International Historical Valuation
| ITH Stock | CAD 0.67 0.01 1.47% |
Some fundamental drivers such as market cap or International Tower enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze International Tower Hill valuation indicators such as Enterprise Value of 83 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of International Tower's future value.
International Tower Working Capital |
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International |
About International Valuation Data Analysis
Valuation is the financial process of determining what International Tower is worth. International Tower valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. International Tower valuation ratios help investors to determine whether International Stock 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 International with respect to the benefits of owning International Tower security.
International Tower Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as International Tower theoretical takeover price. In the event of an acquisition, an acquirer would have to take on International Tower Hill debt, but would also pocket its cash. Enterprise Value is more accurate representation of International Tower value than its market capitalization because it takes into account all of International Tower Hill existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from International Tower's valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into International Tower Hill current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, International Tower's Market Cap is very stable compared to the past year. As of the 22nd of December 2024, Enterprise Value is likely to grow to about 83 M, while Working Capital is likely to drop about 14.2 K.
| 2023 | 2024 (projected) | Working Capital | 15.0K | 14.2K | Market Cap | 74.7M | 98.3M |
International Tower valuation accounts Correlations
International Tower Account Relationship Matchups
High Positive Relationship
High Negative Relationship
International Tower valuation accounts Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 101.1M | 262.0M | 143.2M | 83.0M | 74.7M | 98.3M | |
| Enterprise Value | 94.2M | 249.0M | 135.4M | 78.2M | 70.3M | 83.0M |
Pair Trading with International Tower
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 International Tower 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 International Tower will appreciate offsetting losses from the drop in the long position's value.Moving together with International Stock
Moving against International Stock
| 0.65 | ARX | ARC Resources | PairCorr |
| 0.54 | WMT | Walmart Inc CDR | PairCorr |
| 0.53 | AMZN | Amazon CDR | PairCorr |
| 0.38 | GOOG | Alphabet CDR | PairCorr |
| 0.37 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to International Tower could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Tower 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 International Tower - 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 International Tower Hill to buy it.
The correlation of International Tower 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 International Tower moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Tower Hill 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 International Tower 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, which includes a position in International Tower Hill. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.