Hoth Therapeutics Stock Market Value

HOTH -  USA Stock  

USD 0.85  0.03  3.66%

Hoth Therapeutics' market value is the price at which a share of Hoth Therapeutics stock trades on a public exchange. It measures the collective expectations of Hoth Therapeutics investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hoth Therapeutics and determine expected loss or profit from investing in Hoth Therapeutics over a given investment horizon. Please check Hoth Therapeutics Hype Analysis, Hoth Therapeutics Correlation, Hoth Therapeutics Valuation, Hoth Therapeutics Volatility, as well as analyze Hoth Therapeutics Alpha and Beta and Hoth Therapeutics Performance.
Symbol
Backtest


Is Hoth Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hoth Therapeutics. If investors know Hoth Therapeutics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hoth Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hoth Therapeutics is measured differently than its book value, which is the value of Hoth Therapeutics that is recorded on the company's balance sheet. Investors also form their own opinion of Hoth Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Hoth Therapeutics' 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 Hoth Therapeutics' market value can be influenced by many factors that don't directly affect Hoth Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hoth Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine Hoth Therapeutics value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hoth Therapeutics' 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.

Hoth Therapeutics '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 Hoth Therapeutics' 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 Hoth Therapeutics.
0.00
10/29/2021
No Change 0.00  0.0 
In 31 days
11/28/2021
0.00
If you would invest  0.00  in Hoth Therapeutics on October 29, 2021 and sell it all today you would earn a total of 0.00 from holding Hoth Therapeutics or generate 0.0% return on investment in Hoth Therapeutics over 30 days. Hoth Therapeutics is related to or competes with Brickell Biotech. Hoth Therapeutics, Inc., a biopharmaceutical company, focuses on developing therapies for dermatological disorders

Hoth Therapeutics 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 Hoth Therapeutics' 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 Hoth Therapeutics upside and downside potential and time the market with a certain degree of confidence.

Hoth Therapeutics Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hoth Therapeutics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hoth Therapeutics' standard deviation. In reality, there are many statistical measures that can use Hoth Therapeutics historical prices to predict the future Hoth Therapeutics' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hoth Therapeutics' 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 Hoth Therapeutics in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.040.863.46
Details
Intrinsic
Valuation
LowReal ValueHigh
0.533.135.73
Details
Naive
Forecast
LowNext ValueHigh
0.0153920.773.37
Details
1 Analysts
Consensus
LowTarget PriceHigh
10.0010.0010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hoth Therapeutics. Your research has to be compared to or analyzed against Hoth Therapeutics' peers to derive any actionable benefits. When done correctly, Hoth Therapeutics' 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 Hoth Therapeutics.

Hoth Therapeutics Backtested Returns

Hoth Therapeutics holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had -0.23% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Hoth Therapeutics exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hoth Therapeutics market risk adjusted performance of (2.51), and Risk Adjusted Performance of (0.16) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.2308, which attests to not very significant fluctuations relative to the market. Let's try to break down what Hoth Therapeutics's beta means in this case. As returns on the market increase, Hoth Therapeutics returns are expected to increase less than the market. However, during the bear market, the loss on holding Hoth Therapeutics will be expected to be smaller as well. Even though it is essential to pay attention to Hoth Therapeutics current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hoth Therapeutics exposes twenty-one different technical indicators, which can help you to evaluate its performance. Hoth Therapeutics has an expected return of -0.59%. Please be advised to check out Hoth Therapeutics information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Hoth Therapeutics performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.08)   

Very weak reverse predictability

Hoth Therapeutics has very weak reverse predictability. Overlapping area represents the amount of predictability between Hoth Therapeutics time series from 29th of October 2021 to 13th of November 2021 and 13th of November 2021 to 28th of November 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 Hoth Therapeutics price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Hoth Therapeutics price fluctuation can be explain by its past prices. Given that Hoth Therapeutics has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Hoth Therapeutics for similar time interval.
Correlation Coefficient-0.08
Spearman Rank Test0.16
Residual Average0.0
Price Variance0.0

Hoth Therapeutics lagged returns against current returns

Autocorrelation, which is Hoth Therapeutics 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 Hoth Therapeutics' stock expected returns. We can calculate the autocorrelation of Hoth Therapeutics returns to help us make a trade decision. For example, suppose you find that Hoth Therapeutics 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 
Share
      Timeline 

Hoth Therapeutics 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 Hoth Therapeutics stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hoth Therapeutics stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hoth Therapeutics stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Hoth Therapeutics Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hoth Therapeutics 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.

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hoth Therapeutics 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.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Hoth Therapeutics Hype Analysis, Hoth Therapeutics Correlation, Hoth Therapeutics Valuation, Hoth Therapeutics Volatility, as well as analyze Hoth Therapeutics Alpha and Beta and Hoth Therapeutics Performance. Note that the Hoth Therapeutics information on this page should be used as a complementary analysis to other Hoth Therapeutics' 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Hoth Therapeutics Stock analysis

When running Hoth Therapeutics price analysis, check to measure Hoth Therapeutics' 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 Hoth Therapeutics is operating at the current time. Most of Hoth Therapeutics' value examination focuses on studying past and present price action to predict the probability of Hoth Therapeutics' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hoth Therapeutics' price. Additionally, you may evaluate how the addition of Hoth Therapeutics to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Hoth Therapeutics technical 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 Hoth Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hoth Therapeutics 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...