Harvest Story

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HCAP -- USA Stock  

USD 7.78  0.03  0.39%

With so much uncertainty about the financial services space, it is fair to recap Harvest Capital Credit against current market trends. Although we do see a roll up in the economy, for short-term oriented investors. it may not be the right time to get in. The returns on the market and returns on Harvest Capital appear somewhat reactive to each other for the last few months. The symptom of healthy technical and fundamental indicators of the firm suggests a short-term price swing for insiders of Harvest. The next fiscal quarter end is expected on the 31st of December 2020. The stock is currently experiences an active upward rally.
Published over three weeks ago
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Should you trade Harvest Capital (NASDAQ:HCAP) based on recent technical indicators?
Harvest Capital Credit's average rating is Hold from 1 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Harvest Capital market sentiment investors' perception of the future value of Harvest. Let us look at a few aspects of Harvest technical analysis. The company has Profit Margin (PM) of (41.85) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 56.83 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.57.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Harvest Capital Credit. In general, we focus on analyzing Harvest Capital stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Harvest Capital's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Harvest Capital's intrinsic value. In addition to deriving basic predictive indicators for Harvest Capital, we also check how macroeconomic factors affect Harvest Capital price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Harvest Capital's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Harvest Capital in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Harvest Capital. Your research has to be compared to or analyzed against Harvest Capital's peers to derive any actionable benefits. When done correctly, Harvest Capital's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Harvest Capital Credit.

How does Harvest Stands against Peers?

Analyzing Harvest Capital competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Harvest Capital across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Harvest Capital Competition Details

How Harvest utilizes its cash?

To perform a cash flow analysis of Harvest Capital, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Harvest Capital is receiving and how much cash it distributes out in a given period. The Harvest Capital cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Harvest Capital Net Cash Flow from Operations is very stable at the moment as compared to the past year. Harvest Capital reported last year Net Cash Flow from Operations of (26.67 Million)

Closer look at Harvest Capital Variance

Harvest Capital Credit has current Variance of 33.54. Variance is another measure of security risk that shows the amount of dispersion of equity returns around their mean value. Variance is calculated as the average squared deviations from the mean. Evaluating a set of investment alternatives one can use variance to help determine the volatility when purchasing a specific security. Similar to Standard Deviation, the variance is a measure of how far a set of numbers is spread out around its mean.

Variance is also a measure of stock volatility and can help determine the risk an investor might take on when purchasing a specific security. A relatively big variance indicates that the daily prices or returns are far from the mean and a small variance indicates that they are located around the mean.

Variance 
 = 
SUM(RET DEV)2 
 = 
33.54
SUM = Summation notation
RET DEV = Actual returns deviation over selected period
N = Number of points for the period
Let's now compare Harvest Capital Variance to its closest peers:
HCAP
DHIL
AB
BK
BX
HCAP33.541041225617526
DHIL6.71
AB3.36
BK5.48
BX2.48

Our perspective of the recent Harvest Capital roll up

Potential upside is down to 13.06. It may hint at a possible volatility decline. As of the 25th of December, Harvest Capital retains the Risk Adjusted Performance of 0.1926, market risk adjusted performance of 1.5, and Downside Deviation of 4.14. Harvest Capital technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Harvest Capital Credit, which can be compared to its competitors. Please check out Harvest Capital Credit variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Harvest Capital is priced fairly, providing market reflects its last-minute price of 7.06 per share. Given that Harvest Capital Credit has jensen alpha of 0.8644, we strongly advise you to confirm Harvest Capital Credit's regular market performance to make sure the company can sustain itself at a future point.

Our Conclusion on Harvest Capital

Although some firms under the asset management industry are still a bit expensive, Harvest Capital may offer a potential longer-term growth to insiders. To conclude, as of the 25th of December 2020, our analysis shows that Harvest Capital follows the market closely. The firm is overvalued and projects below average odds of financial turmoil for the next 2 years. Our overall 30 days recommendation on the firm is Hold.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Harvest Capital Credit. Please refer to our Terms of Use for any information regarding our disclosure principles.

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