Hi Tech (India) Performance
| HITECH Stock | 109.00 5.32 4.65% |
The company owns a Beta (Systematic Risk) of 0.0207, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hi Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hi Tech is expected to be smaller as well. At this point, Hi Tech Pipes has a negative expected return of -0.57%. Please make sure to check out Hi Tech's potential upside, day median price, and the relationship between the total risk alpha and accumulation distribution , to decide if Hi Tech Pipes performance from the past will be repeated in the future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Hi Tech Pipes Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's technical and fundamental indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Forward Dividend Yield 0.0002 | Payout Ratio 0.0231 | Last Split Factor 10:1 | Forward Dividend Rate 0.03 | Ex Dividend Date 2024-09-13 |
1 | Hi-Tech Pipes gains up to 3.5 percent on highest-ever sales volume in the third quarter - CNBCTV18 | 01/02/2025 |
2 | HI-TECH PIPES Share Price Today Down 5 percent - Equitymaster | 01/24/2025 |
3 | Hi-Tech Pipes Shows Strong Short-Term Gains Amid Broader Small-Cap Market Rally - MarketsMojo | 03/18/2025 |
| Begin Period Cash Flow | 18.9 M |
HITECH |
Hi Tech Relative Risk vs. Return Landscape
If you would invest 16,019 in Hi Tech Pipes Limited on December 26, 2024 and sell it today you would lose (5,119) from holding Hi Tech Pipes Limited or give up 31.96% of portfolio value over 90 days. Hi Tech Pipes Limited is generating negative expected returns and assumes 3.5229% volatility on return distribution over the 90 days horizon. Simply put, 31% of stocks are less volatile than HITECH, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Hi Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hi Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hi Tech Pipes Limited, and traders can use it to determine the average amount a Hi Tech'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 = -0.1613
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HITECH |
Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.57 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hi Tech 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 Hi Tech by adding Hi Tech to a well-diversified portfolio.
Hi Tech Fundamentals Growth
HITECH Stock prices reflect investors' perceptions of the future prospects and financial health of Hi Tech, and Hi Tech 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 HITECH Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0684 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 26.13 B | ||||
| Shares Outstanding | 202.96 M | ||||
| Price To Book | 3.10 X | ||||
| Price To Sales | 0.73 X | ||||
| Revenue | 26.99 B | ||||
| Gross Profit | 2.99 B | ||||
| EBITDA | 1.13 B | ||||
| Net Income | 439.31 M | ||||
| Total Debt | 4.02 B | ||||
| Book Value Per Share | 45.47 X | ||||
| Cash Flow From Operations | (951.9 M) | ||||
| Earnings Per Share | 3.89 X | ||||
| Total Asset | 11.79 B | ||||
| Retained Earnings | 2.3 B | ||||
About Hi Tech Performance
By analyzing Hi Tech's fundamental ratios, stakeholders can gain valuable insights into Hi Tech's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hi Tech 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 Hi Tech has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hi Tech is entity of India. It is traded as Stock on NSE exchange.Things to note about Hi Tech Pipes performance evaluation
Checking the ongoing alerts about Hi Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hi Tech Pipes help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hi Tech Pipes generated a negative expected return over the last 90 days | |
| Hi Tech Pipes has high historical volatility and very poor performance | |
| Hi Tech Pipes is unlikely to experience financial distress in the next 2 years | |
| Hi Tech generates negative cash flow from operations | |
| About 56.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Hi-Tech Pipes Shows Strong Short-Term Gains Amid Broader Small-Cap Market Rally - MarketsMojo |
- Analyzing Hi Tech'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 Hi Tech's stock is overvalued or undervalued compared to its peers.
- Examining Hi Tech'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 Hi Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hi Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hi Tech's stock. These opinions can provide insight into Hi Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for HITECH Stock analysis
When running Hi Tech's price analysis, check to measure Hi Tech's 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 Hi Tech is operating at the current time. Most of Hi Tech's value examination focuses on studying past and present price action to predict the probability of Hi Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Tech's price. Additionally, you may evaluate how the addition of Hi Tech to your portfolios can decrease your overall portfolio volatility.
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