Hexo Corp Stock Five Year Return

Summary

HEXODelisted Stock

USD 0.71 0.00 0.00%

Hexo Corp fundamentals help investors to digest information that contributes to Hexo Corp's financial success or failures. It also enables traders to predict the movement of Hexo Stock. The fundamental analysis module provides a way to measure Hexo Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hexo Corp stock.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hexo Corp Company Five Year Return Analysis

Hexo Corp's Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

Five Year Return

(Mean of Monthly Returns - 1)

X

100%

More About Five Year Return | All Equity Analysis

Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.

Competition

According to the company disclosure, Hexo Corp has a Five Year Return of 0.0%. This indicator is about the same for the Pharmaceuticals average (which is currently at 0.0) sector and about the same as Health Care (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).

Hexo Five Year Return Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hexo Corp's direct or indirect competition against its Five Year Return to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hexo Corp could also be used in its relative valuation, which is a method of valuing Hexo Corp by comparing valuation metrics of similar companies.

Hexo Corp is currently under evaluation in five year return category among its peers.

Hexo Fundamentals

	Return On Equity	-1.06
	Return On Asset	-0.15
	Profit Margin	(2.20) %
	Operating Margin	(1.20) %
	Current Valuation	191.06 M
	Shares Outstanding	44 M
	Shares Owned By Insiders	3.02 %
	Shares Owned By Institutions	7.57 %
	Number Of Shares Shorted	971.71 K
	Price To Earning	(16.42) X
	Price To Book	0.41 X
	Price To Sales	0.43 X
	Revenue	191.1 M
	Gross Profit	(75.67 M)
	EBITDA	(257.63 M)
	Net Income	(1.11 B)
	Cash And Equivalents	14.22 M
	Cash Per Share	0.03 X
	Total Debt	251.52 M
	Debt To Equity	0.99 %
	Current Ratio	0.99 X
	Book Value Per Share	3.24 X
	Cash Flow From Operations	(116.69 M)
	Short Ratio	3.02 X
	Earnings Per Share	(2.77) X
	Target Price	0.7
	Number Of Employees	40
	Beta	2.13
	Market Capitalization	31.24 M
	Total Asset	680.95 M
	Retained Earnings	(1.84 B)
	Working Capital	(63.43 M)
	Current Asset	359.35 M
	Current Liabilities	50.65 M
	Z Score	-4.79
	Net Asset	680.95 M

About Hexo Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hexo Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hexo Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hexo Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Hexo Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hexo Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hexo Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Hexo Stock

0.69	BKRKY	Bank Rakyat	Pair Corr
0.75	PPERY	Bank Mandiri Persero	Pair Corr
0.7	PPERF	Bank Mandiri Persero	Pair Corr

Moving against Hexo Stock

0.8	DIS	Walt Disney Sell-off Trend	Pair Corr
0.77	BAC	Bank of America Aggressive Push	Pair Corr
0.72	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.68	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.62	CSCO	Cisco Systems Sell-off Trend	Pair Corr

The ability to find closely correlated positions to Hexo Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hexo Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hexo Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hexo Corp to buy it.

The correlation of Hexo Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hexo Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hexo Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Hexo Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Hexo Stock

If you are still planning to invest in Hexo Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hexo Corp's history and understand the potential risks before investing.

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