Intermap Technologies Current Ratio vs. Beta

ITMSF Stock  USD 1.20  0.05  4.35%   
Based on Intermap Technologies' profitability indicators, Intermap Technologies Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Intermap Technologies' ability to earn profits and add value for shareholders.
For Intermap Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Intermap Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Intermap Technologies Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Intermap Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Intermap Technologies Corp over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between Intermap Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Intermap Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intermap Technologies' 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.

Intermap Technologies Beta vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Intermap Technologies's current stock value. Our valuation model uses many indicators to compare Intermap Technologies value to that of its competitors to determine the firm's financial worth.
Intermap Technologies Corp is rated third overall in current ratio category among its peers. It is rated second overall in beta category among its peers totaling about  2.80  of Beta per Current Ratio. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Intermap Technologies' earnings, one of the primary drivers of an investment's value.

Intermap Beta vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Intermap Technologies

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
0.50 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Intermap Technologies

Beta

 = 

Covariance

Variance

 = 
1.4
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Intermap Beta Comparison

Intermap Technologies is currently under evaluation in beta category among its peers.

Beta Analysis

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Intermap Technologies will likely underperform.

Intermap Technologies Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Intermap Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Intermap Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Intermap Technologies' change in net profit over the period of time. It can combine multiple indicators of Intermap Technologies, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Intermap Technologies Corporation, a geospatial intelligence company, provides various geospatial solutions and analytics in the United States, the Asia Pacific, and Europe. The company was founded in 1996 and is headquartered in Englewood, Colorado. INTERMAP TECHNOLOGIES operates under SoftwareApplication classification in the United States and is traded on OTC Exchange. It employs 72 people.

Intermap Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Intermap Technologies. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Intermap Technologies position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Intermap Technologies' important profitability drivers and their relationship over time.

Use Intermap Technologies in pair-trading

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 Intermap Technologies 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 Intermap Technologies will appreciate offsetting losses from the drop in the long position's value.

Intermap Technologies Pair Trading

Intermap Technologies Corp Pair Trading Analysis

The ability to find closely correlated positions to Intermap Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Intermap Technologies 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 Intermap Technologies - 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 Intermap Technologies Corp to buy it.
The correlation of Intermap Technologies 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 Intermap Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Intermap Technologies 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 Intermap Technologies 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Intermap Technologies position

In addition to having Intermap Technologies in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Iron
Iron Theme
Companies involved in production of steel and iron. The Iron theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
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Other Information on Investing in Intermap OTC Stock

To fully project Intermap Technologies' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Intermap Technologies at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Intermap Technologies' income statement, its balance sheet, and the statement of cash flows.
Potential Intermap Technologies investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Intermap Technologies investors may work on each financial statement separately, they are all related. The changes in Intermap Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Intermap Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.