International Seaways Stock Market Value
| INSW Stock | USD 41.52 0.17 0.41% |
| Symbol | International |
International Seaways Price To Book Ratio
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Seaways. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Seaways listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Dividend Share 0.48 | Earnings Share 10.33 | Revenue Per Share 20.483 | Quarterly Revenue Growth (0.07) |
The market value of International Seaways is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Seaways' value that differs from its market value or its book value, called intrinsic value, which is International Seaways' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Seaways' market value can be influenced by many factors that don't directly affect International Seaways' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Seaways' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Seaways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Seaways' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
International Seaways 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to International Seaways' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of International Seaways.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in International Seaways on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding International Seaways or generate 0.0% return on investment in International Seaways over 360 days. International Seaways is related to or competes with DHT Holdings, Teekay, HUMANA, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petr... More
International Seaways Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure International Seaways' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess International Seaways upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 2.77 |
International Seaways Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Seaways' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Seaways' standard deviation. In reality, there are many statistical measures that can use International Seaways historical prices to predict the future International Seaways' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.25) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Seaways' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
International Seaways Backtested Returns
International Seaways holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. International Seaways exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out International Seaways' Market Risk Adjusted Performance of (0.24), risk adjusted performance of (0.09), and Standard Deviation of 1.9 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.97, which attests to possible diversification benefits within a given portfolio. International Seaways returns are very sensitive to returns on the market. As the market goes up or down, International Seaways is expected to follow. At this point, International Seaways has a negative expected return of -0.26%. Please make sure to check out International Seaways' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if International Seaways performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.87 |
Excellent reverse predictability
International Seaways has excellent reverse predictability. Overlapping area represents the amount of predictability between International Seaways time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of International Seaways price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current International Seaways price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.87 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 25.82 |
International Seaways lagged returns against current returns
Autocorrelation, which is International Seaways stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting International Seaways' stock expected returns. We can calculate the autocorrelation of International Seaways returns to help us make a trade decision. For example, suppose you find that International Seaways has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
International Seaways regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If International Seaways stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Seaways stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Seaways stock over time.
Current vs Lagged Prices |
| Timeline |
International Seaways Lagged Returns
When evaluating International Seaways' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Seaways stock have on its future price. International Seaways autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, International Seaways autocorrelation shows the relationship between International Seaways stock current value and its past values and can show if there is a momentum factor associated with investing in International Seaways.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for International Stock Analysis
When running International Seaways' price analysis, check to measure International Seaways' 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 International Seaways is operating at the current time. Most of International Seaways' value examination focuses on studying past and present price action to predict the probability of International Seaways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Seaways' price. Additionally, you may evaluate how the addition of International Seaways to your portfolios can decrease your overall portfolio volatility.