Highway 50 Gold Stock Price on April 16, 2024

HWY Stock  CAD 0.10  0.05  33.33%   
Below is the normalized historical share price chart for Highway 50 Gold extending back to October 11, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Highway 50 stands at 0.10, as last reported on the 18th of December 2024, with the highest price reaching 0.13 and the lowest price hitting 0.10 during the day.
200 Day MA
0.1888
50 Day MA
0.2058
Beta
0.042
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Highway Stock, it is important to understand the factors that can impact its price. Highway 50 Gold holds Efficiency (Sharpe) Ratio of -0.0726, which attests that the entity had a -0.0726% return per unit of risk over the last 3 months. Highway 50 Gold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Highway 50's Market Risk Adjusted Performance of (0.28), standard deviation of 8.94, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
  
Sale Purchase Of Stock is likely to climb to about 1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 801.5 K in 2024. . Highway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0726

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Estimated Market Risk

 9.15
  actual daily
81
81% of assets are less volatile

Expected Return

 -0.66
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Highway 50 is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Highway 50 by adding Highway 50 to a well-diversified portfolio.
Price Book
6.5279
Enterprise Value Ebitda
(13.17)
Price Sales
3.9 K
Shares Float
38.5 M
Earnings Share
(0.11)

Highway 50 Valuation on April 16, 2024

It is possible to determine the worth of Highway 50 on a given historical date. On April 16, 2024 Highway was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Highway 50 stock. Still, in general, we apply an absolute valuation method to find Highway 50's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Highway 50 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Highway 50's related companies.
 Open High Low Close Volume
  0.15    0.15    0.15    0.15    1.00  
04/16/2024
  0.16    0.16    0.16    0.16    3,000  
  0.16    0.16    0.16    0.16    1.00  
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Open Value
0.16
0.16
Closing Value
27.61
Upside

Highway 50 Trading Date Momentum on April 16, 2024

On April 17 2024 Highway 50 Gold was traded for  0.16  at the closing time. The highest daily price throughout the period was 0.16  and the lowest price was  0.16 . There was no trading activity during the period 1.0. Lack of trading volume on 04/17/2024 did not cause price change. The trading delta at closing time to current closing price is 56.25% .

Highway 50 Gold Fundamentals Correlations and Trends

By evaluating Highway 50's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Highway 50's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Highway financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Highway 50 Stock history

Highway 50 investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Highway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Highway 50 Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Highway 50 stock prices may prove useful in developing a viable investing in Highway 50
Last ReportedProjected for Next Year
Common Stock Shares Outstanding45.8 M42.3 M
Net Loss-723.9 K-760.1 K

Highway 50 Stock Technical Analysis

Highway 50 technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Highway 50 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Highway 50 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Highway 50 Period Price Range

Low
December 18, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Highway 50 Gold cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Highway 50 December 18, 2024 Market Strength

Market strength indicators help investors to evaluate how Highway 50 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highway 50 shares will generate the highest return on investment. By undertsting and applying Highway 50 stock market strength indicators, traders can identify Highway 50 Gold entry and exit signals to maximize returns

Highway 50 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Highway 50's price direction in advance. Along with the technical and fundamental analysis of Highway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Highway to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Highway Stock Analysis

When running Highway 50's price analysis, check to measure Highway 50'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 Highway 50 is operating at the current time. Most of Highway 50's value examination focuses on studying past and present price action to predict the probability of Highway 50's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highway 50's price. Additionally, you may evaluate how the addition of Highway 50 to your portfolios can decrease your overall portfolio volatility.