HLE Glascoat (India) Today
| HLEGLAS Stock | 452.10 3.05 0.67% |
Performance0 of 100
| Odds Of DistressLess than 1
|
HLE Glascoat is selling for under 452.10 as of the 2nd of May 2024; that is -0.67 percent down since the beginning of the trading day. The stock's lowest day price was 450.55. HLE Glascoat has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for HLE Glascoat Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2024 and ending today, the 2nd of May 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
HLE Glascoat is entity of India. It is traded as Stock on NSE exchange. The company has 68.27 M outstanding shares. More on HLE Glascoat Limited
HLE 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. HLE Glascoat's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HLE Glascoat or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Industrial Machinery & Supplies & Components, Specialty Industrial Machinery, Industrials, Industrials, Machinery, Specialty Industrial Machinery, Industrials (View all Sectors) | ||||
HLE Glascoat's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to HLE Glascoat's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand HLE Glascoat's financial leverage. It provides some insight into what part of HLE Glascoat's total assets is financed by creditors.
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HLE Glascoat Limited (HLEGLAS) is traded on National Stock Exchange of India in India and employs 742 people. HLE Glascoat is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 31.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HLE Glascoat's market, we take the total number of its shares issued and multiply it by HLE Glascoat'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. HLE Glascoat Limited operates under Machinery sector and is part of Industrials industry. The entity has 68.27 M outstanding shares.
HLE Glascoat generates positive cash flow from operations, but has no cash available
Check HLE Glascoat Probability Of Bankruptcy
Ownership AllocationHLE Glascoat Limited has a total of 68.27 Million outstanding shares. HLE Glascoat retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 75.45 (percent) of HLE Glascoat outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check HLE Ownership Details
HLE Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of HLE Glascoat jumping above the current price in 90 days from now is about 77.72%. The HLE Glascoat Limited probability density function shows the probability of HLE Glascoat stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon HLE Glascoat has a beta of 0.3024. This usually indicates as returns on the market go up, HLE Glascoat average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HLE Glascoat Limited will be expected to be much smaller as well. Additionally, hLE Glascoat Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of HLE Glascoat to move above the current price in 90 days from now is about 77.72 (This HLE Glascoat Limited probability density function shows the probability of HLE Stock to fall within a particular range of prices over 90 days) .
HLE Glascoat Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. HLE Glascoat market risk premium is the additional return an investor will receive from holding HLE Glascoat 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 HLE Glascoat. 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 HLE Glascoat's alpha and beta are two of the key measurements used to evaluate HLE Glascoat's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.29 | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.15 | |||
| Risk Adjusted Performance | (0.10) |
HLE Stock Against Markets
Picking the right benchmark for HLE Glascoat 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 HLE Glascoat 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 HLE Glascoat is critical whether you are bullish or bearish towards HLE Glascoat Limited at a given time. Please also check how HLE Glascoat's 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 HLE Glascoat 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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Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities |
| All Next | Launch Module |
HLE Glascoat Corporate Management
Elected by the shareholders, the HLE Glascoat's board of directors comprises two types of representatives: HLE Glascoat inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HLE. The board's role is to monitor HLE Glascoat's management team and ensure that shareholders' interests are well served. HLE Glascoat's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HLE Glascoat's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rajesh Lad | Vice Excellence | Profile | |
| Harsh Patel | WholeTime Director | Profile | |
| Himanshu Patel | Managing Director | Profile | |
| Naveen Kandpal | Chief Officer | Profile | |
| Vaibhav Gokhale | Vice South | Profile | |
| Achal CS | Company Officer | Profile |
How to buy HLE Stock?
Before investing in HLE Glascoat, 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 HLE Glascoat. To buy HLE Glascoat stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HLE Glascoat. 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 HLE Glascoat stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HLE Glascoat Limited 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 HLE Glascoat Limited 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 HLE Glascoat Limited, 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 HLE Glascoat Limited?
The danger of trading HLE Glascoat Limited 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 HLE Glascoat 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 HLE Glascoat. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HLE Glascoat Limited 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 HLE Glascoat Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for HLE Stock analysis
When running HLE Glascoat's price analysis, check to measure HLE Glascoat'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 HLE Glascoat is operating at the current time. Most of HLE Glascoat's value examination focuses on studying past and present price action to predict the probability of HLE Glascoat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HLE Glascoat's price. Additionally, you may evaluate how the addition of HLE Glascoat to your portfolios can decrease your overall portfolio volatility.
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