Heritage Financial Stock Probability of Future Stock Price Finishing Under 24.02
| HFWA Stock | USD 25.67 0.81 3.06% |
Heritage |
Heritage Financial Target Price Odds to finish below 24.02
The tendency of Heritage 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 $ 24.02 or more in 90 days |
| 25.67 | 90 days | 24.02 | about 54.33 |
Based on a normal probability distribution, the odds of Heritage Financial to drop to $ 24.02 or more in 90 days from now is about 54.33 (This Heritage Financial probability density function shows the probability of Heritage Stock to fall within a particular range of prices over 90 days) . Probability of Heritage Financial price to stay between $ 24.02 and its current price of $25.67 at the end of the 90-day period is about 25.1 .
Given the investment horizon of 90 days Heritage Financial has a beta of 0.33. This usually indicates as returns on the market go up, Heritage Financial average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Heritage Financial will be expected to be much smaller as well. Additionally Heritage Financial has an alpha of 0.2718, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Heritage Financial Price Density |
| Price |
Predictive Modules for Heritage 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 Heritage 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Heritage Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Heritage Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Heritage Financial is not an exception. The market had few large corrections towards the Heritage 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 Heritage Financial, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Heritage Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | 0.33 | |
σ | Overall volatility | 2.31 | |
Ir | Information ratio | 0.10 |
Heritage 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 Heritage Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Heritage 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.| Heritage Financial has a strong financial position based on the latest SEC filings | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Heritage Financial paid $ 0.23 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Longtime Kansas City pizza place sold to fast-growing local restaurant group |
Heritage 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 Heritage Stock often depends not only on the future outlook of the current and potential Heritage 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. Heritage Financial's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.3 M | |
| Cash And Short Term Investments | 1.2 B |
Heritage Financial Technical Analysis
Heritage Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Heritage Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Heritage Financial. In general, you should focus on analyzing Heritage Stock price patterns and their correlations with different microeconomic environments and drivers.
Heritage Financial Predictive Forecast Models
Heritage Financial's time-series forecasting models is one of many Heritage 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 Heritage 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 Heritage Financial
Checking the ongoing alerts about Heritage Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Heritage Financial help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Heritage Financial has a strong financial position based on the latest SEC filings | |
| Over 83.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Heritage Financial paid $ 0.23 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Longtime Kansas City pizza place sold to fast-growing local restaurant group |
Check out Heritage Financial Backtesting, Heritage Financial Valuation, Heritage Financial Correlation, Heritage Financial Hype Analysis, Heritage Financial Volatility, Heritage Financial History as well as Heritage Financial Performance. For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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 Heritage Financial. If investors know Heritage 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 Heritage 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 (0.35) | Dividend Share 0.91 | Earnings Share 1.08 | Revenue Per Share 5.885 | Quarterly Revenue Growth (0.17) |
The market value of Heritage Financial is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage 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 Heritage Financial's market value can be influenced by many factors that don't directly affect Heritage 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 Heritage Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage 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.