Helius Story

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HSDT -- USA Stock  

USD 17.30  0.40  2.37%

Helius Medical is currently generating 17.2185% in daily expected returns and assumes 127.2668% risk (volatility on return distribution) over the 60 days horizon. While some risk-seeking private investors are getting worried about healthcare space, it is reasonable to review Helius Medical Technologies as a possible investment alternative. What exactly are Helius Medical shareholders getting in April? The newest Helius risk factors may impact the value of the stock as we estimate Helius Medical as currently undervalued. The real value is approaching 19.51 per share.
Published over three weeks ago
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Helius Medical (NASDAQ:HSDT) high volatility trend continues
This firm currently holds 154 K in liabilities with Debt to Equity (D/E) ratio of 0.05, which may suggest Helius Medical is not taking enough advantage from borrowing. The company has a current ratio of 1.58, which is within standard range for the sector.
Helius Medical holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e. Beta) of -88.8586, which attests to a somewhat significant risk relative to the market. Let's try to break down what Helius's beta means in this case. As returns on the market increase, returns on owning Helius Medical are expected to decrease by larger amounts. On the other hand, during market turmoil, Helius Medical is expected to outperform it. Although it is essential to pay attention to Helius Medical Techn current price history, it is also good to be reasonable about what you can do with equity current price movements. Our philosophy towards determining future potential of any stock is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if Helius Medical Techn expected return of 17.22 will be sustainable into the future, we have found twenty-seven different technical indicators, which can help you to check if the expected returns are sustainable. Use Helius Medical Technologies maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to analyze future returns on Helius Medical Technologies.
Volatility is a rate at which the price of Helius Medical or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Helius Medical may increase or decrease. In other words, similar to Helius's beta indicator, it measures the risk of Helius Medical and helps estimate the fluctuations that may happen in a short period of time. So if prices of Helius Medical fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Helius Medical's Liquidity

Helius Medical financial leverage refers to using borrowed capital as a funding source to finance Helius Medical Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Helius Medical financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Helius Medical's total debt and its cash.

How Helius utilizes its cash?

To perform a cash flow analysis of Helius Medical, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Helius Medical is receiving and how much cash it distributes out in a given period. The Helius Medical cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Helius Medical Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. Helius Medical reported Net Cash Flow from Operations of (11.74 Million) in 2020

Helius Medical Volatility Drivers

Helius Medical unsystematic risk is unique to Helius Medical Techn and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Helius Medical you can also buy Dynatronics Cp. You can also mitigate this risk by investing in the medical devices sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Helius Medical important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Helius Medical income statement and balance sheet. Here are more details about Helius volatility.
Click cells to compare fundamentals

Is Helius Medical valued wisely by the market?

Helius Medical Techn reported the previous year's revenue of 622 K. Net Loss for the year was (16.93 M) with profit before overhead, payroll, taxes, and interest of 650 K.

Can Helius Medical build up on the newest gain?

Newest sortino ratio is at 8.81. Helius Medical Technologies is displaying above-average volatility over the selected time horizon. Investors should scrutinize Helius Medical Technologies independently to ensure intended market timing strategies are aligned with expectations about Helius Medical volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Helius Medical's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Helius Medical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

Whereas few other entities under the medical devices industry are still a bit expensive, Helius Medical may offer a potential longer-term growth to private investors. While some private investors may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Helius Medical.

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 Raphi Shpitalnik do not own shares of Helius Medical Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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