Hanmi Financial Stock Probability of Future Stock Price Finishing Under 24.30

HAFC Stock  USD 26.75  0.04  0.15%   
Hanmi Financial's implied volatility is one of the determining factors in the pricing options written on Hanmi Financial. Implied volatility approximates the future value of Hanmi Financial based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Hanmi Financial over a specific time period. For example, HAFC Option Call 20-12-2024 22 is a CALL option contract on Hanmi Financial's common stock with a strick price of 22.5 expiring on 2024-12-20. The contract was last traded on 2024-11-06 at 10:36:53 for $3.5 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $2.55, and an ask price of $7.0. The implied volatility as of the 29th of November is 21.0. View All Hanmi options

Closest to current price Hanmi long CALL Option Payoff at Expiration

Hanmi Financial's future price is the expected price of Hanmi Financial instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Hanmi Financial performance during a given time horizon utilizing its historical volatility. Check out Hanmi Financial Backtesting, Hanmi Financial Valuation, Hanmi Financial Correlation, Hanmi Financial Hype Analysis, Hanmi Financial Volatility, Hanmi Financial History as well as Hanmi Financial Performance.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.
  
At present, Hanmi Financial's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.65, whereas Price Earnings To Growth Ratio is projected to grow to (0.33). Please specify Hanmi Financial's target price for which you would like Hanmi Financial odds to be computed.

Hanmi Financial Target Price Odds to finish below 24.30

The tendency of Hanmi Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 24.30  or more in 90 days
 26.75 90 days 24.30 
about 85.33
Based on a normal probability distribution, the odds of Hanmi Financial to drop to $ 24.30  or more in 90 days from now is about 85.33 (This Hanmi Financial probability density function shows the probability of Hanmi Stock to fall within a particular range of prices over 90 days) . Probability of Hanmi Financial price to stay between $ 24.30  and its current price of $26.75 at the end of the 90-day period is about 11.58 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.78 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hanmi Financial will likely underperform. Additionally Hanmi Financial has an alpha of 0.3109, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Hanmi Financial Price Density   
       Price  

Predictive Modules for Hanmi Financial

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanmi Financial. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
23.7126.3629.01
Details
Intrinsic
Valuation
LowRealHigh
21.8724.5227.17
Details
Naive
Forecast
LowNextHigh
24.3026.9629.61
Details
6 Analysts
Consensus
LowTargetHigh
18.3820.2022.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanmi Financial. Your research has to be compared to or analyzed against Hanmi Financial's peers to derive any actionable benefits. When done correctly, Hanmi Financial's 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 Hanmi Financial.

Hanmi Financial Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanmi Financial is not an exception. The market had few large corrections towards the Hanmi Financial's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hanmi Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanmi Financial within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.31
β
Beta against Dow Jones1.78
σ
Overall volatility
2.97
Ir
Information ratio 0.15

Hanmi Financial Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hanmi Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hanmi Financial can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 92.0% of the company shares are owned by institutional investors
On 20th of November 2024 Hanmi Financial paid $ 0.25 per share dividend to its current shareholders
Latest headline from prnewswire.com: Hanmi Pharmaceutical et Beijing Hanmi font progresser les essais cliniques du BH3120, dvelopp conjointement, en tant quimmunothrapie de nouvelle gnration contre le cancer

Hanmi Financial Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hanmi Stock often depends not only on the future outlook of the current and potential Hanmi Financial's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hanmi Financial's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding30.3 M
Cash And Short Term Investments1.2 B

Hanmi Financial Technical Analysis

Hanmi Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Hanmi Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanmi Financial. In general, you should focus on analyzing Hanmi Stock price patterns and their correlations with different microeconomic environments and drivers.

Hanmi Financial Predictive Forecast Models

Hanmi Financial's time-series forecasting models is one of many Hanmi Financial's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hanmi Financial's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Hanmi Financial

Checking the ongoing alerts about Hanmi Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hanmi Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 92.0% of the company shares are owned by institutional investors
On 20th of November 2024 Hanmi Financial paid $ 0.25 per share dividend to its current shareholders
Latest headline from prnewswire.com: Hanmi Pharmaceutical et Beijing Hanmi font progresser les essais cliniques du BH3120, dvelopp conjointement, en tant quimmunothrapie de nouvelle gnration contre le cancer
When determining whether Hanmi Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanmi Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanmi Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanmi Financial Stock:
Check out Hanmi Financial Backtesting, Hanmi Financial Valuation, Hanmi Financial Correlation, Hanmi Financial Hype Analysis, Hanmi Financial Volatility, Hanmi Financial History as well as Hanmi Financial Performance.
For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks space 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 Hanmi Financial. If investors know Hanmi 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 Hanmi Financial 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
(0.21)
Dividend Share
1
Earnings Share
2.08
Revenue Per Share
7.737
Quarterly Revenue Growth
(0.08)
The market value of Hanmi Financial is measured differently than its book value, which is the value of Hanmi that is recorded on the company's balance sheet. Investors also form their own opinion of Hanmi Financial's value that differs from its market value or its book value, called intrinsic value, which is Hanmi Financial's 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 Hanmi Financial's market value can be influenced by many factors that don't directly affect Hanmi Financial's 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 Hanmi Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanmi Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanmi Financial's 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.