Hope Bancorp Stock Forecast - Period Momentum Indicator

HOPE Stock  USD 14.02  0.20  1.45%   
Hope Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hope Bancorp stock prices and determine the direction of Hope Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hope Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Hope Bancorp's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 263.6 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 66.6 M.
Hope Bancorp has current Period Momentum Indicator of 0.2. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
Check Hope Bancorp VolatilityBacktest Hope BancorpInformation Ratio  

Hope Bancorp Trading Date Momentum

On November 26 2024 Hope Bancorp was traded for  14.02  at the closing time. The top price for the day was 14.38  and the lowest listed price was  13.88 . There was no trading activity during the period 0.0. Lack of trading volume on November 26, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.29% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Hope Bancorp

For every potential investor in Hope, whether a beginner or expert, Hope Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hope Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hope. Basic forecasting techniques help filter out the noise by identifying Hope Bancorp's price trends.

Hope Bancorp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hope Bancorp stock to make a market-neutral strategy. Peer analysis of Hope Bancorp could also be used in its relative valuation, which is a method of valuing Hope Bancorp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hope Bancorp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hope Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hope Bancorp's current price.

Hope Bancorp Market Strength Events

Market strength indicators help investors to evaluate how Hope Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hope Bancorp shares will generate the highest return on investment. By undertsting and applying Hope Bancorp stock market strength indicators, traders can identify Hope Bancorp entry and exit signals to maximize returns.

Hope Bancorp Risk Indicators

The analysis of Hope Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hope Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hope stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hope Bancorp is a strong investment it is important to analyze Hope Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hope Bancorp's future performance. For an informed investment choice regarding Hope Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Hope Bancorp to cross-verify your projections.
For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Regional Banks space 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 Hope Bancorp. If investors know Hope 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 Hope Bancorp 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
(0.20)
Dividend Share
0.56
Earnings Share
0.84
Revenue Per Share
4.018
Quarterly Revenue Growth
(0.11)
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope Bancorp'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 Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope Bancorp'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 Hope Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope Bancorp'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.