International Tower Hill Stock Market Value
| THM Stock | USD 0.66 0.02 3.13% |
| Symbol | International |
International Tower Hill Price To Book Ratio
Is Metals & Mining 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 Tower. 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 Tower listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of International Tower Hill 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 Tower's value that differs from its market value or its book value, called intrinsic value, which is International Tower's 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 Tower's market value can be influenced by many factors that don't directly affect International Tower's 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 Tower's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Tower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Tower's 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 Tower '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 Tower's 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 Tower.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in International Tower on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding International Tower Hill or generate 0.0% return on investment in International Tower over 90 days. International Tower is related to or competes with Vista Gold, Paramount Gold, and Tanzanian Royalty. International Tower Hill Mines Ltd., a mineral exploration company, engages in the acquisition, exploration, and develop... More
International Tower 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 Tower's 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 Tower Hill upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.72 | |||
| Information Ratio | 0.1755 | |||
| Maximum Drawdown | 20.94 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 7.55 |
International Tower Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Tower's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Tower's standard deviation. In reality, there are many statistical measures that can use International Tower historical prices to predict the future International Tower's volatility.| Risk Adjusted Performance | 0.1303 | |||
| Jensen Alpha | 0.5799 | |||
| Total Risk Alpha | 1.34 | |||
| Sortino Ratio | 0.2035 | |||
| Treynor Ratio | (2.57) |
International Tower Hill Backtested Returns
International Tower appears to be extremely dangerous, given 3 months investment horizon. International Tower Hill holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15 % return per unit of risk over the last 3 months. By evaluating International Tower's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize International Tower's Risk Adjusted Performance of 0.1303, downside deviation of 3.72, and Market Risk Adjusted Performance of (2.56) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Tower holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning International Tower are expected to decrease at a much lower rate. During the bear market, International Tower is likely to outperform the market. Please check International Tower's downside variance, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether International Tower's current trending patterns will revert.
Auto-correlation | -0.12 |
Insignificant reverse predictability
International Tower Hill has insignificant reverse predictability. Overlapping area represents the amount of predictability between International Tower time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Tower Hill price movement. The serial correlation of -0.12 indicates that less than 12.0% of current International Tower price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Tower Hill lagged returns against current returns
Autocorrelation, which is International Tower 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 Tower's stock expected returns. We can calculate the autocorrelation of International Tower returns to help us make a trade decision. For example, suppose you find that International Tower 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 Tower 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 Tower stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Tower stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Tower stock over time.
Current vs Lagged Prices |
| Timeline |
International Tower Lagged Returns
When evaluating International Tower's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Tower stock have on its future price. International Tower 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 Tower autocorrelation shows the relationship between International Tower stock current value and its past values and can show if there is a momentum factor associated with investing in International Tower Hill.
Regressed Prices |
| Timeline |
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International Tower technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.