Heartland Financial (Germany) Market Value
| 1H4 Stock | EUR 63.50 0.50 0.78% |
| Symbol | Heartland |
Heartland Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Heartland Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Heartland Financial.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Heartland Financial on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Heartland Financial USA or generate 0.0% return on investment in Heartland Financial over 360 days. Heartland Financial is related to or competes with UNICREDIT SPA, Deutsche Bank, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking p... More
Heartland Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Heartland Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Heartland Financial USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 12.53 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 4.72 |
Heartland Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heartland Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heartland Financial's standard deviation. In reality, there are many statistical measures that can use Heartland Financial historical prices to predict the future Heartland Financial's volatility.| Risk Adjusted Performance | 0.1417 | |||
| Jensen Alpha | 0.1607 | |||
| Total Risk Alpha | 0.0122 | |||
| Sortino Ratio | 0.2034 | |||
| Treynor Ratio | 0.2167 |
Heartland Financial USA Backtested Returns
Heartland Financial appears to be very steady, given 3 months investment horizon. Heartland Financial USA holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Heartland Financial USA, which you can use to evaluate the volatility of the firm. Please utilize Heartland Financial's market risk adjusted performance of 0.2267, and Risk Adjusted Performance of 0.1417 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Heartland Financial holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 1.8, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Heartland Financial will likely underperform. Please check Heartland Financial's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Heartland Financial's current trending patterns will revert.
Auto-correlation | 0.56 |
Modest predictability
Heartland Financial USA has modest predictability. Overlapping area represents the amount of predictability between Heartland Financial time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Heartland Financial USA price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Heartland Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 40.72 |
Heartland Financial USA lagged returns against current returns
Autocorrelation, which is Heartland Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Heartland Financial's stock expected returns. We can calculate the autocorrelation of Heartland Financial returns to help us make a trade decision. For example, suppose you find that Heartland Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Heartland Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Heartland Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heartland Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heartland Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Heartland Financial Lagged Returns
When evaluating Heartland Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heartland Financial stock have on its future price. Heartland Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Heartland Financial autocorrelation shows the relationship between Heartland Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Heartland Financial USA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Heartland Stock
When determining whether Heartland Financial USA is a strong investment it is important to analyze Heartland Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Financial's future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:Check out Heartland Financial Correlation, Heartland Financial Volatility and Heartland Financial Alpha and Beta module to complement your research on Heartland Financial. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Heartland Financial 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.