Harborone Bancorp Stock Probability of Future Stock Price Finishing Under 3.87
| HONE Stock | USD 12.92 0.12 0.94% |
HarborOne |
HarborOne Bancorp Target Price Odds to finish below 3.87
The tendency of HarborOne Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 3.87 or more in 90 days |
| 12.92 | 90 days | 3.87 | near 1 |
Based on a normal probability distribution, the odds of HarborOne Bancorp to drop to $ 3.87 or more in 90 days from now is near 1 (This HarborOne Bancorp probability density function shows the probability of HarborOne Stock to fall within a particular range of prices over 90 days) . Probability of HarborOne Bancorp price to stay between $ 3.87 and its current price of $12.92 at the end of the 90-day period is about 65.76 .
Given the investment horizon of 90 days HarborOne Bancorp has a beta of 0.0815. This usually indicates as returns on the market go up, HarborOne Bancorp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HarborOne Bancorp will be expected to be much smaller as well. Additionally HarborOne Bancorp has an alpha of 0.0291, implying that it can generate a 0.0291 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). HarborOne Bancorp Price Density |
| Price |
Predictive Modules for HarborOne Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HarborOne Bancorp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.HarborOne Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HarborOne Bancorp is not an exception. The market had few large corrections towards the HarborOne Bancorp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold HarborOne Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HarborOne Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.08 | |
σ | Overall volatility | 0.49 | |
Ir | Information ratio | -0.03 |
HarborOne Bancorp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of HarborOne Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HarborOne Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HarborOne Bancorp has a strong financial position based on the latest SEC filings | |
| About 58.0% of the company shares are owned by institutional investors | |
| On 28th of October 2024 HarborOne Bancorp paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: HarborOne Banks Inez Friedman-Boyce named Women We Admires Top 50 Women Leaders in Banking |
HarborOne Bancorp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of HarborOne Stock often depends not only on the future outlook of the current and potential HarborOne Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. HarborOne Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.4 M | |
| Cash And Short Term Investments | 227.3 M |
HarborOne Bancorp Technical Analysis
HarborOne Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. HarborOne Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HarborOne Bancorp. In general, you should focus on analyzing HarborOne Stock price patterns and their correlations with different microeconomic environments and drivers.
HarborOne Bancorp Predictive Forecast Models
HarborOne Bancorp's time-series forecasting models is one of many HarborOne Bancorp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary HarborOne Bancorp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about HarborOne Bancorp
Checking the ongoing alerts about HarborOne Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HarborOne Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HarborOne Bancorp has a strong financial position based on the latest SEC filings | |
| About 58.0% of the company shares are owned by institutional investors | |
| On 28th of October 2024 HarborOne Bancorp paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: HarborOne Banks Inez Friedman-Boyce named Women We Admires Top 50 Women Leaders in Banking |
Check out HarborOne Bancorp Backtesting, HarborOne Bancorp Valuation, HarborOne Bancorp Correlation, HarborOne Bancorp Hype Analysis, HarborOne Bancorp Volatility, HarborOne Bancorp History as well as HarborOne Bancorp Performance. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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 HarborOne Bancorp. If investors know HarborOne 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 HarborOne 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 (0.51) | Dividend Share 0.315 | Earnings Share 0.29 | Revenue Per Share 3.816 | Quarterly Revenue Growth (0.15) |
The market value of HarborOne Bancorp is measured differently than its book value, which is the value of HarborOne that is recorded on the company's balance sheet. Investors also form their own opinion of HarborOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is HarborOne 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 HarborOne Bancorp's market value can be influenced by many factors that don't directly affect HarborOne 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 HarborOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HarborOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HarborOne 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.