Horizon Bancorp Stock Forecast - Daily Balance Of Power

HBNC Stock  USD 17.92  0.16  0.90%   
Horizon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Horizon Bancorp stock prices and determine the direction of Horizon Bancorp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Horizon Bancorp's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Horizon Bancorp's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 112.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 25.8 M.
On November 21, 2024 Horizon Bancorp had Daily Balance Of Power of 0.1471. Balance of Power indicator (or BOP) measures the strength of Horizon Bancorp market sensitivity to bulls and bears. It estimates the ability of Horizon Bancorp buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Horizon Bancorp Balance of Power indicator one can determine a trend of the price direction.
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Horizon Bancorp Trading Date Momentum

On November 22 2024 Horizon Bancorp was traded for  18.52  at the closing time. The top price for the day was 18.60  and the lowest listed price was  18.27 . The trading volume for the day was 167.8 K. The trading history from November 22, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.31% . The trading delta at closing time against the current closing price is 1.59% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Horizon Bancorp

For every potential investor in Horizon, whether a beginner or expert, Horizon Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Horizon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Horizon. Basic forecasting techniques help filter out the noise by identifying Horizon Bancorp's price trends.

Horizon Bancorp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Horizon Bancorp stock to make a market-neutral strategy. Peer analysis of Horizon Bancorp could also be used in its relative valuation, which is a method of valuing Horizon Bancorp by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Horizon Bancorp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Horizon Bancorp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Horizon Bancorp's current price.

Horizon Bancorp Market Strength Events

Market strength indicators help investors to evaluate how Horizon 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 Horizon Bancorp shares will generate the highest return on investment. By undertsting and applying Horizon Bancorp stock market strength indicators, traders can identify Horizon Bancorp entry and exit signals to maximize returns.

Horizon Bancorp Risk Indicators

The analysis of Horizon Bancorp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Horizon Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting horizon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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 Horizon Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horizon Bancorp'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 Horizon Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horizon Bancorp Stock:
Check out Historical Fundamental Analysis of Horizon Bancorp to cross-verify your projections.
For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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 Horizon Bancorp. If investors know Horizon 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 Horizon Bancorp 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
0.108
Dividend Share
0.64
Earnings Share
0.48
Revenue Per Share
4.205
Quarterly Revenue Growth
0.069
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp'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 Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp'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 Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp'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.