ITOCHU (Germany) Price on September 20, 2024

IOC Stock  EUR 44.77  0.06  0.13%   
If you're considering investing in ITOCHU Stock, it is important to understand the factors that can impact its price. As of today, the current price of ITOCHU stands at 44.77, as last reported on the 19th of January, with the highest price reaching 44.77 and the lowest price hitting 44.22 during the day. ITOCHU holds Efficiency (Sharpe) Ratio of -0.0215, which attests that the entity had a -0.0215% return per unit of volatility over the last 3 months. ITOCHU exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out ITOCHU's market risk adjusted performance of (0.99), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
  
ITOCHU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0215

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Estimated Market Risk

 1.53
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average ITOCHU is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ITOCHU by adding ITOCHU to a well-diversified portfolio.

ITOCHU Valuation on September 20, 2024

It is possible to determine the worth of ITOCHU on a given historical date. On September 20, 2024 ITOCHU was worth 47.93 at the beginning of the trading date compared to the closed value of 48.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITOCHU stock. Still, in general, we apply an absolute valuation method to find ITOCHU's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ITOCHU where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITOCHU's related companies.
 Open High Low Close Volume
  48.03    48.71    48.03    48.71    6,050  
09/20/2024
  47.93    48.05    47.93    48.05    200.00  
  47.34    48.31    47.34    48.31    428.00  
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Open Value
47.93
48.05
Closing Value
52.52
Upside

ITOCHU Trading Date Momentum on September 20, 2024

On September 23 2024 ITOCHU was traded for  48.31  at the closing time. The highest daily price throughout the period was 48.31  and the lowest price was  47.34 . The daily volume was 428. The net trading volume on 09/23/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 0.54% . The trading delta at closing time to current closing price is 0.15% .

ITOCHU Fundamentals Correlations and Trends

By evaluating ITOCHU's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ITOCHU's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITOCHU financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ITOCHU Stock history

ITOCHU investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ITOCHU is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITOCHU will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ITOCHU stock prices may prove useful in developing a viable investing in ITOCHU
ITOCHU Corporation engages in trading and importingexporting various products worldwide. The company was founded in 1858 and is headquartered in Tokyo, Japan. ITOCHU CORP is traded on Frankfurt Stock Exchange in Germany.

ITOCHU Stock Technical Analysis

ITOCHU technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of ITOCHU technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ITOCHU trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ITOCHU Period Price Range

Low
January 19, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

ITOCHU cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

ITOCHU January 19, 2025 Market Strength

Market strength indicators help investors to evaluate how ITOCHU stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ITOCHU shares will generate the highest return on investment. By undertsting and applying ITOCHU stock market strength indicators, traders can identify ITOCHU entry and exit signals to maximize returns

ITOCHU Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ITOCHU's price direction in advance. Along with the technical and fundamental analysis of ITOCHU Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITOCHU to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for ITOCHU Stock analysis

When running ITOCHU's price analysis, check to measure ITOCHU'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 ITOCHU is operating at the current time. Most of ITOCHU's value examination focuses on studying past and present price action to predict the probability of ITOCHU's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITOCHU's price. Additionally, you may evaluate how the addition of ITOCHU to your portfolios can decrease your overall portfolio volatility.
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