High Wire Networks Stock Performance
| HWNI Stock | USD 0.06 0.01 13.04% |
High Wire holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, High Wire's returns are expected to increase less than the market. However, during the bear market, the loss of holding High Wire is expected to be smaller as well. Use High Wire Networks total risk alpha and the relationship between the potential upside and price action indicator , to analyze future returns on High Wire Networks.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in High Wire Networks are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite fairly abnormal basic indicators, High Wire demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 184.7 K | |
| Total Cashflows From Investing Activities | -593.3 K |
High |
High Wire Relative Risk vs. Return Landscape
If you would invest 4.17 in High Wire Networks on September 1, 2024 and sell it today you would earn a total of 1.83 from holding High Wire Networks or generate 43.88% return on investment over 90 days. High Wire Networks is currently generating 1.3601% in daily expected returns and assumes 15.6956% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than High, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
High Wire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for High Wire's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as High Wire Networks, and traders can use it to determine the average amount a High Wire'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 = 0.0867
| Best Portfolio | Best Equity | |||
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| Average Returns | HWNI | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 15.7 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.36 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average High Wire 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 High Wire by adding it to a well-diversified portfolio.
High Wire Fundamentals Growth
High OTC Stock prices reflect investors' perceptions of the future prospects and financial health of High Wire, and High Wire 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 High OTC Stock performance.
| Return On Equity | 0.45 | |||
| Return On Asset | -0.0698 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 25.59 M | |||
| Shares Outstanding | 65.5 M | |||
| Price To Earning | 0.26 X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 27.21 M | |||
| EBITDA | (11.84 M) | |||
| Cash And Equivalents | 1.97 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 2.61 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (4.21 M) | |||
| Earnings Per Share | 0.08 X | |||
| Total Asset | 45.96 M | |||
About High Wire Performance
By evaluating High Wire's fundamental ratios, stakeholders can gain valuable insights into High Wire's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if High Wire 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 High Wire has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
High Wire Networks, Inc. offers outsourced services to the wireless and wireline industry in Puerto Rico, Canada, and the United States. The company serves software and hardware original equipment manufacturers , cable broadband multiple system operators, and telecommunications OEMs. High Wire operates under Information Technology Services classification in the United States and is traded on OTC Exchange.Things to note about High Wire Networks performance evaluation
Checking the ongoing alerts about High Wire for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for High Wire Networks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| High Wire Networks is way too risky over 90 days horizon | |
| High Wire Networks has some characteristics of a very speculative penny stock | |
| High Wire Networks appears to be risky and price may revert if volatility continues | |
| High Wire Networks has high likelihood to experience some financial distress in the next 2 years | |
| High Wire Networks currently holds 2.61 M in liabilities with Debt to Equity (D/E) ratio of 0.59, which is about average as compared to similar companies. High Wire Networks has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist High Wire until it has trouble settling it off, either with new capital or with free cash flow. So, High Wire'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 High Wire Networks sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for High to invest in growth at high rates of return. When we think about High Wire's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 27.21 M. Net Loss for the year was (13.34 M) with profit before overhead, payroll, taxes, and interest of 1.29 M. | |
| High Wire Networks currently holds about 1.97 M in cash with (4.21 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 52.0% of High Wire shares are held by company insiders |
- Analyzing High Wire'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 High Wire's stock is overvalued or undervalued compared to its peers.
- Examining High Wire'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 High Wire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of High Wire's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of High Wire's otc stock. These opinions can provide insight into High Wire's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for High OTC Stock analysis
When running High Wire's price analysis, check to measure High Wire'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 Wire is operating at the current time. Most of High Wire's value examination focuses on studying past and present price action to predict the probability of High Wire'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 Wire's price. Additionally, you may evaluate how the addition of High Wire to your portfolios can decrease your overall portfolio volatility.
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