HitechLimited (India) Performance
| HITECHCORP | 237.30 0.40 0.17% |
HitechLimited has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0244, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HitechLimited's returns are expected to increase less than the market. However, during the bear market, the loss of holding HitechLimited is expected to be smaller as well. Hitech Limited right now retains a risk of 4.04%. Please check out HitechLimited skewness, day typical price, and the relationship between the downside variance and daily balance of power , to decide if HitechLimited will be following its current trending patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hitech Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, HitechLimited may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Forward Dividend Yield 0.0043 | Forward Dividend Rate 1 | Ex Dividend Date 2024-07-19 |
1 | Share Market News Brokerage Sharekhan Sees 25 Percent Upside In Hi-Tech Pipes Check Details Here - India.com | 09/04/2024 |
2 | Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd Doing What It Can To Lift Shares - Simply Wall St | 09/24/2024 |
3 | Integrated Hitech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com | 11/11/2024 |
4 | Suzhou New District Hi-Tech Industrial Co.,Ltd Stock Rockets 34 percent As Investors Are Less Pessimistic Than Expected - Simply Wall St | 11/19/2024 |
| Begin Period Cash Flow | 23.5 M |
HitechLimited |
HitechLimited Relative Risk vs. Return Landscape
If you would invest 22,501 in Hitech Limited on August 30, 2024 and sell it today you would earn a total of 1,229 from holding Hitech Limited or generate 5.46% return on investment over 90 days. Hitech Limited is generating 0.1603% of daily returns and assumes 4.043% volatility on return distribution over the 90 days horizon. Simply put, 36% of stocks are less volatile than HitechLimited, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HitechLimited Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HitechLimited's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hitech Limited, and traders can use it to determine the average amount a HitechLimited'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 = 0.0396
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HITECHCORP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.16 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 HitechLimited 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 HitechLimited by adding it to a well-diversified portfolio.
HitechLimited Fundamentals Growth
HitechLimited Stock prices reflect investors' perceptions of the future prospects and financial health of HitechLimited, and HitechLimited 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 HitechLimited Stock performance.
| Return On Equity | 0.0869 | ||||
| Return On Asset | 0.0735 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 4.93 B | ||||
| Shares Outstanding | 17.18 M | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 0.74 X | ||||
| Revenue | 5.62 B | ||||
| Gross Profit | 2.09 B | ||||
| EBITDA | 739.89 M | ||||
| Net Income | 220.03 M | ||||
| Total Debt | 803.84 M | ||||
| Book Value Per Share | 153.37 X | ||||
| Cash Flow From Operations | 545.74 M | ||||
| Earnings Per Share | 9.23 X | ||||
| Total Asset | 3.89 B | ||||
| Retained Earnings | 1.92 B | ||||
About HitechLimited Performance
By analyzing HitechLimited's fundamental ratios, stakeholders can gain valuable insights into HitechLimited's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HitechLimited 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 HitechLimited has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
HitechLimited is entity of India. It is traded as Stock on NSE exchange.Things to note about Hitech Limited performance evaluation
Checking the ongoing alerts about HitechLimited for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hitech Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hitech Limited had very high historical volatility over the last 90 days | |
| About 75.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Suzhou New District Hi-Tech Industrial Co.,Ltd Stock Rockets 34 percent As Investors Are Less Pessimistic Than Expected - Simply Wall St |
- Analyzing HitechLimited'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 HitechLimited's stock is overvalued or undervalued compared to its peers.
- Examining HitechLimited'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 HitechLimited's management team can have a significant impact on its success or failure. Reviewing the track record and experience of HitechLimited's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of HitechLimited's stock. These opinions can provide insight into HitechLimited's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for HitechLimited Stock analysis
When running HitechLimited's price analysis, check to measure HitechLimited'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 HitechLimited is operating at the current time. Most of HitechLimited's value examination focuses on studying past and present price action to predict the probability of HitechLimited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HitechLimited's price. Additionally, you may evaluate how the addition of HitechLimited to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |