteris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iteris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iteris' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.