IROQ Historical Valuation
| IROQ Stock | USD 22.04 0.78 3.42% |
Some fundamental drivers such as market cap or IF Bancorp enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze IF Bancorp valuation indicators such as Enterprise Value of 107.4 M to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of IF Bancorp's future value.
IROQ |
About IROQ Valuation Data Analysis
Valuation is the financial process of determining what IF Bancorp is worth. IF Bancorp valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. IF Bancorp valuation ratios help investors to determine whether IROQ Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in IROQ with respect to the benefits of owning IF Bancorp security.
IF Bancorp Valuation Data Chart
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as IF Bancorp theoretical takeover price. In the event of an acquisition, an acquirer would have to take on IF Bancorp debt, but would also pocket its cash. Enterprise Value is more accurate representation of IF Bancorp value than its market capitalization because it takes into account all of IF Bancorp existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Pair Trading with IF Bancorp
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 IF Bancorp 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 IF Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with IROQ Stock
| 0.64 | AX | Axos Financial | PairCorr |
| 0.68 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against IROQ Stock
| 0.85 | TFC-PO | Truist Financial | PairCorr |
| 0.84 | TFC-PR | Truist Financial | PairCorr |
| 0.83 | CFG-PE | Citizens Financial | PairCorr |
| 0.62 | WF | Woori Financial Group | PairCorr |
| 0.53 | NU | Nu Holdings | PairCorr |
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp 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 IF Bancorp - 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 IF Bancorp to buy it.
The correlation of IF Bancorp 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 IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp 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 IF Bancorp 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.Additional Tools for IROQ Stock Analysis
When running IF Bancorp's price analysis, check to measure IF Bancorp'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 IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.