Heritage Commerce Corp Stock Price on November 27, 2024
| HTBK Stock | USD 10.49 0.12 1.16% |
Below is the normalized historical share price chart for Heritage Commerce Corp extending back to July 31, 1998. 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 Heritage Commerce stands at 10.49, as last reported on the 11th of December 2024, with the highest price reaching 10.63 and the lowest price hitting 10.27 during the day.
If you're considering investing in Heritage Stock, it is important to understand the factors that can impact its price. As of now, Heritage Stock is not too volatile. Heritage Commerce Corp holds Efficiency (Sharpe) Ratio of 0.0764, which attests that the entity had a 0.0764% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Heritage Commerce Corp, which you can use to evaluate the volatility of the firm. Please check out Heritage Commerce's Downside Deviation of 1.46, market risk adjusted performance of 0.0635, and Risk Adjusted Performance of 0.0488 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
At this time, Heritage Commerce's Common Stock is quite stable compared to the past year. Capital Stock is expected to rise to about 511.8 M this year, although the value of Sale Purchase Of Stock will most likely fall to about 2.2 M. . At this time, Heritage Commerce's Price Sales Ratio is quite stable compared to the past year. Price Fair Value is expected to rise to 1.67 this year, although the value of Price To Free Cash Flows Ratio will most likely fall to 8.06. Heritage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of July 1998 | 200 Day MA 9.1687 | 50 Day MA 10.132 | Beta 0.913 |
Heritage |
Sharpe Ratio = 0.0764
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Heritage Commerce is performing at about 6% 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 Heritage Commerce by adding it to a well-diversified portfolio.
Price Book 0.9276 | Price Sales 3.8013 | Shares Float 52.6 M | Dividend Share 0.52 | Wall Street Target Price 11.75 |
Related Headline
HMN Financial Headline on 9th of October 2024
Disposition of 109464 shares by Hmn Financial Inc Employee S... by businesswire.com
Filed transaction by HMN Financial Other: Esop Trustee. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Heritage Commerce Valuation on November 27, 2024
It is possible to determine the worth of Heritage Commerce on a given historical date. On November 27, 2024 Heritage was worth 10.8 at the beginning of the trading date compared to the closed value of 10.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Heritage Commerce stock. Still, in general, we apply an absolute valuation method to find Heritage Commerce'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 Heritage Commerce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Heritage Commerce's related companies.
| Open | High | Low | Close | Volume | |
| 10.87 | 10.98 | 10.73 | 10.73 | 431,791 | |
11/27/2024 | 10.80 | 10.84 | 10.65 | 10.66 | 257,736 |
| 10.80 | 10.80 | 10.51 | 10.62 | 186,145 |
| Backtest Heritage Commerce | | | Heritage Commerce History | | | Heritage Commerce Valuation | Previous | Next |
Heritage Commerce Trading Date Momentum on November 27, 2024
| On November 29 2024 Heritage Commerce Corp was traded for 10.62 at the closing time. The top price for the day was 10.80 and the lowest listed price was 10.51 . The trading volume for the day was 186.1 K. The trading history from November 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.38% . The trading delta at closing time against the current closing price is 1.22% . |
Heritage Commerce Corp Fundamentals Correlations and Trends
By evaluating Heritage Commerce'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 Heritage Commerce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Heritage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Heritage Commerce Stock history
Heritage Commerce 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 Heritage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Heritage Commerce Corp 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 Heritage Commerce stock prices may prove useful in developing a viable investing in Heritage Commerce
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 61.3 M | 64.4 M | |
| Net Income Applicable To Common Shares | 76.5 M | 80.4 M |
Heritage Commerce Stock Technical Analysis
Heritage Commerce 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
Heritage Commerce Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Heritage Commerce Corp 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.
Heritage Commerce December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Heritage Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heritage Commerce shares will generate the highest return on investment. By undertsting and applying Heritage Commerce stock market strength indicators, traders can identify Heritage Commerce Corp entry and exit signals to maximize returns
Heritage Commerce Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Heritage Commerce's price direction in advance. Along with the technical and fundamental analysis of Heritage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Heritage 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 | 0.0488 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | 0.0535 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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 Heritage Commerce. If investors know Heritage 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 Heritage Commerce 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 (0.34) | Dividend Share 0.52 | Earnings Share 0.71 | Revenue Per Share 2.763 | Quarterly Revenue Growth (0.11) |
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.