Tower One Book Value Per Share vs. Total Debt
| 1P3N Stock | 0.03 0.00 0.00% |
For Tower One profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tower One to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tower One Wireless utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tower One's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tower One Wireless over time as well as its relative position and ranking within its peers.
Tower |
Tower One Wireless Total Debt vs. Book Value Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tower One's current stock value. Our valuation model uses many indicators to compare Tower One value to that of its competitors to determine the firm's financial worth. Tower One Wireless is number one stock in book value per share category among its peers. It also is the top company in total debt category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tower One's earnings, one of the primary drivers of an investment's value.Tower Total Debt vs. Book Value Per Share
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
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| = | (0.06) X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Tower One |
| = | 10.24 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Tower Total Debt vs Competition
Tower One Wireless is the top company in total debt category among its peers. Total debt of Telecom Services industry is presently estimated at about 126.04 Billion. Tower One adds roughly 10.24 Million in total debt claiming only tiny portion of equities listed under Telecom Services industry.
Tower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tower One. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tower One position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tower One's important profitability drivers and their relationship over time.
Use Tower One in pair-trading
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 Tower One 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 Tower One will appreciate offsetting losses from the drop in the long position's value.Tower One Pair Trading
Tower One Wireless Pair Trading Analysis
The ability to find closely correlated positions to Tower One could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tower One 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 Tower One - 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 Tower One Wireless to buy it.
The correlation of Tower One 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 Tower One moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tower One Wireless 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 Tower One 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.Use Investing Themes to Complement your Tower One position
In addition to having Tower One in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run High Dividend Yield ETFs Thematic Idea Now
High Dividend Yield ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The High Dividend Yield ETFs theme has 107 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize High Dividend Yield ETFs Theme or any other thematic opportunities.
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Additional Tools for Tower Stock Analysis
When running Tower One's price analysis, check to measure Tower One'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 Tower One is operating at the current time. Most of Tower One's value examination focuses on studying past and present price action to predict the probability of Tower One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower One's price. Additionally, you may evaluate how the addition of Tower One to your portfolios can decrease your overall portfolio volatility.