Itoco Inc Stock Market Value
| ITMC Stock | USD 0 0 66.67% |
| Symbol | Itoco |
Itoco 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Itoco's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Itoco.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Itoco on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Itoco Inc or generate 0.0% return on investment in Itoco over 90 days. Itoco is related to or competes with Cardio Diagnostics, Arcus Biosciences, Shattuck Labs, Champions Oncology, Century Therapeutics, Design Therapeutics, and Achilles Therapeutics. Itoco Inc. engages in the processing, production, and distribution of medical cannabis products More
Itoco Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Itoco's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Itoco Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1418 | |||
| Maximum Drawdown | 176.27 | |||
| Potential Upside | 20.0 |
Itoco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itoco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Itoco's standard deviation. In reality, there are many statistical measures that can use Itoco historical prices to predict the future Itoco's volatility.| Risk Adjusted Performance | 0.129 | |||
| Jensen Alpha | 3.03 | |||
| Total Risk Alpha | 5.67 | |||
| Treynor Ratio | 4.33 |
Itoco Inc Backtested Returns
Itoco is out of control given 3 months investment horizon. Itoco Inc holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14 % return per unit of risk over the last 3 months. We have collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.01% are justified by taking the suggested risk. Use Itoco Inc Market Risk Adjusted Performance of 4.34, standard deviation of 21.64, and Risk Adjusted Performance of 0.129 to evaluate company specific risk that cannot be diversified away. Itoco holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Itoco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Itoco is expected to be smaller as well. Use Itoco Inc skewness, as well as the relationship between the day median price and relative strength index , to analyze future returns on Itoco Inc.
Auto-correlation | 0.00 |
No correlation between past and present
Itoco Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Itoco time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Itoco Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Itoco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Itoco Inc lagged returns against current returns
Autocorrelation, which is Itoco pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Itoco's pink sheet expected returns. We can calculate the autocorrelation of Itoco returns to help us make a trade decision. For example, suppose you find that Itoco has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Itoco regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Itoco pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Itoco pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Itoco pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Itoco Lagged Returns
When evaluating Itoco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Itoco pink sheet have on its future price. Itoco autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Itoco autocorrelation shows the relationship between Itoco pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Itoco Inc.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Itoco Pink Sheet
Itoco financial ratios help investors to determine whether Itoco Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Itoco with respect to the benefits of owning Itoco security.