Harborone Bancorp Stock Alpha and Beta Analysis
| HONE Stock | USD 12.80 0.28 2.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as HarborOne Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in HarborOne Bancorp over a specified time horizon. Remember, high HarborOne Bancorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to HarborOne Bancorp's market risk premium analysis include:
Beta 2.16 | Alpha (0.22) | Risk 2.96 | Sharpe Ratio 0.0074 | Expected Return 0.0218 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
HarborOne |
HarborOne Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. HarborOne Bancorp market risk premium is the additional return an investor will receive from holding HarborOne Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HarborOne Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate HarborOne Bancorp's performance over market.| α | -0.22 | β | 2.16 |
HarborOne Bancorp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of HarborOne Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how HarborOne Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.HarborOne Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how HarborOne Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HarborOne Bancorp shares will generate the highest return on investment. By understating and applying HarborOne Bancorp stock market price indicators, traders can identify HarborOne Bancorp position entry and exit signals to maximize returns.
HarborOne Bancorp Return and Market Media
The median price of HarborOne Bancorp for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 12.86 with a coefficient of variation of 3.87. The daily time series for the period is distributed with a sample standard deviation of 0.49, arithmetic mean of 12.72, and mean deviation of 0.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 13000 shares by David Tryder of HarborOne Bancorp at 12.4843 subject to Rule 16b-3 | 09/10/2024 |
2 | StockNews.com Upgrades HarborOne Bancorp to Hold | 09/27/2024 |
3 | HarborOne Bancorp, Inc. Declares Third Quarter 2024 Dividend | 09/30/2024 |
4 | HarborOne Bancorp Forms Hammer Chart Pattern Time for Bottom Fishing | 10/04/2024 |
5 | HarborOne Bancorp Inc Reports Q3 2024 Earnings EPS at 0.10, Revenue at 31. ... | 10/24/2024 |
6 | HarborOne Bancorp Third Quarter 2024 Earnings EPS Misses Expectations | 10/25/2024 |
| HarborOne Bancorp dividend paid on 28th of October 2024 | 10/28/2024 |
7 | Acquisition by Joseph Casey of 12500 shares of HarborOne Bancorp subject to Rule 16b-3 | 11/08/2024 |
8 | Acquisition by Joseph Casey of 4533 shares of HarborOne Bancorp subject to Rule 16b-3 | 11/19/2024 |
9 | HarborOne Banks Inez Friedman-Boyce named Women We Admires Top 50 Women Leaders in Banking | 11/22/2024 |
About HarborOne Bancorp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including HarborOne or other stocks. Alpha measures the amount that position in HarborOne Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0122 | 0.0189 | 0.0248 | 0.026 | Price To Sales Ratio | 3.33 | 3.15 | 3.17 | 4.58 |
HarborOne Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of HarborOne Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HarborOne Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of HarborOne Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of HarborOne Bancorp. Please utilize our Beneish M Score to check the likelihood of HarborOne Bancorp's management manipulating its earnings.
| 25th of January 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with HarborOne Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out HarborOne Bancorp Backtesting, HarborOne Bancorp Valuation, HarborOne Bancorp Correlation, HarborOne Bancorp Hype Analysis, HarborOne Bancorp Volatility, HarborOne Bancorp History and analyze HarborOne Bancorp Performance. For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
HarborOne Bancorp 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.