Home Gross Profit from 2010 to 2024
HBCP Stock | USD 50.14 1.23 2.51% |
Gross Profit | First Reported 2006-12-31 | Previous Quarter 49.1 M | Current Value 51 M | Quarterly Volatility 11.6 M |
Check Home Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Home Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 M, Interest Expense of 45.1 M or Selling General Administrative of 28.9 M, as well as many indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0232 or PTB Ratio of 1.17. Home financial statements analysis is a perfect complement when working with Home Bancorp Valuation or Volatility modules.
Home | Gross Profit |
Latest Home Bancorp's Gross Profit Growth Pattern
Below is the plot of the Gross Profit of Home Bancorp over the last few years. Gross profit is a required income statement account that reflects total revenue of Home Bancorp minus its cost of goods sold. It is profit before Home Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Home Bancorp's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Home Bancorp's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 124.13 M | 10 Years Trend |
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Gross Profit |
Timeline |
Home Gross Profit Regression Statistics
Arithmetic Mean | 79,750,148 | |
Geometric Mean | 71,011,608 | |
Coefficient Of Variation | 43.65 | |
Mean Deviation | 28,736,148 | |
Median | 74,730,157 | |
Standard Deviation | 34,810,205 | |
Sample Variance | 1211.8T | |
Range | 115.4M | |
R-Value | 0.87 | |
Mean Square Error | 312.8T | |
R-Squared | 0.76 | |
Significance | 0.000023 | |
Slope | 6,787,113 | |
Total Sum of Squares | 16964.5T |
Home Gross Profit History
Other Fundumenentals of Home Bancorp
Home Bancorp Gross Profit component correlations
Click cells to compare fundamentals
About Home Bancorp Financial Statements
Home Bancorp shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Home Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in Home Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Home Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Gross Profit | 132.5 M | 74.7 M | |
Gross Profit Margin | 1.15 | 1.12 |
Pair Trading with Home Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Home Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Home Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Home Stock
0.86 | AX | Axos Financial | PairCorr |
0.86 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.87 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Home Stock
0.53 | TFC-PO | Truist Financial | PairCorr |
0.5 | TFC-PR | Truist Financial | PairCorr |
0.48 | WF | Woori Financial Group | PairCorr |
0.48 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Home Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Home Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Home Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Home Bancorp to buy it.
The correlation of Home Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Home Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Home Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Home Stock Analysis
When running Home Bancorp's price analysis, check to measure Home Bancorp'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 Home Bancorp is operating at the current time. Most of Home Bancorp's value examination focuses on studying past and present price action to predict the probability of Home Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Home Bancorp's price. Additionally, you may evaluate how the addition of Home Bancorp to your portfolios can decrease your overall portfolio volatility.