International Total Assets from 2010 to 2026
| ITH Stock | CAD 3.04 0.39 14.72% |
Total Assets | First Reported 2002-06-30 | Previous Quarter 58.5 M | Current Value 57.9 M | Quarterly Volatility 45.9 M |
Check International Tower financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among International Tower's main balance sheet or income statement drivers, such as Interest Expense of 8.2 K, Other Operating Expenses of 3.9 M or Total Operating Expenses of 3.9 M, as well as many indicators such as Price To Sales Ratio of 324.1 K, Dividend Yield of 0.0 or PTB Ratio of 1.76. International financial statements analysis is a perfect complement when working with International Tower Valuation or Volatility modules.
International | Total Assets |
Latest International Tower's Total Assets Growth Pattern
Below is the plot of the Total Assets of International Tower Hill over the last few years. Total assets refers to the total amount of International Tower assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in International Tower Hill books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. International Tower's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in International Tower's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 56.52 M | 10 Years Trend |
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Total Assets |
| Timeline |
International Total Assets Regression Statistics
| Arithmetic Mean | 64,331,506 | |
| Geometric Mean | 52,567,030 | |
| Coefficient Of Variation | 32.45 | |
| Mean Deviation | 11,414,905 | |
| Median | 63,304,940 | |
| Standard Deviation | 20,876,537 | |
| Sample Variance | 435.8T | |
| Range | 108.3M | |
| R-Value | (0.07) | |
| Mean Square Error | 462.8T | |
| R-Squared | 0 | |
| Significance | 0.80 | |
| Slope | (279,339) | |
| Total Sum of Squares | 6973.3T |
International Total Assets History
About International Tower Financial Statements
International Tower investors utilize fundamental indicators, such as Total Assets, to predict how International Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Total Assets | 65 M | 61.2 M |
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
| 0.52 | ATH | Athabasca Oil Corp | PairCorr |
| 0.44 | ISRG | Intuitive Surgical CDR | PairCorr |
| 0.31 | CVE | Cenovus Energy | 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 the analysis of International Tower Correlation against competitors. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.