Heska Performance
| HSKADelisted Stock | USD 119.99 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heska's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heska is expected to be smaller as well. Heska right now retains a risk of 0.0%. Please check out Heska downside variance, and the relationship between the maximum drawdown and skewness , to decide if Heska will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Heska has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong forward-looking signals, Heska is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 223.6 M |
Heska |
Heska Relative Risk vs. Return Landscape
If you would invest 11,999 in Heska on January 20, 2024 and sell it today you would earn a total of 0.00 from holding Heska or generate 0.0% return on investment over 90 days. Heska is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Heska, 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 |
Heska Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heska's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heska, and traders can use it to determine the average amount a Heska'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 = 0.0
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Based on monthly moving average Heska 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 Heska by adding Heska to a well-diversified portfolio.
Heska Fundamentals Growth
Heska Stock prices reflect investors' perceptions of the future prospects and financial health of Heska, and Heska 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 Heska Stock performance.
| Return On Equity | -0.0473 | |||
| Return On Asset | -0.0251 | |||
| Profit Margin | (0.08) % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 652.94 M | |||
| Shares Outstanding | 10.91 M | |||
| Price To Earning | 498.39 X | |||
| Price To Book | 1.74 X | |||
| Price To Sales | 2.60 X | |||
| Revenue | 257.31 M | |||
| EBITDA | (20.3 M) | |||
| Cash And Equivalents | 171.93 M | |||
| Cash Per Share | 15.89 X | |||
| Total Debt | 95.6 M | |||
| Debt To Equity | 0.26 % | |||
| Book Value Per Share | 38.26 X | |||
| Cash Flow From Operations | (21.81 M) | |||
| Earnings Per Share | (1.92) X | |||
| Total Asset | 585.82 M | |||
| Retained Earnings | (168.53 M) | |||
| Current Asset | 41.26 M | |||
| Current Liabilities | 18.8 M | |||
About Heska Performance
To evaluate Heska Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Heska generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Heska Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Heska market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Heska's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Heska Corporation sells veterinary and animal health diagnostic and specialty products for canine and feline healthcare markets in the United States, Canada, Mexico, Australia, France, Germany, Italy, Malaysia, Spain, and Switzerland. The company was founded in 1988 and is based in Loveland, Colorado. Heska Corp operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 655 people.Things to note about Heska performance evaluation
Checking the ongoing alerts about Heska for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heska help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Heska is not yet fully synchronised with the market data | |
| Heska has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 257.31 M. Net Loss for the year was (19.89 M) with profit before overhead, payroll, taxes, and interest of 111.17 M. | |
| Heska currently holds about 171.93 M in cash with (21.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 15.89. | |
| Over 88.0% of the company shares are owned by institutional investors |
- Analyzing Heska'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 Heska's stock is overvalued or undervalued compared to its peers.
- Examining Heska'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 Heska's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heska's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heska's stock. These opinions can provide insight into Heska's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Heska Stock
If you are still planning to invest in Heska 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 Heska's history and understand the potential risks before investing.
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