Hope Bancorp Stock Technical Analysis

HOPE Stock  USD 13.62  0.15  1.09%   
As of the 29th of November, Hope Bancorp retains the Risk Adjusted Performance of 0.063, market risk adjusted performance of 0.0841, and Downside Deviation of 1.77. Hope Bancorp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hope Bancorp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Hope Bancorp is priced fairly, providing market reflects its last-minute price of 13.62 per share. Given that Hope Bancorp has jensen alpha of (0.1), we strongly advise you to confirm Hope Bancorp's regular market performance to make sure the company can sustain itself at a future point.

Hope Bancorp Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hope, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hope
  
Hope Bancorp's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hope Bancorp Analyst Consensus

Target PriceAdvice# of Analysts
9.8Buy5Odds
Hope Bancorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hope analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hope stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hope Bancorp, talking to its executives and customers, or listening to Hope conference calls.
Hope Analyst Advice Details
Hope 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.
A focus of Hope Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hope Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hope Bancorp Technical Analysis

Indicator
Time Period
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hope Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hope Bancorp Trend Analysis

Use this graph to draw trend lines for Hope Bancorp. You can use it to identify possible trend reversals for Hope Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hope Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hope Bancorp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hope Bancorp applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Hope Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.73, which is the sum of squared deviations for the predicted Hope Bancorp price change compared to its average price change.

About Hope Bancorp Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hope Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hope Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hope Bancorp price pattern first instead of the macroeconomic environment surrounding Hope Bancorp. By analyzing Hope Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hope Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hope Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield0.03820.04370.0461
Price To Sales Ratio3.262.462.55

Hope Bancorp November 29, 2024 Technical Indicators

Most technical analysis of Hope 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 Hope from various momentum indicators to cycle indicators. When you analyze Hope charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hope Bancorp November 29, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hope stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Hope Stock analysis

When running Hope Bancorp's price analysis, check to measure Hope Bancorp'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 Hope Bancorp is operating at the current time. Most of Hope Bancorp's value examination focuses on studying past and present price action to predict the probability of Hope Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hope Bancorp's price. Additionally, you may evaluate how the addition of Hope Bancorp to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format