Heroux Devtek Stock Performance
| HRX Stock | CAD 31.73 0.22 0.70% |
Heroux Devtek has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0345, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heroux Devtek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heroux Devtek is expected to be smaller as well. Heroux Devtek right now retains a risk of 0.29%. Please check out Heroux Devtek semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Heroux Devtek will be following its current trending patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Heroux Devtek are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, Heroux Devtek is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
Dividend Date 2012-12-19 | Ex Dividend Date 2012-12-20 |
1 | Heres Why Hroux-Devtek Has Caught The Eye Of Investors - Yahoo Finance | 09/17/2024 |
2 | Hroux-Devtek Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell - MarketBeat | 11/19/2024 |
| Begin Period Cash Flow | 15 M |
Heroux |
Heroux Devtek Relative Risk vs. Return Landscape
If you would invest 3,129 in Heroux Devtek on September 2, 2024 and sell it today you would earn a total of 44.00 from holding Heroux Devtek or generate 1.41% return on investment over 90 days. Heroux Devtek is generating 0.0222% of daily returns assuming 0.2903% volatility of returns over the 90 days investment horizon. Simply put, 2% of all stocks have less volatile historical return distribution than Heroux Devtek, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Heroux Devtek Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heroux Devtek's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heroux Devtek, and traders can use it to determine the average amount a Heroux Devtek's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0766
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HRX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Heroux Devtek 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 Heroux Devtek by adding it to a well-diversified portfolio.
Heroux Devtek Fundamentals Growth
Heroux Stock prices reflect investors' perceptions of the future prospects and financial health of Heroux Devtek, and Heroux Devtek fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Heroux Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0481 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 1.21 B | ||||
| Shares Outstanding | 33.67 M | ||||
| Price To Earning | 9.70 X | ||||
| Price To Book | 2.28 X | ||||
| Price To Sales | 1.61 X | ||||
| Revenue | 629.77 M | ||||
| Gross Profit | 91.09 M | ||||
| EBITDA | 96.36 M | ||||
| Net Income | 38.27 M | ||||
| Cash And Equivalents | 15.02 M | ||||
| Cash Per Share | 3.15 X | ||||
| Total Debt | 218.03 M | ||||
| Debt To Equity | 1.00 % | ||||
| Current Ratio | 2.30 X | ||||
| Book Value Per Share | 12.77 X | ||||
| Cash Flow From Operations | 2.93 M | ||||
| Earnings Per Share | 1.53 X | ||||
| Market Capitalization | 1.07 B | ||||
| Total Asset | 911.42 M | ||||
| Retained Earnings | 323.05 M | ||||
| Working Capital | 266.9 M | ||||
| Current Asset | 263.14 M | ||||
| Current Liabilities | 112.66 M | ||||
About Heroux Devtek Performance
By examining Heroux Devtek's fundamental ratios, stakeholders can obtain critical insights into Heroux Devtek's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Heroux Devtek is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 227.54 | 117.70 | |
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Capital Employed | 0.09 | 0.07 | |
| Return On Assets | 0.04 | 0.03 | |
| Return On Equity | 0.09 | 0.08 |
Things to note about Heroux Devtek performance evaluation
Checking the ongoing alerts about Heroux Devtek for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heroux Devtek help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Hroux-Devtek Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell - MarketBeat |
- Analyzing Heroux Devtek's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Heroux Devtek's stock is overvalued or undervalued compared to its peers.
- Examining Heroux Devtek's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Heroux Devtek's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heroux Devtek's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heroux Devtek's stock. These opinions can provide insight into Heroux Devtek's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Heroux Stock
Heroux Devtek financial ratios help investors to determine whether Heroux Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Heroux with respect to the benefits of owning Heroux Devtek security.