Heliogen Cash Per Share vs. Beta
| HLGNDelisted Stock | USD 0.28 0.02 6.67% |
For Heliogen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heliogen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heliogen utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heliogen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heliogen over time as well as its relative position and ranking within its peers.
Heliogen |
Heliogen Beta vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heliogen's current stock value. Our valuation model uses many indicators to compare Heliogen value to that of its competitors to determine the firm's financial worth. Heliogen is one of the top stocks in cash per share category among its peers. It also is one of the top stocks in beta category among its peers totaling about 2.92 of Beta per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Heliogen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Heliogen's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Heliogen Beta vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Heliogen |
| = | 0.83 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
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.
Heliogen |
| = | 2.42 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Heliogen Beta Comparison
Heliogen is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Heliogen will likely underperform.
Heliogen Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heliogen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heliogen will eventually generate negative long term returns. The profitability progress is the general direction of Heliogen's change in net profit over the period of time. It can combine multiple indicators of Heliogen, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Heliogen, Inc., a renewable energy technology company, develops an A.I. The company was incorporated in 2013 and is headquartered in Pasadena, California. Heliogen operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 150 people.
Heliogen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heliogen. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Heliogen position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Heliogen's important profitability drivers and their relationship over time.
Use Heliogen in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Heliogen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Heliogen will appreciate offsetting losses from the drop in the long position's value.Heliogen Pair Trading
Heliogen Pair Trading Analysis
The ability to find closely correlated positions to Heliogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heliogen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Heliogen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Heliogen to buy it.
The correlation of Heliogen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Heliogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heliogen moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Heliogen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Heliogen position
In addition to having Heliogen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Management Thematic Idea Now
Management
Companies providing management services to businesses. The Management theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Management Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in price. Note that the Heliogen information on this page should be used as a complementary analysis to other Heliogen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Heliogen OTC Stock
If you are still planning to invest in Heliogen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Heliogen's history and understand the potential risks before investing.
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