Ituran Location And Stock Price Prediction
| ITRN Stock | USD 29.80 0.11 0.37% |
Oversold Vs Overbought
56
Oversold | Overbought |
Quarterly Earnings Growth 0.084 | EPS Estimate Next Quarter 0.65 | EPS Estimate Current Year 2.68 | EPS Estimate Next Year 3.03 | Wall Street Target Price 36.85 |
Using Ituran Location hype-based prediction, you can estimate the value of Ituran Location and from the perspective of Ituran Location response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Ituran Location to buy its stock at a price that has no basis in reality. In that case, they are not buying Ituran because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Ituran Location after-hype prediction price | USD 29.85 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Ituran |
Ituran Location After-Hype Price Prediction Density Analysis
As far as predicting the price of Ituran Location at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ituran Location or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ituran Location, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ituran Location Estimiated After-Hype Price Volatility
In the context of predicting Ituran Location's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ituran Location's historical news coverage. Ituran Location's after-hype downside and upside margins for the prediction period are 28.57 and 31.13, respectively. We have considered Ituran Location's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ituran Location is very steady at this time. Analysis and calculation of next after-hype price of Ituran Location is based on 3 months time horizon.
Ituran Location Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Ituran Location is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ituran Location backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ituran Location, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 1.29 | 0.05 | 0.00 | 8 Events / Month | 4 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
29.80 | 29.85 | 0.17 |
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Ituran Location Hype Timeline
Ituran Location is currently traded for 29.80. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of 0.0. Ituran is projected to increase in value after the next headline, with the price projected to jump to 29.85 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.17%, whereas the daily expected return is currently at 0.12%. The volatility of related hype on Ituran Location is about 4031.25%, with the expected price after the next announcement by competition of 29.80. The company reported the previous year's revenue of 319.98 M. Net Income was 48.14 M with profit before overhead, payroll, taxes, and interest of 137.56 M. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Ituran Location Basic Forecasting Models to cross-verify your projections.Ituran Location Related Hype Analysis
Having access to credible news sources related to Ituran Location's direct competition is more important than ever and may enhance your ability to predict Ituran Location's future price movements. Getting to know how Ituran Location's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ituran Location may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| SILC | Silicom | (0.54) | 4 per month | 1.68 | 0.04 | 3.93 | (3.07) | 12.10 | |
| ALLT | Allot Communications | 0.12 | 5 per month | 2.42 | 0.09 | 8.03 | (5.16) | 17.67 | |
| SPNS | Sapiens International | (0.70) | 7 per month | 0.00 | (0.13) | 2.21 | (3.04) | 31.27 | |
| FORTY | Formula Systems 1985 | (1.42) | 5 per month | 2.58 | 0.05 | 3.76 | (4.95) | 14.81 | |
| NVMI | Nova | 2.38 | 7 per month | 0.00 | (0.12) | 5.57 | (7.05) | 17.04 |
Ituran Location Additional Predictive Modules
Most predictive techniques to examine Ituran price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ituran using various technical indicators. When you analyze Ituran charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Statistic Functions | ||
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| Volume Indicators |
About Ituran Location Predictive Indicators
The successful prediction of Ituran Location stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Ituran Location and, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Ituran Location based on analysis of Ituran Location hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ituran Location's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ituran Location's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0285 | 0.0266 | 0.0212 | 0.0202 | Price To Sales Ratio | 2.04 | 1.47 | 1.7 | 3.2 |
Story Coverage note for Ituran Location
The number of cover stories for Ituran Location depends on current market conditions and Ituran Location's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Ituran Location is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Ituran Location's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Ituran Location Short Properties
Ituran Location's future price predictability will typically decrease when Ituran Location's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Ituran Location and often depends not only on the future outlook of the potential Ituran Location's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ituran Location's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 20 M | |
| Cash And Short Term Investments | 53.6 M |
Check out Ituran Location Basic Forecasting Models to cross-verify your projections. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ituran Location. If investors know Ituran will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ituran Location listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.084 | Earnings Share 2.61 | Revenue Per Share 16.522 | Quarterly Revenue Growth 0.039 | Return On Assets 0.1368 |
The market value of Ituran Location is measured differently than its book value, which is the value of Ituran that is recorded on the company's balance sheet. Investors also form their own opinion of Ituran Location's value that differs from its market value or its book value, called intrinsic value, which is Ituran Location's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ituran Location's market value can be influenced by many factors that don't directly affect Ituran Location's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ituran Location's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ituran Location is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ituran Location's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.