Highcon Systems (Israel) Today
| HICN Stock | ILA 116.70 0.40 0.34% |
Performance7 of 100
| Odds Of DistressLess than 24
|
Highcon Systems is trading at 116.70 as of the 29th of April 2024, a 0.34 percent increase since the beginning of the trading day. The stock's open price was 116.3. Highcon Systems has about a 24 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Highcon Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of February 2024 and ending today, the 29th of April 2024. Click here to learn more.
Highcon Systems Ltd. develops and markets a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. The company was founded in 2009 and is headquartered in Yavne, Israel. The company has 90.96 M outstanding shares. More on Highcon Systems
Moving together with Highcon Stock
| 0.64 | MGDL | Migdal Insurance | PairCorr |
Follow Valuation Odds of Bankruptcy
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Highcon 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. Highcon Systems' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Highcon Systems or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Specialty Industrial Machinery, Industrials (View all Sectors) |
Highcon Systems (HICN) is traded on Tel Aviv Stock Exchange in Israel and employs 127 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 55.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Highcon Systems's market, we take the total number of its shares issued and multiply it by Highcon Systems'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. Highcon Systems operates under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 90.96 M outstanding shares.
Highcon Systems has accumulated about 23.56 M in cash with (18.75 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34.
Check Highcon Systems Probability Of Bankruptcy
Ownership AllocationHighcon Systems secures a total of 90.96 Million outstanding shares. Highcon Systems secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Highcon Ownership Details
Highcon Stock Price Odds Analysis
What are Highcon Systems' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Highcon Systems jumping above the current price in 90 days from now is about 43.7%. The Highcon Systems probability density function shows the probability of Highcon Systems stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Highcon Systems has a beta of 0.3292. This usually indicates as returns on the market go up, Highcon Systems average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Highcon Systems will be expected to be much smaller as well. Additionally, highcon Systems has an alpha of 0.1569, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Highcon Systems to move above the current price in 90 days from now is about 43.7 (This Highcon Systems probability density function shows the probability of Highcon Stock to fall within a particular range of prices over 90 days) .
Highcon Systems Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Highcon Systems market risk premium is the additional return an investor will receive from holding Highcon Systems long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Highcon Systems. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Highcon Systems' alpha and beta are two of the key measurements used to evaluate Highcon Systems' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.6 | |||
| Semi Deviation | 2.95 | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.26 |
Highcon Stock Against Markets
Picking the right benchmark for Highcon Systems 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 Highcon Systems 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 Highcon Systems is critical whether you are bullish or bearish towards Highcon Systems at a given time. Please also check how Highcon Systems' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Highcon Systems without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Highcon Systems Corporate Management
Elected by the shareholders, the Highcon Systems' board of directors comprises two types of representatives: Highcon Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Highcon. The board's role is to monitor Highcon Systems' management team and ensure that shareholders' interests are well served. Highcon Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Highcon Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Dvir Harmelech | CTO RD | Profile | |
| Jens Osundsen | VP APAC | Profile | |
| Shlomo Nimrodi | CEO Director | Profile | |
| Michael Ciaramella | VP Subsidiary | Profile |
How to buy Highcon Stock?
Before investing in Highcon Systems, 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 Highcon Systems. To buy Highcon Systems stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Highcon Systems. 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 Highcon Systems stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Highcon Systems 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 Highcon Systems 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 Highcon Systems, 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 Highcon Systems?
The danger of trading Highcon Systems 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 Highcon Systems 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 Highcon Systems. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Highcon Systems 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, which includes a position in Highcon Systems. 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. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Highcon Stock analysis
When running Highcon Systems' price analysis, check to measure Highcon Systems' 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 Highcon Systems is operating at the current time. Most of Highcon Systems' value examination focuses on studying past and present price action to predict the probability of Highcon Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highcon Systems' price. Additionally, you may evaluate how the addition of Highcon Systems to your portfolios can decrease your overall portfolio volatility.
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