Hi Tech (Pakistan) Today

HTL Stock   24.06  0.85  3.66%   

Performance

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Odds Of Distress

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Hi Tech is selling at 24.06 as of the 22nd of February 2024; that is 3.66 percent increase since the beginning of the trading day. The stock's lowest day price was 23.45. Hi Tech has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Hi Tech Lubricants are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of January 2024 and ending today, the 22nd of February 2024. Click here to learn more.

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HTL 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. Hi Tech's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hi Tech or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationIT, ISP, Oil & Gas, Energy (View all Sectors)
Hi Tech Lubricants (HTL) is traded on Karachi Stock Exchange in Pakistan . The company operates under Energy sector and is part of Oil & Gas industry. Hi Tech Lubricants has 0 outstanding shares.
Check Hi Tech Probability Of Bankruptcy

HTL Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Hi Tech jumping above the current price in 90 days from now is about 89.16%. The Hi Tech Lubricants probability density function shows the probability of Hi Tech stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Hi Tech Lubricants has a beta of -0.3331. This usually indicates as returns on benchmark increase, returns on holding Hi Tech are expected to decrease at a much lower rate. During the bear market, however, Hi Tech Lubricants 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. Hi Tech Lubricants is significantly underperforming NYSE Composite.
  Odds Below 24.06HorizonTargetOdds Above 24.06
10.77%90 days
 24.06 
89.16%
Based on a normal probability distribution, the odds of Hi Tech to move above the current price in 90 days from now is about 89.16 (This Hi Tech Lubricants probability density function shows the probability of HTL Stock to fall within a particular range of prices over 90 days) .

Hi Tech Lubricants Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hi Tech market risk premium is the additional return an investor will receive from holding Hi Tech 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 Hi Tech. 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 Hi Tech's alpha and beta are two of the key measurements used to evaluate Hi Tech's performance over the market, the standard measures of volatility play an important role as well.

HTL Stock Against Markets

Picking the right benchmark for Hi Tech 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 Hi Tech 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 Hi Tech is critical whether you are bullish or bearish towards Hi Tech Lubricants at a given time. Please also check how Hi Tech'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 Hi Tech 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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Performance Analysis

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How to buy HTL Stock?

Before investing in Hi Tech, 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 Hi Tech. To buy Hi Tech stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hi Tech. 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 Hi Tech stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hi Tech Lubricants 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 Hi Tech Lubricants 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 Hi Tech Lubricants, 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 Hi Tech Lubricants?

The danger of trading Hi Tech Lubricants 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 Hi Tech 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 Hi Tech. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hi Tech Lubricants 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 Hi Tech Lubricants. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for HTL Stock analysis

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