Harmonic Drive Systems Stock Market Value
| HSYDF Stock | USD 22.20 0.00 0.00% |
| Symbol | Harmonic |
Harmonic Drive '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 Harmonic Drive's otc 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 Harmonic Drive.
| 12/31/2024 |
| 12/26/2025 |
If you would invest 0.00 in Harmonic Drive on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Harmonic Drive Systems or generate 0.0% return on investment in Harmonic Drive over 360 days. Harmonic Drive is related to or competes with Pfeiffer Vacuum, Electrolux Professional, DEUTZ Aktiengesellscha, Dürr Aktiengesellscha, Bodycote Plc, Wacker Neuson, and Russel Metals. Harmonic Drive Systems Inc. produces and sells precision control equipment and components worldwide More
Harmonic Drive 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 Harmonic Drive's otc 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 Harmonic Drive Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.06 | |||
| Information Ratio | 0.082 | |||
| Maximum Drawdown | 29.02 | |||
| Value At Risk | (9.59) | |||
| Potential Upside | 11.77 |
Harmonic Drive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harmonic Drive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harmonic Drive's standard deviation. In reality, there are many statistical measures that can use Harmonic Drive historical prices to predict the future Harmonic Drive's volatility.| Risk Adjusted Performance | 0.0745 | |||
| Jensen Alpha | 0.6638 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | 138.35 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Harmonic Drive'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.
Harmonic Drive Systems Backtested Returns
Harmonic Drive appears to be somewhat reliable, given 3 months investment horizon. Harmonic Drive Systems holds Efficiency (Sharpe) Ratio of 0.0931, which attests that the entity had a 0.0931 % return per unit of risk over the last 3 months. By evaluating Harmonic Drive's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Harmonic Drive's Risk Adjusted Performance of 0.0745, market risk adjusted performance of 138.36, and Downside Deviation of 6.06 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Harmonic Drive holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.0048, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Harmonic Drive's returns are expected to increase less than the market. However, during the bear market, the loss of holding Harmonic Drive is expected to be smaller as well. Please check Harmonic Drive's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Harmonic Drive's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Harmonic Drive Systems has insignificant reverse predictability. Overlapping area represents the amount of predictability between Harmonic Drive time series from 31st of December 2024 to 29th of June 2025 and 29th of June 2025 to 26th 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 Harmonic Drive Systems price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Harmonic Drive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.82 |
Harmonic Drive Systems lagged returns against current returns
Autocorrelation, which is Harmonic Drive otc 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 Harmonic Drive's otc stock expected returns. We can calculate the autocorrelation of Harmonic Drive returns to help us make a trade decision. For example, suppose you find that Harmonic Drive has exhibited high autocorrelation historically, and you observe that the otc 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 |
Harmonic Drive 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 Harmonic Drive otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harmonic Drive otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harmonic Drive otc stock over time.
Current vs Lagged Prices |
| Timeline |
Harmonic Drive Lagged Returns
When evaluating Harmonic Drive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harmonic Drive otc stock have on its future price. Harmonic Drive 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, Harmonic Drive autocorrelation shows the relationship between Harmonic Drive otc stock current value and its past values and can show if there is a momentum factor associated with investing in Harmonic Drive Systems.
Regressed Prices |
| Timeline |
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Other Information on Investing in Harmonic OTC Stock
Harmonic Drive financial ratios help investors to determine whether Harmonic OTC Stock 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 Harmonic with respect to the benefits of owning Harmonic Drive security.