Itech Minerals (Australia) Buy Hold or Sell Recommendation
| ITM Stock | 0.06 0 4.48% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Itech Minerals is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Itech Minerals given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Itech Minerals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Itech Minerals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Itech and provide practical buy, sell, or hold advice based on investors' constraints. Itech Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Itech |
Execute Itech Minerals Buy or Sell Advice
The Itech recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Itech Minerals. Macroaxis does not own or have any residual interests in Itech Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Itech Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Itech Minerals Trading Alerts and Improvement Suggestions
| Itech Minerals generated a negative expected return over the last 90 days | |
| Itech Minerals has some characteristics of a very speculative penny stock | |
| Itech Minerals has high historical volatility and very poor performance | |
| Net Loss for the year was (1.21 M) with profit before overhead, payroll, taxes, and interest of 39.46 K. | |
| Itech Minerals generates negative cash flow from operations | |
| About 12.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: iTech Minerals and SQM Collaborate on Lithium Project - TipRanks |
Itech Minerals Returns Distribution Density
The distribution of Itech Minerals' historical returns is an attempt to chart the uncertainty of Itech Minerals' future price movements. The chart of the probability distribution of Itech Minerals daily returns describes the distribution of returns around its average expected value. We use Itech Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Itech Minerals returns is essential to provide solid investment advice for Itech Minerals.
| Mean Return | -0.27 | Value At Risk | -4.48 | Potential Upside | 6.94 | Standard Deviation | 3.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Itech Minerals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Itech Minerals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Itech Minerals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Itech Minerals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Itech stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 3.44 | |
Ir | Information ratio | -0.11 |
Itech Minerals Volatility Alert
Itech Minerals exhibits very low volatility with skewness of 0.47 and kurtosis of 1.14. Itech Minerals is a penny stock. Although Itech Minerals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Itech Minerals. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Itech instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Itech Minerals Fundamentals Vs Peers
Comparing Itech Minerals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Itech Minerals' direct or indirect competition across all of the common fundamentals between Itech Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Itech Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Itech Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Itech Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Itech Minerals to competition |
| Fundamentals | Itech Minerals | Peer Average |
| Return On Equity | -0.0584 | -0.31 |
| Return On Asset | -0.0309 | -0.14 |
| Current Valuation | 9.32 M | 16.62 B |
| Shares Outstanding | 170.74 M | 571.82 M |
| Shares Owned By Insiders | 12.13 % | 10.09 % |
| Price To Book | 0.54 X | 9.51 X |
| Price To Sales | 260.08 X | 11.42 X |
| Revenue | (30 K) | 9.43 B |
| Gross Profit | 39.46 K | 27.38 B |
| EBITDA | (918.43 K) | 3.9 B |
| Net Income | (1.21 M) | 570.98 M |
| Total Debt | 114.2 K | 5.32 B |
| Book Value Per Share | 0.17 X | 1.93 K |
| Cash Flow From Operations | (501.73 K) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | 0.21 | -0.15 |
| Market Capitalization | 11.44 M | 19.03 B |
| Total Asset | 20.83 M | 29.47 B |
| Retained Earnings | (3.2 M) | 9.33 B |
| Working Capital | 6.28 M | 1.48 B |
| Net Asset | 20.83 M |
Itech Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Itech . With many 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.
About Itech Minerals Buy or Sell Advice
When is the right time to buy or sell Itech Minerals? Buying financial instruments such as Itech Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Itech Stock Analysis
When running Itech Minerals' price analysis, check to measure Itech Minerals' 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 Itech Minerals is operating at the current time. Most of Itech Minerals' value examination focuses on studying past and present price action to predict the probability of Itech Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Itech Minerals' price. Additionally, you may evaluate how the addition of Itech Minerals to your portfolios can decrease your overall portfolio volatility.