Hotai Finance (Taiwan) Price on October 22, 2024
6592 Stock | TWD 85.30 1.00 1.19% |
If you're considering investing in Hotai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hotai Finance stands at 85.30, as last reported on the 26th of November, with the highest price reaching 85.40 and the lowest price hitting 84.40 during the day. Hotai Finance Corp holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Hotai Finance Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hotai Finance's Standard Deviation of 1.11, market risk adjusted performance of (110.34), and Risk Adjusted Performance of (0.15) to validate the risk estimate we provide.
Hotai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hotai |
Sharpe Ratio = -0.2017
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Negative Returns | 6592 |
Estimated Market Risk
1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hotai Finance 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 Hotai Finance by adding Hotai Finance to a well-diversified portfolio.
Hotai Finance Valuation on October 22, 2024
It is possible to determine the worth of Hotai Finance on a given historical date. On October 22, 2024 Hotai was worth 94.4 at the beginning of the trading date compared to the closed value of 93.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hotai Finance stock. Still, in general, we apply an absolute valuation method to find Hotai Finance'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 Hotai Finance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hotai Finance's related companies.
Open | High | Low | Close | Volume | |
95.20 | 95.20 | 93.80 | 93.90 | 286,247 | |
10/22/2024 | 94.40 | 94.40 | 93.00 | 93.40 | 550,780 |
93.40 | 93.80 | 92.40 | 92.50 | 573,163 |
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Hotai Finance Trading Date Momentum on October 22, 2024
On October 23 2024 Hotai Finance Corp was traded for 92.50 at the closing time. The highest price during the trading period was 93.80 and the lowest recorded bid was listed for 92.40 . The volume for the day was 573.2 K. This history from October 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.96% . The trading delta at closing time to the current price is 2.68% . |
Hotai Finance Corp Fundamentals Correlations and Trends
By evaluating Hotai Finance'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 Hotai Finance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hotai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hotai Finance Stock history
Hotai Finance 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 Hotai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hotai Finance Corp 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 Hotai Finance stock prices may prove useful in developing a viable investing in Hotai Finance
Hotai Finance Co., Ltd., together with its subsidiaries, provides vehicle installment sales, and machinery and equipment leasing services in Taiwan and China. The company was founded in 1999 and is headquartered in Taipei, Taiwan. HOTAI FINANCE operates under Credit Services classification in Taiwan and is traded on Taiwan Stock Exchange.
Hotai Finance Stock Technical Analysis
Hotai Finance 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
Hotai Finance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
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Hotai Finance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Hotai Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hotai Finance shares will generate the highest return on investment. By undertsting and applying Hotai Finance stock market strength indicators, traders can identify Hotai Finance Corp entry and exit signals to maximize returns
Hotai Finance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hotai Finance's price direction in advance. Along with the technical and fundamental analysis of Hotai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hotai 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 | (0.15) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | (110.35) |
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Volume Indicators |
Additional Tools for Hotai Stock Analysis
When running Hotai Finance's price analysis, check to measure Hotai Finance'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 Hotai Finance is operating at the current time. Most of Hotai Finance's value examination focuses on studying past and present price action to predict the probability of Hotai Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotai Finance's price. Additionally, you may evaluate how the addition of Hotai Finance to your portfolios can decrease your overall portfolio volatility.