Hotai (Taiwan) Price on September 27, 2024
| 2207 Stock | TWD 609.00 2.00 0.33% |
If you're considering investing in Hotai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hotai stands at 609.00, as last reported on the 12th of December 2024, with the highest price reaching 616.00 and the lowest price hitting 608.00 during the day. Hotai Motor holds Efficiency (Sharpe) Ratio of -0.0412, which attests that the entity had a -0.0412% return per unit of risk over the last 3 months. Hotai Motor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hotai's insignificant Risk Adjusted Performance, market risk adjusted performance of (0.62), and Standard Deviation of 1.42 to validate the risk estimate we provide.
Hotai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hotai |
Sharpe Ratio = -0.0412
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2207 |
Estimated Market Risk
| 1.4 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hotai is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hotai by adding Hotai to a well-diversified portfolio.
Hotai Valuation on September 27, 2024
It is possible to determine the worth of Hotai on a given historical date. On September 27, 2024 Hotai was worth 705.0 at the beginning of the trading date compared to the closed value of 713.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hotai stock. Still, in general, we apply an absolute valuation method to find Hotai's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hotai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hotai's related companies.
| Open | High | Low | Close | Volume | |
| 697.00 | 704.00 | 697.00 | 703.00 | 377,167 | |
09/27/2024 | 705.00 | 715.00 | 703.00 | 713.00 | 482,015 |
| 716.00 | 718.00 | 708.00 | 709.00 | 328,282 |
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Hotai Trading Date Momentum on September 27, 2024
| On September 30 2024 Hotai Motor Co was traded for 709.00 at the closing time. The highest price during the trading period was 718.00 and the lowest recorded bid was listed for 708.00 . The volume for the day was 328.3 K. This history from September 30, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.56% . The trading delta at closing time to the current price is 5.89% . |
Hotai Motor Fundamentals Correlations and Trends
By evaluating Hotai's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hotai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hotai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hotai Stock history
Hotai investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hotai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hotai Motor will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hotai stock prices may prove useful in developing a viable investing in Hotai
Hotai Motor Co., Ltd., together with its subsidiaries, assembles, imports, trades, and sells vehicles, automobile air conditioners, and related parts in Taiwan and Mainland China. The company was incorporated in 1947 and is headquartered in Taipei, Taiwan. HOTAI MOTOR operates under Vehicle Sales And Repair classification in Taiwan and is traded on Taiwan Stock Exchange.
Hotai Stock Technical Analysis
Hotai 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.
Price Boundaries
Hotai Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Hotai Motor Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hotai December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Hotai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hotai shares will generate the highest return on investment. By undertsting and applying Hotai stock market strength indicators, traders can identify Hotai Motor Co entry and exit signals to maximize returns
Hotai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hotai's price direction in advance. Along with the technical and fundamental analysis of Hotai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hotai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | (0.63) |
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| Volume Indicators |
Additional Tools for Hotai Stock Analysis
When running Hotai's price analysis, check to measure Hotai'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 Hotai is operating at the current time. Most of Hotai's value examination focuses on studying past and present price action to predict the probability of Hotai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hotai's price. Additionally, you may evaluate how the addition of Hotai to your portfolios can decrease your overall portfolio volatility.