Hydrofarm Holdings Group Stock Price on March 21, 2024
| HYFM Stock | USD 0.62 0.03 4.62% |
If you're considering investing in Hydrofarm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hydrofarm Holdings stands at 0.62, as last reported on the 18th of December 2024, with the highest price reaching 0.65 and the lowest price hitting 0.60 during the day. Hydrofarm Holdings holds Efficiency (Sharpe) Ratio of -0.0056, which attests that the entity had a -0.0056% return per unit of risk over the last 3 months. Hydrofarm Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hydrofarm Holdings' Risk Adjusted Performance of (0.01), standard deviation of 4.47, and Market Risk Adjusted Performance of (0.26) to validate the risk estimate we provide.
As of the 18th of December 2024, Stock Based Compensation is likely to grow to about 5.7 M, while Other Stockholder Equity is likely to drop about 475.3 M. . As of the 18th of December 2024, Price To Sales Ratio is likely to drop to 0.18. In addition to that, Price Earnings Ratio is likely to drop to -0.68. Hydrofarm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hydrofarm |
Sharpe Ratio = -0.0056
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HYFM |
Estimated Market Risk
| 4.55 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hydrofarm Holdings is not performing at its full potential. However, 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 Hydrofarm Holdings by adding Hydrofarm Holdings to a well-diversified portfolio.
Price Book 0.1235 | Enterprise Value Ebitda (11.25) | Price Sales 0.1499 | Shares Float 37.1 M | Wall Street Target Price 0.7 |
Hydrofarm Holdings Valuation on March 21, 2024
It is possible to determine the worth of Hydrofarm Holdings on a given historical date. On March 21, 2024 Hydrofarm was worth 0.83 at the beginning of the trading date compared to the closed value of 0.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hydrofarm Holdings stock. Still, in general, we apply an absolute valuation method to find Hydrofarm Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hydrofarm Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hydrofarm Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 0.81 | 0.84 | 0.80 | 0.83 | 103,563 | |
03/21/2024 | 0.83 | 0.84 | 0.82 | 0.83 | 83,593 |
| 0.82 | 0.95 | 0.81 | 0.93 | 319,312 |
| Backtest Hydrofarm Holdings | | | Hydrofarm Holdings History | | | Hydrofarm Holdings Valuation | Previous | Next |
Hydrofarm Holdings Trading Date Momentum on March 21, 2024
| On March 22 2024 Hydrofarm Holdings Group was traded for 0.93 at the closing time. The top price for the day was 0.95 and the lowest listed price was 0.81 . The trading volume for the day was 319.3 K. The trading history from March 22, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 12.05% . The trading delta at closing time against the current closing price is 28.92% . |
Hydrofarm Holdings Fundamentals Correlations and Trends
By evaluating Hydrofarm Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hydrofarm Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hydrofarm financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hydrofarm Holdings Stock history
Hydrofarm Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hydrofarm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hydrofarm Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hydrofarm Holdings stock prices may prove useful in developing a viable investing in Hydrofarm Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.5 M | 40.9 M | |
| Net Loss | -256.9 M | -244 M |
Hydrofarm Holdings Quarterly Net Working Capital |
|
Hydrofarm Holdings Stock Technical Analysis
Hydrofarm Holdings 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.
Price Boundaries
Hydrofarm Holdings Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Hydrofarm Holdings Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Hydrofarm Holdings December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Hydrofarm Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hydrofarm Holdings shares will generate the highest return on investment. By undertsting and applying Hydrofarm Holdings stock market strength indicators, traders can identify Hydrofarm Holdings Group entry and exit signals to maximize returns
Hydrofarm Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hydrofarm Holdings' price direction in advance. Along with the technical and fundamental analysis of Hydrofarm Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hydrofarm 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 | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.27) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydrofarm Holdings Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Industrial Machinery & Supplies & Components 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 Hydrofarm Holdings. If investors know Hydrofarm 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 Hydrofarm Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.625 | Earnings Share (1.40) | Revenue Per Share 4.361 | Quarterly Revenue Growth (0.19) | Return On Assets (0.04) |
The market value of Hydrofarm Holdings is measured differently than its book value, which is the value of Hydrofarm that is recorded on the company's balance sheet. Investors also form their own opinion of Hydrofarm Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hydrofarm Holdings' 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 Hydrofarm Holdings' market value can be influenced by many factors that don't directly affect Hydrofarm Holdings' 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 Hydrofarm Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hydrofarm Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hydrofarm Holdings' 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.