Horizon Bancorp Stock Probability of Future Stock Price Finishing Under 17.63
| HBNC Stock | USD 16.11 0.05 0.31% |
Horizon |
Horizon Bancorp Target Price Odds to finish below 17.63
The tendency of Horizon 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 stay under $ 17.63 after 90 days |
| 16.11 | 90 days | 17.63 | about 74.77 |
Based on a normal probability distribution, the odds of Horizon Bancorp to stay under $ 17.63 after 90 days from now is about 74.77 (This Horizon Bancorp probability density function shows the probability of Horizon Stock to fall within a particular range of prices over 90 days) . Probability of Horizon Bancorp price to stay between its current price of $ 16.11 and $ 17.63 at the end of the 90-day period is about 41.83 .
Given the investment horizon of 90 days Horizon Bancorp has a beta of 0.22. This usually indicates as returns on the market go up, Horizon Bancorp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Horizon Bancorp will be expected to be much smaller as well. Additionally Horizon Bancorp has an alpha of 0.1492, implying that it can generate a 0.15 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Horizon Bancorp Price Density |
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Predictive Modules for Horizon Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Horizon Bancorp. 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.Horizon Bancorp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Horizon Bancorp is not an exception. The market had few large corrections towards the Horizon Bancorp'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 Horizon Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Horizon Bancorp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.15 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 1.37 | |
Ir | Information ratio | 0.06 |
Horizon Bancorp 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 Horizon Bancorp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Horizon Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from forbes.com: The AI Horizon In 2025 From Hype To Practical Impact |
Horizon Bancorp 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 Horizon Stock often depends not only on the future outlook of the current and potential Horizon Bancorp'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. Horizon Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.8 M | |
| Cash And Short Term Investments | -519.4 M |
Horizon Bancorp Technical Analysis
Horizon Bancorp's future price can be derived by breaking down and analyzing its technical indicators over time. Horizon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Horizon Bancorp. In general, you should focus on analyzing Horizon Stock price patterns and their correlations with different microeconomic environments and drivers.
Horizon Bancorp Predictive Forecast Models
Horizon Bancorp's time-series forecasting models is one of many Horizon Bancorp'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 Horizon Bancorp'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.