HireRight Holdings Corp Performance
The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and HireRight Holdings are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days HireRight Holdings Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, HireRight Holdings is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 163.4 M |
HireRight |
HireRight Holdings Relative Risk vs. Return Landscape
If you would invest (100.00) in HireRight Holdings Corp on December 24, 2024 and sell it today you would earn a total of 100.00 from holding HireRight Holdings Corp or generate -100.0% return on investment over 90 days. HireRight Holdings Corp is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than HireRight, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
HireRight Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HireRight Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as HireRight Holdings Corp, and traders can use it to determine the average amount a HireRight Holdings' 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 HireRight Holdings 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 HireRight Holdings by adding HireRight Holdings to a well-diversified portfolio.
HireRight Holdings Fundamentals Growth
HireRight Stock prices reflect investors' perceptions of the future prospects and financial health of HireRight Holdings, and HireRight Holdings 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 HireRight Stock performance.
| Return On Equity | -0.0145 | |||
| Return On Asset | 0.035 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 1.65 B | |||
| Shares Outstanding | 67.35 M | |||
| Price To Earning | 6.50 X | |||
| Price To Book | 2.13 X | |||
| Price To Sales | 1.33 X | |||
| Revenue | 721.88 M | |||
| EBITDA | 169.23 M | |||
| Cash And Equivalents | 111.03 M | |||
| Cash Per Share | 1.49 X | |||
| Total Debt | 746.93 M | |||
| Debt To Equity | 1.49 % | |||
| Book Value Per Share | 6.68 X | |||
| Cash Flow From Operations | 90.22 M | |||
| Earnings Per Share | (0.11) X | |||
| Total Asset | 1.55 B | |||
| Retained Earnings | (227.35 M) | |||
| Current Asset | 5.8 M | |||
| Current Liabilities | 3.29 M | |||
Things to note about HireRight Holdings Corp performance evaluation
Checking the ongoing alerts about HireRight Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for HireRight Holdings Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| HireRight Holdings is not yet fully synchronised with the market data | |
| HireRight Holdings has some characteristics of a very speculative penny stock | |
| HireRight Holdings has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 721.88 M. Reported Net Loss for the year was (11.56 M) with profit before taxes, overhead, and interest of 370.93 M. | |
| Over 98.0% of the company shares are owned by institutional investors |
- Analyzing HireRight Holdings' 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 HireRight Holdings' stock is overvalued or undervalued compared to its peers.
- Examining HireRight Holdings' 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 HireRight Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of HireRight Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of HireRight Holdings' stock. These opinions can provide insight into HireRight Holdings' 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 metropolitan statistical area. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in HireRight Stock
If you are still planning to invest in HireRight Holdings 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 HireRight Holdings' history and understand the potential risks before investing.
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