Hitech Development (Sweden) Today
Hitech Development is selling for under 0.0017 as of the 3rd of January 2025; that is 6.25% up since the beginning of the trading day. The stock's lowest day price was 0.0016. The performance scores are derived for the period starting the 4th of December 2024 and ending today, the 3rd of January 2025. Click here to learn more.
Valuation
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Hitech Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hitech Development's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hitech Development or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Wireless, IT, Office Supplies, Communication Equipment, Technology, Computing (View all Sectors) |
Hitech Development Wireless (HDW-B) is traded on Stockholm Exchange in Sweden and employs 5 people. 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 Development operates under Technology sector and is part of Communication Equipment industry. The entity has 277.18 M outstanding shares.
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.
Check Hitech Development Probability Of Bankruptcy
Hitech Development Risk Profiles
Although Hitech Development's alpha and beta are two of the key measurements used to evaluate Hitech Development's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 11.01 | |||
| Semi Deviation | 10.37 | |||
| Standard Deviation | 24.81 | |||
| Variance | 615.31 |
Hitech Stock Against Markets
Hitech Development Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hitech Development stock to make a market-neutral strategy. Peer analysis of Hitech Development could also be used in its relative valuation, which is a method of valuing Hitech Development by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hitech Development Corporate Management
Elected by the shareholders, the Hitech Development's board of directors comprises two types of representatives: Hitech Development inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hitech. The board's role is to monitor Hitech Development's management team and ensure that shareholders' interests are well served. Hitech Development's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hitech Development's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Carl Elgh | Product Marketing | Profile | |
| Marten Wanning | Chief Officer | Profile | |
| Par Bergsten | CEO Founder | Profile | |
| Irene Cederholm | HR Mang | Profile | |
| ke Jernberger | CTO Engineering | Profile |
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.