We advise to exercise analysis of Tree Island fundamentals to see if markets are presently mispricing the firm. We were able to break down and interpolate thirty-seven available drivers for Tree Island Steel, which can be compared to its competition. The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Tree Island to be traded at C$3.56 in 90 days. Key indicators impacting Tree Island's financial strength include:
Tree Island competes with Supremex, Conifex Timber, Exco Technologies, and Taiga Building. Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products for industrial, construction, agricultural, and specialty applications in Canada, the United States, and internationally. Tree Island Steel Ltd. was founded in 1964 and is headquartered in Richmond, Canada. TREE ISLAND operates under Steel classification in Canada and is traded on Toronto Stock Exchange. It employs 383 people.
You should never invest in Tree Island without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Tree Stock, because this is throwing your money away. Analyzing the key information contained in Tree Island's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Tree Island Key Financial Ratios
Tree Island's financial ratios allow both analysts and investors to convert raw data from Tree Island's financial statements into concise, actionable information that can be used to evaluate the performance of Tree Island over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Tree Island's current stock value. Our valuation model uses many indicators to compare Tree Island value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tree Island competition to find correlations between indicators driving Tree Island's intrinsic value. More Info.
Tree Island Steel is rated second in return on equity category among its peers. It is rated fourth in return on asset category among its peers . At this time, Tree Island's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Tree Island by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tree Island'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.
Tree Island Steel Systematic Risk
Tree Island's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tree Island volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tree Island Steel correlated with the market. If Beta is less than 0 Tree Island generally moves in the opposite direction as compared to the market. If Tree Island Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tree Island Steel is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tree Island is generally in the same direction as the market. If Beta > 1 Tree Island moves generally in the same direction as, but more than the movement of the benchmark.
Tree Island Steel Total Assets Over Time
Tree Island Thematic Clasifications
Tree Island Steel is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
Today, most investors in Tree Island Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tree Island's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Tree Island growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Tree Island help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tree Island Steel. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tree Island Steel based on widely used predictive technical indicators. In general, we focus on analyzing Tree Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tree Island's daily price indicators and compare them against related drivers.
Tree Island financial ratios help investors to determine whether Tree 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 Tree with respect to the benefits of owning Tree Island security.