Hire Technologies Stock Performance
| HIRRF Stock | USD 0 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Hire Technologies are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Hire Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Hire Technologies is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 340.6 K |
Hire |
Hire Technologies Relative Risk vs. Return Landscape
If you would invest 0.40 in Hire Technologies on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Hire Technologies or generate 0.0% return on investment over 90 days. Hire Technologies is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded otc stocks are less volatile than Hire, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hire Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hire Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Hire Technologies, and traders can use it to determine the average amount a Hire Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Hire Technologies 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 Hire Technologies by adding Hire Technologies to a well-diversified portfolio.
Hire Technologies Fundamentals Growth
Hire OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Hire Technologies, and Hire Technologies fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hire OTC Stock performance.
| Return On Equity | -9.56 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | (0.50) % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 6.26 M | |||
| Shares Outstanding | 103.38 M | |||
| Price To Book | 5.96 X | |||
| Price To Sales | 0.08 X | |||
| Revenue | 27.7 M | |||
| EBITDA | (3.66 M) | |||
| Cash And Equivalents | 503.01 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 2.96 M | |||
| Book Value Per Share | (0.07) X | |||
| Cash Flow From Operations | (2.21 M) | |||
| Earnings Per Share | (0.1) X | |||
| Total Asset | 24.16 M | |||
About Hire Technologies Performance
By analyzing Hire Technologies' fundamental ratios, stakeholders can gain valuable insights into Hire Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hire Technologies has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hire Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hire Technologies Inc., through its subsidiaries, provides human resources services in Canada. In addition, the company engages in building a network of staffing, IT, and HR consulting companies. Hire Technologies is traded on OTC Exchange in the United States.Things to note about Hire Technologies performance evaluation
Checking the ongoing alerts about Hire Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Hire Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hire Technologies generated a negative expected return over the last 90 days | |
| Hire Technologies has some characteristics of a very speculative penny stock | |
| Hire Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Hire Technologies has accumulated 2.96 M in total debt. Hire Technologies has a current ratio of 0.39, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hire Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Hire Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hire Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hire to invest in growth at high rates of return. When we think about Hire Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 27.7 M. Net Loss for the year was (5.37 M) with profit before overhead, payroll, taxes, and interest of 3.44 M. | |
| Hire Technologies has accumulated about 503.01 K in cash with (2.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company shares are held by company insiders |
- Analyzing Hire Technologies' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hire Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Hire Technologies' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hire Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hire Technologies' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Hire Technologies' otc stock. These opinions can provide insight into Hire Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hire OTC Stock analysis
When running Hire Technologies' price analysis, check to measure Hire Technologies' 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 Hire Technologies is operating at the current time. Most of Hire Technologies' value examination focuses on studying past and present price action to predict the probability of Hire Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hire Technologies' price. Additionally, you may evaluate how the addition of Hire Technologies to your portfolios can decrease your overall portfolio volatility.
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