IDT Stock Forecast - Day Typical Price

IDT Stock  USD 36.59  0.38  1.03%   
IDT Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast IDT stock prices and determine the direction of IDT Corporation's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of IDT's historical fundamentals, such as revenue growth or operating cash flow patterns. Although IDT's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of IDT's systematic risk associated with finding meaningful patterns of IDT fundamentals over time.
Check out Historical Fundamental Analysis of IDT to cross-verify your projections.
  
At this time, IDT's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 36.48 in 2024, whereas Payables Turnover is likely to drop 18.17 in 2024. . Net Income Applicable To Common Shares is likely to gain to about 59.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 21 M in 2024.

Open Interest Against 2024-05-17 IDT Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast IDT's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in IDT's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for IDT stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current IDT's open interest, investors have to compare it to IDT's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of IDT is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in IDT. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
IDT Corporation has current Day Typical Price of 36.66.
Most investors in IDT cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the IDT's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets IDT's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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IDT Trading Date Momentum

On April 24 2024 IDT Corporation was traded for  36.59  at the closing time. Highest IDT's price during the trading hours was 36.93  and the lowest price during the day was  36.46 . The net volume was 53.3 K. The overall trading history on the 24th of April did not cause price change. The trading delta at closing time to current price is 0.90% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for IDT

For every potential investor in IDT, whether a beginner or expert, IDT's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. IDT Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in IDT. Basic forecasting techniques help filter out the noise by identifying IDT's price trends.

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 Risk & Return  Correlation

IDT Corporation Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of IDT's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of IDT's current price.

IDT Market Strength Events

Market strength indicators help investors to evaluate how IDT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IDT shares will generate the highest return on investment. By undertsting and applying IDT stock market strength indicators, traders can identify IDT Corporation entry and exit signals to maximize returns.

IDT Risk Indicators

The analysis of IDT's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in IDT's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting idt stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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When determining whether IDT Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IDT Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Idt Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Idt Corporation Stock:
Check out Historical Fundamental Analysis of IDT to cross-verify your projections.
Note that the IDT Corporation information on this page should be used as a complementary analysis to other IDT's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for IDT Stock analysis

When running IDT's price analysis, check to measure IDT'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 IDT is operating at the current time. Most of IDT's value examination focuses on studying past and present price action to predict the probability of IDT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDT's price. Additionally, you may evaluate how the addition of IDT to your portfolios can decrease your overall portfolio volatility.
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Is IDT's 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 IDT. If investors know IDT 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 IDT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
1.45
Revenue Per Share
47.396
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0774
Return On Equity
0.1877
The market value of IDT Corporation is measured differently than its book value, which is the value of IDT that is recorded on the company's balance sheet. Investors also form their own opinion of IDT's value that differs from its market value or its book value, called intrinsic value, which is IDT's 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 IDT's market value can be influenced by many factors that don't directly affect IDT's 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 IDT's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDT's 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.