Hopto Inc Stock Market Value
| HPTO Stock | USD 0.12 0.00 0.00% |
| Symbol | HopTo |
HopTo '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 HopTo's pink sheet 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 HopTo.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in HopTo on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding hopTo Inc or generate 0.0% return on investment in HopTo over 720 days. HopTo is related to or competes with WANdisco Plc. hopTo Inc., together with its subsidiaries, develops and sells application publishing software in the United States, Bra... More
HopTo 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 HopTo's pink sheet 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 hopTo Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1046 | |||
| Maximum Drawdown | 70.83 | |||
| Potential Upside | 6.67 |
HopTo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HopTo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HopTo's standard deviation. In reality, there are many statistical measures that can use HopTo historical prices to predict the future HopTo's volatility.| Risk Adjusted Performance | 0.0901 | |||
| Jensen Alpha | 0.9438 | |||
| Total Risk Alpha | 0.0547 | |||
| Treynor Ratio | (1.37) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HopTo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
hopTo Inc Backtested Returns
HopTo appears to be out of control, given 3 months investment horizon. hopTo Inc holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12 % return per unit of risk over the last 3 months. By evaluating HopTo's technical indicators, you can evaluate if the expected return of 0.95% is justified by implied risk. Please utilize HopTo's Standard Deviation of 7.83, market risk adjusted performance of (1.36), and Risk Adjusted Performance of 0.0901 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, HopTo holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of -0.65, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning HopTo are expected to decrease at a much lower rate. During the bear market, HopTo is likely to outperform the market. Please check HopTo's information ratio and kurtosis , to make a quick decision on whether HopTo's current trending patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
hopTo Inc has modest reverse predictability. Overlapping area represents the amount of predictability between HopTo time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of hopTo Inc price movement. The serial correlation of -0.45 indicates that just about 45.0% of current HopTo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
hopTo Inc lagged returns against current returns
Autocorrelation, which is HopTo pink sheet'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 HopTo's pink sheet expected returns. We can calculate the autocorrelation of HopTo returns to help us make a trade decision. For example, suppose you find that HopTo has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
HopTo 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 HopTo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HopTo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HopTo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
HopTo Lagged Returns
When evaluating HopTo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HopTo pink sheet have on its future price. HopTo 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, HopTo autocorrelation shows the relationship between HopTo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in hopTo Inc.
Regressed Prices |
| Timeline |
Pair Trading with HopTo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if HopTo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in HopTo will appreciate offsetting losses from the drop in the long position's value.Moving against HopTo Pink Sheet
The ability to find closely correlated positions to HopTo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace HopTo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back HopTo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling hopTo Inc to buy it.
The correlation of HopTo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as HopTo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if hopTo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for HopTo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in HopTo Pink Sheet
HopTo financial ratios help investors to determine whether HopTo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HopTo with respect to the benefits of owning HopTo security.