Home Federal Bancorp Stock Market Value
| HFBL Stock | USD 12.40 0.11 0.90% |
| Symbol | Home |
Home Federal Bancorp 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 Home Federal. If investors know Home 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 Home Federal 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 (0.21) | Dividend Share 0.505 | Earnings Share 1.09 | Revenue Per Share 6.465 | Quarterly Revenue Growth (0.13) |
The market value of Home Federal Bancorp is measured differently than its book value, which is the value of Home that is recorded on the company's balance sheet. Investors also form their own opinion of Home Federal's value that differs from its market value or its book value, called intrinsic value, which is Home Federal'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 Home Federal's market value can be influenced by many factors that don't directly affect Home Federal'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 Home Federal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Home Federal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home Federal'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.
Home Federal '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 Home Federal'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 Home Federal.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Home Federal on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Home Federal Bancorp or generate 0.0% return on investment in Home Federal over 30 days. Home Federal is related to or competes with Community West, and Lake Shore. Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank that provides various fina... More
Home Federal 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 Home Federal'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 Home Federal Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.71 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 21.7 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.82 |
Home Federal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Home Federal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Home Federal's standard deviation. In reality, there are many statistical measures that can use Home Federal historical prices to predict the future Home Federal's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0932 |
Home Federal Bancorp Backtested Returns
Home Federal is out of control given 3 months investment horizon. Home Federal Bancorp holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 16.39% are justified by taking the suggested risk. Use Home Federal Bancorp Downside Deviation of 3.71, market risk adjusted performance of 0.1032, and Risk Adjusted Performance of 0.027 to evaluate company specific risk that cannot be diversified away. Home Federal holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Home Federal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Home Federal is expected to be smaller as well. Use Home Federal Bancorp sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to analyze future returns on Home Federal Bancorp.
Auto-correlation | 0.07 |
Virtually no predictability
Home Federal Bancorp has virtually no predictability. Overlapping area represents the amount of predictability between Home Federal time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Home Federal Bancorp price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Home Federal price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Home Federal Bancorp lagged returns against current returns
Autocorrelation, which is Home Federal 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 Home Federal's stock expected returns. We can calculate the autocorrelation of Home Federal returns to help us make a trade decision. For example, suppose you find that Home Federal 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 |
Home Federal 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 Home Federal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Home Federal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Home Federal stock over time.
Current vs Lagged Prices |
| Timeline |
Home Federal Lagged Returns
When evaluating Home Federal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Home Federal stock have on its future price. Home Federal 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, Home Federal autocorrelation shows the relationship between Home Federal stock current value and its past values and can show if there is a momentum factor associated with investing in Home Federal Bancorp.
Regressed Prices |
| Timeline |
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Home Federal 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.