Insider Trading
| ITW Stock | USD 259.16 0.97 0.37% |
Slightly above 62% of Illinois Tool's investor base is looking to short. The analysis of overall sentiment of trading Illinois Tool Works stock suggests that many investors are alarmed at this time. Illinois Tool's investing sentiment can be driven by a variety of factors including economic data, Illinois Tool's earnings reports, geopolitical events, and overall market trends.
Illinois |
Filed transaction by Illinois Tool Works Officer Executive Vice President. Insider Public Trading
Read at macroaxis.com
Illinois Tool Fundamental Analysis
We analyze Illinois Tool's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Illinois Tool using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Illinois Tool 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Illinois Tool is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Illinois Tool Works Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Illinois Tool stock to make a market-neutral strategy. Peer analysis of Illinois Tool could also be used in its relative valuation, which is a method of valuing Illinois Tool by comparing valuation metrics with similar companies.
Peers
Illinois Tool Related Equities
| XYL | Xylem | 1.85 | ||||
| FELE | Franklin Electric | 0.64 | ||||
| PH | Parker Hannifin | 0.45 | ||||
| PNR | Pentair PLC | 0.21 | ||||
| AOS | Smith AO | 0.01 | ||||
| ROK | Rockwell Automation | 0.20 | ||||
| ETN | Eaton PLC | 0.20 | ||||
| IR | Ingersoll Rand | 0.22 | ||||
| EMR | Emerson Electric | 0.38 | ||||
| DOV | Dover | 0.85 | ||||
| CMI | Cummins | 0.95 |
Additional Tools for Illinois Stock Analysis
When running Illinois Tool's price analysis, check to measure Illinois Tool'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 Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.