Hmn Financial Stock Market Value
| HMNF Stock | USD 19.50 0.10 0.51% |
| Symbol | HMN |
HMN Financial Price To Book Ratio
Is HMN 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 HMN Financial. If investors know HMN 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 HMN 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 (0.19) | Dividend Share 0.32 | Earnings Share 1.3 | Revenue Per Share 8.62 | Quarterly Revenue Growth (0.06) |
The market value of HMN Financial is measured differently than its book value, which is the value of HMN that is recorded on the company's balance sheet. Investors also form their own opinion of HMN Financial's value that differs from its market value or its book value, called intrinsic value, which is HMN 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 HMN Financial's market value can be influenced by many factors that don't directly affect HMN 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 HMN Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if HMN Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HMN 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.
HMN Financial '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 HMN Financial's 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 HMN Financial.
| 10/28/2023 |
| 04/25/2024 |
If you would invest 0.00 in HMN Financial on October 28, 2023 and sell it all today you would earn a total of 0.00 from holding HMN Financial or generate 0.0% return on investment in HMN Financial over 180 days. HMN Financial is related to or competes with Magyar Bancorp, Cullman Bancorp, Home Federal, First Financial, First Northwest, First Capital, and Community West. HMN Financial, Inc. operates as a bank holding company for Home Federal Savings Bank that provides various retail bankin... More
HMN Financial 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 HMN Financial's 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 HMN Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 10.38 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.93 |
HMN Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HMN Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HMN Financial's standard deviation. In reality, there are many statistical measures that can use HMN Financial historical prices to predict the future HMN Financial's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.44) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HMN Financial'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.
HMN Financial Backtested Returns
HMN Financial holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. HMN Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HMN Financial's market risk adjusted performance of (0.43), and Risk Adjusted Performance of (0.08) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, HMN Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding HMN Financial is expected to be smaller as well. HMN Financial has an expected return of -0.2%. Please make sure to check out HMN Financial maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to decide if HMN Financial performance from the past will be repeated at future time.
Auto-correlation | -0.21 |
Weak reverse predictability
HMN Financial has weak reverse predictability. Overlapping area represents the amount of predictability between HMN Financial time series from 28th of October 2023 to 26th of January 2024 and 26th of January 2024 to 25th of April 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 HMN Financial price movement. The serial correlation of -0.21 indicates that over 21.0% of current HMN Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.72 |
HMN Financial lagged returns against current returns
Autocorrelation, which is HMN Financial 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 HMN Financial's stock expected returns. We can calculate the autocorrelation of HMN Financial returns to help us make a trade decision. For example, suppose you find that HMN Financial 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
HMN Financial 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 HMN Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HMN Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HMN Financial stock over time.
Current vs Lagged Prices |
| Timeline |
HMN Financial Lagged Returns
When evaluating HMN Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HMN Financial stock have on its future price. HMN Financial 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, HMN Financial autocorrelation shows the relationship between HMN Financial stock current value and its past values and can show if there is a momentum factor associated with investing in HMN Financial.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out HMN Financial Correlation, HMN Financial Volatility and HMN Financial Alpha and Beta module to complement your research on HMN Financial. For more detail on how to invest in HMN Stock please use our How to Invest in HMN Financial guide.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 HMN Stock analysis
When running HMN Financial's price analysis, check to measure HMN 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 HMN Financial is operating at the current time. Most of HMN Financial's value examination focuses on studying past and present price action to predict the probability of HMN 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 HMN Financial's price. Additionally, you may evaluate how the addition of HMN Financial to your portfolios can decrease your overall portfolio volatility.
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HMN 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.