Hitech Development (Sweden) Analysis
| HDW-B Stock | SEK 0 0.0001 8.33% |
Hitech Development Wireless is overvalued with Real Value of 0.001238 and Hype Value of 0.001493. The main objective of Hitech Development stock analysis is to determine its intrinsic value, which is an estimate of what Hitech Development Wireless is worth, separate from its market price. There are two main types of Hitech Development's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hitech Development's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hitech Development's stock to identify patterns and trends that may indicate its future price movements.
The Hitech Development stock is traded in Sweden on Stockholm Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Sweden. Hitech Development is usually not traded on All Saints ' Day, St . John 's Day, Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Epiphany, Good Friday, Easter Sunday, Easter Monday, International Workers ' Day, NationalDay. Hitech Stock trading window is adjusted to Europe/Stockholm timezone.
Hitech |
Hitech Stock Analysis Notes
About 22.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.85. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hitech Development recorded a loss per share of 0.14. The entity had not issued any dividends in recent years. Hitech Development Wireless Sweden Holding AB provides technology and services within Internet of Things and real-time location system in Sweden. The company was founded in 2009 and is based in Kista, Sweden. HD Wireless operates under Communication Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people. To learn more about Hitech Development Wireless call Par Bergsten at 46 8 55 11 84 60 or check out https://www.hd-wireless.se.Hitech Development Investment Alerts
| Hitech Development generated a negative expected return over the last 90 days | |
| Hitech Development has high historical volatility and very poor performance | |
| Hitech Development has some characteristics of a very speculative penny stock | |
| Hitech Development Wireless has accumulated 6.61 M in total debt with debt to equity ratio (D/E) of 0.05, which may suggest the company is not taking enough advantage from borrowing. Hitech Development has a current ratio of 0.7, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hitech Development until it has trouble settling it off, either with new capital or with free cash flow. So, Hitech Development's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hitech Development sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hitech to invest in growth at high rates of return. When we think about Hitech Development's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 13.35 M. Net Loss for the year was (26.62 M) with profit before overhead, payroll, taxes, and interest of 1.67 M. | |
| Hitech Development Wireless has accumulated about 8.97 M in cash with (29.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 22.0% of Hitech Development shares are held by company insiders |
Hitech Development Thematic Classifications
In addition to having Hitech Development stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | ITInformation technology and IT services | |
 | WirelessWireless technology and communications | |
 | Office SuppliesOffice products, supplies, and accessories |
Hitech Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 82.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hitech Development's market, we take the total number of its shares issued and multiply it by Hitech Development's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Hitech Profitablity
Hitech Development's profitability indicators refer to fundamental financial ratios that showcase Hitech Development's ability to generate income relative to its revenue or operating costs. If, let's say, Hitech Development is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hitech Development's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hitech Development's profitability requires more research than a typical breakdown of Hitech Development's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.72) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.66) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.66. Technical Drivers
As of the 22nd of March, Hitech Development retains the Risk Adjusted Performance of (0.06), market risk adjusted performance of 0.5189, and Standard Deviation of 8.11. Hitech Development technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hitech Development coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Hitech Development is priced fairly, providing market reflects its last-minute price of 0.0013 per share.Hitech Development Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hitech Development middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hitech Development. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hitech Development Outstanding Bonds
Hitech Development issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hitech Development uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hitech bonds can be classified according to their maturity, which is the date when Hitech Development Wireless has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Hitech Development Predictive Daily Indicators
Hitech Development intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hitech Development stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hitech Development Forecast Models
Hitech Development's time-series forecasting models are one of many Hitech Development's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hitech Development's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hitech Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hitech Development prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hitech shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hitech Development. By using and applying Hitech Stock analysis, traders can create a robust methodology for identifying Hitech entry and exit points for their positions.
Hitech Development Wireless Sweden Holding AB provides technology and services within Internet of Things and real-time location system in Sweden. The company was founded in 2009 and is based in Kista, Sweden. HD Wireless operates under Communication Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 27 people.
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Additional Tools for Hitech Stock Analysis
When running Hitech Development's price analysis, check to measure Hitech Development'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 Hitech Development is operating at the current time. Most of Hitech Development's value examination focuses on studying past and present price action to predict the probability of Hitech Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hitech Development's price. Additionally, you may evaluate how the addition of Hitech Development to your portfolios can decrease your overall portfolio volatility.