Home Bancshares Stock Market Value
| HOMB Stock | USD 24.80 0.11 0.45% |
| Symbol | Home |
Home BancShares Price To Book Ratio
Is Home BancShares' 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 Home BancShares. If investors know Home 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 Home BancShares 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 (0.02) | Dividend Share 0.72 | Earnings Share 1.93 | Revenue Per Share 4.83 | Quarterly Revenue Growth (0.02) |
The market value of Home BancShares is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home BancShares' value that differs from its market value or its book value, called intrinsic value, which is Home BancShares' 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 Home BancShares' market value can be influenced by many factors that don't directly affect Home BancShares' 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 Home BancShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Home BancShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home BancShares' 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.
Home BancShares '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 Home BancShares' 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 Home BancShares.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Home BancShares on October 27, 2023 and sell it all today you would earn a total of 0.00 from holding Home BancShares or generate 0.0% return on investment in Home BancShares over 180 days. Home BancShares is related to or competes with Community West, First Financial, First Northwest, First Capital, National Bank, Bank7 Corp, and International Bancshares. operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financ... More
Home BancShares 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 Home BancShares' 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 Home BancShares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.26 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 3.4 |
Home BancShares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Home BancShares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Home BancShares' standard deviation. In reality, there are many statistical measures that can use Home BancShares historical prices to predict the future Home BancShares' volatility.| Risk Adjusted Performance | 0.0175 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0135 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Home BancShares' 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.
Home BancShares Backtested Returns
We consider Home BancShares very steady. Home BancShares holds Efficiency (Sharpe) Ratio of 0.0179, which attests that the entity had a 0.0179% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Home BancShares, which you can use to evaluate the volatility of the firm. Please check out Home BancShares' Market Risk Adjusted Performance of 0.0235, downside deviation of 1.93, and Risk Adjusted Performance of 0.0175 to validate if the risk estimate we provide is consistent with the expected return of 0.0314%. Home BancShares has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.56, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Home BancShares will likely underperform. Home BancShares right now retains a risk of 1.76%. Please check out Home BancShares downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to decide if Home BancShares will be following its current trending patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Home BancShares has virtually no predictability. Overlapping area represents the amount of predictability between Home BancShares time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th 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 Home BancShares price movement. The serial correlation of 0.01 indicates that just 1.0% of current Home BancShares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Home BancShares lagged returns against current returns
Autocorrelation, which is Home BancShares 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 Home BancShares' stock expected returns. We can calculate the autocorrelation of Home BancShares returns to help us make a trade decision. For example, suppose you find that Home BancShares 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 |
Home BancShares 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 Home BancShares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Home BancShares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Home BancShares stock over time.
Current vs Lagged Prices |
| Timeline |
Home BancShares Lagged Returns
When evaluating Home BancShares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Home BancShares stock have on its future price. Home BancShares 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, Home BancShares autocorrelation shows the relationship between Home BancShares stock current value and its past values and can show if there is a momentum factor associated with investing in Home BancShares.
Regressed Prices |
| Timeline |
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Complementary Tools for Home Stock analysis
When running Home BancShares' price analysis, check to measure Home BancShares' 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 Home BancShares is operating at the current time. Most of Home BancShares' value examination focuses on studying past and present price action to predict the probability of Home BancShares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home BancShares' price. Additionally, you may evaluate how the addition of Home BancShares to your portfolios can decrease your overall portfolio volatility.
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Home BancShares 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.