Alps Advisors Inc. Sells 12,249 Shares of Illinois Tool Works Inc. - MarketBeat
| ILT Stock | EUR 250.80 0.80 0.32% |
Roughly 53% of Illinois Tool's investor base is interested to short. The analysis of current outlook of investing in Illinois Tool Works suggests that many traders are impartial regarding Illinois Tool's prospects. The current market sentiment, together with Illinois Tool's historical and current headlines, can help investors time the market. In addition, many technical investors use Illinois Tool Works stock news signals to limit their universe of possible portfolio assets.
Illinois Tool stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Illinois daily returns and investor perception about the current price of Illinois Tool Works as well as its diversification or hedging effects on your existing portfolios.
Illinois |
Alps Advisors Inc. Sells 12,249 Shares of Illinois Tool Works Inc. MarketBeat
Read at news.google.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.
Target Price
Target Price Comparative Analysis
Illinois Tool is rated third overall in target price category among its peers.
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
| ALD | Honeywell International | 1.17 | ||||
| MMM | 3M | 0.96 | ||||
| 3EC | Eaton PLC | 0.51 | ||||
| ILT | Illinois Tool | 0.32 | ||||
| PAR | Parker Hannifin | 0.19 | ||||
| SND | Schneider Electric | 0.50 | ||||
| ABJA | ABB | 3.77 |
Complementary 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.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |