Headwater Exploration Stock Buy Hold or Sell Recommendation
| HWX Stock | CAD 6.88 0.01 0.15% |
Assuming the 90 days trading horizon and your complete indifference towards market risk, our recommendation regarding Headwater Exploration is 'Strong Hold'. The recommendation algorithm takes into account all of Headwater Exploration's available fundamental, technical, and predictive indicators you will find on this site.
Check out Headwater Exploration 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. In addition, we conduct extensive research on individual companies such as Headwater and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Headwater Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Headwater |
Execute Headwater Exploration Buy or Sell Advice
The Headwater recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Headwater Exploration. Macroaxis does not own or have any residual interests in Headwater Exploration or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Headwater Exploration's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Insignificant | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Headwater Exploration Trading Alerts and Improvement Suggestions
| Headwater Exploration is unlikely to experience financial distress in the next 2 years | |
| Latest headline from news.google.com: Analyst This Canadian Energy Stock Has 40 percent Upside Potential - NAI 500 |
Headwater Exploration Returns Distribution Density
The distribution of Headwater Exploration's historical returns is an attempt to chart the uncertainty of Headwater Exploration's future price movements. The chart of the probability distribution of Headwater Exploration daily returns describes the distribution of returns around its average expected value. We use Headwater Exploration price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Headwater Exploration returns is essential to provide solid investment advice for Headwater Exploration.
| Mean Return | 0.05 | Value At Risk | -2.98 | Potential Upside | 2.62 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Headwater Exploration 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.
Headwater Exploration Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 7.3M | 15.8M | 37.9M | 60.7M | (29.4M) | (27.9M) | |
| Free Cash Flow | 8.2M | (34.8M) | (28.7M) | 35.0M | 63.2M | 66.4M | |
| Capital Expenditures | 685K | 35.1M | 140.4M | 248.9M | 240.1M | 252.1M | |
| End Period Cash Flow | 61.0M | 76.8M | 114.7M | 175.4M | 146.1M | 153.4M | |
| Net Income | 2.8M | 6.7M | 45.8M | 162.1M | 156.1M | 163.9M | |
| Depreciation | 4.1M | (7.7M) | 44.4M | 79.4M | 121.4M | 127.4M | |
| Other Non Cash Items | 195K | 8.3M | 19.9M | (1.0M) | 1.7M | 1.6M | |
| Investments | (877K) | (34.4M) | (109.1M) | (232.1M) | (243.7M) | (231.5M) | |
| Change To Netincome | 581K | (86K) | 43.7M | 52.6M | 60.5M | 63.5M |
Headwater Exploration 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 Headwater Exploration or Oil, Gas & Consumable Fuels 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 Headwater Exploration'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 Headwater 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 | 0.06 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.05 |
Headwater Exploration Volatility Alert
Headwater Exploration currently demonstrates below-average downside deviation. It has Information Ratio of -0.05 and Jensen Alpha of 0.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Headwater Exploration'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 Headwater Exploration'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.Headwater Exploration Fundamentals Vs Peers
Comparing Headwater Exploration'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 Headwater Exploration's direct or indirect competition across all of the common fundamentals between Headwater Exploration and the related equities. This way, we can detect undervalued stocks with similar characteristics as Headwater Exploration or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Headwater Exploration's fundamental indicators could also be used in its relative valuation, which is a method of valuing Headwater Exploration by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Headwater Exploration to competition |
| Fundamentals | Headwater Exploration | Peer Average |
| Return On Equity | 0.29 | -0.31 |
| Return On Asset | 0.17 | -0.14 |
| Profit Margin | 0.38 % | (1.27) % |
| Operating Margin | 0.48 % | (5.51) % |
| Current Valuation | 1.51 B | 16.62 B |
| Shares Outstanding | 237.65 M | 571.82 M |
| Shares Owned By Insiders | 5.08 % | 10.09 % |
| Shares Owned By Institutions | 32.45 % | 39.21 % |
| Number Of Shares Shorted | 3.47 M | 4.71 M |
| Price To Earning | 132.29 X | 28.72 X |
| Price To Book | 2.48 X | 9.51 X |
| Price To Sales | 3.33 X | 11.42 X |
| Revenue | 425.55 M | 9.43 B |
| Gross Profit | 297 M | 27.38 B |
| EBITDA | 299.8 M | 3.9 B |
| Net Income | 156.07 M | 570.98 M |
| Cash And Equivalents | 114.7 M | 2.7 B |
| Cash Per Share | 0.63 X | 5.01 X |
| Total Debt | 12.25 M | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 2.55 X | 2.16 X |
| Book Value Per Share | 2.88 X | 1.93 K |
| Cash Flow From Operations | 303.32 M | 971.22 M |
| Short Ratio | 5.06 X | 4.00 X |
| Earnings Per Share | 0.78 X | 3.12 X |
| Price To Earnings To Growth | 0.95 X | 4.89 X |
| Target Price | 9.39 | |
| Number Of Employees | 35 | 18.84 K |
| Beta | 1.56 | -0.15 |
| Market Capitalization | 1.64 B | 19.03 B |
| Total Asset | 836.34 M | 29.47 B |
| Retained Earnings | 108.52 M | 9.33 B |
| Working Capital | 78.61 M | 1.48 B |
Headwater Exploration Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Headwater . 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.
| Accumulation Distribution | 0.0101 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 6.89 | |||
| Day Typical Price | 6.88 | |||
| Market Facilitation Index | 0.07 | |||
| Period Momentum Indicator | 0.01 |
About Headwater Exploration Buy or Sell Advice
When is the right time to buy or sell Headwater Exploration? Buying financial instruments such as Headwater 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.
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Other Information on Investing in Headwater Stock
Headwater Exploration financial ratios help investors to determine whether Headwater Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Headwater with respect to the benefits of owning Headwater Exploration security.