Heartland Financial Usa Preferred Stock Market Value
| HTLFP Preferred Stock | USD 25.18 0.05 0.20% |
| Symbol | Heartland |
Heartland Financial '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 Heartland Financial's preferred 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 Heartland Financial.
| 10/14/2023 |
| 11/07/2024 |
If you would invest 0.00 in Heartland Financial on October 14, 2023 and sell it all today you would earn a total of 0.00 from holding Heartland Financial USA or generate 0.0% return on investment in Heartland Financial over 390 days. Heartland Financial is related to or competes with Capital One, Capital One, and Bank of America. Heartland Financial USA, Inc., a multi-bank holding company, provides commercial, small business, and consumer banking s... More
Heartland Financial 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 Heartland Financial's preferred 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 Heartland Financial USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4773 | |||
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.967 |
Heartland Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heartland Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Heartland Financial's standard deviation. In reality, there are many statistical measures that can use Heartland Financial historical prices to predict the future Heartland Financial's volatility.| Risk Adjusted Performance | 0.0333 | |||
| Jensen Alpha | 0.013 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.32) | |||
| Treynor Ratio | 5.17 |
Heartland Financial USA Backtested Returns
Currently, Heartland Financial USA is very steady. Heartland Financial USA holds Efficiency (Sharpe) Ratio of 0.0938, which attests that the entity had a 0.0938% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Heartland Financial USA, which you can use to evaluate the volatility of the firm. Please check out Heartland Financial's risk adjusted performance of 0.0333, and Market Risk Adjusted Performance of 5.18 to validate if the risk estimate we provide is consistent with the expected return of 0.0419%. Heartland Financial has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0026, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Heartland Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heartland Financial is expected to be smaller as well. Heartland Financial USA right now retains a risk of 0.45%. Please check out Heartland Financial coefficient of variation, semi variance, relative strength index, as well as the relationship between the treynor ratio and rate of daily change , to decide if Heartland Financial will be following its current trending patterns.
Auto-correlation | 0.84 |
Very good predictability
Heartland Financial USA has very good predictability. Overlapping area represents the amount of predictability between Heartland Financial time series from 14th of October 2023 to 26th of April 2024 and 26th of April 2024 to 7th of November 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 Heartland Financial USA price movement. The serial correlation of 0.84 indicates that around 84.0% of current Heartland Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.82 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Heartland Financial USA lagged returns against current returns
Autocorrelation, which is Heartland Financial preferred 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 Heartland Financial's preferred stock expected returns. We can calculate the autocorrelation of Heartland Financial returns to help us make a trade decision. For example, suppose you find that Heartland Financial has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Heartland Financial 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 Heartland Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Heartland Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Heartland Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Heartland Financial Lagged Returns
When evaluating Heartland Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Heartland Financial preferred stock have on its future price. Heartland Financial 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, Heartland Financial autocorrelation shows the relationship between Heartland Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Heartland Financial USA.
Regressed Prices |
| Timeline |
Pair Trading with Heartland Financial
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 Heartland Financial 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 Heartland Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Heartland Preferred Stock
| 0.81 | DB | Deutsche Bank AG Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Heartland Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heartland Financial 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 Heartland Financial - 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 Heartland Financial USA to buy it.
The correlation of Heartland Financial 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 Heartland Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heartland Financial USA 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 Heartland Financial 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.Additional Tools for Heartland Preferred Stock Analysis
When running Heartland Financial's price analysis, check to measure Heartland Financial'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 Heartland Financial is operating at the current time. Most of Heartland Financial's value examination focuses on studying past and present price action to predict the probability of Heartland Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heartland Financial's price. Additionally, you may evaluate how the addition of Heartland Financial to your portfolios can decrease your overall portfolio volatility.