High Arctic Financials
| HGHAF Stock | USD 0.80 0.01 1.27% |
High |
Understanding current and past High Arctic Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of High Arctic's financial statements are interrelated, with each one affecting the others. For example, an increase in High Arctic's assets may result in an increase in income on the income statement.
High Arctic Stock Summary
High Arctic competes with Seadrill, Noble Plc, Borr Drilling, SCOR PK, and HUMANA. High Arctic Energy Services Inc., an oilfield services company, provides oilfield services to exploration and production companies in Canada and Papua New Guinea. High Arctic Energy Services Inc. was founded in 1993 and is headquartered in Calgary, Canada. High Arctic operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 479 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 330 5th Avenue |
| Sector | Energy Equipment & Services |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.haes.ca |
| Phone | 403 508 7836 |
| Currency | USD - US Dollar |
High Arctic Key Financial Ratios
There are many critical financial ratios that High Arctic's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that High Arctic Energy reports annually and quarterly.| Return On Equity | -0.22 | |||
| Return On Asset | -0.0537 | |||
| Number Of Employees | 479 | |||
| Beta | 2.21 | |||
| Z Score | 4.2 |
High Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Arctic's current stock value. Our valuation model uses many indicators to compare High Arctic value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Arctic competition to find correlations between indicators driving High Arctic's intrinsic value. More Info.High Arctic Energy is rated below average in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the High Arctic's earnings, one of the primary drivers of an investment's value.High Arctic Energy Systematic Risk
High Arctic's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Arctic volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on High Arctic Energy correlated with the market. If Beta is less than 0 High Arctic generally moves in the opposite direction as compared to the market. If High Arctic Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Arctic Energy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Arctic is generally in the same direction as the market. If Beta > 1 High Arctic moves generally in the same direction as, but more than the movement of the benchmark.
High Arctic December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of High Arctic help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Arctic Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Arctic Energy based on widely used predictive technical indicators. In general, we focus on analyzing High Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Arctic's daily price indicators and compare them against related drivers.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.76 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 3.53 |
Complementary Tools for High Pink Sheet analysis
When running High Arctic's price analysis, check to measure High Arctic'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 High Arctic is operating at the current time. Most of High Arctic's value examination focuses on studying past and present price action to predict the probability of High Arctic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move High Arctic's price. Additionally, you may evaluate how the addition of High Arctic to your portfolios can decrease your overall portfolio volatility.
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