Hope Bancorp Stock Price on October 31, 2024
| HOPE Stock | USD 13.62 0.15 1.09% |
Below is the normalized historical share price chart for Hope Bancorp extending back to December 27, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hope Bancorp stands at 13.62, as last reported on the 29th of November, with the highest price reaching 13.93 and the lowest price hitting 13.58 during the day.
If you're considering investing in Hope Stock, it is important to understand the factors that can impact its price. At this point, Hope Bancorp is not too volatile. Hope Bancorp holds Efficiency (Sharpe) Ratio of 0.068, which attests that the entity had a 0.068% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hope Bancorp, which you can use to evaluate the volatility of the firm. Please check out Hope Bancorp's Market Risk Adjusted Performance of 0.0841, risk adjusted performance of 0.063, and Downside Deviation of 1.77 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
At present, Hope Bancorp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.2 B, whereas Common Stock Total Equity is forecasted to decline to about 116.3 K. . At present, Hope Bancorp's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 5.53, whereas Price Earnings To Growth Ratio is projected to grow to (0.27). Hope Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of December 1996 | 200 Day MA 11.6768 | 50 Day MA 12.95 | Beta 1.126 |
Hope |
Sharpe Ratio = 0.068
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | HOPE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Hope Bancorp is performing at about 5% 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 Hope Bancorp by adding it to a well-diversified portfolio.
Price Book 0.7662 | Price Sales 3.4361 | Shares Float 114.8 M | Dividend Share 0.56 | Wall Street Target Price 13.8 |
Hope Bancorp Main Headline on 31st of October 2024
Hope Bancorp Posts Quarterly Earnings Results, Misses Estima... by thelincolnianonline.com
Hope Bancorp announced its quarterly earnings data on Monday. The financial services provider reported 0.21 EPS for the quarter, missing analysts consensus estimates of 0.22 by , Briefing.com reports. Hope Bancorp had a return on equity of 5.85 percent and a net margin of 10.02. The firm had revenue of 246.92
Hope Bancorp Valuation on October 31, 2024
It is possible to determine the worth of Hope Bancorp on a given historical date. On October 31, 2024 Hope was worth 12.38 at the beginning of the trading date compared to the closed value of 12.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hope Bancorp stock. Still, in general, we apply an absolute valuation method to find Hope Bancorp's 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 Hope Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hope Bancorp's related companies.
| Open | High | Low | Close | Volume | |
| 12.28 | 12.74 | 12.28 | 12.40 | 673,402 | |
10/31/2024 | 12.38 | 12.48 | 12.26 | 12.27 | 874,050 |
| 12.34 | 12.38 | 12.15 | 12.24 | 487,733 |
| Backtest Hope Bancorp | | | Hope Bancorp History | | | Hope Bancorp Valuation | Previous | Next |
Hope Bancorp Trading Date Momentum on October 31, 2024
| On November 01 2024 Hope Bancorp was traded for 12.24 at the closing time. The top price for the day was 12.38 and the lowest listed price was 12.15 . The trading volume for the day was 487.7 K. The trading history from November 1, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.24% . The trading delta at closing time against the current closing price is 11.82% . |
Hope Bancorp Fundamentals Correlations and Trends
By evaluating Hope Bancorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hope Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hope financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hope Bancorp Stock history
Hope Bancorp 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 Hope is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hope Bancorp 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 Hope Bancorp stock prices may prove useful in developing a viable investing in Hope Bancorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 120.4 M | 66.6 M | |
| Net Income Applicable To Common Shares | 251 M | 263.6 M |
Hope Bancorp Stock Technical Analysis
Hope Bancorp 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
Hope Bancorp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hope Bancorp 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.
Hope Bancorp November 29, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hope Bancorp's price direction in advance. Along with the technical and fundamental analysis of Hope Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hope 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 | 0.063 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0318 | |||
| Treynor Ratio | 0.0741 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Hope Stock analysis
When running Hope Bancorp's price analysis, check to measure Hope Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hope Bancorp is operating at the current time. Most of Hope Bancorp's value examination focuses on studying past and present price action to predict the probability of Hope Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hope Bancorp's price. Additionally, you may evaluate how the addition of Hope Bancorp to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |