Itron Stock Forecast - Accumulation Distribution
| ITRI Stock | USD 118.53 0.76 0.64% |
Itron Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Itron's historical fundamentals, such as revenue growth or operating cash flow patterns.
Itron |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 4296.62 | 9141.07 |
| Check Itron Volatility | Backtest Itron | Trend Details |
Itron Trading Date Momentum
| On October 31 2024 Itron Inc was traded for 111.76 at the closing time. The top price for the day was 116.39 and the lowest listed price was 109.54 . The trading volume for the day was 1.6 M. The trading history from October 31, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 7.61% . The trading delta at closing time against the current closing price is 6.03% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Itron to competition |
Other Forecasting Options for Itron
For every potential investor in Itron, whether a beginner or expert, Itron's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Itron Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Itron. Basic forecasting techniques help filter out the noise by identifying Itron's price trends.Itron Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Itron stock to make a market-neutral strategy. Peer analysis of Itron could also be used in its relative valuation, which is a method of valuing Itron by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Itron Inc 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 Itron'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 Itron's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Itron Market Strength Events
Market strength indicators help investors to evaluate how Itron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Itron shares will generate the highest return on investment. By undertsting and applying Itron stock market strength indicators, traders can identify Itron Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 3752.13 | |||
| Daily Balance Of Power | (0.35) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 119.34 | |||
| Day Typical Price | 119.07 | |||
| Price Action Indicator | (1.19) | |||
| Period Momentum Indicator | (0.76) | |||
| Relative Strength Index | 83.59 |
Itron Risk Indicators
The analysis of Itron'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 Itron's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting itron 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.
| Mean Deviation | 1.44 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 1.96 | |||
| Variance | 3.85 | |||
| Downside Variance | 3.07 | |||
| Semi Variance | 2.5 | |||
| Expected Short fall | (1.61) |
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.
Currently Active Assets on Macroaxis
When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:Check out Historical Fundamental Analysis of Itron to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electronic Equipment, Instruments & Components space 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 Itron. If investors know Itron 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 Itron 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 0.954 | Earnings Share 4.87 | Revenue Per Share 52.896 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0544 |
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron'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 Itron's market value can be influenced by many factors that don't directly affect Itron'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 Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron'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.