HG High (Australia) Today
HG High is selling for under 1.0 as of the 29th of April 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 1.0. Equity ratings for HG High Conviction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of May 2022 and ending today, the 29th of April 2024. Click here to learn more.
Valuation
Check how we calculate scores
HCF Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HG High's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HG High or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Energy, Oil, Gas & Consumable Fuels (View all Sectors) |
HG High Conviction (HCF) is traded on Australian Securities Exchange in Australia . The company currently falls under 'Micro-Cap' category with a current market capitalization of 20.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HG High's market, we take the total number of its shares issued and multiply it by HG High's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HG High Conviction has 22.06 M outstanding shares.
Check HG High Probability Of Bankruptcy
HCF Stock Against Markets
Picking the right benchmark for HG High stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HG High stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HG High is critical whether you are bullish or bearish towards HG High Conviction at a given time. Please also check how HG High's historical prices are related to one of the top price index indicators.
HG High Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HG High stock to make a market-neutral strategy. Peer analysis of HG High could also be used in its relative valuation, which is a method of valuing HG High by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy HCF Stock?
Before investing in HG High, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HG High. To buy HG High stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HG High. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase HG High stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HG High Conviction stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased HG High Conviction stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HG High Conviction, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in HG High Conviction?
The danger of trading HG High Conviction is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HG High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HG High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HG High Conviction is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the HG High Conviction information on this page should be used as a complementary analysis to other HG High's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for HCF Stock analysis
When running HG High's price analysis, check to measure HG High'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 HG High is operating at the current time. Most of HG High's value examination focuses on studying past and present price action to predict the probability of HG High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HG High's price. Additionally, you may evaluate how the addition of HG High to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |