Highway Stock Based Compensation To Revenue from 2010 to 2024

HIHO Stock  USD 1.93  0.02  1.03%   
Highway Holdings Stock Based Compensation To Revenue yearly trend continues to be very stable with very little volatility. Stock Based Compensation To Revenue is likely to grow to 0.01 this year. Stock Based Compensation To Revenue is a metric that compares the total value of stock-based compensation granted by Highway Holdings Limited to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards. View All Fundamentals
 
Stock Based Compensation To Revenue  
First Reported
2010-12-31
Previous Quarter
0.00917576
Current Value
0.009635
Quarterly Volatility
0.00566354
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Highway Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Highway Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 613.6 K, Interest Expense of 243.9 K or Total Revenue of 6 M, as well as many indicators such as Price To Sales Ratio of 1.52, Dividend Yield of 0.0454 or PTB Ratio of 0.74. Highway financial statements analysis is a perfect complement when working with Highway Holdings Valuation or Volatility modules.
  
Check out the analysis of Highway Holdings Correlation against competitors.

Latest Highway Holdings' Stock Based Compensation To Revenue Growth Pattern

Below is the plot of the Stock Based Compensation To Revenue of Highway Holdings Limited over the last few years. It is a metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards. Highway Holdings' Stock Based Compensation To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Highway Holdings' overall financial position and show how it may be relating to other accounts over time.
Stock Based Compensation To Revenue10 Years Trend
Slightly volatile
   Stock Based Compensation To Revenue   
       Timeline  

Highway Stock Based Compensation To Revenue Regression Statistics

Arithmetic Mean0.01
Geometric Mean0
Coefficient Of Variation76.28
Mean Deviation0
Median0.01
Standard Deviation0.01
Sample Variance0.000032
Range0.0139
R-Value0.56
Mean Square Error0.000024
R-Squared0.31
Significance0.03
Slope0.0007
Total Sum of Squares0.0004

Highway Stock Based Compensation To Revenue History

2024 0.009635
2023 0.009176
2022 0.00869
2021 0.007036
2020 0.0101
2016 0.0144

About Highway Holdings Financial Statements

Highway Holdings investors utilize fundamental indicators, such as Stock Based Compensation To Revenue, to predict how Highway Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Stock Based Compensation To Revenue 0.01  0.01 

Pair Trading with Highway Holdings

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Highway Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Highway Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Highway Stock

  0.52WOR Worthington IndustriesPairCorr
  0.44IIIN Insteel IndustriesPairCorr
The ability to find closely correlated positions to Highway Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Highway Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Highway Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Highway Holdings Limited to buy it.
The correlation of Highway Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Highway Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Highway Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Highway Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:
Check out the analysis of Highway Holdings Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.07
Earnings Share
(0.11)
Revenue Per Share
1.742
Quarterly Revenue Growth
0.601
Return On Assets
(0.02)
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.