High Tide Stock Buy Hold or Sell Recommendation
| HITI Stock | CAD 4.33 0.09 2.12% |
Assuming the 90 days trading horizon and your way above-average risk tolerance, our recommendation regarding High Tide is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell High Tide given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for High Tide, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out High Tide Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy High Stock please use our How to Invest in High Tide guide. Note, we conduct extensive research on individual companies such as High and provide practical buy, sell, or hold advice based on investors' constraints. High Tide. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Execute High Tide Buy or Sell Advice
The High recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on High Tide. Macroaxis does not own or have any residual interests in High Tide or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute High Tide's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Solid | Details | |
Volatility | Unstable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
High Tide Trading Alerts and Improvement Suggestions
| High Tide appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 487.67 M. Net Loss for the year was (39.31 M) with profit before overhead, payroll, taxes, and interest of 100.95 M. | |
| Latest headline from news.google.com: Atb Cap Markets Estimates High Tide FY2025 Earnings - MarketBeat |
High Tide Returns Distribution Density
The distribution of High Tide's historical returns is an attempt to chart the uncertainty of High Tide's future price movements. The chart of the probability distribution of High Tide daily returns describes the distribution of returns around its average expected value. We use High Tide price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of High Tide returns is essential to provide solid investment advice for High Tide.
| Mean Return | 0.68 | Value At Risk | -4.43 | Potential Upside | 7.53 | Standard Deviation | 3.75 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of High Tide historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
High Tide Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Borrowings | 24.9M | 3.7M | (10.1M) | (1.9M) | (1.7M) | (1.6M) | |
| Capital Expenditures | 2.3M | 10.6M | 7.8M | 6.1M | 7.0M | 5.3M | |
| End Period Cash Flow | 7.5M | 14.0M | 25.1M | 30.1M | 34.6M | 36.4M | |
| Change To Netincome | 8.2M | 2.2M | 15.7M | 48.3M | 55.6M | 58.3M | |
| Change To Inventory | 2.0M | (5.5M) | (2.9M) | (2.9M) | (2.6M) | (2.5M) | |
| Change In Cash | 6.7M | 6.5M | 11.1M | 5.0M | 5.8M | 4.6M | |
| Free Cash Flow | 6.1M | (13.5M) | (4.6M) | 14.6M | 16.8M | 17.6M | |
| Depreciation | 7.3M | 24.5M | 30.1M | 32.8M | 37.7M | 39.6M | |
| Net Income | (6.4M) | (35.0M) | (71.8M) | (39.3M) | (35.4M) | (37.1M) | |
| Other Non Cash Items | 5.9M | 6.3M | 5.3M | 4.2M | 4.8M | 4.2M |
High Tide Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to High Tide or Consumer Staples Distribution & Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that High Tide's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a High stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.67 | |
β | Beta against Dow Jones | -0.07 | |
σ | Overall volatility | 3.77 | |
Ir | Information ratio | 0.17 |
High Tide Volatility Alert
High Tide currently demonstrates below-average downside deviation. It has Information Ratio of 0.17 and Jensen Alpha of 0.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure High Tide's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact High Tide'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 financial instruments as prices fall.High Tide Fundamentals Vs Peers
Comparing High Tide's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze High Tide's direct or indirect competition across all of the common fundamentals between High Tide and the related equities. This way, we can detect undervalued stocks with similar characteristics as High Tide or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of High Tide's fundamental indicators could also be used in its relative valuation, which is a method of valuing High Tide by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare High Tide to competition |
| Fundamentals | High Tide | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | 0.0315 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 379.79 M | 16.62 B |
| Shares Outstanding | 80.68 M | 571.82 M |
| Shares Owned By Insiders | 8.80 % | 10.09 % |
| Shares Owned By Institutions | 10.10 % | 39.21 % |
| Number Of Shares Shorted | 334.7 K | 4.71 M |
| Price To Book | 2.41 X | 9.51 X |
| Price To Sales | 0.68 X | 11.42 X |
| Revenue | 487.67 M | 9.43 B |
| Gross Profit | 100.95 M | 27.38 B |
| EBITDA | 28.44 M | 3.9 B |
| Net Income | (39.31 M) | 570.98 M |
| Cash And Equivalents | 27.89 M | 2.7 B |
| Cash Per Share | 0.53 X | 5.01 X |
| Total Debt | 24.98 M | 5.32 B |
| Debt To Equity | 0.36 % | 48.70 % |
| Current Ratio | 1.62 X | 2.16 X |
| Book Value Per Share | 1.80 X | 1.93 K |
| Cash Flow From Operations | 20.66 M | 971.22 M |
| Short Ratio | 1.93 X | 4.00 X |
| Earnings Per Share | (0.41) X | 3.12 X |
| Target Price | 6.39 | |
| Number Of Employees | 1.55 K | 18.84 K |
| Beta | 1.0 | -0.15 |
| Market Capitalization | 349.33 M | 19.03 B |
| Total Asset | 233.4 M | 29.47 B |
| Retained Earnings | (205.93 M) | 9.33 B |
| Working Capital | 10.51 M | 1.48 B |
| Net Asset | 233.4 M |
High Tide Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as High . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About High Tide Buy or Sell Advice
When is the right time to buy or sell High Tide? Buying financial instruments such as High Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having High Tide in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Wholesale Thematic Idea Now
Wholesale
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Wholesale theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Wholesale Theme or any other thematic opportunities.
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Additional Tools for High Stock Analysis
When running High Tide's price analysis, check to measure High Tide'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 Tide is operating at the current time. Most of High Tide's value examination focuses on studying past and present price action to predict the probability of High Tide'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 Tide's price. Additionally, you may evaluate how the addition of High Tide to your portfolios can decrease your overall portfolio volatility.