Huntington Bancshares Incorporated Stock Price on April 15, 2024
HBANL Stock | USD 26.14 0.03 0.11% |
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 26.14, as last reported on the 23rd of November, with the highest price reaching 26.14 and the lowest price hitting 25.94 during the day. As of now, Huntington Stock is very steady. Huntington Bancshares holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% 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 check out Huntington Bancshares' Risk Adjusted Performance of 0.0856, downside deviation of 0.6118, and Market Risk Adjusted Performance of 0.6108 to validate if the risk estimate we provide is consistent with the expected return of 0.0642%.
At this time, Huntington Bancshares' Common Stock Shares Outstanding is quite stable compared to the past year. Total Stockholder Equity is expected to rise to about 20.3 B this year, although the value of Capital Stock will most likely fall to about 2.2 B. . At this time, Huntington Bancshares' Price Fair Value is quite stable compared to the past year. Huntington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Huntington |
Sharpe Ratio = 0.1095
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Estimated Market Risk
0.59 actual daily | 5 95% of assets are more volatile |
Expected Return
0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Huntington Bancshares is performing at about 8% 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.
Book Value 12.536 | Enterprise Value 43.6 B | Shares Float 1.4 B | Shares Short Prior Month 15.8 K | Dividend Share 0.62 |
Huntington Bancshares Main Headline on 15th of April 2024
Huntington Bancshares dividend paid on 15th of April 2024 |
Huntington Bancshares Valuation on April 15, 2024
It is possible to determine the worth of Huntington Bancshares on a given historical date. On April 15, 2024 Huntington was worth 23.97 at the beginning of the trading date compared to the closed value of 23.34. 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 | |
23.82 | 23.93 | 23.69 | 23.91 | 21,800 | |
04/15/2024 | 23.97 | 23.97 | 23.28 | 23.34 | 31,900 |
23.43 | 23.53 | 23.37 | 23.43 | 19,300 |
Backtest Huntington Bancshares | | | Huntington Bancshares History | | | Huntington Bancshares Valuation | Previous | Next |
Huntington Bancshares Trading Date Momentum on April 15, 2024
On April 16 2024 Huntington Bancshares Incorporated was traded for 23.43 at the closing time. The highest daily price throughout the period was 23.53 and the lowest price was 23.37 . The daily volume was 19.3 K. The net trading volume on 04/16/2024 added to the next day price upswing. The trading delta at closing time to closing price of the next trading day was 0.39% . The trading delta at closing time to current closing price is 2.49% . |
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
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.5 B | 1.5 B | |
Net Income Applicable To Common Shares | 2.4 B | 1.5 B |
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 23, 2024
| High |
0.00 | 0.00 |
Huntington Bancshares Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Huntington Bancshares November 23, 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 | 0.0856 | |||
Jensen Alpha | 0.0459 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.10) | |||
Treynor Ratio | 0.6008 |
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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 board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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 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.
Quarterly Earnings Growth (0.06) | Dividend Share 0.62 | Revenue Per Share 4.613 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0087 |
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.