Highway Holdings Limited Stock Buy Hold or Sell Recommendation
| HIHO Stock | USD 1.90 0.01 0.52% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Highway Holdings Limited is 'Strong Sell'. The recommendation algorithm takes into account all of Highway Holdings' available fundamental, technical, and predictive indicators you will find on this site.
Check out Highway Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Highway and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Highway |
Execute Highway Holdings Buy or Sell Advice
The Highway recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Highway Holdings Limited. Macroaxis does not own or have any residual interests in Highway Holdings Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Highway Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Highway Holdings Trading Alerts and Improvement Suggestions
| Highway Holdings may become a speculative penny stock | |
| Highway Holdings had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 6.32 M. Net Loss for the year was (978 K) with profit before overhead, payroll, taxes, and interest of 3.14 M. | |
| About 40.0% of the company shares are held by company insiders |
Highway Holdings Returns Distribution Density
The distribution of Highway Holdings' historical returns is an attempt to chart the uncertainty of Highway Holdings' future price movements. The chart of the probability distribution of Highway Holdings daily returns describes the distribution of returns around its average expected value. We use Highway Holdings Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Highway Holdings returns is essential to provide solid investment advice for Highway Holdings.
| Mean Return | 0.17 | Value At Risk | -2.55 | Potential Upside | 2.73 | Standard Deviation | 4.39 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Highway Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Highway Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Highway Holdings, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Highway Holdings Limited back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Renaissance Technologies Corp | 2024-09-30 | 182.8 K | Advisor Group Holdings, Inc. | 2024-09-30 | 300 | Coppell Advisory Solutions Llc | 2024-09-30 | 31.0 | Susquehanna International Group, Llp | 2024-09-30 | 0.0 | Ubs Group Ag | 2024-09-30 | 0.0 | Citadel Advisors Llc | 2024-06-30 | 0.0 |
Highway Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (559K) | (301K) | (167K) | 794K | (272K) | (258.4K) | |
| Change In Cash | (297K) | (1.1M) | (1.7M) | 942K | (351K) | (333.5K) | |
| Free Cash Flow | 351K | (192K) | (298K) | 717K | 297K | 282.2K | |
| Depreciation | 1.2M | 1M | 1.1M | 1.1M | 758K | 631.0K | |
| Other Non Cash Items | 23K | 116K | 75K | 563K | 526K | 552.3K | |
| Dividends Paid | 297K | 981K | 569K | 1.0M | (616K) | (585.2K) | |
| Capital Expenditures | 91K | 88K | 134K | 92K | 118K | 112.1K | |
| Net Income | 687K | (454K) | 467K | (293K) | (978K) | (929.1K) | |
| Change To Netincome | 414K | 565K | (198K) | 653K | 751.0K | 788.5K | |
| Investments | (64K) | (78K) | (1.1M) | 991K | (102K) | (107.1K) |
Highway Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Highway Holdings or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Highway Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Highway stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | -0.38 | |
σ | Overall volatility | 4.43 | |
Ir | Information ratio | 0.02 |
Highway Holdings Volatility Alert
Highway Holdings Limited shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Highway Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Highway Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Highway Holdings Fundamentals Vs Peers
Comparing Highway Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Highway Holdings' direct or indirect competition across all of the common fundamentals between Highway Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Highway Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Highway Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Highway Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Highway Holdings to competition |
| Fundamentals | Highway Holdings | Peer Average |
| Return On Equity | -0.0709 | -0.31 |
| Return On Asset | -0.0196 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.05 % | (5.51) % |
| Current Valuation | 3.86 M | 16.62 B |
| Shares Outstanding | 4.4 M | 571.82 M |
| Shares Owned By Insiders | 39.81 % | 10.09 % |
| Shares Owned By Institutions | 4.16 % | 39.21 % |
| Number Of Shares Shorted | 45.56 K | 4.71 M |
| Price To Earning | 13.78 X | 28.72 X |
| Price To Book | 1.23 X | 9.51 X |
| Price To Sales | 1.09 X | 11.42 X |
| Revenue | 6.32 M | 9.43 B |
| Gross Profit | 3.14 M | 27.38 B |
| EBITDA | (11 K) | 3.9 B |
| Net Income | (978 K) | 570.98 M |
| Cash And Equivalents | 6.01 M | 2.7 B |
| Cash Per Share | 1.48 X | 5.01 X |
| Total Debt | 1.39 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 3.03 X | 2.16 X |
| Book Value Per Share | 1.54 X | 1.93 K |
| Cash Flow From Operations | 415 K | 971.22 M |
| Short Ratio | 0.20 X | 4.00 X |
| Earnings Per Share | (0.11) X | 3.12 X |
| Beta | 0.093 | -0.15 |
| Market Capitalization | 8.52 M | 19.03 B |
| Total Asset | 11.32 M | 29.47 B |
| Retained Earnings | (5.01 M) | 9.33 B |
| Working Capital | 5.81 M | 1.48 B |
| Current Asset | 15.73 M | 9.34 B |
| Current Liabilities | 5.07 M | 7.9 B |
| Annual Yield | 0.10 % |
Note: Disposition of 10000 shares by Zeff Capital, Lp of Highway Holdings at 6.02 subject to Rule 16b-3 [view details]
Highway Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Highway . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 191.79 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1.9 | |||
| Day Typical Price | 1.9 | |||
| Period Momentum Indicator | (0.01) |
About Highway Holdings Buy or Sell Advice
When is the right time to buy or sell Highway Holdings Limited? Buying financial instruments such as Highway Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Highway Holdings in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Highway Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.