Hirequest Stock Price on August 16, 2022
| HQI Stock | USD 12.20 0.15 1.21% |
Below is the normalized historical share price chart for Hirequest extending back to June 06, 2002. 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 Hirequest stands at 12.20, as last reported on the 23rd of April, with the highest price reaching 12.70 and the lowest price hitting 12.20 during the day.
If you're considering investing in Hirequest Stock, it is important to understand the factors that can impact its price. Hirequest holds Efficiency (Sharpe) Ratio of -0.0912, which attests that the entity had a -0.0912% return per unit of risk over the last 3 months. Hirequest exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hirequest's Market Risk Adjusted Performance of (0.11), standard deviation of 2.39, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
As of now, Hirequest's Other Stockholder Equity is decreasing as compared to previous years. The Hirequest's current Common Stock is estimated to increase to about 30.9 K, while Capital Stock is projected to decrease to under 13.5 K. . As of now, Hirequest's Price Fair Value is increasing as compared to previous years. Hirequest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of June 2002 | 200 Day MA 16.1595 | 50 Day MA 12.8004 | Beta 1.054 |
Hirequest |
Sharpe Ratio = -0.0912
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HQI |
Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hirequest 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 Hirequest by adding Hirequest to a well-diversified portfolio.
Price Book 2.8834 | Enterprise Value Ebitda 16.2474 | Price Sales 4.7748 | Shares Float 5.6 M | Dividend Share 0.24 |
Hirequest Valuation on August 16, 2022
It is possible to determine the worth of Hirequest on a given historical date. On August 16, 2022 Hirequest was worth 14.9 at the beginning of the trading date compared to the closed value of 14.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hirequest stock. Still, in general, we apply an absolute valuation method to find Hirequest'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 Hirequest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hirequest's related companies.
| Open | High | Low | Close | Volume | |
| 15.39 | 15.44 | 14.50 | 14.50 | 5,400 | |
08/16/2022 | 14.90 | 15.17 | 14.31 | 14.31 | 6,200 |
| 14.61 | 15.09 | 14.45 | 14.45 | 4,200 |
| Backtest Hirequest | | | Hirequest History | | | Hirequest Valuation | Previous | Next |
Hirequest Trading Date Momentum on August 16, 2022
| On August 17 2022 Hirequest was traded for 14.45 at the closing time. Highest Hirequest's price during the trading hours was 15.09 and the lowest price during the day was 14.45 . The net volume was 4.2 K. The overall trading history on the 17th of August 2022 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.98% . The trading delta at closing time to current price is 1.33% . |
Hirequest Fundamentals Correlations and Trends
By evaluating Hirequest'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 Hirequest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hirequest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hirequest Stock history
Hirequest 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 Hirequest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hirequest 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 Hirequest stock prices may prove useful in developing a viable investing in Hirequest
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 13.8 M | 14.5 M | |
| Net Income Applicable To Common Shares | 14.3 M | 15 M |
Hirequest Quarterly Net Working Capital |
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Hirequest Stock Technical Analysis
Hirequest 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
Hirequest Period Price Range
Low | August 16, 2022
| High |
14.90 | 14.31 |
Hirequest April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Hirequest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hirequest shares will generate the highest return on investment. By undertsting and applying Hirequest stock market strength indicators, traders can identify Hirequest entry and exit signals to maximize returns
| Accumulation Distribution | 351.48 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 14.74 | |||
| Day Typical Price | 14.6 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.72) | |||
| Period Momentum Indicator | (2.11) |
Hirequest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hirequest's price direction in advance. Along with the technical and fundamental analysis of Hirequest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hirequest 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 | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.12) |
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| Math Transform | ||
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hirequest. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. For more detail on how to invest in Hirequest Stock please use our How to Invest in Hirequest guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Hirequest Stock analysis
When running Hirequest's price analysis, check to measure Hirequest'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 Hirequest is operating at the current time. Most of Hirequest's value examination focuses on studying past and present price action to predict the probability of Hirequest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hirequest's price. Additionally, you may evaluate how the addition of Hirequest to your portfolios can decrease your overall portfolio volatility.
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Is Hirequest'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 Hirequest. If investors know Hirequest 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 Hirequest listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 0.24 | Earnings Share 0.47 | Revenue Per Share 2.758 | Quarterly Revenue Growth 0.212 |
The market value of Hirequest is measured differently than its book value, which is the value of Hirequest that is recorded on the company's balance sheet. Investors also form their own opinion of Hirequest's value that differs from its market value or its book value, called intrinsic value, which is Hirequest'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 Hirequest's market value can be influenced by many factors that don't directly affect Hirequest'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 Hirequest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hirequest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hirequest'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.