Huntington Bancshares Incorporated Stock Market Value

HBAN Stock  USD 13.84  0.05  0.36%   
Huntington Bancshares' market value is the price at which a share of Huntington Bancshares trades on a public exchange. It measures the collective expectations of Huntington Bancshares Incorporated investors about its performance. Huntington Bancshares is selling at 13.84 as of the 28th of March 2024; that is 0.36 percent increase since the beginning of the trading day. The stock's open price was 13.79.
With this module, you can estimate the performance of a buy and hold strategy of Huntington Bancshares Incorporated and determine expected loss or profit from investing in Huntington Bancshares over a given investment horizon. Check out Huntington Bancshares Correlation, Huntington Bancshares Volatility and Huntington Bancshares Alpha and Beta module to complement your research on Huntington Bancshares.
Symbol

Huntington Bancshares Price To Book Ratio

Is Huntington Bancshares' industry 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 Huntington Bancshares. If investors know Huntington 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 Huntington 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
(0.65)
Dividend Share
0.62
Earnings Share
1.24
Revenue Per Share
4.801
Quarterly Revenue Growth
(0.15)
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington 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 Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington 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 Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington 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.

Huntington 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 Huntington 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 Huntington Bancshares.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Huntington Bancshares on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Huntington Bancshares Incorporated or generate 0.0% return on investment in Huntington Bancshares over 30 days. Huntington Bancshares is related to or competes with Merchants Bancorp, Axos Financial, Regions Financial, Regions Financial, and Regions Financial. Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides c... More

Huntington 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 Huntington 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 Huntington Bancshares Incorporated upside and downside potential and time the market with a certain degree of confidence.

Huntington Bancshares Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Huntington Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Huntington Bancshares' standard deviation. In reality, there are many statistical measures that can use Huntington Bancshares historical prices to predict the future Huntington Bancshares' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Huntington Bancshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
12.1713.7715.37
Details
Intrinsic
Valuation
LowRealHigh
10.9612.5614.16
Details
Naive
Forecast
LowNextHigh
12.0813.6915.29
Details
21 Analysts
Consensus
LowTargetHigh
10.7011.7613.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Huntington Bancshares. Your research has to be compared to or analyzed against Huntington Bancshares' peers to derive any actionable benefits. When done correctly, Huntington Bancshares' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Huntington Bancshares.

Huntington Bancshares Backtested Returns

We consider Huntington Bancshares not too volatile. Huntington 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 Huntington Bancshares, which you can use to evaluate the volatility of the firm. Please check out Huntington Bancshares' Downside Deviation of 1.38, market risk adjusted performance of 0.1231, and Risk Adjusted Performance of 0.0644 to validate if the risk estimate we provide is consistent with the expected return of 0.16%. Huntington Bancshares has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.34, 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, Huntington Bancshares will likely underperform. Huntington Bancshares right now retains a risk of 1.6%. Please check out Huntington Bancshares sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to decide if Huntington Bancshares will be following its current trending patterns.

Auto-correlation

    
  0.62  

Good predictability

Huntington Bancshares Incorporated has good predictability. Overlapping area represents the amount of predictability between Huntington Bancshares time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Huntington Bancshares price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Huntington Bancshares price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.57
Residual Average0.0
Price Variance0.08

Huntington Bancshares lagged returns against current returns

Autocorrelation, which is Huntington 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 Huntington Bancshares' stock expected returns. We can calculate the autocorrelation of Huntington Bancshares returns to help us make a trade decision. For example, suppose you find that Huntington 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  

Huntington 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 Huntington Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Huntington Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Huntington Bancshares stock over time.
   Current vs Lagged Prices   
       Timeline  

Huntington Bancshares Lagged Returns

When evaluating Huntington Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Huntington Bancshares stock have on its future price. Huntington 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, Huntington Bancshares autocorrelation shows the relationship between Huntington Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in Huntington Bancshares Incorporated.
   Regressed Prices   
       Timeline  

Huntington Bancshares Investors Sentiment

The influence of Huntington Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Huntington. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Huntington Bancshares' public news can be used to forecast risks associated with an investment in Huntington. The trend in average sentiment can be used to explain how an investor holding Huntington can time the market purely based on public headlines and social activities around Huntington Bancshares Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Huntington Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Huntington Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Huntington Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Huntington Bancshares.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Huntington Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Huntington Bancshares' short interest history, or implied volatility extrapolated from Huntington Bancshares options trading.

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When determining whether Huntington Bancshares is a strong investment it is important to analyze Huntington Bancshares' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Huntington Bancshares' future performance. For an informed investment choice regarding Huntington Stock, refer to the following important reports:
Check out Huntington Bancshares Correlation, Huntington Bancshares Volatility and Huntington Bancshares Alpha and Beta module to complement your research on Huntington Bancshares.
Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' 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 Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.
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Huntington 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.
A focus of Huntington Bancshares technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Huntington Bancshares 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...