Hoya Corp Stock Price on February 16, 2023
HOCPY Stock | USD 128.90 1.60 1.26% |
If you're considering investing in Hoya Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Hoya Corp stands at 128.90, as last reported on the 29th of November, with the highest price reaching 128.90 and the lowest price hitting 128.90 during the day. Hoya Corp holds Efficiency (Sharpe) Ratio of -0.049, which attests that the entity had a -0.049% return per unit of risk over the last 3 months. Hoya Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hoya Corp's Market Risk Adjusted Performance of (0.12), standard deviation of 1.83, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
Hoya Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Hoya |
Sharpe Ratio = -0.049
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Estimated Market Risk
1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hoya Corp 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 Hoya Corp by adding Hoya Corp to a well-diversified portfolio.
Hoya Corp Valuation on February 16, 2023
It is possible to determine the worth of Hoya Corp on a given historical date. On February 16, 2023 Hoya was worth 101.18 at the beginning of the trading date compared to the closed value of 101.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hoya Corp pink sheet. Still, in general, we apply an absolute valuation method to find Hoya Corp'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 Hoya Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hoya Corp's related companies.
Open | High | Low | Close | Volume | |
101.99 | 102.67 | 101.64 | 102.61 | 15,400 | |
02/16/2023 | 101.18 | 102.23 | 101.18 | 101.88 | 14,500 |
100.36 | 100.86 | 100.04 | 100.75 | 16,500 |
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Hoya Corp Trading Date Momentum on February 16, 2023
On February 17 2023 Hoya Corp was traded for 100.75 at the closing time. The highest daily price throughout the period was 100.86 and the lowest price was 100.04 . The daily volume was 16.5 K. The net trading volume on 02/17/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.11% . The trading delta at closing time to current closing price is 4.30% . |
Hoya Corp Fundamentals Correlations and Trends
By evaluating Hoya Corp'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 Hoya Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hoya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hoya Corp Pink Sheet history
Hoya Corp 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 Hoya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hoya 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 Hoya Corp stock prices may prove useful in developing a viable investing in Hoya Corp
HOYA Corporation, a med-tech company, provides high-tech and medical products worldwide. HOYA Corporation was founded in 1941 and is headquartered in Tokyo, Japan. Hoya Corp operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 38376 people.
Hoya Corp Pink Sheet Technical Analysis
Hoya Corp technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Hoya Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hoya Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Hoya Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hoya Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hoya Corp shares will generate the highest return on investment. By undertsting and applying Hoya Corp pink sheet market strength indicators, traders can identify Hoya Corp entry and exit signals to maximize returns
Hoya Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hoya Corp's price direction in advance. Along with the technical and fundamental analysis of Hoya Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hoya 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 | (0.05) | |||
Jensen Alpha | (0.29) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | (0.13) |
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Additional Tools for Hoya Pink Sheet Analysis
When running Hoya Corp's price analysis, check to measure Hoya Corp'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 Hoya Corp is operating at the current time. Most of Hoya Corp's value examination focuses on studying past and present price action to predict the probability of Hoya Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hoya Corp's price. Additionally, you may evaluate how the addition of Hoya Corp to your portfolios can decrease your overall portfolio volatility.