Honda OTC Stock Market Value

HNDAF
 Stock
  

USD 24.43  0.38  1.58%   

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


Is Honda's 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 Honda. If investors know Honda 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 Honda listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.41
Market Capitalization
42.6 B
Quarterly Revenue Growth YOY
0.07
Return On Assets
0.0237
Return On Equity
0.0755
The market value of Honda Motor is measured differently than its book value, which is the value of Honda that is recorded on the company's balance sheet. Investors also form their own opinion of Honda's value that differs from its market value or its book value, called intrinsic value, which is Honda'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 Honda's market value can be influenced by many factors that don't directly affect Honda's 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 Honda's value and its price as these two are different measures arrived at by different means. Investors typically determine Honda value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honda'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.

Honda '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 Honda'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 Honda.
0.00
07/10/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
06/30/2022
0.00
If you would invest  0.00  in Honda on July 10, 2020 and sell it all today you would earn a total of 0.00 from holding Honda Motor or generate 0.0% return on investment in Honda over 720 days. Honda is related to or competes with Allena Pharmaceuticals. Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other produc...More

Honda 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 Honda'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 Honda Motor upside and downside potential and time the market with a certain degree of confidence.

Honda Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Honda's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Honda's standard deviation. In reality, there are many statistical measures that can use Honda historical prices to predict the future Honda's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Honda'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 Honda in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
22.5524.4226.29
Details
Intrinsic
Valuation
LowReal ValueHigh
23.5125.3827.25
Details
Naive
Forecast
LowNext ValueHigh
22.1123.9825.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.1024.9625.81
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Honda. Your research has to be compared to or analyzed against Honda's peers to derive any actionable benefits. When done correctly, Honda'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 Honda Motor.

Honda Motor Backtested Returns

Honda Motor holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had -0.13% 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. Honda Motor exposes twenty-six different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Honda risk adjusted performance of (0.18), and Market Risk Adjusted Performance of (1.60) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 2.0881, which attests to a somewhat significant risk relative to the market. Let's try to break down what Honda's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Honda will likely underperform. Even though it is essential to pay attention to Honda Motor 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. Honda Motor exposes twenty-six different technical indicators, which can help you to evaluate its performance. Honda Motor has an expected return of -0.24%. Please be advised to check out Honda downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness to decide if Honda Motor performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.19  

Insignificant reverse predictability

Honda Motor has insignificant reverse predictability. Overlapping area represents the amount of predictability between Honda time series from 10th of July 2020 to 5th of July 2021 and 5th of July 2021 to 30th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Honda Motor price movement. The serial correlation of -0.19 indicates that over 19.0% of current Honda price fluctuation can be explain by its past prices.
Correlation Coefficient-0.19
Spearman Rank Test-0.64
Residual Average0.0
Price Variance34.33

Honda Motor lagged returns against current returns

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

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

Honda Lagged Returns

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

Honda Investors Sentiment

The influence of Honda's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Honda. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Honda 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, Honda's short interest history, or implied volatility extrapolated from Honda options trading.

Current Sentiment - HNDAF

Honda Motor Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Honda Motor. What is your judgment towards investing in Honda Motor? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

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Please check Honda Hype Analysis, Honda Correlation, Honda Valuation, Honda Volatility, as well as analyze Honda Alpha and Beta and Honda Performance. Note that the Honda Motor information on this page should be used as a complementary analysis to other Honda'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for Honda OTC Stock analysis

When running Honda Motor price analysis, check to measure Honda'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 Honda is operating at the current time. Most of Honda's value examination focuses on studying past and present price action to predict the probability of Honda's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Honda's price. Additionally, you may evaluate how the addition of Honda to your portfolios can decrease your overall portfolio volatility.
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Honda 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 Honda technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Honda 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...