Huntington Bancshares Incorporated Stock Market Value
| HBANL Stock | USD 26.14 0.03 0.11% |
| Symbol | Huntington |
Huntington Bancshares Price To Book Ratio
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.
Huntington Bancshares '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 Huntington Bancshares' 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 Huntington Bancshares.
| 12/04/2022 |
| 11/23/2024 |
If you would invest 0.00 in Huntington Bancshares on December 4, 2022 and sell it all today you would earn a total of 0.00 from holding Huntington Bancshares Incorporated or generate 0.0% return on investment in Huntington Bancshares over 720 days. Huntington Bancshares is related to or competes with JD Sports, Amgen, Aquestive Therapeutics, Sonida Senior, Cumberland Pharmaceuticals, Old Dominion, and Sun Country. Huntington Bancshares is entity of United States More
Huntington Bancshares 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 Huntington Bancshares' 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 Huntington Bancshares Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6118 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 0.9371 |
Huntington Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Huntington Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huntington Bancshares' standard deviation. In reality, there are many statistical measures that can use Huntington Bancshares historical prices to predict the future Huntington Bancshares' volatility.| Risk Adjusted Performance | 0.0856 | |||
| Jensen Alpha | 0.0459 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.6008 |
Huntington Bancshares Backtested Returns
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, market risk adjusted performance of 0.6108, and Downside Deviation of 0.6118 to validate if the risk estimate we provide is consistent with the expected return of 0.0642%. Huntington Bancshares has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0956, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Huntington Bancshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Huntington Bancshares is expected to be smaller as well. Huntington Bancshares right now retains a risk of 0.59%. Please check out Huntington Bancshares sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Huntington Bancshares will be following its current trending patterns.
Auto-correlation | 0.12 |
Insignificant predictability
Huntington Bancshares Incorporated has insignificant predictability. Overlapping area represents the amount of predictability between Huntington Bancshares time series from 4th of December 2022 to 29th of November 2023 and 29th of November 2023 to 23rd of November 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 Huntington Bancshares price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Huntington Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Huntington Bancshares lagged returns against current returns
Autocorrelation, which is Huntington Bancshares 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 Huntington Bancshares' stock expected returns. We can calculate the autocorrelation of Huntington Bancshares returns to help us make a trade decision. For example, suppose you find that Huntington Bancshares 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 |
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Huntington Bancshares 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 Huntington Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huntington Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huntington Bancshares stock over time.
Current vs Lagged Prices |
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Huntington Bancshares Lagged Returns
When evaluating Huntington Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huntington Bancshares stock have on its future price. Huntington Bancshares 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, Huntington Bancshares autocorrelation shows the relationship between Huntington Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Huntington Bancshares Incorporated.
Regressed Prices |
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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.