High Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and ... - Yahoo Finance
| 3494 Stock | TWD 16.25 0.55 3.50% |
Slightly above 55% of HiTi Digital's sophisticated investors are presently thinking to get in. The analysis of current outlook of investing in HiTi Digital suggests that some traders are interested regarding HiTi Digital's prospects. HiTi Digital's investing sentiment can be driven by a variety of factors including economic data, HiTi Digital's earnings reports, geopolitical events, and overall market trends.
HiTi Digital stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of HiTi daily returns and investor perception about the current price of HiTi Digital as well as its diversification or hedging effects on your existing portfolios.
HiTi |
High Tide Reports First Quarter 2024 Financial Results Featuring Record Revenue, Record Adjusted EBITDA, and ... Yahoo Finance
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HiTi Digital Fundamental Analysis
We analyze HiTi Digital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HiTi Digital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HiTi Digital 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.
Beta
Beta Comparative Analysis
HiTi Digital is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
HiTi Digital Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HiTi Digital stock to make a market-neutral strategy. Peer analysis of HiTi Digital could also be used in its relative valuation, which is a method of valuing HiTi Digital by comparing valuation metrics with similar companies.
Peers
HiTi Digital Related Equities
| 6117 | In Win | 9.95 | ||||
| 3005 | Getac Technology | 1.42 | ||||
| 3046 | AOPEN | 2.49 | ||||
| 3515 | ASRock | 3.87 | ||||
| 3701 | FIC Global | 4.03 |
Additional Tools for HiTi Stock Analysis
When running HiTi Digital's price analysis, check to measure HiTi Digital'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 HiTi Digital is operating at the current time. Most of HiTi Digital's value examination focuses on studying past and present price action to predict the probability of HiTi Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HiTi Digital's price. Additionally, you may evaluate how the addition of HiTi Digital to your portfolios can decrease your overall portfolio volatility.