Hi-Tech Gears (India) Performance
| HITECHGEAR | 573.70 0.75 0.13% |
The company retains a Market Volatility (i.e., Beta) of 0.082, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hi-Tech Gears' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hi-Tech Gears is expected to be smaller as well. At this point, Hi-Tech Gears has a negative expected return of -0.54%. Please make sure to check out Hi-Tech Gears' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Hi-Tech Gears performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days The Hi Tech Gears has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's technical and fundamental indicators remain nearly stable which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Forward Dividend Yield 0.0087 | Payout Ratio 0.1943 | Last Split Factor 2:1 | Forward Dividend Rate 5 | Ex Dividend Date 2024-09-19 |
1 | Hi-Tech Group Unveils Autonomous Vehicles at Bharat Mobility Expo 2025 - SMEStreet | 01/23/2025 |
2 | The Hi-Tech Gears consolidated net profit declines 53.92 percent in the December 2024 quarter - Business Standard | 02/13/2025 |
3 | The Hi-Tech Gea Consolidated December 2024 Net Sales at Rs 205.06 crore, down 23.37 percent Y-o-Y - Moneycontrol | 03/03/2025 |
| Begin Period Cash Flow | 334.5 M | |
| Free Cash Flow | 834.5 M |
Hi-Tech |
Hi-Tech Gears Relative Risk vs. Return Landscape
If you would invest 80,875 in The Hi Tech Gears on December 26, 2024 and sell it today you would lose (23,505) from holding The Hi Tech Gears or give up 29.06% of portfolio value over 90 days. The Hi Tech Gears is generating negative expected returns and assumes 2.2931% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Hi-Tech, 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 Gears Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hi-Tech Gears' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Hi Tech Gears, and traders can use it to determine the average amount a Hi-Tech Gears' 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 = -0.2335
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| Negative Returns | HITECHGEAR |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.54 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hi-Tech Gears 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 Gears by adding Hi-Tech Gears to a well-diversified portfolio.
Hi-Tech Gears Fundamentals Growth
Hi-Tech Stock prices reflect investors' perceptions of the future prospects and financial health of Hi-Tech Gears, and Hi-Tech Gears 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 Hi-Tech Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0668 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 12.94 B | ||||
| Shares Outstanding | 18.79 M | ||||
| Price To Book | 2.20 X | ||||
| Price To Sales | 1.08 X | ||||
| Revenue | 11.07 B | ||||
| Gross Profit | 4.88 B | ||||
| EBITDA | 2.37 B | ||||
| Net Income | 1.14 B | ||||
| Cash And Equivalents | 96.59 M | ||||
| Total Debt | 2.98 B | ||||
| Book Value Per Share | 261.01 X | ||||
| Cash Flow From Operations | 1.17 B | ||||
| Earnings Per Share | 25.74 X | ||||
| Total Asset | 9.08 B | ||||
| Retained Earnings | 4.09 B | ||||
About Hi-Tech Gears Performance
By analyzing Hi-Tech Gears' fundamental ratios, stakeholders can gain valuable insights into Hi-Tech Gears' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hi-Tech Gears 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 Gears has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Hi-Tech Gears is entity of India. It is traded as Stock on NSE exchange.Things to note about Hi-Tech Gears performance evaluation
Checking the ongoing alerts about Hi-Tech Gears for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hi-Tech Gears help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hi-Tech Gears generated a negative expected return over the last 90 days | |
| Hi-Tech Gears is unlikely to experience financial distress in the next 2 years | |
| About 75.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: The Hi-Tech Gea Consolidated December 2024 Net Sales at Rs 205.06 crore, down 23.37 percent Y-o-Y - Moneycontrol |
- Analyzing Hi-Tech Gears' 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 Gears' stock is overvalued or undervalued compared to its peers.
- Examining Hi-Tech Gears' 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 Gears' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hi-Tech Gears' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hi-Tech Gears' stock. These opinions can provide insight into Hi-Tech Gears' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hi-Tech Stock analysis
When running Hi-Tech Gears' price analysis, check to measure Hi-Tech Gears' 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 Gears is operating at the current time. Most of Hi-Tech Gears' value examination focuses on studying past and present price action to predict the probability of Hi-Tech Gears' 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 Gears' price. Additionally, you may evaluate how the addition of Hi-Tech Gears to your portfolios can decrease your overall portfolio volatility.
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