Ittefaq Iron Industries Stock Current Valuation
| ITTEFAQ Stock | 6.56 0.05 0.77% |
Valuation analysis of ITTEFAQ Iron Industries helps investors to measure ITTEFAQ Iron's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that ITTEFAQ Iron's price fluctuation is slightly risky at this time. Calculation of the real value of ITTEFAQ Iron Industries is based on 3 months time horizon. Increasing ITTEFAQ Iron's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
ITTEFAQ Iron's intrinsic value may or may not be the same as its current market price of 6.56, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 6.56 | Real 5.27 | Hype 6.56 | Naive 6.46 |
The intrinsic value of ITTEFAQ Iron's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence ITTEFAQ Iron's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of ITTEFAQ Iron Industries helps investors to forecast how ITTEFAQ stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of ITTEFAQ Iron more accurately as focusing exclusively on ITTEFAQ Iron's fundamentals will not take into account other important factors: ITTEFAQ Iron Industries Company Current Valuation Analysis
ITTEFAQ Iron's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, ITTEFAQ Iron Industries has a Current Valuation of 0.0. This is 100.0% lower than that of the Basic Materials sector and about the same as Metals & Mining (which currently averages 0.0) industry. The current valuation for all Pakistan stocks is 100.0% higher than that of the company.
ITTEFAQ Iron Industries is currently under evaluation in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Metals & Mining industry is currently estimated at about 0.0. ITTEFAQ Iron adds roughly 0.0 in current valuation claiming only tiny portion of all equities under Metals & Mining industry.
About ITTEFAQ Iron Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ITTEFAQ Iron Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ITTEFAQ Iron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ITTEFAQ Iron Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with ITTEFAQ Iron
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 ITTEFAQ Iron 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 ITTEFAQ Iron will appreciate offsetting losses from the drop in the long position's value.Moving together with ITTEFAQ Stock
The ability to find closely correlated positions to ITTEFAQ Iron could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ITTEFAQ Iron 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 ITTEFAQ Iron - 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 ITTEFAQ Iron Industries to buy it.
The correlation of ITTEFAQ Iron 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 ITTEFAQ Iron moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ITTEFAQ Iron Industries 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 ITTEFAQ Iron 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.Additional Tools for ITTEFAQ Stock Analysis
When running ITTEFAQ Iron's price analysis, check to measure ITTEFAQ Iron'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 ITTEFAQ Iron is operating at the current time. Most of ITTEFAQ Iron's value examination focuses on studying past and present price action to predict the probability of ITTEFAQ Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITTEFAQ Iron's price. Additionally, you may evaluate how the addition of ITTEFAQ Iron to your portfolios can decrease your overall portfolio volatility.