Heritage Commerce Corp Stock Price on May 4, 2021
| HTBK Stock | USD 8.14 0.02 0.25% |
Below is the normalized historical share price chart for Heritage Commerce Corp extending back to July 31, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Heritage Commerce stands at 8.14, as last reported on the 23rd of April, with the highest price reaching 8.21 and the lowest price hitting 8.09 during the day.
If you're considering investing in Heritage Stock, it is important to understand the factors that can impact its price. Heritage Commerce Corp holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Heritage Commerce Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Heritage Commerce's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.11), and Standard Deviation of 1.82 to validate the risk estimate we provide.
At this time, Heritage Commerce's Common Stock is quite stable compared to the past year. Capital Stock is expected to rise to about 511.8 M this year, although the value of Sale Purchase Of Stock will most likely fall to about 2.2 M. . At this time, Heritage Commerce's Price Sales Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 1.66 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 8.15. Heritage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of July 1998 | 200 Day MA 8.759 | 50 Day MA 8.2488 | Beta 0.893 |
Heritage |
Sharpe Ratio = -0.1297
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| Negative Returns | HTBK |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Heritage Commerce is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Heritage Commerce by adding Heritage Commerce to a well-diversified portfolio.
Price Book 0.72 | Price Sales 2.5305 | Shares Float 55.3 M | Dividend Share 0.52 | Wall Street Target Price 10.83 |
Heritage Commerce Valuation on May 4, 2021
It is possible to determine the worth of Heritage Commerce on a given historical date. On May 4, 2021 Heritage was worth 11.18 at the beginning of the trading date compared to the closed value of 9.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heritage Commerce stock. Still, in general, we apply an absolute valuation method to find Heritage Commerce's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Heritage Commerce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heritage Commerce's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 11.18 | 11.18 | 9.94 | 9.94 | 278,768 |
| 11.08 | 11.21 | 9.95 | 9.95 | 208,204 |
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Heritage Commerce Trading Date Momentum on May 4, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Heritage Commerce Corp Fundamentals Correlations and Trends
By evaluating Heritage Commerce's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Heritage Commerce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heritage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heritage Commerce Stock history
Heritage Commerce investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Heritage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heritage Commerce Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Heritage Commerce stock prices may prove useful in developing a viable investing in Heritage Commerce
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.3 M | 64.4 M | |
| Net Income Applicable To Common Shares | 76.5 M | 80.4 M |
Heritage Commerce Stock Technical Analysis
Heritage Commerce 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.
Price Boundaries
Heritage Commerce Period Price Range
Low | April 7, 2022
| High |
11.18 | 9.94 |
Heritage Commerce April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Heritage Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heritage Commerce shares will generate the highest return on investment. By undertsting and applying Heritage Commerce stock market strength indicators, traders can identify Heritage Commerce Corp entry and exit signals to maximize returns
| Accumulation Distribution | 30918.81 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 10.56 | |||
| Day Typical Price | 10.35 | |||
| Price Action Indicator | (1.24) | |||
| Period Momentum Indicator | (1.80) |
Heritage Commerce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heritage Commerce's price direction in advance. Along with the technical and fundamental analysis of Heritage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heritage to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.12) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Heritage Commerce Corp information on this page should be used as a complementary analysis to other Heritage Commerce'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Heritage Stock analysis
When running Heritage Commerce's price analysis, check to measure Heritage Commerce'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 Heritage Commerce is operating at the current time. Most of Heritage Commerce's value examination focuses on studying past and present price action to predict the probability of Heritage Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Commerce's price. Additionally, you may evaluate how the addition of Heritage Commerce to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Commerce'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 Heritage Commerce. If investors know Heritage 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 Heritage Commerce 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 (0.36) | Dividend Share 0.52 | Earnings Share 1.05 | Revenue Per Share 3.137 | Quarterly Revenue Growth (0.19) |
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.