Hotron Precision (Taiwan) Market Value
| 3092 Stock | 27.65 1.70 5.79% |
| Symbol | Hotron |
Hotron Precision 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hotron Precision's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hotron Precision.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in Hotron Precision on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Hotron Precision Electronic or generate 0.0% return on investment in Hotron Precision over 570 days.
Hotron Precision Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hotron Precision's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hotron Precision Electronic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.2202 | |||
| Maximum Drawdown | 15.87 | |||
| Value At Risk | (4.03) | |||
| Potential Upside | 9.97 |
Hotron Precision Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hotron Precision's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hotron Precision's standard deviation. In reality, there are many statistical measures that can use Hotron Precision historical prices to predict the future Hotron Precision's volatility.| Risk Adjusted Performance | 0.1795 | |||
| Jensen Alpha | 0.9396 | |||
| Total Risk Alpha | 0.4131 | |||
| Sortino Ratio | 0.336 | |||
| Treynor Ratio | 1.63 |
Hotron Precision Ele Backtested Returns
Hotron Precision is not too volatile given 3 months investment horizon. Hotron Precision Ele holds Efficiency (Sharpe) Ratio of 0.26, which attests that the entity had a 0.26 % return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Hotron Precision Electronic Risk Adjusted Performance of 0.1795, market risk adjusted performance of 1.64, and Downside Deviation of 2.68 to evaluate company specific risk that cannot be diversified away. Hotron Precision holds a performance score of 20 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.61, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hotron Precision's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hotron Precision is expected to be smaller as well. Use Hotron Precision Electronic total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to analyze future returns on Hotron Precision Electronic.
Auto-correlation | 0.11 |
Insignificant predictability
Hotron Precision Electronic has insignificant predictability. Overlapping area represents the amount of predictability between Hotron Precision time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hotron Precision Ele price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Hotron Precision price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 6.71 |
Hotron Precision Ele lagged returns against current returns
Autocorrelation, which is Hotron Precision stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hotron Precision's stock expected returns. We can calculate the autocorrelation of Hotron Precision returns to help us make a trade decision. For example, suppose you find that Hotron Precision has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hotron Precision regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hotron Precision stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hotron Precision stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hotron Precision stock over time.
Current vs Lagged Prices |
| Timeline |
Hotron Precision Lagged Returns
When evaluating Hotron Precision's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hotron Precision stock have on its future price. Hotron Precision autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hotron Precision autocorrelation shows the relationship between Hotron Precision stock current value and its past values and can show if there is a momentum factor associated with investing in Hotron Precision Electronic.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hotron Stock Analysis
When running Hotron Precision's price analysis, check to measure Hotron Precision'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 Hotron Precision is operating at the current time. Most of Hotron Precision's value examination focuses on studying past and present price action to predict the probability of Hotron Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotron Precision's price. Additionally, you may evaluate how the addition of Hotron Precision to your portfolios can decrease your overall portfolio volatility.