Is High Tide Stock a Good Investment?
High Tide Investment Advice | HITI |
- Examine High Tide's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research High Tide's leadership team and their track record. Good management can help High Tide navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Retail space and any emerging trends that could impact High Tide's business and its evolving consumer preferences.
- Compare High Tide's performance and market position to its competitors. Analyze how High Tide is positioned in terms of product offerings, innovation, and market share.
- Check if High Tide pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about High Tide's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in High Tide stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if High Tide is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine High Tide Stock
Researching High Tide's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.69. Some equities with similar Price to Book (P/B) outperform the market in the long run. High Tide recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. The firm had 1:15 split on the 13th of May 2021.
To determine if High Tide is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding High Tide's research are outlined below:
| High Tide generated a negative expected return over the last 90 days | |
| High Tide has high historical volatility and very poor performance | |
| High Tide has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 142.5 M. Net Loss for the year was (3.81 M) with profit before overhead, payroll, taxes, and interest of 142.5 M. | |
| About 14.0% of the company shares are held by company insiders |
High Tide uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in High Tide. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to High Tide's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of January 2024 Upcoming Quarterly Report | View | |
| 15th of March 2024 Next Financial Report | View | |
| 31st of October 2023 Next Fiscal Quarter End | View | |
| 29th of January 2024 Next Fiscal Year End | View | |
| 31st of July 2023 Last Quarter Report | View | |
| 31st of October 2022 Last Financial Announcement | View |
High Tide's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 168.62 M.High Tide's profitablity analysis
The company has Profit Margin (PM) of (0.01) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.Determining High Tide's profitability involves analyzing its financial statements and using various financial metrics to determine if High Tide is a good buy. For example, gross profit margin measures High Tide's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of High Tide's profitability and make more informed investment decisions.
Basic technical analysis of High Stock
As of the 20th of March, High Tide retains the Standard Deviation of 3.8, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of 0.601. High Tide technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.High Tide's Outstanding Corporate Bonds
High Tide issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. High Tide uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most High bonds can be classified according to their maturity, which is the date when High Tide has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4875 Corp BondUS55336VAJ98 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand High Tide's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing High Tide's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 0.601 | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (782.30) | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.46 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.591 | |||
| Maximum Drawdown | 22.58 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 4.26 | |||
| Skewness | (0.77) | |||
| Kurtosis | 2.5 |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | 0.601 | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (782.30) | |||
| Standard Deviation | 3.8 | |||
| Variance | 14.46 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.591 | |||
| Maximum Drawdown | 22.58 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 4.26 | |||
| Skewness | (0.77) | |||
| Kurtosis | 2.5 |
Consider High Tide's intraday indicators
High Tide intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of High Tide stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
High Tide time-series forecasting models is one of many High Tide's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary High Tide's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
High Stock media impact
Far too much social signal, news, headlines, and media speculation about High Tide that are available to investors today. That information is available publicly through High media outlets and privately through word of mouth or via High internal channels. However, regardless of the origin, that massive amount of High data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of High Tide news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of High Tide relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to High Tide's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive High Tide alpha.
High Tide Corporate Management
| Omar Khan | Chief Officer | Profile | |
| CPA CMA | Chief Officer | Profile | |
| Aman Sood | Chief Officer | Profile | |
| AndreasAlexander Palalas | Chief Officer | Profile | |
| Joy Avzar | Senior Compliance | Profile | |
| Harkirat Grover | CEO, Founder | Profile | |
| Sandy Sharma | Vice Resources | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Retail 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 High Tide. If investors know High 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 High Tide 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 High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide'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 High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between High Tide's value and its price, as these two are different measures arrived at by various means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide'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.