High Tide Stock Performance
| HITI Stock | USD 2.28 0.01 0.44% |
The company retains a Market Volatility (i.e., Beta) of 0.94, which attests to possible diversification benefits within a given portfolio. High Tide returns are very sensitive to returns on the market. As the market goes up or down, High Tide is expected to follow. At this point, High Tide has a negative expected return of -0.0627%. Please make sure to check out High Tide's maximum drawdown, as well as the relationship between the accumulation distribution and price action indicator , to decide if High Tide 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 Tide has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong basic indicators, High Tide is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 30.1 M | |
| Free Cash Flow | 25.8 M |
High Tide Relative Risk vs. Return Landscape
If you would invest 247.00 in High Tide on March 5, 2025 and sell it today you would lose (19.00) from holding High Tide or give up 7.69% of portfolio value over 90 days. High Tide is currently does not generate positive expected returns and assumes 3.5953% risk (volatility on return distribution) over the 90 days horizon. In different words, 32% of stocks are less volatile than High, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
High Tide Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Tide's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as High Tide, and traders can use it to determine the average amount a High Tide'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 = -0.0174
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HITI |
Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average High Tide 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 Tide by adding High Tide to a well-diversified portfolio.
High Tide Fundamentals Growth
High Stock prices reflect investors' perceptions of the future prospects and financial health of High Tide, and High Tide 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 Stock performance.
| Return On Equity | -0.0456 | ||||
| Return On Asset | 0.0349 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 208.21 M | ||||
| Shares Outstanding | 80.94 M | ||||
| Price To Book | 1.78 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 522.31 M | ||||
| EBITDA | 33.78 M | ||||
| Cash And Equivalents | 18.74 M | ||||
| Cash Per Share | 0.27 X | ||||
| Total Debt | 74.61 M | ||||
| Debt To Equity | 0.31 % | ||||
| Book Value Per Share | 1.76 X | ||||
| Cash Flow From Operations | 35.55 M | ||||
| Earnings Per Share | (0.06) X | ||||
| Total Asset | 246.21 M | ||||
| Retained Earnings | (205.93 M) | ||||
About High Tide Performance
By evaluating High Tide's fundamental ratios, stakeholders can gain valuable insights into High Tide's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if High Tide 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 Tide has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada. High Tide operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 996 people.Things to note about High Tide performance evaluation
Checking the ongoing alerts about High Tide for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for High Tide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Tide generated a negative expected return over the last 90 days | |
| High Tide has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 522.31 M. Net Loss for the year was (3.81 M) with profit before overhead, payroll, taxes, and interest of 141.95 M. | |
| About 14.0% of the company shares are held by company insiders |
- Analyzing High Tide'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 Tide's stock is overvalued or undervalued compared to its peers.
- Examining High Tide'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 Tide's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Tide's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of High Tide's stock. These opinions can provide insight into High Tide's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for High Stock analysis
When running High Tide's price analysis, check to measure High Tide'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 Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide'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 Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.
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