Highcon Systems (Israel) Performance
| HICN Stock | ILA 93.00 3.70 3.83% |
The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Highcon Systems are expected to decrease at a much lower rate. During the bear market, Highcon Systems is likely to outperform the market. At this point, Highcon Systems has a negative expected return of -0.36%. Please make sure to check out Highcon Systems' standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Highcon Systems performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Highcon Systems has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
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Highcon Systems Relative Risk vs. Return Landscape
If you would invest 11,560 in Highcon Systems on September 3, 2024 and sell it today you would lose (2,260) from holding Highcon Systems or give up 19.55% of portfolio value over 90 days. Highcon Systems is generating negative expected returns and assumes 4.7682% volatility on return distribution over the 90 days horizon. Simply put, 42% of stocks are less volatile than Highcon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Highcon Systems Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highcon Systems' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Highcon Systems, and traders can use it to determine the average amount a Highcon Systems' 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 = -0.0753
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Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Highcon Systems 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 Highcon Systems by adding Highcon Systems to a well-diversified portfolio.
Highcon Systems Fundamentals Growth
Highcon Stock prices reflect investors' perceptions of the future prospects and financial health of Highcon Systems, and Highcon Systems 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 Highcon Stock performance.
| Return On Equity | -0.82 | |||
| Return On Asset | -0.31 | |||
| Profit Margin | (1.45) % | |||
| Operating Margin | (1.37) % | |||
| Current Valuation | (7.82 M) | |||
| Shares Outstanding | 90.96 M | |||
| Price To Book | 0.47 X | |||
| Price To Sales | 2.23 X | |||
| Revenue | 17.14 M | |||
| EBITDA | (22.09 M) | |||
| Cash And Equivalents | 23.56 M | |||
| Cash Per Share | 0.34 X | |||
| Total Debt | 9.84 M | |||
| Debt To Equity | 0.46 % | |||
| Book Value Per Share | 0.34 X | |||
| Cash Flow From Operations | (18.75 M) | |||
| Earnings Per Share | (0.35) X | |||
About Highcon Systems Performance
By analyzing Highcon Systems' fundamental ratios, stakeholders can gain valuable insights into Highcon Systems' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Highcon Systems 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 Highcon Systems has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Highcon Systems Ltd. develops and markets a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. The company was founded in 2009 and is headquartered in Yavne, Israel. HIGHCON SYSTEMS operates under Specialty Industrial Machinery classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 127 people.Things to note about Highcon Systems performance evaluation
Checking the ongoing alerts about Highcon Systems for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Highcon Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Highcon Systems generated a negative expected return over the last 90 days | |
| Highcon Systems has high historical volatility and very poor performance | |
| The company reported the revenue of 17.14 M. Net Loss for the year was (24.21 M) with profit before overhead, payroll, taxes, and interest of 1.44 M. | |
| Highcon Systems has accumulated about 23.56 M in cash with (18.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34. | |
| Roughly 27.0% of the company shares are held by company insiders |
- Analyzing Highcon Systems' 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 Highcon Systems' stock is overvalued or undervalued compared to its peers.
- Examining Highcon Systems' 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 Highcon Systems' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highcon Systems' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Highcon Systems' stock. These opinions can provide insight into Highcon Systems' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Highcon Stock analysis
When running Highcon Systems' price analysis, check to measure Highcon Systems' 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 Highcon Systems is operating at the current time. Most of Highcon Systems' value examination focuses on studying past and present price action to predict the probability of Highcon Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highcon Systems' price. Additionally, you may evaluate how the addition of Highcon Systems to your portfolios can decrease your overall portfolio volatility.
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