Happy Creek Minerals Stock Today
| HPY Stock | CAD 0.04 0.00 0.00% |
Performance7 of 100
| Odds Of DistressOver 59
|
Happy Creek is selling for under 0.04 as of the 18th of April 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.04. Happy Creek has over 59 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Happy Creek Minerals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of May 2023 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Happy Creek Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. Happy Creek Minerals Ltd. was incorporated in 2004 and is headquartered in Vancouver, Canada. HAPPY CREEK operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 137.68 M outstanding shares of which 3.6 K shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Happy Creek Minerals
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Moving against Happy Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Happy 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. Happy Creek's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Happy Creek or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | David Blann |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Happy Creek Minerals (HPY) is traded on TSX Venture Exchange in Canada and employs 12 people. Happy Creek is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 4.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Happy Creek's market, we take the total number of its shares issued and multiply it by Happy Creek'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. Happy Creek Minerals classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 137.68 M outstanding shares of which 3.6 K shares are currently shorted by private and institutional investors with about 0.02 days to cover all short positions.
Happy Creek Minerals has accumulated about 797.96 K in cash with (188.46 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationHappy Creek Minerals has a total of 137.68 Million outstanding shares. Happy Creek secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Happy Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Happy Creek jumping above the current price in 90 days from now is about 13.65%. The Happy Creek Minerals probability density function shows the probability of Happy Creek stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Happy Creek Minerals has a beta of -1.5594. This usually indicates as returns on its benchmark rise, returns on holding Happy Creek Minerals are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Happy Creek is expected to outperform its benchmark. Additionally, happy Creek Minerals has an alpha of 0.8185, implying that it can generate a 0.82 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Happy Creek to move above the current price in 90 days from now is about 13.65 (This Happy Creek Minerals probability density function shows the probability of Happy Stock to fall within a particular range of prices over 90 days) .
Happy Creek Minerals Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Happy Creek market risk premium is the additional return an investor will receive from holding Happy Creek 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 Happy Creek. 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 Happy Creek's alpha and beta are two of the key measurements used to evaluate Happy Creek's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.96 | |||
| Standard Deviation | 8.36 | |||
| Variance | 69.93 | |||
| Risk Adjusted Performance | 0.0664 |
Happy Stock Against Markets
Picking the right benchmark for Happy Creek 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 Happy Creek 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 Happy Creek is critical whether you are bullish or bearish towards Happy Creek Minerals at a given time. Please also check how Happy Creek's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Happy Creek 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.Did you try this?
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| All Next | Launch Module |
Happy Creek Corporate Executives
Elected by the shareholders, the Happy Creek's board of directors comprises two types of representatives: Happy Creek inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Happy. The board's role is to monitor Happy Creek's management team and ensure that shareholders' interests are well served. Happy Creek's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Happy Creek's outside directors are responsible for providing unbiased perspectives on the board's policies.
How to buy Happy Stock?
Before investing in Happy Creek, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Happy Creek. To buy Happy Creek stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Happy Creek. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Happy Creek stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Happy Creek Minerals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Happy Creek Minerals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Happy Creek Minerals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Happy Creek Minerals?
The danger of trading Happy Creek Minerals 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 Happy Creek 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 Happy Creek. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Happy Creek Minerals 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Happy Creek Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Happy Stock analysis
When running Happy Creek's price analysis, check to measure Happy Creek'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 Happy Creek is operating at the current time. Most of Happy Creek's value examination focuses on studying past and present price action to predict the probability of Happy Creek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Happy Creek's price. Additionally, you may evaluate how the addition of Happy Creek to your portfolios can decrease your overall portfolio volatility.
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