Highway 50 Gold Stock Performance
| HWY Stock | CAD 0.15 0.01 6.25% |
The company retains a Market Volatility (i.e., Beta) of 2.07, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Highway 50 will likely underperform. At this point, Highway 50 Gold has a negative expected return of -0.14%. Please make sure to check out Highway 50's total risk alpha and the relationship between the potential upside and price action indicator , to decide if Highway 50 Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Highway 50 Gold has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain stable and the latest fuss on Wall Street may also be a sign of long-term gains for the venture sophisticated investors. ...more
Last Split Factor 2:1 | Last Split Date 2006-07-06 |
1 | Barrick Gold Stock Trading Cheaper Than Industry Buy or Hold - MSN | 10/04/2024 |
| Begin Period Cash Flow | 287.1 K |
Highway |
Highway 50 Relative Risk vs. Return Landscape
If you would invest 20.00 in Highway 50 Gold on September 12, 2024 and sell it today you would lose (5.00) from holding Highway 50 Gold or give up 25.0% of portfolio value over 90 days. Highway 50 Gold is currently producing negative expected returns and takes up 8.1383% volatility of returns over 90 trading days. Put another way, 72% of traded stocks are less volatile than Highway, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Highway 50 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highway 50's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Highway 50 Gold, and traders can use it to determine the average amount a Highway 50'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 = -0.0166
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HWY |
Estimated Market Risk
| 8.14 actual daily | 72 72% of assets are less volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Highway 50 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 Highway 50 by adding Highway 50 to a well-diversified portfolio.
Highway 50 Fundamentals Growth
Highway Stock prices reflect investors' perceptions of the future prospects and financial health of Highway 50, and Highway 50 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 Highway Stock performance.
| Return On Equity | -1.47 | |||
| Return On Asset | -0.76 | |||
| Current Valuation | 7.59 M | |||
| Shares Outstanding | 46.14 M | |||
| Price To Earning | (22.50) X | |||
| Price To Book | 9.75 X | |||
| Price To Sales | 3,876 X | |||
| EBITDA | (191.03 K) | |||
| Net Income | (4.32 M) | |||
| Cash And Equivalents | 225.12 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 384.32 K | |||
| Debt To Equity | 0.11 % | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (213.75 K) | |||
| Earnings Per Share | (0.11) X | |||
| Total Asset | 1.25 M | |||
| Retained Earnings | (11.85 M) | |||
About Highway 50 Performance
Evaluating Highway 50's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Highway 50 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 Highway 50 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.
Highway 50 Gold Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of assets in Canada and the United States. Highway 50 Gold Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. HIGHWAY 50 operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.Things to note about Highway 50 Gold performance evaluation
Checking the ongoing alerts about Highway 50 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Highway 50 Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Highway 50 Gold generated a negative expected return over the last 90 days | |
| Highway 50 Gold has high historical volatility and very poor performance | |
| Highway 50 Gold has some characteristics of a very speculative penny stock | |
| Highway 50 Gold has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (4.32 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Highway 50 Gold has accumulated about 225.12 K in cash with (213.75 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 25.0% of the company shares are held by company insiders |
- Analyzing Highway 50'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 Highway 50's stock is overvalued or undervalued compared to its peers.
- Examining Highway 50'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 Highway 50's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highway 50's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Highway 50's stock. These opinions can provide insight into Highway 50's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Highway Stock Analysis
When running Highway 50's price analysis, check to measure Highway 50'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 Highway 50 is operating at the current time. Most of Highway 50's value examination focuses on studying past and present price action to predict the probability of Highway 50's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway 50's price. Additionally, you may evaluate how the addition of Highway 50 to your portfolios can decrease your overall portfolio volatility.