ITOCHU (Germany) Price on October 22, 2024
| IOC Stock | EUR 48.28 0.77 1.62% |
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 48.28, as last reported on the 11th of December 2024, with the highest price reaching 48.28 and the lowest price hitting 47.78 during the day. At this point, ITOCHU is very steady. ITOCHU holds Efficiency (Sharpe) Ratio of 0.0248, which attests that the entity had a 0.0248% return per unit of volatility over the last 3 months. We have found thirty technical indicators for ITOCHU, which you can use to evaluate the volatility of the firm. Please check out ITOCHU's risk adjusted performance of 0.0127, and Market Risk Adjusted Performance of 0.0157 to validate if the risk estimate we provide is consistent with the expected return of 0.0414%.
ITOCHU Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ITOCHU |
Sharpe Ratio = 0.0248
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IOC |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average ITOCHU is performing at about 1% of its full potential. 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 it to a well-diversified portfolio.
ITOCHU Valuation on October 22, 2024
It is possible to determine the worth of ITOCHU on a given historical date. On October 22, 2024 ITOCHU was worth 46.38 at the beginning of the trading date compared to the closed value of 46.3. 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 | |
| 46.47 | 46.50 | 46.00 | 46.00 | 225.00 | |
10/22/2024 | 46.38 | 46.88 | 46.30 | 46.30 | 45.00 |
| 46.00 | 46.00 | 46.00 | 46.00 | 1.00 |
| Backtest ITOCHU | | | ITOCHU History | | | ITOCHU Valuation | Previous | Next |
ITOCHU Trading Date Momentum on October 22, 2024
| On October 23 2024 ITOCHU was traded for 46.00 at the closing time. The highest daily price throughout the period was 46.00 and the lowest price was 46.00 . There was no trading activity during the period 1.0. Lack of trading volume on 10/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.65% . The trading delta at closing time to current closing price is 1.92% . |
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.
Price Boundaries
ITOCHU Period Price Range
Low | December 11, 2024
| 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 December 11, 2024 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.
| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0057 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Transaction History View history of all your transactions and understand their impact on performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |