Hydreight Technologies Stock Today
| NURS Stock | 0.28 0.01 3.70% |
Performance0 of 100
| Odds Of DistressOver 65
|
Hydreight Technologies is selling for under 0.28 as of the 4th of May 2024; that is 3.70 percent up since the beginning of the trading day. The stock's lowest day price was 0.28. Hydreight Technologies has more than 65 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Hydreight Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2024 and ending today, the 4th of May 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | Category Healthcare | Classification Health Care |
Hydreight Technologies is entity of Canada. It is traded as Stock on V exchange. The company has 38.32 M outstanding shares of which 1.01 K shares are now shorted by private and institutional investors with about 0.03 days to cover all short positions. More on Hydreight Technologies
Moving together with Hydreight Stock
| 0.7 | DYA | DynaCERT | PairCorr |
| 0.63 | SBIO | Sabio Holdings | PairCorr |
Moving against Hydreight Stock
| 0.63 | NG | NovaGold Resources | PairCorr |
| 0.59 | OSI | Osino Resources Corp | PairCorr |
Follow Valuation Odds of Bankruptcy
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Hydreight 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. Hydreight Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hydreight Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Health Care Technology, Health Care Equipment & Services, Health Care, Health Care, Health Care Technology, Health Information Services, Healthcare (View all Sectors) |
Hydreight Technologies (NURS) is traded on TSX Venture Exchange in Canada and employs 2 people. Hydreight Technologies is listed under Health Care Technology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hydreight Technologies's market, we take the total number of its shares issued and multiply it by Hydreight Technologies'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. Hydreight Technologies operates under Health Care Technology sector and is part of Health Care industry. The entity has 38.32 M outstanding shares of which 1.01 K shares are now shorted by private and institutional investors with about 0.03 days to cover all short positions.
Check Hydreight Technologies Probability Of Bankruptcy
Ownership AllocationHydreight Technologies secures a total of 38.32 Million outstanding shares. Hydreight Technologies 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. 68.27 (percent) of Hydreight Technologies 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. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Hydreight Ownership Details
Hydreight Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Hydreight Technologies jumping above the current price in 90 days from now is about 64.34%. The Hydreight Technologies probability density function shows the probability of Hydreight Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon the stock has a beta coefficient of 1.0796. This indicates Hydreight Technologies market returns are correlated to returns on the market. As the market goes up or down, Hydreight Technologies is expected to follow. Additionally, hydreight Technologies 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 Hydreight Technologies to move above the current price in 90 days from now is about 64.34 (This Hydreight Technologies probability density function shows the probability of Hydreight Stock to fall within a particular range of prices over 90 days) .
Hydreight Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hydreight Technologies market risk premium is the additional return an investor will receive from holding Hydreight Technologies 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 Hydreight Technologies. 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 Hydreight Technologies' alpha and beta are two of the key measurements used to evaluate Hydreight Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.75 | |||
| Standard Deviation | 5.55 | |||
| Variance | 30.8 | |||
| Risk Adjusted Performance | (0.01) |
Hydreight Stock Against Markets
Picking the right benchmark for Hydreight Technologies 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 Hydreight Technologies 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 Hydreight Technologies is critical whether you are bullish or bearish towards Hydreight Technologies at a given time. Please also check how Hydreight Technologies' 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 Hydreight Technologies 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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Hydreight Technologies Corporate Executives
Elected by the shareholders, the Hydreight Technologies' board of directors comprises two types of representatives: Hydreight Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hydreight. The board's role is to monitor Hydreight Technologies' management team and ensure that shareholders' interests are well served. Hydreight Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hydreight Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Joshua Sorin | CFO Secretary | Profile |
How to buy Hydreight Stock?
Before investing in Hydreight Technologies, 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 Hydreight Technologies. To buy Hydreight Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hydreight Technologies. 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 Hydreight Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hydreight Technologies 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 Hydreight Technologies 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 Hydreight Technologies, 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 Hydreight Technologies?
The danger of trading Hydreight Technologies 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 Hydreight Technologies 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 Hydreight Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hydreight Technologies 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Hydreight Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Hydreight Stock analysis
When running Hydreight Technologies' price analysis, check to measure Hydreight Technologies' 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 Hydreight Technologies is operating at the current time. Most of Hydreight Technologies' value examination focuses on studying past and present price action to predict the probability of Hydreight Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydreight Technologies' price. Additionally, you may evaluate how the addition of Hydreight Technologies to your portfolios can decrease your overall portfolio volatility.
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