Hometrust Bancshares Stock Probability of Future Stock Price Finishing Under 26.50
| HTBI Stock | USD 34.12 0.23 0.68% |
HomeTrust |
HomeTrust Bancshares Target Price Odds to finish below 26.50
The tendency of HomeTrust 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 Price | Horizon | Target Price | Odds to drop to $ 26.50 or more in 90 days |
| 34.12 | 90 days | 26.50 | near 1 |
Based on a normal probability distribution, the odds of HomeTrust Bancshares to drop to $ 26.50 or more in 90 days from now is near 1 (This HomeTrust Bancshares probability density function shows the probability of HomeTrust Stock to fall within a particular range of prices over 90 days) . Probability of HomeTrust Bancshares price to stay between $ 26.50 and its current price of $34.12 at the end of the 90-day period is about 30.21 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.03 . 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, HomeTrust Bancshares will likely underperform. Additionally HomeTrust Bancshares has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. HomeTrust Bancshares Price Density |
| Price |
Predictive Modules for HomeTrust Bancshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as HomeTrust Bancshares. 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.HomeTrust Bancshares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. HomeTrust Bancshares is not an exception. The market had few large corrections towards the HomeTrust Bancshares' 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 HomeTrust Bancshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of HomeTrust Bancshares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 2.03 | |
σ | Overall volatility | 1.97 | |
Ir | Information ratio | -0.04 |
HomeTrust Bancshares 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 HomeTrust Bancshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for HomeTrust Bancshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| HomeTrust Bancshares generated a negative expected return over the last 90 days | |
| HomeTrust Bancshares currently holds about 121.69 M in cash with (42.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.85. | |
| HomeTrust Bancshares has a frail financial position based on the latest SEC disclosures | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| On 27th of November 2024 HomeTrust Bancshares paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Is Now The Time To Put HomeTrust Bancshares On Your Watchlist |
HomeTrust Bancshares 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 HomeTrust Stock often depends not only on the future outlook of the current and potential HomeTrust Bancshares' 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. HomeTrust Bancshares' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.8 M | |
| Cash And Short Term Investments | 488.6 M |
HomeTrust Bancshares Technical Analysis
HomeTrust Bancshares' future price can be derived by breaking down and analyzing its technical indicators over time. HomeTrust Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of HomeTrust Bancshares. In general, you should focus on analyzing HomeTrust Stock price patterns and their correlations with different microeconomic environments and drivers.
HomeTrust Bancshares Predictive Forecast Models
HomeTrust Bancshares' time-series forecasting models is one of many HomeTrust Bancshares' 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 HomeTrust Bancshares' 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 HomeTrust Bancshares
Checking the ongoing alerts about HomeTrust Bancshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for HomeTrust Bancshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| HomeTrust Bancshares generated a negative expected return over the last 90 days | |
| HomeTrust Bancshares currently holds about 121.69 M in cash with (42.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.85. | |
| HomeTrust Bancshares has a frail financial position based on the latest SEC disclosures | |
| Roughly 58.0% of the company shares are owned by institutional investors | |
| On 27th of November 2024 HomeTrust Bancshares paid $ 0.12 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Is Now The Time To Put HomeTrust Bancshares On Your Watchlist |
Check out HomeTrust Bancshares Backtesting, HomeTrust Bancshares Valuation, HomeTrust Bancshares Correlation, HomeTrust Bancshares Hype Analysis, HomeTrust Bancshares Volatility, HomeTrust Bancshares History as well as HomeTrust Bancshares Performance. For more detail on how to invest in HomeTrust Stock please use our How to Invest in HomeTrust Bancshares guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 HomeTrust Bancshares. If investors know HomeTrust 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 HomeTrust 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 (0.13) | Dividend Share 0.76 | Earnings Share 2.97 | Revenue Per Share 10.977 | Quarterly Revenue Growth (0.02) |
The market value of HomeTrust Bancshares is measured differently than its book value, which is the value of HomeTrust that is recorded on the company's balance sheet. Investors also form their own opinion of HomeTrust Bancshares' value that differs from its market value or its book value, called intrinsic value, which is HomeTrust 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 HomeTrust Bancshares' market value can be influenced by many factors that don't directly affect HomeTrust 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 HomeTrust Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if HomeTrust Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomeTrust 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.