ITP Capital Stock from 2010 to 2024

ITP Stock

USD 0.20 0.01 4.76%

IT Tech Capital Stock yearly trend continues to be relatively stable with very little volatility. Capital Stock is likely to drop to 8,606. Capital Stock is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. View All Fundamentals

Capital Stock

First Reported

2010-12-31

Previous Quarter

9.1 K

Current Value

8.6 K

Quarterly Volatility

21.2 K

Credit Downgrade

Yuan Drop

Covid

Check IT Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IT Tech's main balance sheet or income statement drivers, such as Interest Expense of 1.2 M, Selling General Administrative of 6.7 M or Other Operating Expenses of 103.7 M, as well as many indicators such as Price To Sales Ratio of 0.0342, Dividend Yield of 0.0072 or PTB Ratio of 0.0176. ITP financial statements analysis is a perfect complement when working with IT Tech Valuation or Volatility modules.

Check out the analysis of IT Tech Correlation against competitors.

Latest IT Tech's Capital Stock Growth Pattern

Below is the plot of the Capital Stock of IT Tech Packaging over the last few years. It is the total amount of a company's capital funded by shareholders through the issue and subscription of shares. IT Tech's Capital Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IT Tech's overall financial position and show how it may be relating to other accounts over time.

Capital Stock

10 Years Trend

Very volatile

Compare to Others All Fundamentals

Capital Stock

Timeline

ITP Capital Stock Regression Statistics

	Arithmetic Mean	25,283
	Geometric Mean	21,044
	Coefficient Of Variation	83.96
	Mean Deviation	10,269
	Median	22,360
	Standard Deviation	21,228
	Sample Variance	450.6M
	Range	90.4K
	R-Value	0.07
	Mean Square Error	483.1M
	R-Squared	0
	Significance	0.81
	Slope	315.68
	Total Sum of Squares	6.3B

