Hemisphere Stock Today

HME Stock  CAD 1.31  0.02  1.50%   
Market Performance
0 of 100
Odds Of Distress
Less than 41
Hemisphere Energy is selling for under 1.31 as of the 7th of February 2023; that is -1.5 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.28. Hemisphere Energy has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Hemisphere Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of January 2023 and ending today, the 7th of February 2023. Click here to learn more.
Fiscal Year End
December
Category
Energy
ISIN
CA4236301020
Hemisphere Energy Corporation acquires, explores for, develops, and produces petroleum and natural gas interests in Canada. Hemisphere Energy Corporation was founded in 1978 and is headquartered in Vancouver, Canada. HEMISPHERE ENERGY operates under Oil Gas EP classification in Canada and is traded on TSX Venture Exchange. The company has 102.4 M outstanding shares of which 27.02 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions. More on Hemisphere Energy

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Follow Valuation Odds of Bankruptcy
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Hemisphere Energy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hemisphere Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hemisphere Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorDon Simmons
Thematic IdeaISP (view all)
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hemisphere Energy's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
Hemisphere Energy (HME) is traded on TSX Venture Exchange in Canada and employs 8 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 136.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hemisphere Energy's market, we take the total number of its shares issued and multiply it by Hemisphere Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hemisphere Energy classifies itself under Energy sector and is part of Oil & Gas E&P industry. The entity has 102.4 M outstanding shares of which 27.02 K shares are currently shorted by private and institutional investors with about 0.58 days to cover all short positions. Hemisphere Energy has accumulated about 1.9 M in cash with 18.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Hemisphere Energy Probability Of Bankruptcy
Ownership
Hemisphere Energy secures a total of 102.4 Million outstanding shares. Hemisphere Energy retains 16.83 (percent) if its outstanding shares held by insiders and 16.83 (percent) owned by outside corporations . Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Hemisphere Ownership Details

Hemisphere Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Hemisphere Energy jumping above the current price in 90 days from now is about 70.58%. The Hemisphere Energy probability density function shows the probability of Hemisphere Energy stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Hemisphere Energy has a beta of -0.1377. This usually indicates as returns on benchmark increase, returns on holding Hemisphere Energy are expected to decrease at a much lower rate. During the bear market, however, Hemisphere Energy is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hemisphere Energy is significantly underperforming NYSE Composite.
  Odds Below 1.31HorizonTargetOdds Above 1.31
29.22%90 days
 1.31 
70.58%
Based on a normal probability distribution, the odds of Hemisphere Energy to move above the current price in 90 days from now is about 70.58 (This Hemisphere Energy probability density function shows the probability of Hemisphere Stock to fall within a particular range of prices over 90 days) .

Hemisphere Energy Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hemisphere Energy market risk premium is the additional return an investor will receive from holding Hemisphere Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hemisphere Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hemisphere Energy's alpha and beta are two of the key measurements used to evaluate Hemisphere Energy's performance over the market, the standard measures of volatility play an important role as well.

Hemisphere Stock Against Markets

Picking the right benchmark for Hemisphere Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hemisphere Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hemisphere Energy is critical whether you are bullish or bearish towards Hemisphere Energy at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hemisphere Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hemisphere Energy Corporate Directors

Hemisphere Energy corporate directors refer to members of a Hemisphere Energy board of directors. The board of directors generally takes responsibility for the Hemisphere Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hemisphere Energy's board members must vote for the resolution. The Hemisphere Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Bruce McIntyre - Independent DirectorProfile
Frank Borowicz - Independent DirectorProfile
Richard Wyman - DirectorProfile
Gregg Vernon - Independent DirectorProfile

Invested in Hemisphere Energy?

The danger of trading Hemisphere Energy is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hemisphere Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hemisphere Energy. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hemisphere Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Risk vs Return Analysis. You can also try 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.

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When running Hemisphere Energy price analysis, check to measure Hemisphere Energy'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 Hemisphere Energy is operating at the current time. Most of Hemisphere Energy's value examination focuses on studying past and present price action to predict the probability of Hemisphere Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hemisphere Energy's price. Additionally, you may evaluate how the addition of Hemisphere Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hemisphere Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Hemisphere Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hemisphere Energy'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.