Highway Holdings Limited Stock Performance
| HIHO Stock | USD 1.95 0.02 1.04% |
Highway Holdings has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Highway Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Highway Holdings is expected to be smaller as well. Highway Holdings right now retains a risk of 4.43%. Please check out Highway Holdings potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Highway Holdings will be following its current trending patterns.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Highway Holdings Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical indicators, Highway Holdings may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.102 | Payout Ratio 2.2727 | Forward Dividend Rate 0.2 | Dividend Date 2024-05-03 | Ex Dividend Date 2024-12-12 |
1 | Highway Holdings stock hits 52-week low at 1.72 - Investing.com | 09/04/2024 |
2 | Highway Holdings Declares 0.02 Cash Dividend per Share Company Sets Dividend Record and Distribution Dates | 09/24/2024 |
3 | Freetech Road Recycling Technology Limiteds Share Price Boosted 37 percent But Its Business Prospects Need A Lift Too - Simply Wall St | 10/02/2024 |
| Highway Holdings dividend paid on 11th of October 2024 | 10/11/2024 |
4 | Highway Holdings Has Affirmed Its Dividend Of 0.05 | 11/14/2024 |
| Begin Period Cash Flow | 7 M |
Highway |
Highway Holdings Relative Risk vs. Return Landscape
If you would invest 182.00 in Highway Holdings Limited on August 26, 2024 and sell it today you would earn a total of 11.00 from holding Highway Holdings Limited or generate 6.04% return on investment over 90 days. Highway Holdings Limited is currently generating 0.1776% in daily expected returns and assumes 4.4282% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of stocks are less volatile than Highway, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Highway Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Highway Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Highway Holdings Limited, and traders can use it to determine the average amount a Highway Holdings' 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 = 0.0401
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Estimated Market Risk
| 4.43 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Highway Holdings is performing at about 3% of its full potential. 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 Highway Holdings by adding it to a well-diversified portfolio.
Highway Holdings Fundamentals Growth
Highway Stock prices reflect investors' perceptions of the future prospects and financial health of Highway Holdings, and Highway Holdings 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 Highway Stock performance.
| Return On Equity | -0.0709 | ||||
| Return On Asset | -0.0196 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 4.1 M | ||||
| Shares Outstanding | 4.4 M | ||||
| Price To Earning | 13.78 X | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 1.12 X | ||||
| Revenue | 6.32 M | ||||
| Gross Profit | 3.14 M | ||||
| EBITDA | (11 K) | ||||
| Net Income | (978 K) | ||||
| Cash And Equivalents | 6.01 M | ||||
| Cash Per Share | 1.48 X | ||||
| Total Debt | 1.39 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 3.03 X | ||||
| Book Value Per Share | 1.54 X | ||||
| Cash Flow From Operations | 415 K | ||||
| Earnings Per Share | (0.11) X | ||||
| Market Capitalization | 8.52 M | ||||
| Total Asset | 11.32 M | ||||
| Retained Earnings | (5.01 M) | ||||
| Working Capital | 5.81 M | ||||
| Current Asset | 15.73 M | ||||
| Current Liabilities | 5.07 M | ||||
About Highway Holdings Performance
By examining Highway Holdings' fundamental ratios, stakeholders can obtain critical insights into Highway Holdings' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Highway Holdings is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 123.91 | 89.30 | |
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.10) | (0.10) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.14) | (0.14) |
Things to note about Highway Holdings performance evaluation
Checking the ongoing alerts about Highway Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Highway Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Highway Holdings may become a speculative penny stock | |
| Highway Holdings had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 6.32 M. Net Loss for the year was (978 K) with profit before overhead, payroll, taxes, and interest of 3.14 M. | |
| About 40.0% of the company shares are held by company insiders | |
| On 11th of October 2024 Highway Holdings paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Highway Holdings Has Affirmed Its Dividend Of 0.05 |
- Analyzing Highway Holdings' 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 Highway Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Highway Holdings' 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 Highway Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Highway Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Highway Holdings' stock. These opinions can provide insight into Highway Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 0.07 | Earnings Share (0.11) | Revenue Per Share 1.742 | Quarterly Revenue Growth 0.601 | Return On Assets (0.02) |
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.