ITOCHU Techno Cash And Equivalents vs. Current Valuation
| ITTOFDelisted Stock | USD 23.97 0.02 0.08% |
For ITOCHU Techno profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ITOCHU Techno to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ITOCHU Techno Solutions utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ITOCHU Techno's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ITOCHU Techno Solutions over time as well as its relative position and ranking within its peers.
ITOCHU |
ITOCHU Techno Solutions Current Valuation vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ITOCHU Techno's current stock value. Our valuation model uses many indicators to compare ITOCHU Techno value to that of its competitors to determine the firm's financial worth. ITOCHU Techno Solutions is currently regarded as number one stock in cash and equivalents category among its peers. It also is considered the number one company in current valuation category among its peers reporting about 0.04 of Current Valuation per Cash And Equivalents. The ratio of Cash And Equivalents to Current Valuation for ITOCHU Techno Solutions is roughly 25.30 . 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 ITOCHU Techno's earnings, one of the primary drivers of an investment's value.ITOCHU Current Valuation vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
ITOCHU Techno |
| = | 116.75 B |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
ITOCHU Techno |
| = | 4.61 B |
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.
ITOCHU Current Valuation vs Competition
ITOCHU Techno Solutions is considered the number one company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology Services industry is currently estimated at about 31.58 Billion. ITOCHU Techno retains roughly 4.61 Billion in current valuation claiming about 15% of equities under Information Technology Services industry.
ITOCHU Techno Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ITOCHU Techno, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ITOCHU Techno will eventually generate negative long term returns. The profitability progress is the general direction of ITOCHU Techno's change in net profit over the period of time. It can combine multiple indicators of ITOCHU Techno, 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.
ITOCHU Techno-Solutions Corporation engages in the sale, maintenance, and support of computers and network systems, software development, information processing, and support services in Japan, Asia, and internationally. ITOCHU Techno-Solutions Corporation is a subsidiary of ITOCHU Corporation. Itochu Techno-Solutions operates under Information Technology Services classification in the United States and is traded on OTC Exchange. It employs 9291 people.
ITOCHU Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ITOCHU Techno. 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 ITOCHU Techno 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 ITOCHU Techno's important profitability drivers and their relationship over time.
Use ITOCHU Techno 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 ITOCHU Techno 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 ITOCHU Techno will appreciate offsetting losses from the drop in the long position's value.ITOCHU Techno Pair Trading
ITOCHU Techno Solutions Pair Trading Analysis
The ability to find closely correlated positions to ITOCHU Techno could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ITOCHU Techno 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 ITOCHU Techno - 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 ITOCHU Techno Solutions to buy it.
The correlation of ITOCHU Techno 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 ITOCHU Techno moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ITOCHU Techno Solutions 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 ITOCHU Techno 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.Use Investing Themes to Complement your ITOCHU Techno position
In addition to having ITOCHU Techno 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.Did You Try This Idea?
Run Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software 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 Software Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in ITOCHU Pink Sheet
If you are still planning to invest in ITOCHU Techno Solutions check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ITOCHU Techno's history and understand the potential risks before investing.
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