HiQ International AB (publ) (OM:HIQ) Adjusted Slope Touches 24.16824 On the Quant Meter

HiQ International AB (publ) (OM:HIQ) shares currently have a 125/250 day adjusted slope average of 24.16824.  The Adjusted Slope 125/250d indicator is equal to the average annualized exponential regression slope, over the past 125 and 250 trading days, multiplied by the coefficient of determination (R2). This indicator is useful in helping find shares that have been on a consistent upward direction over the past six months to a year. Generally speaking, the higher the 125/250 value the better as this would indicate a consistent increase closely correlates to the actual stock price.

Investors have various approaches they can take when deciding what stocks to stuff the portfolio with. Some investors may choose to use fundamental analysis, and some may choose to use technical analysis. Others may employ a combination of the two approaches to make sure no stone is left unturned. Investors looking for bargains in the market may be on the lookout for the stock that offers the best value. This may involve finding stocks that have fallen out of favor with the overall investing community but still have low PE ratios and higher dividend yields. Whatever approach is used, investors may benefit greatly from making sure that all the homework is done, and all of the angles have been examined properly.

Drilling down into some additional key near-term indicators we note that the Capex to PPE ratio stands at 0.305641 for HiQ International AB (publ) (OM:HIQ).  The Capex to PPE ratio shows you how capital intensive a company is. Stocks with an increasing (year over year) ratio may be moving to be more capital intensive and often underperform the market. Higher Capex also often means lower Free Cash Flow (Operating cash flow – Capex) generation and lower dividends as companies don’t have the cash to pay dividends if they are investing more in the business.

In addition to Capex to PPE we can look at Cash Flow to Capex.  This ration compares a stock’s operating cash flow to its capital expenditure and can identify if a firm can generate enough cash to meet investment needs.  Investors are looking for a ratio greater than one, which indicates that the firm can meet that need. Comparing to other firms in the same industry is relevant for this ratio. HiQ International AB (publ) (OM:HIQ)’s Cash Flow to Capex stands at 8.729287.

Debt

In looking at some Debt ratios, HiQ International AB (publ) (OM:HIQ) has a debt to equity ratio of 0.03957 and a Free Cash Flow to Debt ratio of 4.577428.  This ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated.  In terms of Net Debt to EBIT, that ratio stands at -0.76883.  This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt.  The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio.  HiQ International AB (publ)’s ND to MV current stands at -0.046498. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company.

Investor Target Weight

HiQ International AB (publ) (OM:HIQ) has a current suggested portfolio rate of 0.03300 (as a decimal) ownership.  Target weight is the volatility adjusted recommended position size for a stock in your portfolio.  The maximum target weight is 7% for any given stock.  The indicator is based off of the 100 day volatility reading and calculates a target weight accordingly.  The more recent volatility of a stock, the lower the target weight will be.  The 3-month volatility stands at 25.737800 (decimal).  This is the normal returns and standard deviation of the stock price over three months annualized. 

Near-Term Growth Drilldown

Now we’ll take a look at some key growth data as decimals. One year cash flow growth ratio is calculated on a trailing 12 months basis and is a one year percentage growth of a firm’s cash flow from operations.  This number stands at 0.02018 for HiQ International AB (publ) (OM:HIQ).  The one year Growth EBIT ratio stands at -0.08336 and is a calculation of one year growth in earnings before interest and taxes.  The one year EBITDA growth number stands at -0.06838 which is calculated similarly to EBIT Growth with just the addition of amortization.

Investors may be employing many various trading strategies when approaching the markets. Investors may be hoping for sustained upward trends where stocks calmly and steadily advance in that direction. Of course, this isn’t typically the case. Having some foreign exposure in the portfolio may provide overall diversification and also potentially boost performance over time. Investing globally may entail considering the risks of investing in economies that are inherently less developed and thus less liquid. A diversified approach may target foreign markets that have solid growth potential and favorable domestic conditions, such as a stable political setting. Investing globally may require much more research and dedication in order to fully understand the ins and outs.

Taking even a further look we note that the 1 year Free Cash Flow (FCF) Growth is at 0.06919.  The one year growth in Net Profit after Tax is -0.08102 and lastly sales growth was 0.03625.

HiQ International AB (publ) (OM:HIQ) of the Software & Computer Services sector closed the recent session at 58.200000 with a market value of $350888.

Keeping watch on technicals may involve many different plans and scenarios. Investors may be seeking to get some clarity about a certain stock’s history, and eventually try to project the future. With so much historical data available, investors may choose to look at many different time frames when examining a stock. Going back days, months, of even years, may help broaden the scope and help investors see the bigger picture. When companies gear up to release the next round of quarterly earnings results, investors will be closely watching to see how profitable the overall quarter was. Occasionally, low expectations may provide ample impetus for future stock gains. Per usual, there will most likely be big winners and losers depending on the strength of the individual reports.

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