Itronics Stock Market Value
| ITRO Stock | USD 0.0001 0.00 0.00% |
| Symbol | Itronics |
Itronics '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 Itronics' 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 Itronics.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Itronics on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Itronics or generate 0.0% return on investment in Itronics over 90 days. Itronics is related to or competes with Kenon Holdings, Weibo Corp, Pinterest, Antero Midstream, Sapiens International, Asure Software, and Atmos Energy. Itronics Inc. produces GOLDn GRO liquid fertilizers and pure silver bullion More
Itronics 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 Itronics' 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 Itronics upside and downside potential and time the market with a certain degree of confidence.
Itronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Itronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Itronics' standard deviation. In reality, there are many statistical measures that can use Itronics historical prices to predict the future Itronics' volatility.Itronics Backtested Returns
We have found three technical indicators for Itronics, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Itronics are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Itronics has perfect predictability. Overlapping area represents the amount of predictability between Itronics time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 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 Itronics price movement. The serial correlation of 1.0 indicates that 100.0% of current Itronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Itronics lagged returns against current returns
Autocorrelation, which is Itronics 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 Itronics' pink sheet expected returns. We can calculate the autocorrelation of Itronics returns to help us make a trade decision. For example, suppose you find that Itronics 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 |
Itronics 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 Itronics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Itronics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Itronics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Itronics Lagged Returns
When evaluating Itronics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Itronics pink sheet have on its future price. Itronics 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, Itronics autocorrelation shows the relationship between Itronics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Itronics.
Regressed Prices |
| Timeline |
Pair Trading with Itronics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Itronics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Itronics will appreciate offsetting losses from the drop in the long position's value.Moving against Itronics Pink Sheet
| 1.0 | SSNLF | Samsung Electronics Earnings Call This Week | PairCorr |
| 1.0 | PIFMF | PT Indofood Sukses Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Itronics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Itronics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Itronics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Itronics to buy it.
The correlation of Itronics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Itronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Itronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Itronics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Itronics Pink Sheet
Itronics financial ratios help investors to determine whether Itronics 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 Itronics with respect to the benefits of owning Itronics security.