High Tide Stock Price on May 9, 2022
| HITI Stock | USD 2.02 0.12 5.61% |
Below is the normalized historical share price chart for High Tide extending back to February 04, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of High Tide stands at 2.02, as last reported on the 25th of April, with the highest price reaching 2.22 and the lowest price hitting 2.02 during the day.
If you're considering investing in High Stock, it is important to understand the factors that can impact its price. We consider High Tide very risky. High Tide holds Efficiency (Sharpe) Ratio of 0.0394, which attests that the entity had a 0.0394% return per unit of risk over the last 3 months. We have found thirty technical indicators for High Tide, which you can use to evaluate the volatility of the firm. Please check out High Tide's Risk Adjusted Performance of 0.0539, downside deviation of 3.22, and Market Risk Adjusted Performance of 3.27 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
As of now, High Tide's Common Stock is increasing as compared to previous years. The High Tide's current Capital Stock is estimated to increase to about 347.8 M, while Liabilities And Stockholders Equity is projected to decrease to under 141.7 M. . As of now, High Tide's Price Cash Flow Ratio is decreasing as compared to previous years. High Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of January 2019 | 200 Day MA 1.6442 | 50 Day MA 1.9607 | Beta 1.123 |
High |
Sharpe Ratio = 0.0394
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Estimated Market Risk
| 4.34 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.17 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 High Tide 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 High Tide by adding it to a well-diversified portfolio.
Price Book 1.8564 | Enterprise Value Ebitda (50.47) | Price Sales 0.3639 | Shares Float 71.3 M | Wall Street Target Price 4.53 |
High Tide Valuation on May 9, 2022
It is possible to determine the worth of High Tide on a given historical date. On May 9, 2022 High was worth 2.95 at the beginning of the trading date compared to the closed value of 2.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of High Tide stock. Still, in general, we apply an absolute valuation method to find High Tide's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of High Tide where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against High Tide's related companies.
| Open | High | Low | Close | Volume | |
| 3.21 | 3.25 | 2.91 | 2.97 | 203,068 | |
05/09/2022 | 2.95 | 3.00 | 2.60 | 2.67 | 155,093 |
| 2.70 | 2.88 | 2.41 | 2.44 | 198,918 |
| Backtest High Tide | | | High Tide History | | | High Tide Valuation | Previous | Next |
High Tide Trading Date Momentum on May 9, 2022
| On May 10 2022 High Tide was traded for 2.44 at the closing time. The top price for the day was 2.88 and the lowest listed price was 2.41 . The trading volume for the day was 198.9 K. The trading history from May 10, 2022 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 8.61% . The trading delta at closing time against the current closing price is 11.99% . |
High Tide Fundamentals Correlations and Trends
By evaluating High Tide's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among High Tide's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. High financial account trend analysis is a perfect complement when working with valuation or volatility modules.About High Tide Stock history
High Tide investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for High is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in High Tide will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing High Tide stock prices may prove useful in developing a viable investing in High Tide
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 85.5 M | 89.8 M | |
| Net Loss | -64.6 M | -61.4 M |
High Tide Stock Technical Analysis
High Tide technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
High Tide Period Price Range
Low | May 9, 2022
| High |
2.95 | 2.67 |
High Tide April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how High Tide stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading High Tide shares will generate the highest return on investment. By undertsting and applying High Tide stock market strength indicators, traders can identify High Tide entry and exit signals to maximize returns
High Tide Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for High Tide's price direction in advance. Along with the technical and fundamental analysis of High Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of High to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0539 | |||
| Jensen Alpha | 0.2853 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | 3.26 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in High Tide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in High Stock please use our How to Invest in High Tide guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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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Is High Tide's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of High Tide. If investors know High will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about High Tide listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.39) | Revenue Per Share 6.569 | Quarterly Revenue Growth 0.085 | Return On Assets 0.0106 | Return On Equity (0.24) |
The market value of High Tide is measured differently than its book value, which is the value of High that is recorded on the company's balance sheet. Investors also form their own opinion of High Tide's value that differs from its market value or its book value, called intrinsic value, which is High Tide's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because High Tide's market value can be influenced by many factors that don't directly affect High Tide's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between High Tide's value and its price as these two are different measures arrived at by different means. Investors typically determine if High Tide is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, High Tide's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.