ITP Capital Stock History

	2024	8606.43
	2023	9059.4
	2022	10.1 K
	2021	99 K
	2020	28.5 K
	2019	22.7 K

Other Fundumenentals of IT Tech Packaging

Issuance Of Capital Stock

IT Tech Capital Stock component correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Total Liab	Common Stock	Net Debt	Accounts Payable	Net Receivables	Total Current Assets	Short Term Debt	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.92	0.73	0.35	0.41	-0.16	0.18	0.51	0.61	0.26	0.88	-0.43	0.69	0.03	0.69	0.15	0.25	0.22	0.41	-0.22	0.24	0.03	0.22	0.23
Total Stockholder Equity	0.97		0.92	0.55	0.44	0.19	-0.3	0.32	0.59	0.42	0.1	0.77	-0.29	0.62	0.09	0.72	0.0	0.37	0.33	0.34	-0.35	0.37	-0.02	0.35	0.31
Retained Earnings	0.92	0.92		0.6	0.3	0.32	-0.29	0.1	0.3	0.48	0.08	0.82	-0.27	0.61	-0.09	0.57	-0.03	0.08	0.23	0.44	-0.24	0.16	-0.04	0.09	0.18
Total Liab	0.73	0.55	0.6		-0.01	0.88	0.28	-0.26	0.09	0.95	0.62	0.86	-0.67	0.66	-0.15	0.36	0.51	-0.16	-0.19	0.46	0.25	-0.21	0.14	-0.21	-0.06
Common Stock	0.35	0.44	0.3	-0.01		-0.14	-0.13	0.1	0.56	0.01	-0.13	-0.06	-0.01	0.16	-0.26	0.46	-0.13	0.31	0.22	0.11	-0.18	0.39	0.41	0.56	0.99
Net Debt	0.41	0.19	0.32	0.88	-0.14		0.48	-0.58	-0.24	0.91	0.62	0.65	-0.64	0.5	-0.35	0.11	0.55	-0.37	-0.49	0.4	0.51	-0.5	0.34	-0.41	-0.13
Accounts Payable	-0.16	-0.3	-0.29	0.28	-0.13	0.48		-0.38	-0.23	0.45	0.59	-0.02	-0.8	0.06	-0.28	-0.28	0.62	-0.3	-0.44	-0.34	0.46	-0.38	0.29	-0.26	-0.07
Net Receivables	0.18	0.32	0.1	-0.26	0.1	-0.58	-0.38		0.61	-0.34	-0.23	-0.02	0.11	0.2	0.76	0.5	-0.23	0.78	0.84	-0.11	-0.83	0.84	-0.61	0.75	0.0
Total Current Assets	0.51	0.59	0.3	0.09	0.56	-0.24	-0.23	0.61		0.06	-0.06	0.14	-0.05	0.28	0.23	0.5	-0.1	0.61	0.35	0.07	-0.29	0.6	0.12	0.8	0.5
Short Term Debt	0.61	0.42	0.48	0.95	0.01	0.91	0.45	-0.34	0.06		0.57	0.74	-0.74	0.66	-0.23	0.28	0.47	-0.24	-0.29	0.45	0.34	-0.29	0.24	-0.22	-0.01
Long Term Debt	0.26	0.1	0.08	0.62	-0.13	0.62	0.59	-0.23	-0.06	0.57		0.39	-0.7	0.14	-0.18	0.03	0.99	-0.22	-0.27	-0.29	0.32	-0.28	0.11	-0.21	-0.12
Property Plant Equipment	0.88	0.77	0.82	0.86	-0.06	0.65	-0.02	-0.02	0.14	0.74	0.39		-0.52	0.69	0.09	0.56	0.27	0.07	0.03	0.43	-0.07	0.01	-0.08	-0.12	-0.17
Current Deferred Revenue	-0.43	-0.29	-0.27	-0.67	-0.01	-0.64	-0.8	0.11	-0.05	-0.74	-0.7	-0.52		-0.51	0.08	-0.24	-0.66	0.05	0.12	0.1	-0.13	0.1	-0.08	0.06	0.01
Short Term Investments	0.69	0.62	0.61	0.66	0.16	0.5	0.06	0.2	0.28	0.66	0.14	0.69	-0.51		0.15	0.64	0.04	0.31	0.38	0.67	-0.29	0.33	-0.18	0.18	0.07
Intangible Assets	0.03	0.09	-0.09	-0.15	-0.26	-0.35	-0.28	0.76	0.23	-0.23	-0.18	0.09	0.08	0.15		0.48	-0.2	0.69	0.64	-0.05	-0.75	0.62	-0.74	0.42	-0.36
Net Tangible Assets	0.69	0.72	0.57	0.36	0.46	0.11	-0.28	0.5	0.5	0.28	0.03	0.56	-0.24	0.64	0.48		-0.03	0.72	0.57	0.3	-0.66	0.66	-0.22	0.56	0.34
Long Term Debt Total	0.15	0.0	-0.03	0.51	-0.13	0.55	0.62	-0.23	-0.1	0.47	0.99	0.27	-0.66	0.04	-0.2	-0.03		-0.22	-0.29	-0.39	0.33	-0.29	0.13	-0.2	-0.11
Capital Surpluse	0.25	0.37	0.08	-0.16	0.31	-0.37	-0.3	0.78	0.61	-0.24	-0.22	0.07	0.05	0.31	0.69	0.72	-0.22		0.66	0.0	-0.72	0.88	-0.27	0.77	0.23
Deferred Long Term Liab	0.22	0.33	0.23	-0.19	0.22	-0.49	-0.44	0.84	0.35	-0.29	-0.27	0.03	0.12	0.38	0.64	0.57	-0.29	0.66		0.13	-0.94	0.86	-0.74	0.55	0.11
Short Long Term Debt	0.41	0.34	0.44	0.46	0.11	0.4	-0.34	-0.11	0.07	0.45	-0.29	0.43	0.1	0.67	-0.05	0.3	-0.39	0.0	0.13		-0.02	0.05	0.02	-0.01	0.07
Long Term Investments	-0.22	-0.35	-0.24	0.25	-0.18	0.51	0.46	-0.83	-0.29	0.34	0.32	-0.07	-0.13	-0.29	-0.75	-0.66	0.33	-0.72	-0.94	-0.02		-0.82	0.74	-0.56	-0.06
Cash And Equivalents	0.24	0.37	0.16	-0.21	0.39	-0.5	-0.38	0.84	0.6	-0.29	-0.28	0.01	0.1	0.33	0.62	0.66	-0.29	0.88	0.86	0.05	-0.82		-0.43	0.74	0.3
Net Invested Capital	0.03	-0.02	-0.04	0.14	0.41	0.34	0.29	-0.61	0.12	0.24	0.11	-0.08	-0.08	-0.18	-0.74	-0.22	0.13	-0.27	-0.74	0.02	0.74	-0.43		-0.05	0.51
Net Working Capital	0.22	0.35	0.09	-0.21	0.56	-0.41	-0.26	0.75	0.8	-0.22	-0.21	-0.12	0.06	0.18	0.42	0.56	-0.2	0.77	0.55	-0.01	-0.56	0.74	-0.05		0.52
Capital Stock	0.23	0.31	0.18	-0.06	0.99	-0.13	-0.07	0.0	0.5	-0.01	-0.12	-0.17	0.01	0.07	-0.36	0.34	-0.11	0.23	0.11	0.07	-0.06	0.3	0.51	0.52

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About IT Tech Financial Statements

IT Tech shareholders use historical fundamental indicators, such as Capital Stock, to determine how well the company is positioned to perform in the future. Although IT Tech investors may analyze each financial statement separately, they are all interrelated. The changes in IT Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on IT Tech's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

		Last Reported	Projected for Next Year
	Capital Stock	9.1 K	8.6 K

Pair Trading with IT Tech

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 IT Tech 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 IT Tech will appreciate offsetting losses from the drop in the long position's value.

Moving together with ITP Stock

0.65

MAGN

Magnera Corp placeholder Symbol Change

Pair Corr

Moving against ITP Stock

0.54	SUZ	Suzano Papel e	Pair Corr
0.41	SLVM	Sylvamo Corp	Pair Corr

The ability to find closely correlated positions to IT Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IT Tech 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 IT Tech - 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 IT Tech Packaging to buy it.

The correlation of IT Tech 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 IT Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IT Tech Packaging 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 IT Tech 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.

Pair Correlation Correlation Matching

Additional Tools for ITP Stock Analysis

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

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ITP Capital Stock from 2010 to 2024

Latest IT Tech's Capital Stock Growth Pattern

ITP Capital Stock Regression Statistics

ITP Capital Stock History

Other Fundumenentals of IT Tech Packaging

IT Tech Capital Stock component correlations

About IT Tech Financial Statements

Pair Trading with IT Tech

Moving together with ITP Stock

Moving against ITP Stock

Additional Tools for ITP Stock Analysis

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