Horizon Bancorp Stock Pattern Recognition Engulfing Pattern
| HBNC Stock | USD 17.62 0.13 0.74% |
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Recognition |
The output start index for this execution was two with a total number of output elements of fifty-nine. The function generated a total of five valid pattern recognition events for the selected time horizon. The Engulfing Pattern describes Horizon Bancorp bullish reversal pattern.
Horizon Bancorp Technical Analysis Modules
Most technical analysis of Horizon Bancorp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Horizon from various momentum indicators to cycle indicators. When you analyze Horizon charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Horizon Bancorp Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Horizon Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Horizon Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Horizon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Horizon Bancorp's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Horizon Bancorp's intrinsic value. In addition to deriving basic predictive indicators for Horizon Bancorp, we also check how macroeconomic factors affect Horizon Bancorp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0453 | 0.0402 | 0.0377 | 0.0235 | Price To Sales Ratio | 1.96 | 1.98 | 8.38 | 8.8 |
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Horizon Bancorp pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Bancorp will appreciate offsetting losses from the drop in the long position's value.Horizon Bancorp Pair Trading
Horizon Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Horizon Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Bancorp to buy it.
The correlation of Horizon Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Will Regional Banks sector continue expanding? Could Horizon diversify its offerings? Factors like these will boost the valuation of Horizon Bancorp. Market participants price Horizon higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Horizon Bancorp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.469 | Dividend Share 0.64 | Earnings Share (3.41) | Revenue Per Share | Quarterly Revenue Growth 2.187 |
Understanding Horizon Bancorp requires distinguishing between market price and book value, where the latter reflects Horizon's accounting equity. The concept of intrinsic value—what Horizon Bancorp's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Horizon Bancorp's price substantially above or below its fundamental value.
Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Horizon Bancorp's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.