Highway Holdings Limited Stock Price on July 26, 2024

HIHO Stock  USD 1.91  0.01  0.53%   
Below is the normalized historical share price chart for Highway Holdings Limited extending back to December 11, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Highway Holdings stands at 1.91, as last reported on the 25th of December, with the highest price reaching 1.92 and the lowest price hitting 1.90 during the day.
IPO Date
9th of December 1996
200 Day MA
2.0103
50 Day MA
1.9342
Beta
0.093
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Highway Stock, it is important to understand the factors that can impact its price. As of now, Highway Stock is dangerous. Highway Holdings holds Efficiency (Sharpe) Ratio of 0.0331, which attests that the entity had a 0.0331% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Highway Holdings, which you can use to evaluate the volatility of the firm. Please check out Highway Holdings' Downside Deviation of 3.75, risk adjusted performance of 0.0371, and Market Risk Adjusted Performance of (0.54) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At this time, Highway Holdings' Total Stockholder Equity is very stable compared to the past year. As of the 25th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 13.6 M, while Common Stock Shares Outstanding is likely to drop about 3.9 M. . At this time, Highway Holdings' Price To Sales Ratio is very stable compared to the past year. As of the 25th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 23.13, though Price Earnings Ratio is likely to grow to (9.05). Highway Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0331

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Estimated Market Risk

 4.45
  actual daily
39
61% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Highway Holdings is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Highway Holdings by adding it to a well-diversified portfolio.
Price Book
1.2402
Enterprise Value Ebitda
4.9808
Price Sales
1.1166
Shares Float
2.4 M
Dividend Share
0.07

Highway Holdings Main Headline on 26th of July 2024

Key Insights Using the Dividend Discount Model, Highway Holdings fair value estimate is US2.34 Current share price of...

Highway Holdings Valuation on July 26, 2024

It is possible to determine the worth of Highway Holdings on a given historical date. On July 26, 2024 Highway was worth 1.76 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Highway Holdings stock. Still, in general, we apply an absolute valuation method to find Highway Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Highway Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Highway Holdings' related companies.
 Open High Low Close Volume
  1.84    1.84    1.83    1.84    4,205  
07/26/2024
  1.76    1.84    1.76    1.80    16,538  
  1.78    1.82    1.77    1.77    4,084  
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Open Value
1.76
1.8
Closing Value
15.11
Upside

Highway Holdings Trading Date Momentum on July 26, 2024

On July 29 2024 Highway Holdings Limited was traded for  1.77  at the closing time. The top price for the day was 1.82  and the lowest listed price was  1.77 . The trading volume for the day was 4.1 K. The trading history from July 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.67% . The trading delta at closing time against the current closing price is 2.78% .

Highway Holdings Fundamentals Correlations and Trends

By evaluating Highway Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Highway Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Highway financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Highway Holdings Stock history

Highway Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Highway is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Highway Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Highway Holdings stock prices may prove useful in developing a viable investing in Highway Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.4 M3.9 M
Net Income Applicable To Common Shares398.7 K474.9 K

Highway Holdings Quarterly Net Working Capital

5.81 Million

Highway Holdings Stock Technical Analysis

Highway Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Highway Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Highway Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Highway Holdings Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Highway Holdings Limited cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Highway Holdings December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Highway Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highway Holdings shares will generate the highest return on investment. By undertsting and applying Highway Holdings stock market strength indicators, traders can identify Highway Holdings Limited entry and exit signals to maximize returns

Highway Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Highway Holdings' price direction in advance. Along with the technical and fundamental analysis of Highway Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Highway to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Highway Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highway Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Highway Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highway Holdings Limited Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Highway Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Highway Holdings. If investors know Highway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Highway Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.07
Earnings Share
(0.11)
Revenue Per Share
1.742
Quarterly Revenue Growth
0.601
Return On Assets
(0.02)
The market value of Highway Holdings is measured differently than its book value, which is the value of Highway that is recorded on the company's balance sheet. Investors also form their own opinion of Highway Holdings' value that differs from its market value or its book value, called intrinsic value, which is Highway Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Highway Holdings' market value can be influenced by many factors that don't directly affect Highway Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Highway Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highway Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highway Holdings' 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.