Italtile (South Africa) Price on August 2, 2023
| ITE Stock | 1,414 10.00 0.71% |
If you're considering investing in Italtile Stock, it is important to understand the factors that can impact its price. As of today, the current price of Italtile stands at 1,414, as last reported on the 1st of January, with the highest price reaching 1,429 and the lowest price hitting 1,361 during the day. Italtile appears to be very steady, given 3 months investment horizon. Italtile holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Italtile, which you can use to evaluate the volatility of the firm. Please utilize Italtile's Risk Adjusted Performance of 0.0972, market risk adjusted performance of 3.75, and Downside Deviation of 1.76 to validate if our risk estimates are consistent with your expectations.
Italtile Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Italtile |
Sharpe Ratio = 0.1188
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ITE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Italtile is performing at about 9% 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 Italtile by adding it to a well-diversified portfolio.
Italtile Valuation on August 2, 2023
It is possible to determine the worth of Italtile on a given historical date. On August 2, 2023 Italtile was worth 1230.0 at the beginning of the trading date compared to the closed value of 1220.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Italtile stock. Still, in general, we apply an absolute valuation method to find Italtile'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 Italtile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Italtile's related companies.
| Open | High | Low | Close | Volume | |
| 1,245 | 1,251 | 1,220 | 1,240 | 154,440 | |
08/02/2023 | 1,230 | 1,240 | 1,190 | 1,220 | 480,242 |
| 1,230 | 1,230 | 1,190 | 1,190 | 15,659 |
| Backtest Italtile | | | Italtile History | | | Italtile Valuation | Previous | Next |
Italtile Trading Date Momentum on August 2, 2023
| On August 03 2023 Italtile was traded for 1,190 at the closing time. The highest price during the trading period was 1,230 and the lowest recorded bid was listed for 1,190 . The volume for the day was 15.7 K. This history from August 3, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.46% . The trading delta at closing time to the current price is 0.90% . |
Italtile Fundamentals Correlations and Trends
By evaluating Italtile'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 Italtile's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Italtile financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Italtile Stock history
Italtile 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 Italtile is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Italtile 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 Italtile stock prices may prove useful in developing a viable investing in Italtile
Italtile Stock Technical Analysis
Italtile 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
Italtile Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Italtile cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Italtile January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Italtile stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Italtile shares will generate the highest return on investment. By undertsting and applying Italtile stock market strength indicators, traders can identify Italtile entry and exit signals to maximize returns
Italtile Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Italtile's price direction in advance. Along with the technical and fundamental analysis of Italtile Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Italtile 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 | 0.0972 | |||
| Jensen Alpha | 0.1782 | |||
| Total Risk Alpha | 0.1765 | |||
| Sortino Ratio | 0.101 | |||
| Treynor Ratio | 3.74 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Italtile Stock analysis
When running Italtile's price analysis, check to measure Italtile'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 Italtile is operating at the current time. Most of Italtile's value examination focuses on studying past and present price action to predict the probability of Italtile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Italtile's price. Additionally, you may evaluate how the addition of Italtile to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |