HomeTrust Bancshares Probability of Future Stock Price Finishing Under 22.85
| HTBIDelisted Stock | USD 36.55 1.06 2.82% |
HomeTrust |
HomeTrust Bancshares Target Price Odds to finish below 22.85
The tendency of HomeTrust 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 $ 22.85 or more in 90 days |
| 36.55 | 90 days | 22.85 | near 1 |
Based on a normal probability distribution, the odds of HomeTrust Bancshares to drop to $ 22.85 or more in 90 days from now is near 1 (This HomeTrust Bancshares probability density function shows the probability of HomeTrust Stock to fall within a particular range of prices over 90 days) . Probability of HomeTrust Bancshares price to stay between $ 22.85 and its current price of $36.55 at the end of the 90-day period is about 64.74 .
Given the investment horizon of 90 days HomeTrust Bancshares has a beta of -0.0571. This usually indicates as returns on the benchmark increase, returns on holding HomeTrust Bancshares are expected to decrease at a much lower rate. During a bear market, however, HomeTrust Bancshares is likely to outperform the market. Additionally HomeTrust Bancshares has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. HomeTrust Bancshares Price Density |
| Price |
Predictive Modules for HomeTrust Bancshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HomeTrust Bancshares. 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.HomeTrust Bancshares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HomeTrust Bancshares is not an exception. The market had few large corrections towards the HomeTrust Bancshares' 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 HomeTrust Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HomeTrust Bancshares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.06 | |
σ | Overall volatility | 1.82 | |
Ir | Information ratio | -0.01 |
HomeTrust Bancshares 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 HomeTrust Bancshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HomeTrust Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HomeTrust Bancshares is now traded under the symbol HTB. Please update your portfolios or report it if you believe this is an error. Report It! | |
| HomeTrust Bancshares generated a negative expected return over the last 90 days | |
| HomeTrust Bancshares has a very high chance of going through financial distress in the upcoming years | |
| HomeTrust Bancshares currently holds about 121.69 M in cash with (42.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.85. | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Earnings Estimates Rising for HomeTrust Bancshares Will It Gain |
HomeTrust Bancshares 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 HomeTrust Stock often depends not only on the future outlook of the current and potential HomeTrust Bancshares' 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. HomeTrust Bancshares' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.8 M | |
| Cash And Short Term Investments | 499.1 M |
HomeTrust Bancshares Technical Analysis
HomeTrust Bancshares' future price can be derived by breaking down and analyzing its technical indicators over time. HomeTrust Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HomeTrust Bancshares. In general, you should focus on analyzing HomeTrust Stock price patterns and their correlations with different microeconomic environments and drivers.
HomeTrust Bancshares Predictive Forecast Models
HomeTrust Bancshares' time-series forecasting models is one of many HomeTrust Bancshares' 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 HomeTrust Bancshares' 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 HomeTrust Bancshares
Checking the ongoing alerts about HomeTrust Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HomeTrust Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HomeTrust Bancshares is now traded under the symbol HTB. Please update your portfolios or report it if you believe this is an error. Report It! | |
| HomeTrust Bancshares generated a negative expected return over the last 90 days | |
| HomeTrust Bancshares has a very high chance of going through financial distress in the upcoming years | |
| HomeTrust Bancshares currently holds about 121.69 M in cash with (42.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.85. | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Earnings Estimates Rising for HomeTrust Bancshares Will It Gain |
Check out HomeTrust Bancshares Backtesting, HomeTrust Bancshares Valuation, HomeTrust Bancshares Correlation, HomeTrust Bancshares Hype Analysis, HomeTrust Bancshares Volatility, HomeTrust Bancshares History as well as HomeTrust Bancshares Performance. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in HomeTrust Stock
If you are still planning to invest in HomeTrust Bancshares check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the HomeTrust Bancshares' history and understand the potential risks before investing.
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