Hexo Corp Performance
| HEXODelisted Stock | USD 0.71 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of -1.76, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Hexo Corp are expected to decrease by larger amounts. On the other hand, during market turmoil, Hexo Corp is expected to outperform it. Hexo Corp right now retains a risk of 0.0%. Please check out Hexo Corp market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness , to decide if Hexo Corp will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Hexo Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Hexo Corp is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 67.5 M | |
| Total Cashflows From Investing Activities | -16.3 M |
Hexo |
Hexo Corp Relative Risk vs. Return Landscape
If you would invest 71.00 in Hexo Corp on September 13, 2024 and sell it today you would earn a total of 0.00 from holding Hexo Corp or generate 0.0% return on investment over 90 days. Hexo Corp is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Hexo, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hexo Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hexo Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hexo Corp, and traders can use it to determine the average amount a Hexo Corp's 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 Hexo Corp 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 Hexo Corp by adding Hexo Corp to a well-diversified portfolio.
Hexo Corp Fundamentals Growth
Hexo Stock prices reflect investors' perceptions of the future prospects and financial health of Hexo Corp, and Hexo Corp 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 Hexo Stock performance.
| Return On Equity | -1.06 | |||
| Return On Asset | -0.15 | |||
| Profit Margin | (2.20) % | |||
| Operating Margin | (1.20) % | |||
| Current Valuation | 191.06 M | |||
| Shares Outstanding | 44 M | |||
| Price To Earning | (16.42) X | |||
| Price To Book | 0.41 X | |||
| Price To Sales | 0.43 X | |||
| Revenue | 191.1 M | |||
| EBITDA | (257.63 M) | |||
| Cash And Equivalents | 14.22 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 251.52 M | |||
| Debt To Equity | 0.99 % | |||
| Book Value Per Share | 3.24 X | |||
| Cash Flow From Operations | (116.69 M) | |||
| Earnings Per Share | (2.77) X | |||
| Total Asset | 680.95 M | |||
| Retained Earnings | (1.84 B) | |||
| Current Asset | 359.35 M | |||
| Current Liabilities | 50.65 M | |||
About Hexo Corp Performance
By examining Hexo Corp's fundamental ratios, stakeholders can obtain critical insights into Hexo Corp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Hexo Corp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. HEXO Corp. was founded in 2013 and is headquartered in Gatineau, Canada. Hexo Corp is traded on NASDAQ Exchange in the United States.Things to note about Hexo Corp performance evaluation
Checking the ongoing alerts about Hexo Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hexo Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hexo Corp is not yet fully synchronised with the market data | |
| Hexo Corp has some characteristics of a very speculative penny stock | |
| Hexo Corp has a very high chance of going through financial distress in the upcoming years | |
| Hexo Corp currently holds 251.52 M in liabilities with Debt to Equity (D/E) ratio of 0.99, which is about average as compared to similar companies. Hexo Corp has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hexo Corp's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 191.1 M. Net Loss for the year was (1.11 B) with loss before overhead, payroll, taxes, and interest of (75.67 M). | |
| Hexo Corp currently holds about 14.22 M in cash with (116.69 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Hexo Corp's 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 Hexo Corp's stock is overvalued or undervalued compared to its peers.
- Examining Hexo Corp's 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 Hexo Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hexo Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hexo Corp's stock. These opinions can provide insight into Hexo Corp's potential for growth and whether the stock is currently undervalued or overvalued.
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 interest. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Hexo Stock
If you are still planning to invest in Hexo Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hexo Corp's history and understand the potential risks before investing.
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