Hyperdynamics Corp Stock Return On Equity
| HDYNQDelisted Stock | USD 0 0.00 0.00% |
Hyperdynamics Corp fundamentals help investors to digest information that contributes to Hyperdynamics Corp's financial success or failures. It also enables traders to predict the movement of Hyperdynamics Pink Sheet. The fundamental analysis module provides a way to measure Hyperdynamics Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hyperdynamics Corp pink sheet.
Hyperdynamics |
Hyperdynamics Corp Company Return On Equity Analysis
Hyperdynamics Corp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Hyperdynamics Corp Return On Equity | -7.24 |
Most of Hyperdynamics Corp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hyperdynamics Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Hyperdynamics Corp has a Return On Equity of -7.2381. This is 265.56% higher than that of the Oil, Gas & Consumable Fuels sector and notably lower than that of the Energy industry. The return on equity for all United States stocks is notably higher than that of the company.
Hyperdynamics Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hyperdynamics Corp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hyperdynamics Corp could also be used in its relative valuation, which is a method of valuing Hyperdynamics Corp by comparing valuation metrics of similar companies.Hyperdynamics Corp is currently under evaluation in return on equity category among its peers.
Hyperdynamics Fundamentals
| Return On Equity | -7.24 | ||||
| Return On Asset | -1.07 | ||||
| Current Valuation | 28.46 K | ||||
| Shares Outstanding | 35.57 M | ||||
| Number Of Shares Shorted | 993.06 K | ||||
| Price To Book | 1.23 X | ||||
| EBITDA | (12.32 M) | ||||
| Net Income | (21.53 M) | ||||
| Cash And Equivalents | 2.45 M | ||||
| Cash Per Share | 0.07 X | ||||
| Current Ratio | 0.57 X | ||||
| Book Value Per Share | (0.14) X | ||||
| Cash Flow From Operations | (10.33 M) | ||||
| Short Ratio | 16.21 X | ||||
| Earnings Per Share | (1.06) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 16 | ||||
| Beta | 0.65 | ||||
| Market Capitalization | 3.13 K | ||||
| Total Asset | 2.73 M | ||||
| Z Score | -13.2 | ||||
| Net Asset | 2.73 M |
About Hyperdynamics Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hyperdynamics Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyperdynamics Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyperdynamics Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hyperdynamics Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hyperdynamics Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hyperdynamics Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Hyperdynamics Pink Sheet
| 0.6 | CNQ | Canadian Natural Res | PairCorr |
| 0.5 | FANG | Diamondback Energy | PairCorr |
| 0.49 | EPSN | Epsilon Energy | PairCorr |
| 0.48 | SM | SM Energy | PairCorr |
| 0.35 | CNX | CNX Resources Corp Fiscal Year End 23rd of January 2025 | PairCorr |
The ability to find closely correlated positions to Hyperdynamics Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hyperdynamics Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hyperdynamics Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hyperdynamics Corp to buy it.
The correlation of Hyperdynamics Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hyperdynamics Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hyperdynamics Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hyperdynamics Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. 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. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Hyperdynamics Pink Sheet
If you are still planning to invest in Hyperdynamics Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hyperdynamics Corp's history and understand the potential risks before investing.
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |