Industrial Tech Acquisitions Stock Net Income
| ITAQDelisted Stock | USD 10.62 0.00 0.00% |
Industrial Tech Acquisitions fundamentals help investors to digest information that contributes to Industrial Tech's financial success or failures. It also enables traders to predict the movement of Industrial Stock. The fundamental analysis module provides a way to measure Industrial Tech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Industrial Tech stock.
Industrial |
Industrial Tech Acquisitions Company Net Income Analysis
Industrial Tech's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Industrial Tech Net Income | 4.89 M |
Most of Industrial Tech's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Industrial Tech Acquisitions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
CompetitionBased on the recorded statements, Industrial Tech Acquisitions reported net income of 4.89 M. This is 99.62% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 99.14% higher than that of the company.
Industrial Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Industrial Tech's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Industrial Tech could also be used in its relative valuation, which is a method of valuing Industrial Tech by comparing valuation metrics of similar companies.Industrial Tech is currently under evaluation in net income category among its peers.
Industrial Fundamentals
| Return On Asset | -0.0107 | |||
| Current Valuation | 61.57 M | |||
| Shares Outstanding | 1.35 M | |||
| Shares Owned By Institutions | 100.00 % | |||
| Number Of Shares Shorted | 104 | |||
| Price To Earning | 67.07 X | |||
| Price To Book | 1.28 X | |||
| EBITDA | (5.97 M) | |||
| Net Income | 4.89 M | |||
| Cash And Equivalents | 745.69 K | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 127.39 K | |||
| Debt To Equity | 6.00 % | |||
| Current Ratio | 4.12 X | |||
| Book Value Per Share | (1.71) X | |||
| Cash Flow From Operations | (1.38 M) | |||
| Short Ratio | 0.02 X | |||
| Earnings Per Share | 0.15 X | |||
| Market Capitalization | 61.99 M | |||
| Total Asset | 179.15 M | |||
| Retained Earnings | (7.16 M) | |||
| Working Capital | (292.76 K) | |||
| Net Asset | 179.15 M |
About Industrial Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Industrial Tech Acquisitions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Industrial Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Industrial Tech Acquisitions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Industrial 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 Industrial 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 Industrial Tech will appreciate offsetting losses from the drop in the long position's value.Moving against Industrial Stock
| 0.6 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.58 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.58 | BKRKY | Bank Rakyat | PairCorr |
| 0.57 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.53 | PBCRY | Bank Central Asia | PairCorr |
The ability to find closely correlated positions to Industrial 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 Industrial 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 Industrial 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 Industrial Tech Acquisitions to buy it.
The correlation of Industrial 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 Industrial Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Industrial Tech Acqu 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 Industrial 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.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Industrial Stock
If you are still planning to invest in Industrial Tech Acqu check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Industrial Tech's history and understand the potential risks before investing.
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