Hi Great Group Holding Stock Net Income
| HIGR Stock | USD 0.06 0.0005 0.83% |
Fundamental analysis of Hi Great allows traders to better anticipate movements in Hi Great's stock price by examining its financial health and performance throughout various phases of its business cycle.
HIGR |
Hi Great Group Holding Company Net Income Analysis
Hi Great's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Hi Great Net Income | 61.66 K |
Most of Hi Great's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hi Great Group Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, Hi Great Group Holding reported net income of 61.66 K. This is 99.99% lower than that of the Consumer Defensive sector and 100.06% lower than that of the Packaged Foods industry. The net income for all United States stocks is 99.99% higher than that of the company.
HIGR Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hi Great's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hi Great could also be used in its relative valuation, which is a method of valuing Hi Great by comparing valuation metrics of similar companies.Hi Great is currently under evaluation in net income category among its peers.
HIGR Fundamentals
| Return On Equity | -12.36 | |||
| Return On Asset | -0.28 | |||
| Profit Margin | (0.52) % | |||
| Operating Margin | (0.52) % | |||
| Current Valuation | 100.08 M | |||
| Shares Owned By Insiders | 82.94 % | |||
| Price To Earning | 17.80 X | |||
| Revenue | 264.19 K | |||
| Gross Profit | 166.53 K | |||
| EBITDA | 61.97 K | |||
| Net Income | 61.66 K | |||
| Cash And Equivalents | 120.91 K | |||
| Total Debt | 111 K | |||
| Debt To Equity | 1.84 % | |||
| Current Ratio | 0.77 X | |||
| Cash Flow From Operations | 79.1 K | |||
| Earnings Per Share | 0 X | |||
| Beta | -5.65 | |||
| Total Asset | 290.33 K | |||
| Net Asset | 290.33 K |
About Hi Great Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hi Great Group Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hi Great using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hi Great Group Holding 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 Hi Great
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 Hi Great 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 Hi Great will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hi Great could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hi Great 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 Hi Great - 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 Hi Great Group Holding to buy it.
The correlation of Hi Great 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 Hi Great moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hi Great Group 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 Hi Great 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.Additional Tools for HIGR Pink Sheet Analysis
When running Hi Great's price analysis, check to measure Hi Great'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 Hi Great is operating at the current time. Most of Hi Great's value examination focuses on studying past and present price action to predict the probability of Hi Great's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hi Great's price. Additionally, you may evaluate how the addition of Hi Great to your portfolios can decrease your overall portfolio volatility.