High Arctic Energy Stock Performance

HWO Stock  CAD 1.15  0.03  2.68%   
High Arctic has a performance score of 1 on a scale of 0 to 100. 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 2.42%. Please check out High Arctic rate of daily change, price action indicator, as well as the relationship between the skewness and treynor ratio , to decide if High Arctic will be following its current trending patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in High Arctic Energy are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. 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
670.6354
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 Flow19.6 M
Free Cash Flow9.3 M
  

High Arctic Relative Risk vs. Return Landscape

If you would invest  113.00  in High Arctic Energy on September 6, 2024 and sell it today you would earn a total of  2.00  from holding High Arctic Energy or generate 1.77% return on investment over 90 days. High Arctic Energy is generating 0.0563% of daily returns assuming 2.4249% 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  
Assuming the 90 days trading horizon High Arctic is expected to generate 3.09 times less return on investment than the market. In addition to that, the company is 3.32 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.24 per unit of volatility.

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 = 0.0232

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Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average High Arctic is performing at about 1% 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 Arctic by adding it 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.

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 ReportedProjected 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
Evaluating High Arctic's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate High Arctic's stock performance include:
  • 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.
It's essential to remember that evaluating High Arctic's stock performance is not an exact science, and many factors can impact High Arctic's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.