Iteris Inc Stock Chance of Future Stock Price Finishing Under 5.02
| ITI Stock | USD 4.50 0.09 1.96% |
Closest to current price Iteris long CALL Option Payoff at Expiration
Iteris |
Iteris Target Price Odds to finish below 5.02
The tendency of Iteris 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 stay under $ 5.02 after 90 days |
| 4.50 | 90 days | 5.02 | about 69.8 |
Based on a normal probability distribution, the odds of Iteris to stay under $ 5.02 after 90 days from now is about 69.8 (This Iteris Inc probability density function shows the probability of Iteris Stock to fall within a particular range of prices over 90 days) . Probability of Iteris Inc price to stay between its current price of $ 4.50 and $ 5.02 at the end of the 90-day period is about 68.7 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.08 . 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, Iteris will likely underperform. Additionally Iteris Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Iteris Price Density |
| Price |
Predictive Modules for Iteris
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Iteris Inc. Regardless of method or technology, however, to accurately forecast the stock 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, anticipate that the market will even out over time. This tendency of Iteris' 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.
Iteris Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Iteris is not an exception. The market had few large corrections towards the Iteris' 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 Iteris Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Iteris within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.17 | |
β | Beta against NYSE Composite | 2.08 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.05 |
Iteris 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 Iteris for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Iteris 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.| Iteris Inc generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 156.05 M. Reported Net Loss for the year was (14.86 M) with profit before taxes, overhead, and interest of 42.02 M. | |
| Iteris Inc has about 14.84 M in cash with (4.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. | |
| Iteris Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from cleveland.com: Lakewood considering additional public transit service options |
Iteris 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 Iteris Stock often depends not only on the future outlook of the current and potential Iteris' 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. Iteris' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 42.4 M | |
| Cash And Short Term Investments | 16.6 M |
Iteris Technical Analysis
Iteris' future price can be derived by breaking down and analyzing its technical indicators over time. Iteris Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Iteris Inc. In general, you should focus on analyzing Iteris Stock price patterns and their correlations with different microeconomic environments and drivers.
Iteris Predictive Forecast Models
Iteris' time-series forecasting models is one of many Iteris' 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 Iteris' 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 Iteris Inc
Checking the ongoing alerts about Iteris for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Iteris Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Iteris Inc generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 156.05 M. Reported Net Loss for the year was (14.86 M) with profit before taxes, overhead, and interest of 42.02 M. | |
| Iteris Inc has about 14.84 M in cash with (4.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. | |
| Iteris Inc has a poor financial position based on the latest SEC disclosures | |
| Latest headline from cleveland.com: Lakewood considering additional public transit service options |
Check out Iteris Backtesting, Iteris Valuation, Iteris Correlation, Iteris Hype Analysis, Iteris Volatility, Iteris History as well as Iteris Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.