High Tech (Australia) Performance
| HTM Stock | 0.16 0.00 0.00% |
On a scale of 0 to 100, High Tech holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, High Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding High Tech is expected to be smaller as well. Please check High Tech's information ratio, maximum drawdown, and the relationship between the variance and treynor ratio , to make a quick decision on whether High Tech's current trending patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in High Tech Metals are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain primary indicators, High Tech unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | NSW launches A250m strategy to support critical minerals boom - Yahoo Finance | 10/18/2024 |
2 | China blocks key high-tech metal exports to US, further escalating trade tensions - Small Caps | 12/03/2024 |
| Begin Period Cash Flow | 1.4 M |
High |
High Tech Relative Risk vs. Return Landscape
If you would invest 14.00 in High Tech Metals on October 6, 2024 and sell it today you would earn a total of 2.00 from holding High Tech Metals or generate 14.29% return on investment over 90 days. High Tech Metals is generating 0.2481% of daily returns assuming 2.6358% volatility of returns over the 90 days investment horizon. Simply put, 23% of all stocks have less volatile historical return distribution than High Tech, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
High Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as High Tech Metals, and traders can use it to determine the average amount a High 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 = 0.0941
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.64 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average High Tech is performing at about 7% of its full potential. 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 Tech by adding it to a well-diversified portfolio.
High Tech Fundamentals Growth
High Stock prices reflect investors' perceptions of the future prospects and financial health of High Tech, and High 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 High Stock performance.
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.12 | ||||
| Current Valuation | 5 M | ||||
| Shares Outstanding | 32.84 M | ||||
| Price To Book | 1.46 X | ||||
| Price To Sales | 208.87 X | ||||
| Revenue | 18.87 K | ||||
| EBITDA | (1.45 M) | ||||
| Net Income | (1.49 K) | ||||
| Total Debt | 113.74 K | ||||
| Book Value Per Share | 0.11 X | ||||
| Cash Flow From Operations | (760) | ||||
| Earnings Per Share | (0.02) X | ||||
| Total Asset | 3.73 M | ||||
| Retained Earnings | (2.42 M) | ||||
About High Tech Performance
Assessing High Tech's fundamental ratios provides investors with valuable insights into High Tech's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the High Tech is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
High Tech is entity of Australia. It is traded as Stock on AU exchange.Things to note about High Tech Metals performance evaluation
Checking the ongoing alerts about High Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for High Tech Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Tech Metals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 18.87 K. Net Loss for the year was (1.49 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| High Tech generates negative cash flow from operations | |
| About 73.0% of the company shares are held by company insiders |
- Analyzing High 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 High Tech's stock is overvalued or undervalued compared to its peers.
- Examining High 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 High Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of High Tech's stock. These opinions can provide insight into High Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for High Stock Analysis
When running High Tech's price analysis, check to measure High 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 High Tech is operating at the current time. Most of High Tech's value examination focuses on studying past and present price action to predict the probability of High 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 High Tech's price. Additionally, you may evaluate how the addition of High Tech to your portfolios can decrease your overall portfolio volatility.