Hota Industrial (Taiwan) Price on August 27, 2024
1536 Stock | TWD 64.60 4.30 7.13% |
If you're considering investing in Hota Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hota Industrial stands at 64.60, as last reported on the 1st of December, with the highest price reaching 64.70 and the lowest price hitting 60.30 during the day. Hota Industrial Mfg holds Efficiency (Sharpe) Ratio of -0.0032, which attests that the entity had a -0.0032% return per unit of risk over the last 3 months. Hota Industrial Mfg exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hota Industrial's Standard Deviation of 3.2, market risk adjusted performance of (0.03), and insignificant Risk Adjusted Performance to validate the risk estimate we provide.
Hota Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hota |
Sharpe Ratio = -0.0032
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Negative Returns | 1536 |
Estimated Market Risk
3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hota Industrial is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hota Industrial by adding Hota Industrial to a well-diversified portfolio.
Hota Industrial Valuation on August 27, 2024
It is possible to determine the worth of Hota Industrial on a given historical date. On August 27, 2024 Hota was worth 65.7 at the beginning of the trading date compared to the closed value of 68.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hota Industrial stock. Still, in general, we apply an absolute valuation method to find Hota Industrial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hota Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hota Industrial's related companies.
Open | High | Low | Close | Volume | |
66.70 | 68.20 | 65.90 | 65.90 | 5,160,943 | |
08/27/2024 | 65.70 | 68.80 | 65.10 | 68.20 | 5,857,944 |
68.40 | 68.70 | 67.40 | 68.50 | 5,588,367 |
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Hota Industrial Trading Date Momentum on August 27, 2024
On August 28 2024 Hota Industrial Mfg was traded for 68.50 at the closing time. The highest price during the trading period was 68.70 and the lowest recorded bid was listed for 67.40 . The volume for the day was 5.6 M. This history from August 28, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.44% . The trading delta at closing time to the current price is 7.62% . |
Hota Industrial Mfg Fundamentals Correlations and Trends
By evaluating Hota Industrial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hota Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hota financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hota Industrial Stock history
Hota Industrial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hota is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hota Industrial Mfg will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hota Industrial stock prices may prove useful in developing a viable investing in Hota Industrial
Co., Ltd. designs, manufactures, and sells precision auto transmission components worldwide. Co., Ltd. was founded in 1966 and is headquartered in Taichung City, Taiwan. HOTA INDUSTRIAL operates under Auto Parts classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 1296 people.
Hota Industrial Stock Technical Analysis
Hota Industrial technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Hota Industrial Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Hota Industrial Mfg cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hota Industrial December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Hota Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hota Industrial shares will generate the highest return on investment. By undertsting and applying Hota Industrial stock market strength indicators, traders can identify Hota Industrial Mfg entry and exit signals to maximize returns
Hota Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hota Industrial's price direction in advance. Along with the technical and fundamental analysis of Hota Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hota to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (0.04) |
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Additional Tools for Hota Stock Analysis
When running Hota Industrial's price analysis, check to measure Hota Industrial'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 Hota Industrial is operating at the current time. Most of Hota Industrial's value examination focuses on studying past and present price action to predict the probability of Hota Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hota Industrial's price. Additionally, you may evaluate how the addition of Hota Industrial to your portfolios can decrease your overall portfolio volatility.