Homasote Co Stock Performance
| HMTC Stock | USD 4.15 0.05 1.19% |
On a scale of 0 to 100, Homasote holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of -2.08, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Homasote are expected to decrease by larger amounts. On the other hand, during market turmoil, Homasote is expected to outperform it. Please check Homasote's treynor ratio, as well as the relationship between the rate of daily change and period momentum indicator , to make a quick decision on whether Homasote's current trending patterns will revert.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Homasote Co are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady basic indicators, Homasote exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | -989.8 K |
Homasote |
Homasote Relative Risk vs. Return Landscape
If you would invest 347.00 in Homasote Co on September 27, 2024 and sell it today you would earn a total of 68.00 from holding Homasote Co or generate 19.6% return on investment over 90 days. Homasote Co is currently generating 0.3697% in daily expected returns and assumes 4.5193% risk (volatility on return distribution) over the 90 days horizon. In different words, 40% of pink sheets are less volatile than Homasote, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Homasote Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Homasote's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Homasote Co, and traders can use it to determine the average amount a Homasote's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0818
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Estimated Market Risk
| 4.52 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Homasote is performing at about 6% 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 Homasote by adding it to a well-diversified portfolio.
Homasote Fundamentals Growth
Homasote Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Homasote, and Homasote fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Homasote Pink Sheet performance.
| Return On Asset | -0.0047 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.1 % | |||
| Current Valuation | 2.97 M | |||
| Price To Earning | 3.68 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 22.93 M | |||
| EBITDA | 3.05 M | |||
| Cash And Equivalents | 50.64 K | |||
| Cash Per Share | 0.14 X | |||
| Total Debt | 5.46 M | |||
| Book Value Per Share | 2.93 X | |||
| Cash Flow From Operations | 500.49 K | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 19.89 M | |||
| Retained Earnings | 14.65 M | |||
| Current Asset | 6.28 M | |||
| Current Liabilities | 3.73 M | |||
About Homasote Performance
By analyzing Homasote's fundamental ratios, stakeholders can gain valuable insights into Homasote's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Homasote has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Homasote has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Homasote Company manufactures and sells building and industrial products for the construction and manufacturing industries in the United States. Homasote Company was founded in 1909 and is based in West Trenton, New Jersey. Homasote operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange.Things to note about Homasote performance evaluation
Checking the ongoing alerts about Homasote for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Homasote help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Homasote had very high historical volatility over the last 90 days | |
| Homasote Co currently holds 5.46 M in liabilities. Homasote has a current ratio of 0.4, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Homasote until it has trouble settling it off, either with new capital or with free cash flow. So, Homasote's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Homasote sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Homasote to invest in growth at high rates of return. When we think about Homasote's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 22.93 M. Net Loss for the year was (406.33 K) with profit before overhead, payroll, taxes, and interest of 4.38 M. |
- Analyzing Homasote's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Homasote's stock is overvalued or undervalued compared to its peers.
- Examining Homasote's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Homasote's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Homasote's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Homasote's pink sheet. These opinions can provide insight into Homasote's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Homasote Pink Sheet analysis
When running Homasote's price analysis, check to measure Homasote'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 Homasote is operating at the current time. Most of Homasote's value examination focuses on studying past and present price action to predict the probability of Homasote's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Homasote's price. Additionally, you may evaluate how the addition of Homasote to your portfolios can decrease your overall portfolio volatility.
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