Huntington Bancshares Incorporated Stock Market Value
HBAN Stock | USD 13.84 0.05 0.36% |
Symbol | Huntington |
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.
02/27/2024 |
| 03/28/2024 |
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.
Downside Deviation | 1.38 | |||
Information Ratio | 0.0178 | |||
Maximum Drawdown | 6.9 | |||
Value At Risk | (2.56) | |||
Potential Upside | 3.12 |
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.Risk Adjusted Performance | 0.0644 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.19) | |||
Sortino Ratio | 0.0201 | |||
Treynor Ratio | 0.1131 |
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.
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 Coefficient | 0.62 | |
Spearman Rank Test | 0.57 | |
Residual Average | 0.0 | |
Price Variance | 0.08 |
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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Try AI Portfolio ArchitectCheck 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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