High Tide Stock Performance
| HITI Stock | CAD 2.98 0.47 13.62% |
The company retains a Market Volatility (i.e., Beta) of -0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning High Tide are expected to decrease at a much lower rate. During the bear market, High Tide is likely to outperform the market. At this point, High Tide has a negative expected return of -0.52%. Please make sure to check out High Tide's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if High Tide 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 High Tide has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in April 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:15 | Last Split Date 2021-05-13 |
1 | High Tide Inc. Stock Moves -0.16 percent What You Should Know - MSN | 12/30/2024 |
2 | High Tide Improving Its Business Model And Beginning International Expansion - Seeking Alpha | 01/10/2025 |
3 | High Tide Breaks into German Market, Cantourage Exceeds Projections in 2024, More from SEED - Business of Cannabis - | 01/16/2025 |
4 | High Tide Inc. Celebrates Record Earnings and Growth - TipRanks | 01/31/2025 |
5 | Chicago Partners Investment Group LLC Purchases New Stake in High Tide Inc. - MarketBeat | 02/07/2025 |
6 | High Tide Expands Canna Cabana Retail Footprint and Enters German Market - TipRanks | 02/13/2025 |
7 | High Tide Inc. Stock Moves -1.2 percent What You Should Know - Yahoo Finance | 02/27/2025 |
8 | High Tide Expands Ontario Presence with Two New Canna Cabana Stores - TipRanks | 03/10/2025 |
9 | High Tide Inc. Achieves Record Revenue in Q1 2025 Amid Strategic Expansion - TipRanks | 03/18/2025 |
| Begin Period Cash Flow | 30.1 M | |
| Free Cash Flow | 25.8 M |
High |
High Tide Relative Risk vs. Return Landscape
If you would invest 424.00 in High Tide on December 19, 2024 and sell it today you would lose (126.00) from holding High Tide or give up 29.72% of portfolio value over 90 days. High Tide is producing return of less than zero assuming 3.661% volatility of returns over the 90 days investment horizon. Simply put, 32% of all stocks have less volatile historical return distribution than High Tide, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
High Tide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Tide's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as High Tide, and traders can use it to determine the average amount a High Tide'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 = -0.1418
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HITI |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Tide 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 High Tide by adding High Tide to a well-diversified portfolio.
High Tide Fundamentals Growth
High Stock prices reflect investors' perceptions of the future prospects and financial health of High Tide, and High Tide 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 High Stock performance.
| Return On Equity | -0.0273 | ||||
| Return On Asset | 0.0399 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 305.74 M | ||||
| Shares Outstanding | 80.9 M | ||||
| Price To Book | 1.95 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 522.31 M | ||||
| Gross Profit | 142.5 M | ||||
| EBITDA | 28.99 M | ||||
| Net Income | (4.34 M) | ||||
| Cash And Equivalents | 27.89 M | ||||
| Cash Per Share | 0.53 X | ||||
| Total Debt | 26.86 M | ||||
| Debt To Equity | 0.36 % | ||||
| Current Ratio | 1.62 X | ||||
| Book Value Per Share | 1.77 X | ||||
| Cash Flow From Operations | 35.55 M | ||||
| Earnings Per Share | (0.05) X | ||||
| Market Capitalization | 279.1 M | ||||
| Total Asset | 246.21 M | ||||
| Retained Earnings | (209.36 M) | ||||
| Working Capital | 24.31 M | ||||
About High Tide Performance
Evaluating High Tide's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if High Tide 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 High Tide has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.42 | 30.80 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.03) | (0.03) |
Things to note about High Tide performance evaluation
Checking the ongoing alerts about High Tide for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for High Tide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Tide generated a negative expected return over the last 90 days | |
| High Tide has high historical volatility and very poor performance | |
| The company reported the revenue of 522.31 M. Net Loss for the year was (4.34 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 | |
| Latest headline from news.google.com: High Tide Inc. Achieves Record Revenue in Q1 2025 Amid Strategic Expansion - TipRanks |
- Analyzing High Tide'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 High Tide's stock is overvalued or undervalued compared to its peers.
- Examining High Tide'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 High Tide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Tide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of High Tide's stock. These opinions can provide insight into High Tide's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for High Stock Analysis
When running High Tide's price analysis, check to measure High Tide'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 High Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.