InTest Stock Chance of Future Stock Price Finishing Over 14.87
| INTT Stock | USD 14.87 0.06 0.40% |
InTest |
InTest Target Price Odds to finish over 14.87
The tendency of InTest Stock 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 above the current price in 90 days |
| 14.87 | 90 days | 14.87 | about 88.93 |
Based on a normal probability distribution, the odds of InTest to move above the current price in 90 days from now is about 88.93 (This InTest probability density function shows the probability of InTest Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.37 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, InTest will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. InTest is significantly underperforming NYSE Composite. InTest Price Density |
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Predictive Modules for InTest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as InTest. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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, frequently view the market will even out over time. This tendency of InTest'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. Please use the tools below to analyze the current value of InTest in the context of predictive analytics.
InTest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. InTest is not an exception. The market had few large corrections towards the InTest'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 InTest, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of InTest within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.8 | |
β | Beta against NYSE Composite | 1.37 | |
σ | Overall volatility | 3.37 | |
Ir | Information ratio | -0.29 |
InTest 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 InTest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for InTest can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| InTest generated a negative expected return over the last 90 days | |
| InTest is unlikely to experience financial distress in the next 2 years | |
| InTest currently holds about 12.39 M in cash with (1.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| InTest has a frail financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors |
InTest 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 InTest Stock often depends not only on the future outlook of the current and potential InTest'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. InTest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.9 M | |
| Cash And Short Term Investments | 13.4 M |
InTest Technical Analysis
InTest's future price can be derived by breaking down and analyzing its technical indicators over time. InTest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of InTest. In general, you should focus on analyzing InTest Stock price patterns and their correlations with different microeconomic environments and drivers.
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InTest Predictive Forecast Models
InTest's time-series forecasting models is one of many InTest's stock 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 InTest'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 stock market movement and maximize returns from investment trading.
Things to note about InTest
Checking the ongoing alerts about InTest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for InTest help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| InTest generated a negative expected return over the last 90 days | |
| InTest is unlikely to experience financial distress in the next 2 years | |
| InTest currently holds about 12.39 M in cash with (1.39 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.16. | |
| InTest has a frail financial position based on the latest SEC disclosures | |
| Roughly 55.0% of the company shares are owned by institutional investors |
Check out InTest Backtesting, InTest Valuation, InTest Correlation, InTest Hype Analysis, InTest Volatility, InTest History as well as InTest Performance. For more information on how to buy InTest Stock please use our How to Invest in InTest guide. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for InTest Stock analysis
When running InTest's price analysis, check to measure InTest'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 InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
Is InTest'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 InTest. If investors know InTest 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 InTest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of InTest is measured differently than its book value, which is the value of InTest that is recorded on the company's balance sheet. Investors also form their own opinion of InTest's value that differs from its market value or its book value, called intrinsic value, which is InTest'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 InTest's market value can be influenced by many factors that don't directly affect InTest'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 InTest's value and its price as these two are different measures arrived at by different means. Investors typically determine if InTest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InTest'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.