ITC Holdings Corp Probability of Future Stock Price Finishing Over 4.43

ITC Holdings' future price is the expected price of ITC Holdings instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of ITC Holdings Corp performance during a given time horizon utilizing its historical volatility. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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.
  
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ITC Holdings 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 ITC Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ITC Holdings Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
ITC Holdings Corp is not yet fully synchronised with the market data
ITC Holdings Corp has some characteristics of a very speculative penny stock
ITC Holdings Corp has a very high chance of going through financial distress in the upcoming years
The company has 4.43 B in debt with debt to equity (D/E) ratio of 2.56, meaning that the company heavily relies on borrowing funds for operations. ITC Holdings Corp has a current ratio of 0.45, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ITC Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, ITC Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ITC Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ITC to invest in growth at high rates of return. When we think about ITC Holdings' use of debt, we should always consider it together with cash and equity.
Over 93.0% of ITC Holdings shares are owned by institutional investors

ITC Holdings 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 ITC Stock often depends not only on the future outlook of the current and potential ITC Holdings' 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. ITC Holdings' indicators that are reflective of the short sentiment are summarized in the table below.

ITC Holdings Technical Analysis

ITC Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. ITC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ITC Holdings Corp. In general, you should focus on analyzing ITC Stock price patterns and their correlations with different microeconomic environments and drivers.

ITC Holdings Predictive Forecast Models

ITC Holdings' time-series forecasting models is one of many ITC Holdings' 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 ITC Holdings' 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 ITC Holdings Corp

Checking the ongoing alerts about ITC Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ITC Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
ITC Holdings Corp is not yet fully synchronised with the market data
ITC Holdings Corp has some characteristics of a very speculative penny stock
ITC Holdings Corp has a very high chance of going through financial distress in the upcoming years
The company has 4.43 B in debt with debt to equity (D/E) ratio of 2.56, meaning that the company heavily relies on borrowing funds for operations. ITC Holdings Corp has a current ratio of 0.45, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ITC Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, ITC Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ITC Holdings Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ITC to invest in growth at high rates of return. When we think about ITC Holdings' use of debt, we should always consider it together with cash and equity.
Over 93.0% of ITC Holdings shares are owned by institutional investors
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in ITC Stock

If you are still planning to invest in ITC Holdings Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ITC Holdings' history and understand the potential risks before investing.
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