High Arctic Energy Stock Performance
| HWO Stock | CAD 1.12 0.03 2.61% |
The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, High Arctic's returns are expected to increase less than the market. However, during the bear market, the loss of holding High Arctic is expected to be smaller as well. High Arctic Energy right now retains a risk of 2.43%. Please check out High Arctic jensen alpha, as well as the relationship between the skewness and day median price , to decide if High Arctic will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days High Arctic Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, High Arctic is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0561 | Payout Ratio 596.4484 | Last Split Factor 1:4 | Forward Dividend Rate 0.06 | Dividend Date 2024-07-17 |
1 | High Arctic Announces 2024 Third Quarter Results - The Manila Times | 11/14/2024 |
| Begin Period Cash Flow | 19.6 M | |
| Free Cash Flow | 9.3 M |
High |
High Arctic Relative Risk vs. Return Landscape
If you would invest 112.00 in High Arctic Energy on September 9, 2024 and sell it today you would earn a total of 0.00 from holding High Arctic Energy or generate 0.0% return on investment over 90 days. High Arctic Energy is generating 0.0289% of daily returns assuming 2.4258% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than High Arctic, 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 Arctic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Arctic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as High Arctic Energy, and traders can use it to determine the average amount a High Arctic'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 = 0.0119
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HWO |
Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Arctic 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 Arctic by adding High Arctic to a well-diversified portfolio.
High Arctic Fundamentals Growth
High Stock prices reflect investors' perceptions of the future prospects and financial health of High Arctic, and High Arctic 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 | -0.14 | ||||
| Return On Asset | 0.0072 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.54) % | ||||
| Current Valuation | 14.62 M | ||||
| Shares Outstanding | 12.45 M | ||||
| Price To Earning | 26.27 X | ||||
| Price To Book | 0.60 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 61.93 M | ||||
| Gross Profit | 11.92 M | ||||
| EBITDA | (6.72 M) | ||||
| Net Income | (12.83 M) | ||||
| Cash And Equivalents | 14.7 M | ||||
| Cash Per Share | 0.29 X | ||||
| Total Debt | 6.17 M | ||||
| Debt To Equity | 5.10 % | ||||
| Current Ratio | 2.59 X | ||||
| Book Value Per Share | 8.09 X | ||||
| Cash Flow From Operations | 11.22 M | ||||
| Earnings Per Share | (1.01) X | ||||
| Market Capitalization | 13.94 M | ||||
| Total Asset | 123.14 M | ||||
| Retained Earnings | (112.19 M) | ||||
| Working Capital | 62.98 M | ||||
About High Arctic Performance
By examining High Arctic's fundamental ratios, stakeholders can obtain critical insights into High Arctic's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that High Arctic is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 67.62 | 71.00 | |
| Return On Tangible Assets | (0.11) | (0.10) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.11) | (0.10) | |
| Return On Equity | (0.13) | (0.13) |
Things to note about High Arctic Energy performance evaluation
Checking the ongoing alerts about High Arctic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for High Arctic Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Arctic Energy may become a speculative penny stock | |
| The company reported the revenue of 61.93 M. Net Loss for the year was (12.83 M) with profit before overhead, payroll, taxes, and interest of 11.92 M. | |
| About 50.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: High Arctic Announces 2024 Third Quarter Results - The Manila Times |
- Analyzing High Arctic'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 Arctic's stock is overvalued or undervalued compared to its peers.
- Examining High Arctic'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 Arctic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Arctic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of High Arctic's stock. These opinions can provide insight into High Arctic's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in High Stock
High Arctic financial ratios help investors to determine whether High Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High with respect to the benefits of owning High Arctic security.