Heartland Banccorp Stock Market Value
| HLAN Stock | USD 91.23 1.10 1.22% |
| Symbol | Heartland |
Heartland Banccorp '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 Heartland Banccorp'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 Heartland Banccorp.
| 03/06/2024 |
| 06/04/2024 |
If you would invest 0.00 in Heartland Banccorp on March 6, 2024 and sell it all today you would earn a total of 0.00 from holding Heartland Banccorp or generate 0.0% return on investment in Heartland Banccorp over 90 days. Heartland Banccorp is related to or competes with American International, Sun Life, Arch Capital, Hartford Financial, Aegon NV, Axa Equitable, and Goosehead Insurance. Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial s... More
Heartland Banccorp 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 Heartland Banccorp'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 Heartland Banccorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7929 | |||
| Information Ratio | 0.065 | |||
| Maximum Drawdown | 3.23 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.39 |
Heartland Banccorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heartland Banccorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heartland Banccorp's standard deviation. In reality, there are many statistical measures that can use Heartland Banccorp historical prices to predict the future Heartland Banccorp's volatility.| Risk Adjusted Performance | 0.0757 | |||
| Jensen Alpha | 0.0623 | |||
| Total Risk Alpha | 0.0414 | |||
| Sortino Ratio | 0.0536 | |||
| Treynor Ratio | 0.2881 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Heartland Banccorp'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.
Heartland Banccorp Backtested Returns
We consider Heartland Banccorp very steady. Heartland Banccorp holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Heartland Banccorp, which you can use to evaluate the volatility of the firm. Please check out Heartland Banccorp's market risk adjusted performance of 0.2981, and Risk Adjusted Performance of 0.0757 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Heartland Banccorp has a performance score of 12 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heartland Banccorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heartland Banccorp is expected to be smaller as well. Heartland Banccorp right now retains a risk of 0.64%. Please check out Heartland Banccorp value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to decide if Heartland Banccorp will be following its current trending patterns.
Auto-correlation | 0.49 |
Average predictability
Heartland Banccorp has average predictability. Overlapping area represents the amount of predictability between Heartland Banccorp time series from 6th of March 2024 to 20th of April 2024 and 20th of April 2024 to 4th of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heartland Banccorp price movement. The serial correlation of 0.49 indicates that about 49.0% of current Heartland Banccorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.58 |
Heartland Banccorp lagged returns against current returns
Autocorrelation, which is Heartland Banccorp 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 Heartland Banccorp's otc stock expected returns. We can calculate the autocorrelation of Heartland Banccorp returns to help us make a trade decision. For example, suppose you find that Heartland Banccorp has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Heartland Banccorp 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 Heartland Banccorp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heartland Banccorp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heartland Banccorp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Heartland Banccorp Lagged Returns
When evaluating Heartland Banccorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heartland Banccorp otc stock have on its future price. Heartland Banccorp 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, Heartland Banccorp autocorrelation shows the relationship between Heartland Banccorp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Heartland Banccorp.
Regressed Prices |
| Timeline |
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Heartland Banccorp financial ratios help investors to determine whether Heartland OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Heartland with respect to the benefits of owning Heartland Banccorp security.