Home Bancshares Stock Market Value
| HOMB Stock | USD 30.29 0.08 0.26% |
| Symbol | Home |
Home 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 Home BancShares. 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 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 0.029 | Earnings Share 2.01 | Revenue Per Share | Quarterly Revenue Growth (0.02) | Return On Assets |
The market value of Home BancShares 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 BancShares' value that differs from its market value or its book value, called intrinsic value, which is Home 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 Home BancShares' market value can be influenced by many factors that don't directly affect Home 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 Home BancShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Home BancShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Home 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.
Home 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 Home 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 Home BancShares.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Home BancShares on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Home BancShares or generate 0.0% return on investment in Home BancShares over 150 days. Home BancShares is related to or competes with Community West, First Financial, First Northwest, First Capital, National Bank, Bank7 Corp, and International Bancshares. operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financ... More
Home 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 Home 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 Home BancShares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.0448 | |||
| Maximum Drawdown | 17.2 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.26 |
Home BancShares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Home BancShares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Home BancShares' standard deviation. In reality, there are many statistical measures that can use Home BancShares historical prices to predict the future Home BancShares' volatility.| Risk Adjusted Performance | 0.0815 | |||
| Jensen Alpha | 0.1441 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0609 | |||
| Treynor Ratio | 0.3811 |
Home BancShares Backtested Returns
Home BancShares appears to be very steady, given 3 months investment horizon. Home BancShares holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Home BancShares, which you can use to evaluate the volatility of the firm. Please utilize Home BancShares' Risk Adjusted Performance of 0.0815, downside deviation of 1.62, and Market Risk Adjusted Performance of 0.3911 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Home BancShares holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Home BancShares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Home BancShares is expected to be smaller as well. Please check Home BancShares' downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Home BancShares' current trending patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Home BancShares has poor predictability. Overlapping area represents the amount of predictability between Home BancShares time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. 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 BancShares price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Home BancShares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.79 |
Home BancShares lagged returns against current returns
Autocorrelation, which is Home 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 Home BancShares' stock expected returns. We can calculate the autocorrelation of Home BancShares returns to help us make a trade decision. For example, suppose you find that Home 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 |
| Timeline |
Home 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 Home BancShares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Home BancShares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Home BancShares stock over time.
Current vs Lagged Prices |
| Timeline |
Home BancShares Lagged Returns
When evaluating Home BancShares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Home BancShares stock have on its future price. Home 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, Home BancShares autocorrelation shows the relationship between Home BancShares stock current value and its past values and can show if there is a momentum factor associated with investing in Home BancShares.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Home BancShares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Home BancShares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Home Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Home Bancshares Stock:Check out Home BancShares Correlation, Home BancShares Volatility and Home BancShares Alpha and Beta module to complement your research on Home BancShares. For information on how to trade Home Stock refer to our How to Trade Home Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Home 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.