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HKIT Stock Analysis

Data source: Trade-Ideas Alerts | 19 alerts analyzed | Backtest period: 2023-04-03 → 2024-02-21

⚠️ Small sample size (19 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Hitek Global Inc. Class A Ordinary Share
📍 NASDAQ 📅 IPO: Mar 31, 2023 🔗 www.xmhitek.com
💰 Market Cap: $59.5M 👥 Employees: 30
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.
📊
19
Total Alerts
🎯
50.0%
Win Rate (5MIN)
💰
-0.75%
Avg Gain (5MIN)
🚀
+10.39%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 50.0%
Avg Gain: -0.75%
Avg Winner: +2.13%
Avg Loser: -3.62%
Best: +5.66%
Worst: -10.53%
Trades: 9/9

15MIN

Win Rate: 41.2%
Avg Gain: -2.14%
Avg Winner: +2.90%
Avg Loser: -5.67%
Best: +8.03%
Worst: -13.36%
Trades: 7/10

30MIN

Win Rate: 23.5%
Avg Gain: -5.77%
Avg Winner: +3.05%
Avg Loser: -8.48%
Best: +9.72%
Worst: -21.97%
Trades: 4/13

60MIN

Win Rate: 25.0%
Avg Gain: -5.67%
Avg Winner: +6.83%
Avg Loser: -9.84%
Best: +11.84%
Worst: -24.57%
Trades: 4/12

EOD (End of Day)

Win Rate: 42.1%
Avg Gain: -4.41%
Avg Winner: +6.94%
Avg Loser: -12.67%
Best: +20.81%
Worst: -37.20%
Trades: 8/11

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +10.39%
Best MFE: +30.90%
Avg Time to MFE: 94 min

On average, HKIT alerts reach +10.39% profit potential within 94 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -6.14%
Worst MAE: -35.52%
Avg Time to MAE: 13 min

Before reaching MFE, expect an average drawdown of 6.14%.

⚖️ Risk/Reward Ratio

1.69:1

Good risk/reward - favorable for momentum trading.

💡 Trading Insight: Based on 19 alerts, HKIT typically reaches +10.39% profit before pulling back. Consider setting profit targets around 8.3% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 18
Gap Up % 50.0%
Avg Gap +0.04%
Best Gap +4.08%

📋 Last 20 Alerts

Historical HKIT alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-02-21 09:26:08 $2.63 +5.66% +0.76% +0.03% -7.22% -4.18% +6.08% +0.76% +1.52% WIN
2024-02-20 09:25:52 $3.43 -0.87% -4.96% -6.71% -9.62% -17.78% +4.84% +0.29% +3.50% LOSS
2024-02-09 09:29:21 $2.75 -1.82% -7.27% -9.16% -8.57% -1.82% +13.45% -12.73% +1.09% LOSS
2024-02-08 09:29:15 $5.78 +4.15% - -21.97% -24.57% -37.20% +12.11% -11.25% -1.73% WIN
2023-09-15 09:25:00 $2.19 -1.37% +0.88% -0.91% +6.85% +7.31% +10.50% -2.74% +1.37% LOSS
2023-09-14 09:26:00 $2.27 -1.32% -1.76% +1.32% -3.96% -4.41% +3.52% -4.41% -1.32% LOSS
2023-09-13 09:25:00 $2.36 +0.42% +1.69% -1.69% -4.24% -2.97% +3.66% -1.69% -1.69% WIN
2023-09-12 09:26:00 $2.33 -3.43% -3.87% -4.29% -7.30% +3.43% +30.90% -9.87% -3.86% LOSS
2023-09-11 09:27:00 $2.98 -2.85% -6.38% -11.67% -10.40% -21.14% - -0.63% -1.01% LOSS
2023-09-08 09:27:00 $3.9 +1.28% +1.54% -3.00% -3.08% -18.46% +5.38% - +3.85% WIN
2023-09-07 09:29:00 $4.61 +1.29% -2.39% -9.76% -19.30% -8.03% +13.88% -12.80% +0.22% WIN
2023-08-29 09:28:00 $23.06 +2.12% -7.16% -21.25% +8.54% +7.07% +22.29% -35.52% +4.08% WIN
2023-08-24 09:29:00 $36.87 -3.23% -6.43% -0.54% -7.13% -7.78% +7.94% -6.32% -1.49% LOSS
2023-08-23 09:28:00 $30.5 +1.64% +8.03% +9.72% +11.84% +11.31% +24.59% -1.64% +0.82% WIN
2023-07-18 09:26:00 $6.14 -7.17% -13.36% -12.05% -12.71% -15.64% -0.81% -1.47% -1.47% LOSS
2023-06-29 09:28:00 $4.98 - +6.41% - - +3.82% +6.43% +1.41% - -
2023-06-28 09:29:00 $4.47 +1.12% - - - +20.81% +20.85% +1.12% +1.12% WIN
2023-04-28 09:29:00 $5.7 -10.53% -3.16% -7.19% - +0.35% +1.75% -16.49% -3.51% LOSS
2023-04-03 09:25:00 $6.22 +1.45% +0.96% +1.13% +0.08% +1.45% +10.13% -2.72% -0.80% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ HKIT Shows Negative Expectancy

With 50.0% win rate and -0.75% average gain, HKIT alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider HKIT for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze HKIT with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for HKIT. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, HKIT historically offers an average upside of +10.39% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 HKIT Momentum Personality

With a baseline win rate of 50.0%, HKIT shows negative momentum - the stock tends to fade after alerts. This pattern suggests HKIT may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: HKIT shows negative expectancy across all tested intraday timeframes (Best: 5MIN at -0.75%). This suggests HKIT is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.