Bullish Case: Continued robust dividend distributions, increased institutional interest, and a resilient subscriber base signal market confidence in ITRN's stability and growth potential.


Bearish Case: Given ITRN's historical mean reversion trend, recent price action, and a negative five-year return, there's potential for stagnation or downward price movement.


Potential Outcomes: Near-term volatility rise: 35%. Strong mean-reversion track record implies stability: 40%. Impact from unexpected market news or sector shifts: 25%.


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April 04, 2024


Ituran Location And Control Forecast

ITRN        Ituran Location And Control
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with ITRN



VAL Forecast + Options Trading Strategies   [VAL]  Valaris (0.84)


NOG Forecast + Options Trading Strategies   [NOG]  Northern Oil and Gas (0.82)


NE Forecast + Options Trading Strategies   [NE]  Noble (0.81)


OIH Forecast + Options Trading Strategies   [OIH]  VanEck Vectors Oil Services (0.81)


XOP Forecast + Options Trading Strategies   [XOP]  SPDR Oil & Gas Exploration and Production (0.79)



Uncorrelated Stock Forecasts

Assets with little price relationship to ITRN



TRIP Forecast + Options Trading Strategies   [TRIP]  TripAdvisor (-0.0)


ENVX Forecast + Options Trading Strategies   [ENVX]  Enovix (0.0)


RC Forecast + Options Trading Strategies   [RC]  Ready (0.0)


IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (0.0)


KLIC Forecast + Options Trading Strategies   [KLIC]  Kulicke & Soffa Industries (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against ITRN



NKE Forecast + Options Trading Strategies   [NKE]  Nike (-0.6)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.64)


XEL Forecast + Options Trading Strategies   [XEL]  Xcel Energy (-0.67)


DRIP Forecast + Options Trading Strategies   [DRIP]  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.77)


ERY Forecast + Options Trading Strategies   [ERY]  Direxion Daily Energy Bear 2X Shares (-0.78)





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