High Wire Networks Stock Beta
| HWNI Stock | USD 0.05 0.0004 0.73% |
High Wire Networks fundamentals help investors to digest information that contributes to High Wire's financial success or failures. It also enables traders to predict the movement of High OTC Stock. The fundamental analysis module provides a way to measure High Wire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to High Wire otc stock.
High |
High Wire Networks OTC Stock Beta Analysis
High Wire's 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.
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.
| Competition |
In accordance with the recently published financial statements, High Wire Networks has a Beta of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Information Technology Services industry. The beta for all United States stocks is 100.0% lower than that of the firm.
High Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses High Wire's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of High Wire could also be used in its relative valuation, which is a method of valuing High Wire by comparing valuation metrics of similar companies.High Wire is currently under evaluation in beta category among related companies.
High Fundamentals
| Return On Equity | 0.45 | |||
| Return On Asset | -0.0698 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 25.59 M | |||
| Shares Outstanding | 65.5 M | |||
| Shares Owned By Insiders | 52.38 % | |||
| Price To Earning | 0.26 X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 27.21 M | |||
| Gross Profit | 1.29 M | |||
| EBITDA | (11.84 M) | |||
| Net Income | (13.34 M) | |||
| Cash And Equivalents | 1.97 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 2.61 M | |||
| Debt To Equity | 0.59 % | |||
| Current Ratio | 0.58 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (4.21 M) | |||
| Earnings Per Share | 0.08 X | |||
| Market Capitalization | 5.92 M | |||
| Total Asset | 45.96 M | |||
| Z Score | 1.2 | |||
| Net Asset | 45.96 M |
About High Wire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze High Wire Networks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of High Wire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of High Wire Networks based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for High OTC Stock analysis
When running High Wire's price analysis, check to measure High Wire'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 Wire is operating at the current time. Most of High Wire's value examination focuses on studying past and present price action to predict the probability of High Wire'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 Wire's price. Additionally, you may evaluate how the addition of High Wire to your portfolios can decrease your overall portfolio volatility.
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