International Tower Shares Owned By Institutions vs. Book Value Per Share
| ITH Stock | CAD 0.67 0.01 1.47% |
For International Tower profitability analysis, we use financial ratios and fundamental drivers that measure the ability of International Tower to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well International Tower Hill utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between International Tower's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of International Tower Hill over time as well as its relative position and ranking within its peers.
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International Tower Hill Book Value Per Share vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining International Tower's current stock value. Our valuation model uses many indicators to compare International Tower value to that of its competitors to determine the firm's financial worth. International Tower Hill is currently regarded as number one stock in shares owned by institutions category among its peers. It also is currently regarded as number one stock in book value per share category among its peers . The ratio of Shares Owned By Institutions to Book Value Per Share for International Tower Hill is about 246.28 . At this time, International Tower's Book Value Per Share is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value International Tower by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for International Tower's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.International Book Value Per Share vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
International Tower |
| = | 71.91 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
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.
International Tower |
| = | 0.29 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.
International Book Value Per Share Comparison
International Tower is currently under evaluation in book value per share category among its peers.
International Tower Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in International Tower, profitability is also one of the essential criteria for including it into their portfolios because, without profit, International Tower will eventually generate negative long term returns. The profitability progress is the general direction of International Tower's change in net profit over the period of time. It can combine multiple indicators of International Tower, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.5 M | 1.6 M | |
| Operating Income | -3.3 M | -3.4 M | |
| Net Loss | -3.4 M | -3.6 M | |
| Income Tax Expense | (101.85) | (106.94) | |
| Income Before Tax | -3.4 M | -3.6 M | |
| Total Other Income Expense Net | -117.9 K | -112 K | |
| Net Loss | -3.4 M | -3.6 M | |
| Net Loss | -3.5 M | -3.7 M | |
| Interest Income | 97.1 K | 92.3 K | |
| Net Interest Income | 97.1 K | 72.6 K | |
| Change To Netincome | 515.7 K | 541.5 K | |
| Net Loss | (0.02) | (0.02) | |
| Income Quality | 0.94 | 0.66 | |
| Net Income Per E B T | 1.69 | 0.85 |
International Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on International Tower. 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 International Tower 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 International Tower's important profitability drivers and their relationship over time.
Use International Tower 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 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.International Tower Pair Trading
International Tower Hill Pair Trading Analysis
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.Use Investing Themes to Complement your International Tower position
In addition to having International Tower 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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
To fully project International Tower's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of International Tower Hill at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include International Tower's income statement, its balance sheet, and the statement of cash flows.