Hanmi Financial Stock Technical Analysis

HAFC Stock  USD 15.64  0.43  2.83%   
As of the 24th of April, Hanmi Financial retains the Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.13), and Standard Deviation of 2.27. Hanmi Financial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Hanmi Financial, which can be compared to its competitors. Please check out Hanmi Financial treynor ratio, as well as the relationship between the value at risk and skewness to decide if Hanmi Financial is priced fairly, providing market reflects its last-minute price of 15.64 per share. Given that Hanmi Financial has information ratio of (0.13), we strongly advise you to confirm Hanmi Financial's regular market performance to make sure the company can sustain itself at a future point.

Hanmi Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hanmi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hanmi
  
Hanmi Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hanmi Financial Analyst Consensus

Target PriceAdvice# of Analysts
20.2Hold5Odds
Hanmi Financial current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hanmi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hanmi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hanmi Financial, talking to its executives and customers, or listening to Hanmi conference calls.
Hanmi Analyst Advice Details
Hanmi Financial 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 Hanmi Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hanmi Financial 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...

Hanmi Financial Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hanmi Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hanmi Financial Trend Analysis

Use this graph to draw trend lines for Hanmi Financial. You can use it to identify possible trend reversals for Hanmi Financial as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hanmi Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hanmi Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hanmi Financial applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Hanmi Financial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.38, which is the sum of squared deviations for the predicted Hanmi Financial price change compared to its average price change.

About Hanmi Financial Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hanmi Financial on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hanmi Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hanmi Financial price pattern first instead of the macroeconomic environment surrounding Hanmi Financial. By analyzing Hanmi Financial's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hanmi Financial's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hanmi Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.03820.0520.0546
Price To Sales Ratio2.761.481.4

Hanmi Financial April 24, 2024 Technical Indicators

Most technical analysis of Hanmi help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hanmi from various momentum indicators to cycle indicators. When you analyze Hanmi charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hanmi Financial April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hanmi stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Hanmi Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanmi Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanmi Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanmi Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.
Note that the Hanmi Financial information on this page should be used as a complementary analysis to other Hanmi Financial'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 the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Hanmi Stock analysis

When running Hanmi Financial's price analysis, check to measure Hanmi Financial'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 Hanmi Financial is operating at the current time. Most of Hanmi Financial's value examination focuses on studying past and present price action to predict the probability of Hanmi Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanmi Financial's price. Additionally, you may evaluate how the addition of Hanmi Financial to your portfolios can decrease your overall portfolio volatility.
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Is Hanmi Financial'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 Hanmi Financial. If investors know Hanmi 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 Hanmi Financial 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
(0.34)
Dividend Share
1
Earnings Share
2.62
Revenue Per Share
8.231
Quarterly Revenue Growth
(0.13)
The market value of Hanmi Financial is measured differently than its book value, which is the value of Hanmi that is recorded on the company's balance sheet. Investors also form their own opinion of Hanmi Financial's value that differs from its market value or its book value, called intrinsic value, which is Hanmi Financial'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 Hanmi Financial's market value can be influenced by many factors that don't directly affect Hanmi Financial'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 Hanmi Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanmi Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanmi Financial'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.