CPA CGA - International Tower Chief Officer
ITH Stock | CAD 0.64 0.01 1.54% |
Insider
CPA CGA is Chief Officer of International Tower Hill
Age | 46 |
Address | 200 Granville Street, Vancouver, BC, Canada, V6C 1S4 |
Phone | 604-683-6332 |
Web | https://www.ithmines.com |
International Tower Management Efficiency
The company has return on total asset (ROA) of (0.0365) % which means that it has lost $0.0365 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0586) %, meaning that it generated substantial loss on money invested by shareholders. International Tower's management efficiency ratios could be used to measure how well International Tower manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to drop to -0.06. In addition to that, Return On Capital Employed is likely to drop to -0.06. As of the 30th of November 2024, Total Assets is likely to grow to about 61.2 M, while Non Current Assets Total are likely to drop about 42.2 M.Similar Executives
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Management Performance
Return On Equity | -0.0586 | ||||
Return On Asset | -0.0365 |
International Tower Hill Leadership Team
Elected by the shareholders, the International Tower's board of directors comprises two types of representatives: International Tower inside directors who are chosen from within the company, and outside directors, selected externally and held independent of International. The board's role is to monitor International Tower's management team and ensure that shareholders' interests are well served. International Tower's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, International Tower's outside directors are responsible for providing unbiased perspectives on the board's policies.
Karl Hanneman, CEO Director | ||
CPA CGA, Chief Officer | ||
Debbie Evans, Corporate Controller | ||
Richard Solie, Investor Manager |
International Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is International Tower a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | -0.0586 | ||||
Return On Asset | -0.0365 | ||||
Current Valuation | 125.36 M | ||||
Shares Outstanding | 199.69 M | ||||
Shares Owned By Insiders | 0.51 % | ||||
Shares Owned By Institutions | 71.91 % | ||||
Number Of Shares Shorted | 74.68 K | ||||
Price To Earning | (14.65) X | ||||
Price To Book | 1.60 X | ||||
EBITDA | (101.85 K) |
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
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.