Hanover Bancorp Announces Small Business Recovery Grants to Local Non-Profit Organizations
| HNVR Stock | USD 22.32 0.12 0.53% |
Slightly above 61% of Hanover Bancorp's investor base is looking to short. The analysis of overall sentiment of trading Hanover Bancorp stock suggests that many investors are alarmed at this time. Hanover Bancorp's investing sentiment overview a quick insight into current market opportunities from investing in Hanover Bancorp. Many technical investors use Hanover Bancorp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Hanover |
MINEOLA, N.Y., Aug. 02, 2024 -- Michael P. Puorro, Chairman and Chief Executive Officer of Hanover Bancorp, Inc. the bank holding company for Hanover Community Bank, today announced grants to seventeen
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Hanover Bancorp Fundamental Analysis
We analyze Hanover Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hanover Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hanover Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Hanover Bancorp is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Hanover Bancorp Potential Pair-trading
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 Hanover Bancorp stock to make a market-neutral strategy. Peer analysis of Hanover Bancorp could also be used in its relative valuation, which is a method of valuing Hanover Bancorp by comparing valuation metrics with similar companies.
Peers
Hanover Bancorp Related Equities
| LSBK | Lake Shore | 0.98 | ||||
| HFBL | Home Federal | 0.70 | ||||
| MGYR | Magyar Bancorp | 1.41 | ||||
| CWBC | Community West | 1.90 |
Additional Tools for Hanover Stock Analysis
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