Hanmi Financial Stock Forecast - Period Momentum Indicator
| HAFC Stock | USD 15.80 0.15 0.96% |
Hanmi Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hanmi Financial stock prices and determine the direction of Hanmi Financial's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hanmi Financial's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hanmi Financial's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hanmi Financial's systematic risk associated with finding meaningful patterns of Hanmi Financial fundamentals over time.
Check out Historical Fundamental Analysis of Hanmi Financial to cross-verify your projections. Hanmi |
Open Interest Against 2024-05-17 Hanmi Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hanmi Financial's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Hanmi Financial's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hanmi Financial stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Hanmi Financial's open interest, investors have to compare it to Hanmi Financial's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Hanmi Financial is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Hanmi. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Hanmi Financial cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Hanmi Financial's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hanmi Financial's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.05) | 0.15 |
| Check Hanmi Financial Volatility | Backtest Hanmi Financial | Information Ratio |
Hanmi Financial Trading Date Momentum
| On May 04 2024 Hanmi Financial was traded for 15.80 at the closing time. The top price for the day was 16.00 and the lowest listed price was 15.73 . There was no trading activity during the period 0.0. Lack of trading volume on May 4, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.32% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Hanmi Financial to competition |
Other Forecasting Options for Hanmi Financial
For every potential investor in Hanmi, whether a beginner or expert, Hanmi Financial's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hanmi Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hanmi. Basic forecasting techniques help filter out the noise by identifying Hanmi Financial's price trends.Hanmi Financial Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hanmi Financial stock to make a market-neutral strategy. Peer analysis of Hanmi Financial could also be used in its relative valuation, which is a method of valuing Hanmi Financial by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hanmi Financial Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hanmi Financial's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hanmi Financial's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hanmi Financial Market Strength Events
Market strength indicators help investors to evaluate how Hanmi Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanmi Financial shares will generate the highest return on investment. By undertsting and applying Hanmi Financial stock market strength indicators, traders can identify Hanmi Financial entry and exit signals to maximize returns.
Hanmi Financial Risk Indicators
The analysis of Hanmi Financial's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hanmi Financial's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hanmi stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.54 | |||
| Standard Deviation | 2.03 | |||
| Variance | 4.11 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Hanmi Financial to cross-verify your projections. 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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 (0.31) | Dividend Share 1 | Earnings Share 2.4 | Revenue Per Share 8.052 | Quarterly Revenue Growth (0.09) |
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.