Hi Tech (Pakistan) Performance
| HTL Stock | 42.33 0.04 0.09% |
Hi Tech has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0727, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hi Tech are expected to decrease at a much lower rate. During the bear market, Hi Tech is likely to outperform the market. Hi Tech Lubricants at this time owns a risk of 2.84%. Please check out Hi Tech Lubricants jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Hi Tech Lubricants will be following its current price history.
Risk-Adjusted Performance
3 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Hi Tech Lubricants are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Hi Tech may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
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Hi Tech Relative Risk vs. Return Landscape
If you would invest 4,002 in Hi Tech Lubricants on August 27, 2024 and sell it today you would earn a total of 227.00 from holding Hi Tech Lubricants or generate 5.67% return on investment over 90 days. Hi Tech Lubricants is generating 0.1255% of daily returns and assumes 2.838% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than HTL, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Hi Tech Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hi Tech's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hi Tech Lubricants, and traders can use it to determine the average amount a Hi Tech'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 = 0.0442
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| Cash | Small Risk | HTL | High Risk | Huge Risk |
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Hi Tech 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 Hi Tech by adding it to a well-diversified portfolio.
About Hi Tech Performance
Assessing Hi Tech's fundamental ratios provides investors with valuable insights into Hi Tech's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hi Tech is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Hi Tech Lubricants performance evaluation
Checking the ongoing alerts about Hi Tech for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hi Tech Lubricants help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Hi Tech's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hi Tech's stock performance include:- Analyzing Hi Tech'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 Hi Tech's stock is overvalued or undervalued compared to its peers.
- Examining Hi Tech'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 Hi Tech's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hi Tech's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hi Tech's stock. These opinions can provide insight into Hi Tech's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for HTL Stock Analysis
When running Hi Tech's price analysis, check to measure Hi Tech'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 Tech is operating at the current time. Most of Hi Tech's value examination focuses on studying past and present price action to predict the probability of Hi Tech'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 Tech's price. Additionally, you may evaluate how the addition of Hi Tech to your portfolios can decrease your overall portfolio volatility.