Hanover Bancorp Stock Alpha and Beta Analysis
| HNVR Stock | USD 23.74 1.73 6.79% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hanover Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hanover Bancorp over a specified time horizon. Remember, high Hanover Bancorp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Hanover Bancorp's market risk premium analysis include:
Beta 0.35 | Alpha 0.42 | Risk 2.34 | Sharpe Ratio 0.17 | Expected Return 0.4 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Hanover |
Hanover Bancorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hanover Bancorp market risk premium is the additional return an investor will receive from holding Hanover Bancorp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hanover Bancorp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hanover Bancorp's performance over market.| α | 0.42 | β | 0.35 |
Hanover Bancorp expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hanover Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how Hanover Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hanover Bancorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Hanover Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanover Bancorp shares will generate the highest return on investment. By understating and applying Hanover Bancorp stock market price indicators, traders can identify Hanover Bancorp position entry and exit signals to maximize returns.
Hanover Bancorp Return and Market Media
The median price of Hanover Bancorp for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 20.32 with a coefficient of variation of 13.41. The daily time series for the period is distributed with a sample standard deviation of 2.84, arithmetic mean of 21.17, and mean deviation of 2.52. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Hanover Bancorp Inc Shares Gap Down to 19.58 on Oct 17 | 10/17/2024 |
2 | Hanover Bancorp,Inc. Reports Third Quarter 2024 Results and Declares 0.10 Quarterly Cash Dividend | 10/23/2024 |
3 | Traditions Bancorp Announces Quarterly Cash Dividend - StockTitan | 10/24/2024 |
4 | Acquisition by Okun Philip A of 500 shares of Hanover Bancorp at 16.25 subject to Rule 16b-3 | 10/28/2024 |
5 | What Makes Hanover Bancorp a Good Fit for Trend Investing | 11/08/2024 |
| Hanover Bancorp dividend paid on 13th of November 2024 | 11/13/2024 |
6 | Hanover Bancorp Reports Q3 2024 Financial Results - TipRanks | 11/20/2024 |
7 | Acquisition by Sisti Elena of 215 shares of Hanover Bancorp at 23.48 subject to Rule 16b-3 | 11/22/2024 |
8 | Acquisition by Puorro Michael P of 41840 shares of Hanover Bancorp at 10.0 subject to Rule 16b-3 | 11/26/2024 |
9 | Disposition of 216 shares by John Vivona of Hanover Bancorp at 25.19 subject to Rule 16b-3 | 11/29/2024 |
10 | Heres What Could Help Hanover Bancorp Maintain Its Recent Price Strength | 12/06/2024 |
11 | Disposition of 2500 shares by Golden Robert of Hanover Bancorp at 25.5 subject to Rule 16b-3 | 12/10/2024 |
12 | Hanover Bancorp director Robert Golden sells 63,750 in stock | 12/11/2024 |
About Hanover Bancorp Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hanover or other stocks. Alpha measures the amount that position in Hanover Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.023 | 0.0207 | 0.0162 | Price To Sales Ratio | 2.13 | 1.91 | 1.82 |
Hanover Bancorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Hanover Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hanover Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hanover Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hanover Bancorp. Please utilize our Beneish M Score to check the likelihood of Hanover Bancorp's management manipulating its earnings.
| 25th of April 2024 Upcoming Quarterly Report | View | |
| 25th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 24th of October 2024 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Build Portfolio with Hanover Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for Hanover Stock Analysis
When running Hanover Bancorp's price analysis, check to measure Hanover Bancorp'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 Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.