Himalaya Shipping Stock Performance
| HSHP Stock | 6.91 0.24 3.36% |
The company retains a Market Volatility (i.e., Beta) of 0.62, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Himalaya Shipping's returns are expected to increase less than the market. However, during the bear market, the loss of holding Himalaya Shipping is expected to be smaller as well. At this point, Himalaya Shipping has a negative expected return of -0.0891%. Please make sure to check out Himalaya Shipping's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Himalaya Shipping performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Himalaya Shipping has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable technical indicators, Himalaya Shipping is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.87 | Five Day Return (6.19) | Year To Date Return 6.41 | Ten Year Return 20.17 | All Time Return 20.17 |
Forward Dividend Yield 0.068 | Payout Ratio 0.4769 | Forward Dividend Rate 0.47 | Dividend Date 2024-11-29 | Ex Dividend Date 2024-11-18 |
| Himalaya Shipping dividend paid on 4th of September 2024 | 09/04/2024 |
1 | Himalaya Shipping Ltd. dividend raises by 16.7 percent to 0.07 | 09/10/2024 |
| Himalaya Shipping dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Himalaya Shipping Ltd. Raises Dividend to 0.10 Per Share | 10/10/2024 |
| Himalaya Shipping dividend paid on 31st of October 2024 | 10/31/2024 |
| Begin Period Cash Flow | 301.3 K |
Himalaya |
Himalaya Shipping Relative Risk vs. Return Landscape
If you would invest 745.00 in Himalaya Shipping on August 24, 2024 and sell it today you would lose (54.00) from holding Himalaya Shipping or give up 7.25% of portfolio value over 90 days. Himalaya Shipping is currently does not generate positive expected returns and assumes 2.4024% risk (volatility on return distribution) over the 90 days horizon. In different words, 21% of stocks are less volatile than Himalaya, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Himalaya Shipping Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Himalaya Shipping's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Himalaya Shipping, and traders can use it to determine the average amount a Himalaya Shipping'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 = -0.0371
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| Negative Returns | HSHP |
Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Himalaya Shipping 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 Himalaya Shipping by adding Himalaya Shipping to a well-diversified portfolio.
Himalaya Shipping Fundamentals Growth
Himalaya Stock prices reflect investors' perceptions of the future prospects and financial health of Himalaya Shipping, and Himalaya Shipping 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 Himalaya Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0538 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.60 % | ||||
| Current Valuation | 1 B | ||||
| Shares Outstanding | 43.9 M | ||||
| Price To Book | 1.89 X | ||||
| Price To Sales | 2.71 X | ||||
| Revenue | 38.12 M | ||||
| EBITDA | 25.15 M | ||||
| Net Income | 1.51 M | ||||
| Total Debt | 438.19 M | ||||
| Book Value Per Share | 3.65 X | ||||
| Cash Flow From Operations | 9.52 M | ||||
| Earnings Per Share | 0.58 X | ||||
| Market Capitalization | 304.24 M | ||||
| Total Asset | 597.43 M | ||||
| Retained Earnings | (1.48 M) | ||||
| Working Capital | 7.51 M | ||||
About Himalaya Shipping Performance
Assessing Himalaya Shipping's fundamental ratios provides investors with valuable insights into Himalaya Shipping's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Himalaya Shipping is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 11.33 | 10.07 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Equity | 0.01 | 0.01 |
Things to note about Himalaya Shipping performance evaluation
Checking the ongoing alerts about Himalaya Shipping for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Himalaya Shipping help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Himalaya Shipping generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are held by company insiders | |
| On 31st of October 2024 Himalaya Shipping paid 0.1 per share dividend to its current shareholders |
- Analyzing Himalaya Shipping'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 Himalaya Shipping's stock is overvalued or undervalued compared to its peers.
- Examining Himalaya Shipping'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 Himalaya Shipping's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Himalaya Shipping's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Himalaya Shipping's stock. These opinions can provide insight into Himalaya Shipping's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Himalaya Stock Analysis
When running Himalaya Shipping's price analysis, check to measure Himalaya Shipping'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 Himalaya Shipping is operating at the current time. Most of Himalaya Shipping's value examination focuses on studying past and present price action to predict the probability of Himalaya Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Himalaya Shipping's price. Additionally, you may evaluate how the addition of Himalaya Shipping to your portfolios can decrease your overall portfolio volatility.