Hamamatsu Photonics Kk Stock Market Value
| HPHTF Stock | USD 35.77 0.00 0.00% |
| Symbol | Hamamatsu |
Hamamatsu Photonics '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 Hamamatsu Photonics' 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 Hamamatsu Photonics.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Hamamatsu Photonics on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Hamamatsu Photonics KK or generate 0.0% return on investment in Hamamatsu Photonics over 90 days. Hamamatsu Photonics is related to or competes with Eltek, Murata Manufacturing, Rohm Co, Tokyo Electron, Nomura Research, and Disco Corp. Hamamatsu Photonics K.K. manufactures and sells photomultiplier tubes, imaging devices, light sources, opto-semiconducto... More
Hamamatsu Photonics 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 Hamamatsu Photonics' 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 Hamamatsu Photonics KK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 7.92 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 0.5947 |
Hamamatsu Photonics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hamamatsu Photonics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hamamatsu Photonics' standard deviation. In reality, there are many statistical measures that can use Hamamatsu Photonics historical prices to predict the future Hamamatsu Photonics' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.7202 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hamamatsu Photonics' 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.
Hamamatsu Photonics Backtested Returns
Hamamatsu Photonics holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Hamamatsu Photonics exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hamamatsu Photonics' Standard Deviation of 1.2, risk adjusted performance of (0.11), and Market Risk Adjusted Performance of 0.7302 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Hamamatsu Photonics are expected to decrease at a much lower rate. During the bear market, Hamamatsu Photonics is likely to outperform the market. Hamamatsu Photonics has an expected return of -0.22%. Please make sure to check out Hamamatsu Photonics variance, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Hamamatsu Photonics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Hamamatsu Photonics KK has excellent reverse predictability. Overlapping area represents the amount of predictability between Hamamatsu Photonics time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hamamatsu Photonics price movement. The serial correlation of -0.84 indicates that around 84.0% of current Hamamatsu Photonics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Hamamatsu Photonics lagged returns against current returns
Autocorrelation, which is Hamamatsu Photonics 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 Hamamatsu Photonics' pink sheet expected returns. We can calculate the autocorrelation of Hamamatsu Photonics returns to help us make a trade decision. For example, suppose you find that Hamamatsu Photonics 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 |
Hamamatsu Photonics 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 Hamamatsu Photonics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hamamatsu Photonics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hamamatsu Photonics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Hamamatsu Photonics Lagged Returns
When evaluating Hamamatsu Photonics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hamamatsu Photonics pink sheet have on its future price. Hamamatsu Photonics 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, Hamamatsu Photonics autocorrelation shows the relationship between Hamamatsu Photonics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Hamamatsu Photonics KK.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hamamatsu Photonics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hamamatsu Photonics' short interest history, or implied volatility extrapolated from Hamamatsu Photonics options trading.
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Complementary Tools for Hamamatsu Pink Sheet analysis
When running Hamamatsu Photonics' price analysis, check to measure Hamamatsu Photonics' 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 Hamamatsu Photonics is operating at the current time. Most of Hamamatsu Photonics' value examination focuses on studying past and present price action to predict the probability of Hamamatsu Photonics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamamatsu Photonics' price. Additionally, you may evaluate how the addition of Hamamatsu Photonics to your portfolios can decrease your overall portfolio volatility.
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Hamamatsu Photonics 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.