Highway 50 Gold Stock Price on August 27, 2024
| HWY Stock | CAD 0.20 0.00 0.00% |
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 0.20, as last reported on the 27th of November, with the highest price reaching 0.20 and the lowest price hitting 0.20 during the day.
If you're considering investing in Highway Stock, it is important to understand the factors that can impact its price. Highway 50 appears to be out of control, given 3 months investment horizon. Highway 50 Gold holds Efficiency (Sharpe) Ratio of 0.0803, which attests that the entity had a 0.0803% return per unit of risk over the last 3 months. By evaluating Highway 50's technical indicators, you can evaluate if the expected return of 0.79% is justified by implied risk. Please utilize Highway 50's Market Risk Adjusted Performance of (2.17), risk adjusted performance of 0.0687, and Downside Deviation of 15.8 to validate if our risk estimates are consistent with your expectations.
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.
200 Day MA 0.1862 | 50 Day MA 0.2272 | Beta 0.042 |
Highway |
Sharpe Ratio = 0.0803
| Best Portfolio | Best Equity | |||
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| Small Returns | HWY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 9.86 actual daily | 87 87% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Highway 50 is performing at about 6% of its full potential. 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 it to a well-diversified portfolio.
Price Book 12.0381 | Enterprise Value Ebitda (13.17) | Price Sales 3.9 K | Shares Float 38.5 M | Earnings Share (0.09) |
Highway 50 Valuation on August 27, 2024
It is possible to determine the worth of Highway 50 on a given historical date. On August 27, 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 | |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 | |
08/27/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 11,500 |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
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Highway 50 Trading Date Momentum on August 27, 2024
| On August 28 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 08/28/2024 did not cause price change. The trading delta at closing time to current closing price is 6.25% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 45.8 M | 42.3 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.
Price Boundaries
Highway 50 Period Price Range
Low | November 27, 2024
| 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 November 27, 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.
| Risk Adjusted Performance | 0.0687 | |||
| Jensen Alpha | 0.7738 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0388 | |||
| Treynor Ratio | (2.18) |
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| Volume Indicators |
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.