High Arctic Energy Stock Performance
| HGHAF Stock | USD 0.78 0.02 2.50% |
The company retains a Market Volatility (i.e., Beta) of 0.0166, which attests to not very significant fluctuations relative to the market. As returns on the market increase, High Arctic's returns are expected to increase less than the market. However, during the bear market, the loss of holding High Arctic is expected to be smaller as well. At this point, High Arctic Energy has a negative expected return of -0.0775%. Please make sure to check out High Arctic's information ratio, kurtosis, period momentum indicator, as well as the relationship between the treynor ratio and day median price , to decide if High Arctic Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days High Arctic Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, High Arctic is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 32.6 M | |
| Total Cashflows From Investing Activities | -5.6 M |
High |
High Arctic Relative Risk vs. Return Landscape
If you would invest 81.00 in High Arctic Energy on November 27, 2024 and sell it today you would lose (3.00) from holding High Arctic Energy or give up 3.7% of portfolio value over 90 days. High Arctic Energy is currently producing negative expected returns and takes up 1.4419% volatility of returns over 90 trading days. Put another way, 12% of traded pink sheets are less volatile than High, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
High Arctic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Arctic's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as High Arctic Energy, and traders can use it to determine the average amount a High Arctic'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 = -0.0538
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HGHAF |
Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Arctic 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 High Arctic by adding High Arctic to a well-diversified portfolio.
High Arctic Fundamentals Growth
High Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of High Arctic, and High Arctic 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 High Pink Sheet performance.
| Return On Equity | -0.22 | |||
| Return On Asset | -0.0537 | |||
| Profit Margin | (0.35) % | |||
| Operating Margin | (0.16) % | |||
| Current Valuation | 43.03 M | |||
| Shares Outstanding | 48.72 M | |||
| Price To Earning | 4.37 X | |||
| Price To Book | 0.58 X | |||
| Price To Sales | 0.60 X | |||
| Revenue | 76.44 M | |||
| EBITDA | 4.39 M | |||
| Cash And Equivalents | 15.1 M | |||
| Cash Per Share | 0.31 X | |||
| Total Debt | 7.78 M | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 2.58 X | |||
| Cash Flow From Operations | (1.8 M) | |||
| Earnings Per Share | (0.25) X | |||
| Total Asset | 185.45 M | |||
About High Arctic Performance
By analyzing High Arctic's fundamental ratios, stakeholders can gain valuable insights into High Arctic's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if High Arctic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if High Arctic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. High Arctic operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 479 people.Things to note about High Arctic Energy performance evaluation
Checking the ongoing alerts about High Arctic for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for High Arctic Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Arctic Energy generated a negative expected return over the last 90 days | |
| High Arctic Energy has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 76.44 M. Net Loss for the year was (18.61 M) with profit before overhead, payroll, taxes, and interest of 13.43 M. | |
| High Arctic Energy has accumulated about 15.1 M in cash with (1.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31. | |
| Roughly 95.0% of the company shares are held by company insiders |
- Analyzing High Arctic'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 High Arctic's stock is overvalued or undervalued compared to its peers.
- Examining High Arctic'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 High Arctic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Arctic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of High Arctic's pink sheet. These opinions can provide insight into High Arctic's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for High Pink Sheet analysis
When running High Arctic's price analysis, check to measure High Arctic'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 High Arctic is operating at the current time. Most of High Arctic's value examination focuses on studying past and present price action to predict the probability of High Arctic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Arctic's price. Additionally, you may evaluate how the addition of High Arctic to your portfolios can decrease your overall portfolio volatility.
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