Itt Inc Stock Price on May 9, 2023

ITT Stock  USD 149.06  2.64  1.74%   
Below is the normalized historical share price chart for ITT Inc extending back to December 15, 1995. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ITT stands at 149.06, as last reported on the 19th of December, with the highest price reaching 151.14 and the lowest price hitting 148.49 during the day.
IPO Date
18th of December 1995
200 Day MA
138.1105
50 Day MA
151.1064
Beta
1.413
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in ITT Stock, it is important to understand the factors that can impact its price. Currently, ITT Inc is very steady. ITT Inc holds Efficiency (Sharpe) Ratio of 0.046, which attests that the entity had a 0.046% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for ITT Inc, which you can use to evaluate the volatility of the firm. Please check out ITT's market risk adjusted performance of 0.5658, and Risk Adjusted Performance of 0.0863 to validate if the risk estimate we provide is consistent with the expected return of 0.0612%.
  
At this time, ITT's Common Stock Total Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 7.1 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 78 M in 2024. . Price To Sales Ratio is likely to gain to 3.14 in 2024. Price Earnings Ratio is likely to gain to 25.12 in 2024. ITT Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.046

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Estimated Market Risk

 1.33
  actual daily
11
89% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average ITT is performing at about 3% 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 ITT by adding it to a well-diversified portfolio.
Price Book
4.4189
Enterprise Value Ebitda
16.5442
Price Sales
3.284
Shares Float
81.1 M
Dividend Share
1.247

ITT Valuation on May 9, 2023

It is possible to determine the worth of ITT on a given historical date. On May 9, 2023 ITT was worth 81.82 at the beginning of the trading date compared to the closed value of 80.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ITT stock. Still, in general, we apply an absolute valuation method to find ITT'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 ITT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ITT's related companies.
 Open High Low Close Volume
  82.78    82.86    81.14    82.27    452,400  
05/09/2023
  81.82    82.32    80.29    80.81    478,900  
  81.64    82.12    79.58    80.70    347,900  
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Open Value
81.82
80.81
Closing Value
85.81
Upside

ITT Trading Date Momentum on May 9, 2023

On May 10 2023 ITT Inc was traded for  80.70  at the closing time. Highest ITT's price during the trading hours was 82.12  and the lowest price during the day was  79.58 . The net volume was 347.9 K. The overall trading history on the 10th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.14% . The trading delta at closing time to current price is 1.19% .

ITT Inc Fundamentals Correlations and Trends

By evaluating ITT'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 ITT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ITT financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ITT Stock history

ITT 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 ITT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ITT Inc 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 ITT stock prices may prove useful in developing a viable investing in ITT
Last ReportedProjected for Next Year
Common Stock Shares Outstanding82.7 M76.4 M
Net Income Applicable To Common Shares330.3 M281.3 M

ITT Quarterly Net Working Capital

736.1 Million

ITT Stock Technical Analysis

ITT 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 ITT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ITT 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

ITT Period Price Range

Low
December 19, 2024
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High

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ITT Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

ITT December 19, 2024 Market Strength

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

ITT Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ITT's price direction in advance. Along with the technical and fundamental analysis of ITT Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ITT 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.

Additional Tools for ITT Stock Analysis

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