Hanmi Financial Stock Market Value
| HAFC Stock | USD 26.75 0.04 0.15% |
| Symbol | Hanmi |
Hanmi Financial Price To Book Ratio
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.
Hanmi 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 Hanmi Financial's 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 Hanmi Financial.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Hanmi Financial on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Hanmi Financial or generate 0.0% return on investment in Hanmi Financial over 30 days. Hanmi Financial is related to or competes with OP Bancorp, PCB Bancorp, Heritage Commerce, Riverview Bancorp, Hope Bancorp, Northeast Bancorp, and RBB Bancorp. Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and s... More
Hanmi 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 Hanmi Financial's 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 Hanmi Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.99 | |||
| Information Ratio | 0.1538 | |||
| Maximum Drawdown | 15.75 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.47 |
Hanmi Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanmi Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hanmi Financial's standard deviation. In reality, there are many statistical measures that can use Hanmi Financial historical prices to predict the future Hanmi Financial's volatility.| Risk Adjusted Performance | 0.1618 | |||
| Jensen Alpha | 0.3109 | |||
| Total Risk Alpha | 0.1238 | |||
| Sortino Ratio | 0.2007 | |||
| Treynor Ratio | 0.2904 |
Hanmi Financial Backtested Returns
Hanmi Financial appears to be very steady, given 3 months investment horizon. Hanmi Financial holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Hanmi Financial's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Hanmi Financial's Market Risk Adjusted Performance of 0.3004, risk adjusted performance of 0.1618, and Downside Deviation of 1.99 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Hanmi Financial holds a performance score of 16. The company retains a Market Volatility (i.e., Beta) of 1.78, 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, Hanmi Financial will likely underperform. Please check Hanmi Financial's jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside , to make a quick decision on whether Hanmi Financial's current trending patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Hanmi Financial has very good predictability. Overlapping area represents the amount of predictability between Hanmi Financial time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Hanmi Financial price movement. The serial correlation of 0.81 indicates that around 81.0% of current Hanmi Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Hanmi Financial lagged returns against current returns
Autocorrelation, which is Hanmi Financial 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 Hanmi Financial's stock expected returns. We can calculate the autocorrelation of Hanmi Financial returns to help us make a trade decision. For example, suppose you find that Hanmi Financial 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 |
Hanmi 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 Hanmi Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hanmi Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hanmi Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Hanmi Financial Lagged Returns
When evaluating Hanmi Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hanmi Financial stock have on its future price. Hanmi 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, Hanmi Financial autocorrelation shows the relationship between Hanmi Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Hanmi Financial.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Correlation, Hanmi Financial Volatility and Hanmi Financial Alpha and Beta module to complement your research on Hanmi Financial. For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Hanmi Financial 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.