Horizon Bancorp Stock Price on October 16, 2024
HBNC Stock | USD 16.62 0.05 0.30% |
Below is the normalized historical share price chart for Horizon Bancorp extending back to August 04, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Horizon Bancorp stands at 16.62, as last reported on the 27th of February, with the highest price reaching 16.67 and the lowest price hitting 16.05 during the day.
If you're considering investing in Horizon Stock, it is important to understand the factors that can impact its price. Horizon Bancorp holds Efficiency (Sharpe) Ratio of -0.0779, which attests that the entity had a -0.0779 % return per unit of risk over the last 3 months. Horizon Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Horizon Bancorp's Risk Adjusted Performance of (0.04), market risk adjusted performance of 0.6046, and Standard Deviation of 1.66 to validate the risk estimate we provide.
At present, Horizon Bancorp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 430.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 25.8 M. . At present, Horizon Bancorp's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 16.17, whereas Price To Sales Ratio is forecasted to decline to 3.30. Horizon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of December 2001 | 200 Day MA 15.2911 | 50 Day MA 16.58 | Beta 1.063 |
Horizon |
Sharpe Ratio = -0.0779
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Estimated Market Risk
1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Horizon Bancorp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Bancorp by adding Horizon Bancorp to a well-diversified portfolio.
Price Book 0.9465 | Price Sales 3.9339 | Shares Float 41.8 M | Dividend Share 0.64 | Wall Street Target Price 19.7 |
Related Headline
Great Southern Headline on 16th of October 2024
Great Southern Bancorp, Inc. Reports Preliminary Third Quart... by finance.yahoo.com
Preliminary Financial Results and Business Update for the Quarter and Nine Months Ended September 30, 2024SPRINGFIELD, Mo., Oct. 16, 2024 -- Great Southern Bancorp, Inc. , the holding company for Great Southern Bank, today reported that preliminary earnings for the three months ended September 30, 2024, were 1.41 per diluted common share compared to 1.33 per diluted common share for the three months ended Septe
Horizon Bancorp Valuation on October 16, 2024
It is possible to determine the worth of Horizon Bancorp on a given historical date. On October 16, 2024 Horizon was worth 15.67 at the beginning of the trading date compared to the closed value of 15.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Horizon Bancorp stock. Still, in general, we apply an absolute valuation method to find Horizon Bancorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Horizon Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Horizon Bancorp's related companies.
Open | High | Low | Close | Volume | |
15.27 | 15.89 | 15.20 | 15.46 | 113,047 | |
10/16/2024 | 15.67 | 15.88 | 15.59 | 15.64 | 151,908 |
15.63 | 15.73 | 15.44 | 15.71 | 115,841 |
Backtest Horizon Bancorp | | | Horizon Bancorp History | | | Horizon Bancorp Valuation | Previous | Next |
Horizon Bancorp Trading Date Momentum on October 16, 2024
On October 17 2024 Horizon Bancorp was traded for 15.71 at the closing time. The top price for the day was 15.73 and the lowest listed price was 15.44 . The trading volume for the day was 115.8 K. The trading history from October 17, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.45% . The trading delta at closing time against the current closing price is 2.05% . |
Horizon Bancorp Fundamentals Correlations and Trends
By evaluating Horizon Bancorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Horizon Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Horizon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Horizon Bancorp Stock history
Horizon Bancorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Horizon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Horizon Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Horizon Bancorp stock prices may prove useful in developing a viable investing in Horizon Bancorp
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 50.4 M | 25.8 M | |
Net Income Applicable To Common Shares | 107.4 M | 112.8 M |
Horizon Bancorp Stock Technical Analysis
Horizon Bancorp 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.
Price Boundaries
Horizon Bancorp Period Price Range
Low | February 27, 2025
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0.00 | 0.00 |
Horizon Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Horizon Bancorp February 27, 2025 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Horizon Bancorp's price direction in advance. Along with the technical and fundamental analysis of Horizon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Horizon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.1) | |||
Treynor Ratio | 0.5946 |
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Volume Indicators |
Complementary Tools for Horizon Stock analysis
When running Horizon Bancorp's price analysis, check to measure Horizon 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 Horizon Bancorp is operating at the current time. Most of Horizon Bancorp's value examination focuses on studying past and present price action to predict the probability of Horizon 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 Horizon Bancorp's price. Additionally, you may evaluate how the addition of Horizon Bancorp to your portfolios can decrease your overall portfolio volatility.
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