Hikari OTC Stock Market Value

HKTGF -  USA Stock  

USD 188.30  0.00  0.00%

Hikari Tsughin's market value is the price at which a share of Hikari Tsughin stock trades on a public exchange. It measures the collective expectations of Hikari Tsughin investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hikari Tsughin and determine expected loss or profit from investing in Hikari Tsughin over a given investment horizon. Please check Hikari Tsughin Hype Analysis, Hikari Tsughin Correlation, Hikari Tsughin Valuation, Hikari Tsughin Volatility, as well as analyze Hikari Tsughin Alpha and Beta and Hikari Tsughin Performance.
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The market value of Hikari Tsughin is measured differently than its book value, which is the value of Hikari that is recorded on the company's balance sheet. Investors also form their own opinion of Hikari Tsughin's value that differs from its market value or its book value, called intrinsic value, which is Hikari Tsughin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hikari Tsughin's market value can be influenced by many factors that don't directly affect Hikari Tsughin underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hikari Tsughin's value and its price as these two are different measures arrived at by different means. Investors typically determine Hikari Tsughin value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hikari Tsughin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Hikari Tsughin '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 Hikari Tsughin'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 Hikari Tsughin.
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09/21/2021
No Change 0.00  0.0 
In 30 days
10/21/2021
0.00
If you would invest  0.00  in Hikari Tsughin on September 21, 2021 and sell it all today you would earn a total of 0.00 from holding Hikari Tsughin or generate 0.0% return on investment in Hikari Tsughin over 30 days. Hikari Tsughin is related to or competes with AMERITRUST CORP, Apple, Microsoft Corp, Alphabet, Amazon, Bristol Myer, and Facebook. Hikari Tsushin, Inc. engages in the sale of communication-related products, such as business phones, OA equipment, UTMs,...

Hikari Tsughin 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 Hikari Tsughin'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 Hikari Tsughin upside and downside potential and time the market with a certain degree of confidence.

Hikari Tsughin Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hikari Tsughin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hikari Tsughin's standard deviation. In reality, there are many statistical measures that can use Hikari Tsughin historical prices to predict the future Hikari Tsughin's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hikari Tsughin'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. Please use the tools below to analyze the current value of Hikari Tsughin in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
186.86188.30189.74
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Intrinsic
Valuation
LowReal ValueHigh
153.15154.59207.13
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hikari Tsughin. Your research has to be compared to or analyzed against Hikari Tsughin's peers to derive any actionable benefits. When done correctly, Hikari Tsughin's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Hikari Tsughin.

Hikari Tsughin Backtested Returns

We consider Hikari Tsughin very steady. Hikari Tsughin holds Efficiency (Sharpe) Ratio of 0.0505, which attests that the entity had 0.0505% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Hikari Tsughin, which you can use to evaluate the future volatility of the firm. Please check out Hikari Tsughin risk adjusted performance of 0.0114, and Market Risk Adjusted Performance of 0.0017 to validate if the risk estimate we provide is consistent with the expected return of 0.0725%.
Hikari Tsughin has performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.3377, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Hikari's beta means in this case. As returns on the market increase, returns on owning Hikari Tsughin are expected to decrease at a much lower rate. During the bear market, Hikari Tsughin is likely to outperform the market. Although it is extremely important to respect Hikari Tsughin current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Hikari Tsughin technical indicators, you can presently evaluate if the expected return of 0.0725% will be sustainable into the future. Hikari Tsughin right now retains a risk of 1.44%. Please check out Hikari Tsughin information ratio, as well as the relationship between the value at risk and expected short fall to decide if Hikari Tsughin will be following its current trending patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
   1.00   

Perfect predictability

Hikari Tsughin has perfect predictability. Overlapping area represents the amount of predictability between Hikari Tsughin time series from 21st of September 2021 to 6th of October 2021 and 6th of October 2021 to 21st of October 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hikari Tsughin price movement. The serial correlation of 1.0 indicates that 100.0% of current Hikari Tsughin price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Hikari Tsughin lagged returns against current returns

Autocorrelation, which is Hikari Tsughin 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 Hikari Tsughin's otc stock expected returns. We can calculate the autocorrelation of Hikari Tsughin returns to help us make a trade decision. For example, suppose you find that Hikari Tsughin otc stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Hikari Tsughin 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 Hikari Tsughin otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hikari Tsughin otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hikari Tsughin otc stock over time.
 Current vs Lagged Prices 
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      Timeline 

Hikari Tsughin Lagged Returns

When evaluating Hikari Tsughin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hikari Tsughin otc stock have on its future price. Hikari Tsughin 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, Hikari Tsughin autocorrelation shows the relationship between Hikari Tsughin otc stock current value and its past values and can show if there is a momentum factor associated with investing in Hikari Tsughin.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hikari Tsughin without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hikari Tsughin using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Hikari Tsughin Hype Analysis, Hikari Tsughin Correlation, Hikari Tsughin Valuation, Hikari Tsughin Volatility, as well as analyze Hikari Tsughin Alpha and Beta and Hikari Tsughin Performance. Note that the Hikari Tsughin information on this page should be used as a complementary analysis to other Hikari Tsughin's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Hikari Tsughin price analysis, check to measure Hikari Tsughin'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 Hikari Tsughin is operating at the current time. Most of Hikari Tsughin's value examination focuses on studying past and present price action to predict the probability of Hikari Tsughin's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hikari Tsughin's price. Additionally, you may evaluate how the addition of Hikari Tsughin to your portfolios can decrease your overall portfolio volatility.
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Hikari Tsughin technical otc stock 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, stock market cycles, or different charting patterns.
A focus of Hikari Tsughin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hikari Tsughin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...