Independence Historical Valuation
| ICD Stock | USD 1.38 0.06 4.17% |
Some fundamental drivers such as market cap or Independence Contract enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Independence Contract valuation indicators such as Enterprise Value of 113.2 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 Independence Contract's future value.
Independence |
About Independence Valuation Data Analysis
Valuation is the financial process of determining what Independence Contract is worth. Independence Contract 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. Independence Contract valuation ratios help investors to determine whether Independence 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 Independence with respect to the benefits of owning Independence Contract security.
Independence Contract Valuation Data Chart
Enterprise Value
Enterprise Value (or EV) is usually referred to as Independence Contract theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Independence Contract debt, but would also pocket its cash. Enterprise Value is more accurate representation of Independence Contract value than its market capitalization because it takes into account all of Independence Contract Drilling 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.Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Independence Stock
When determining whether Independence Contract is a strong investment it is important to analyze Independence Contract's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Independence Contract's future performance. For an informed investment choice regarding Independence Stock, refer to the following important reports:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Independence Contract Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Energy Equipment & Services 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 Independence Contract. If investors know Independence 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 Independence Contract listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.31) | Revenue Per Share 13.618 | Quarterly Revenue Growth (0.27) | Return On Assets 0.0033 | Return On Equity (0.24) |
The market value of Independence Contract is measured differently than its book value, which is the value of Independence that is recorded on the company's balance sheet. Investors also form their own opinion of Independence Contract's value that differs from its market value or its book value, called intrinsic value, which is Independence Contract'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 Independence Contract's market value can be influenced by many factors that don't directly affect Independence Contract'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 Independence Contract's value and its price as these two are different measures arrived at by different means. Investors typically determine if Independence Contract is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Independence Contract'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.