Harvest Technology (Australia) Buy Hold or Sell Recommendation
| HTG Stock | 0.03 0 7.41% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Harvest Technology Group is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Harvest Technology Group given historical horizon and risk tolerance towards Harvest Technology. When Macroaxis issues a 'buy' or 'sell' recommendation for Harvest Technology Group, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Harvest Technology 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. Note, we conduct extensive research on individual companies such as Harvest and provide practical buy, sell, or hold advice based on investors' constraints. Harvest Technology Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Harvest |
Execute Harvest Technology Buy or Sell Advice
The Harvest recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Harvest Technology Group. Macroaxis does not own or have any residual interests in Harvest Technology Group or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Harvest Technology's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Harvest Technology Trading Alerts and Improvement Suggestions
| Harvest Technology is way too risky over 90 days horizon | |
| Harvest Technology has some characteristics of a very speculative penny stock | |
| Harvest Technology appears to be risky and price may revert if volatility continues | |
| Harvest Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 4.32 M. Net Loss for the year was (13.33 M) with profit before overhead, payroll, taxes, and interest of 4.51 M. | |
| Harvest Technology Group has accumulated about 992.02 K in cash with (4.8 M) of positive cash flow from operations. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Harvest Technology Group Secures Investments and Restructures for Growth - TipRanks |
Harvest Technology Returns Distribution Density
The distribution of Harvest Technology's historical returns is an attempt to chart the uncertainty of Harvest Technology's future price movements. The chart of the probability distribution of Harvest Technology daily returns describes the distribution of returns around its average expected value. We use Harvest Technology Group price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Harvest Technology returns is essential to provide solid investment advice for Harvest Technology.
| Mean Return | 0.73 | Value At Risk | -13.04 | Potential Upside | 16.67 | Standard Deviation | 8.85 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Harvest Technology 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.
Harvest Technology Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 9.1M | (4.5M) | (2.3M) | (3.5M) | (547.1K) | (519.7K) | |
| Free Cash Flow | (1.2M) | (9.4M) | (9.8M) | (4.6M) | (4.8M) | (4.6M) | |
| Other Non Cash Items | 10.8M | 8.6M | 851.9K | 6.7M | 6.3M | 3.3M | |
| Capital Expenditures | 96.2K | 387.3K | 821.6K | 49.4K | 30.0K | 28.5K | |
| Net Income | (6.0M) | (6.9M) | (13.7M) | (9.7M) | (13.3M) | (12.7M) | |
| End Period Cash Flow | 11.3M | 6.8M | 4.5M | 992.0K | 444.9K | 422.7K | |
| Depreciation | 3.4M | 1.1M | 1.8M | 1.8M | 1.4M | 991.1K | |
| Investments | (3.9M) | (1.3M) | (1.5M) | (149.4K) | (134.5K) | (141.2K) | |
| Net Borrowings | 2.4M | (2.8M) | (827.0K) | (498.1K) | (448.3K) | (425.9K) | |
| Dividends Paid | 1.6M | 2.1M | 8.3M | 1.5M | 1.8M | 2.4M | |
| Change To Netincome | 3.6M | 2.3M | 651.2K | 3.4M | 4.0M | 4.2M | |
| Change To Inventory | (79.1K) | (110.7K) | (369.8K) | 54.7K | 46.3K | 48.6K |
Harvest Technology 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 Harvest Technology or Software 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 Harvest Technology's 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 Harvest 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 | 0.93 | |
β | Beta against Dow Jones | -1.63 | |
σ | Overall volatility | 8.74 | |
Ir | Information ratio | 0.07 |
Harvest Technology Volatility Alert
Harvest Technology Group is showing large volatility of returns over the selected time horizon. Harvest Technology Group is a penny stock. Although Harvest Technology may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Harvest Technology Group. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Harvest instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Harvest Technology Fundamentals Vs Peers
Comparing Harvest Technology's 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 Harvest Technology's direct or indirect competition across all of the common fundamentals between Harvest Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Harvest Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Harvest Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Harvest Technology by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Harvest Technology to competition |
| Fundamentals | Harvest Technology | Peer Average |
| Return On Equity | -1.19 | -0.31 |
| Return On Asset | -0.55 | -0.14 |
| Operating Margin | (1.44) % | (5.51) % |
| Current Valuation | 31.38 M | 16.62 B |
| Shares Outstanding | 869.96 M | 571.82 M |
| Shares Owned By Insiders | 34.04 % | 10.09 % |
| Price To Book | 3.21 X | 9.51 X |
| Price To Sales | 5.84 X | 11.42 X |
| Revenue | 4.32 M | 9.43 B |
| Gross Profit | 4.51 M | 27.38 B |
| EBITDA | (12.3 M) | 3.9 B |
| Net Income | (13.33 M) | 570.98 M |
| Cash And Equivalents | 992.02 K | 2.7 B |
| Total Debt | 6.6 M | 5.32 B |
| Book Value Per Share | (0.01) X | 1.93 K |
| Cash Flow From Operations | (4.8 M) | 971.22 M |
| Earnings Per Share | (0.02) X | 3.12 X |
| Target Price | 0.28 | |
| Beta | 0.79 | -0.15 |
| Market Capitalization | 25.23 M | 19.03 B |
| Total Asset | 3.49 M | 29.47 B |
| Retained Earnings | (61.13 M) | 9.33 B |
| Working Capital | 972.77 K | 1.48 B |
| Net Asset | 3.49 M |
Harvest Technology Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Harvest . 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.
About Harvest Technology Buy or Sell Advice
When is the right time to buy or sell Harvest Technology Group? Buying financial instruments such as Harvest 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 Harvest Technology 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?
Run IT Thematic Idea Now
IT
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize IT Theme or any other thematic opportunities.
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Additional Tools for Harvest Stock Analysis
When running Harvest Technology's price analysis, check to measure Harvest Technology'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 Harvest Technology is operating at the current time. Most of Harvest Technology's value examination focuses on studying past and present price action to predict the probability of Harvest Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harvest Technology's price. Additionally, you may evaluate how the addition of Harvest Technology to your portfolios can decrease your overall portfolio volatility.