Huntington Bancshares Incorporated Stock Price on April 3, 2023
HBAN Stock | USD 18.00 0.14 0.77% |
If you're considering investing in Huntington Stock, it is important to understand the factors that can impact its price. As of today, the current price of Huntington Bancshares stands at 18.00, as last reported on the 29th of November, with the highest price reaching 18.33 and the lowest price hitting 18.00 during the day. Huntington Bancshares appears to be very steady, given 3 months investment horizon. Huntington Bancshares holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Huntington Bancshares, which you can use to evaluate the volatility of the firm. Please utilize Huntington Bancshares' Risk Adjusted Performance of 0.1272, market risk adjusted performance of 76.89, and Downside Deviation of 1.16 to validate if our risk estimates are consistent with your expectations.
Huntington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Huntington |
Sharpe Ratio = 0.1696
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Estimated Market Risk
2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Huntington Bancshares is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Huntington Bancshares by adding it to a well-diversified portfolio.
Huntington Bancshares Main Headline on 3rd of April 2023
Huntington Bancshares dividend paid on 3rd of April 2023 |
Huntington Bancshares Valuation on April 3, 2023
It is possible to determine the worth of Huntington Bancshares on a given historical date. On April 3, 2023 Huntington was worth 10.45 at the beginning of the trading date compared to the closed value of 10.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Huntington Bancshares stock. Still, in general, we apply an absolute valuation method to find Huntington Bancshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Huntington Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Huntington Bancshares' related companies.
Open | High | Low | Close | Volume | |
10.44 | 10.47 | 10.22 | 10.38 | 15,360,470 | |
04/03/2023 | 10.45 | 10.55 | 10.20 | 10.35 | 17,960,930 |
10.41 | 10.43 | 9.95 | 10.18 | 17,010,631 |
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Huntington Bancshares Trading Date Momentum on April 3, 2023
On April 04 2023 Huntington Bancshares Incorporated was traded for 10.18 at the closing time. The top price for the day was 10.43 and the lowest listed price was 9.95 . The trading volume for the day was 17 M. The trading history from April 4, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.64% . The trading delta at closing time against the current closing price is 1.16% . |
Huntington Bancshares Fundamentals Correlations and Trends
By evaluating Huntington Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Huntington Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Huntington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Huntington Bancshares Stock history
Huntington Bancshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Huntington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Huntington Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Huntington Bancshares stock prices may prove useful in developing a viable investing in Huntington Bancshares
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio. Huntington Bcshs operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19997 people.
Huntington Bancshares Stock Technical Analysis
Huntington 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.
Price Boundaries
Huntington Bancshares Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Huntington Bancshares November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Huntington Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Huntington Bancshares shares will generate the highest return on investment. By undertsting and applying Huntington Bancshares stock market strength indicators, traders can identify Huntington Bancshares Incorporated entry and exit signals to maximize returns
Huntington Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Huntington Bancshares' price direction in advance. Along with the technical and fundamental analysis of Huntington Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Huntington to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1272 | |||
Jensen Alpha | 0.3147 | |||
Total Risk Alpha | 0.0049 | |||
Sortino Ratio | 0.1724 | |||
Treynor Ratio | 76.88 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Banking 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 Huntington Bancshares. If investors know Huntington 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 Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington 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 Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington 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 Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington 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.