High Tide Stock Price on December 10, 2024
If you're considering investing in High Stock, it is important to understand the factors that can impact its price. High Tide appears to be relatively risky, given 3 months investment horizon. High Tide holds Efficiency (Sharpe) Ratio of 0.0895, which attests that the entity had a 0.0895 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for High Tide, which you can use to evaluate the volatility of the firm. Please utilize High Tide's Market Risk Adjusted Performance of (0.91), downside deviation of 2.9, and Risk Adjusted Performance of 0.0825 to validate if our risk estimates are consistent with your expectations.
High Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
High |
Sharpe Ratio = 0.0895
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Estimated Market Risk
| 3.61 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average High Tide is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of High Tide by adding it to a well-diversified portfolio.
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.
Price Boundaries
High Tide Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
High Tide cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
High Tide January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how High Tide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading High Tide shares will generate the highest return on investment. By undertsting and applying High Tide stock market strength indicators, traders can identify High Tide entry and exit signals to maximize returns
High Tide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for High Tide's price direction in advance. Along with the technical and fundamental analysis of High Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of High to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0825 | |||
| Jensen Alpha | 0.3195 | |||
| Total Risk Alpha | 0.2279 | |||
| Sortino Ratio | 0.1011 | |||
| Treynor Ratio | (0.92) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
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 gross domestic product. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Other Tools for High Stock
When running High Tide's price analysis, check to measure High Tide'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 High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.
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