Hometrust Bancshares Stock Market Value
| HTBI Stock | USD 26.22 0.98 3.88% |
| Symbol | HomeTrust |
HomeTrust Bancshares Price To Book Ratio
Is HomeTrust 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 HomeTrust Bancshares. If investors know HomeTrust 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 HomeTrust 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 (0.12) | Dividend Share 0.41 | Earnings Share 2.97 | Revenue Per Share 11.347 | Quarterly Revenue Growth 0.105 |
The market value of HomeTrust Bancshares is measured differently than its book value, which is the value of HomeTrust that is recorded on the company's balance sheet. Investors also form their own opinion of HomeTrust Bancshares' value that differs from its market value or its book value, called intrinsic value, which is HomeTrust 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 HomeTrust Bancshares' market value can be influenced by many factors that don't directly affect HomeTrust 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 HomeTrust Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if HomeTrust Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomeTrust 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.
HomeTrust 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 HomeTrust 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 HomeTrust Bancshares.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in HomeTrust Bancshares on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding HomeTrust Bancshares or generate 0.0% return on investment in HomeTrust Bancshares over 30 days. HomeTrust Bancshares is related to or competes with HMN Financial, First Northwest, Community West, First Financial, Great Southern, First Capital, and Home Federal. HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and c... More
HomeTrust 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 HomeTrust 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 HomeTrust Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 4.21 |
HomeTrust Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for HomeTrust Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HomeTrust Bancshares' standard deviation. In reality, there are many statistical measures that can use HomeTrust Bancshares historical prices to predict the future HomeTrust Bancshares' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HomeTrust 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.
HomeTrust Bancshares Backtested Returns
HomeTrust Bancshares holds Efficiency (Sharpe) Ratio of -0.0295, which attests that the entity had a -0.0295% return per unit of risk over the last 3 months. HomeTrust Bancshares exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HomeTrust Bancshares' Risk Adjusted Performance of (0), standard deviation of 2.11, and Market Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.77, 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, HomeTrust Bancshares will likely underperform. HomeTrust Bancshares has an expected return of -0.062%. Please make sure to check out HomeTrust Bancshares maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if HomeTrust Bancshares performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
HomeTrust Bancshares has very weak reverse predictability. Overlapping area represents the amount of predictability between HomeTrust Bancshares time series from 25th of March 2024 to 9th of April 2024 and 9th of April 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 HomeTrust Bancshares price movement. The serial correlation of -0.03 indicates that only 3.0% of current HomeTrust Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
HomeTrust Bancshares lagged returns against current returns
Autocorrelation, which is HomeTrust 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 HomeTrust Bancshares' stock expected returns. We can calculate the autocorrelation of HomeTrust Bancshares returns to help us make a trade decision. For example, suppose you find that HomeTrust 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 |
HomeTrust 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 HomeTrust Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HomeTrust Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HomeTrust Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
HomeTrust Bancshares Lagged Returns
When evaluating HomeTrust Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HomeTrust Bancshares stock have on its future price. HomeTrust 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, HomeTrust Bancshares autocorrelation shows the relationship between HomeTrust Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in HomeTrust Bancshares.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out HomeTrust Bancshares Correlation, HomeTrust Bancshares Volatility and HomeTrust Bancshares Alpha and Beta module to complement your research on HomeTrust Bancshares. For more detail on how to invest in HomeTrust Stock please use our How to Invest in HomeTrust Bancshares guide.Note that the HomeTrust Bancshares information on this page should be used as a complementary analysis to other HomeTrust Bancshares' 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 Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for HomeTrust Stock analysis
When running HomeTrust Bancshares' price analysis, check to measure HomeTrust 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 HomeTrust Bancshares is operating at the current time. Most of HomeTrust Bancshares' value examination focuses on studying past and present price action to predict the probability of HomeTrust Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeTrust Bancshares' price. Additionally, you may evaluate how the addition of HomeTrust Bancshares to your portfolios can decrease your overall portfolio volatility.
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HomeTrust 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.