Hingham Institution For Stock Market Value
| HIFS Stock | USD 283.26 0.72 0.25% |
| Symbol | Hingham |
Hingham Institution for 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 Hingham Institution. If investors know Hingham 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 Hingham Institution 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 0.773 | Dividend Share 2.52 | Earnings Share 10.55 | Revenue Per Share 26.891 | Quarterly Revenue Growth 0.313 |
The market value of Hingham Institution for is measured differently than its book value, which is the value of Hingham that is recorded on the company's balance sheet. Investors also form their own opinion of Hingham Institution's value that differs from its market value or its book value, called intrinsic value, which is Hingham Institution'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 Hingham Institution's market value can be influenced by many factors that don't directly affect Hingham Institution'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 Hingham Institution's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hingham Institution is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hingham Institution'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.
Hingham Institution '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 Hingham Institution'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 Hingham Institution.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Hingham Institution on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Hingham Institution for or generate 0.0% return on investment in Hingham Institution over 30 days. Hingham Institution is related to or competes with Affinity Bancshares, Southern California, Auburn National, BayCom Corp, Community West, First Community, and Great Southern. Hingham Institution for Savings provides various financial products and services to individuals and businesses in the Un... More
Hingham Institution 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 Hingham Institution'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 Hingham Institution for upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0125 | |||
| Maximum Drawdown | 18.42 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 4.0 |
Hingham Institution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hingham Institution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hingham Institution's standard deviation. In reality, there are many statistical measures that can use Hingham Institution historical prices to predict the future Hingham Institution's volatility.| Risk Adjusted Performance | 0.0552 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0175 | |||
| Treynor Ratio | 0.0647 |
Hingham Institution for Backtested Returns
Hingham Institution appears to be very steady, given 3 months investment horizon. Hingham Institution for holds Efficiency (Sharpe) Ratio of 0.0752, which attests that the entity had a 0.0752% return per unit of risk over the last 3 months. We have found thirty technical indicators for Hingham Institution for, which you can use to evaluate the volatility of the firm. Please utilize Hingham Institution's Risk Adjusted Performance of 0.0552, market risk adjusted performance of 0.0747, and Downside Deviation of 1.95 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hingham Institution holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 2.5, 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, Hingham Institution will likely underperform. Please check Hingham Institution's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Hingham Institution's current trending patterns will revert.
Auto-correlation | 0.79 |
Good predictability
Hingham Institution for has good predictability. Overlapping area represents the amount of predictability between Hingham Institution time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Hingham Institution for price movement. The serial correlation of 0.79 indicates that around 79.0% of current Hingham Institution price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 46.09 |
Hingham Institution for lagged returns against current returns
Autocorrelation, which is Hingham Institution 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 Hingham Institution's stock expected returns. We can calculate the autocorrelation of Hingham Institution returns to help us make a trade decision. For example, suppose you find that Hingham Institution 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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Hingham Institution 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 Hingham Institution stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hingham Institution stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hingham Institution stock over time.
Current vs Lagged Prices |
| Timeline |
Hingham Institution Lagged Returns
When evaluating Hingham Institution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hingham Institution stock have on its future price. Hingham Institution 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, Hingham Institution autocorrelation shows the relationship between Hingham Institution stock current value and its past values and can show if there is a momentum factor associated with investing in Hingham Institution for.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Hingham Stock Analysis
When running Hingham Institution's price analysis, check to measure Hingham Institution'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 Hingham Institution is operating at the current time. Most of Hingham Institution's value examination focuses on studying past and present price action to predict the probability of Hingham Institution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hingham Institution's price. Additionally, you may evaluate how the addition of Hingham Institution to your portfolios can decrease your overall portfolio volatility.