Homestreet Stock Market Value

HMST Stock  USD 11.16  0.18  1.64%   
HomeStreet's market value is the price at which a share of HomeStreet trades on a public exchange. It measures the collective expectations of HomeStreet investors about its performance. HomeStreet is selling for under 11.16 as of the 28th of December 2024; that is 1.64 percent increase since the beginning of the trading day. The stock's last reported lowest price was 10.99.
With this module, you can estimate the performance of a buy and hold strategy of HomeStreet and determine expected loss or profit from investing in HomeStreet over a given investment horizon. Check out HomeStreet Correlation, HomeStreet Volatility and HomeStreet Alpha and Beta module to complement your research on HomeStreet.
For more information on how to buy HomeStreet Stock please use our How to Invest in HomeStreet guide.
Symbol

HomeStreet Price To Book Ratio

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 HomeStreet. If investors know HomeStreet 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 HomeStreet 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
(0.89)
Earnings Share
(1.29)
Revenue Per Share
9.006
Quarterly Revenue Growth
(0.21)
Return On Assets
(0)
The market value of HomeStreet is measured differently than its book value, which is the value of HomeStreet that is recorded on the company's balance sheet. Investors also form their own opinion of HomeStreet's value that differs from its market value or its book value, called intrinsic value, which is HomeStreet'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 HomeStreet's market value can be influenced by many factors that don't directly affect HomeStreet'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 HomeStreet's value and its price as these two are different measures arrived at by different means. Investors typically determine if HomeStreet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomeStreet'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.

HomeStreet 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to HomeStreet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of HomeStreet.
0.00
02/07/2023
No Change 0.00  0.0 
In 1 year 10 months and 22 days
12/28/2024
0.00
If you would invest  0.00  in HomeStreet on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding HomeStreet or generate 0.0% return on investment in HomeStreet over 690 days. HomeStreet is related to or competes with Heartland Financial, Heritage Commerce, Business First, German American, and Texas Capital. HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consum... More

HomeStreet Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure HomeStreet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess HomeStreet upside and downside potential and time the market with a certain degree of confidence.

HomeStreet Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HomeStreet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HomeStreet's standard deviation. In reality, there are many statistical measures that can use HomeStreet historical prices to predict the future HomeStreet's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of HomeStreet'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.
Hype
Prediction
LowEstimatedHigh
6.2611.4616.66
Details
Intrinsic
Valuation
LowRealHigh
4.8810.0815.28
Details
4 Analysts
Consensus
LowTargetHigh
7.638.389.30
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.28-0.22-0.25
Details

HomeStreet Backtested Returns

HomeStreet holds Efficiency (Sharpe) Ratio of -0.0739, which attests that the entity had a -0.0739% return per unit of risk over the last 3 months. HomeStreet exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HomeStreet's Market Risk Adjusted Performance of (0.16), standard deviation of 5.12, and Risk Adjusted Performance of (0.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.58, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, HomeStreet will likely underperform. At this point, HomeStreet has a negative expected return of -0.38%. Please make sure to check out HomeStreet's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if HomeStreet performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.33  

Below average predictability

HomeStreet has below average predictability. Overlapping area represents the amount of predictability between HomeStreet time series from 7th of February 2023 to 18th of January 2024 and 18th of January 2024 to 28th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of HomeStreet price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current HomeStreet price fluctuation can be explain by its past prices.
Correlation Coefficient0.33
Spearman Rank Test-0.07
Residual Average0.0
Price Variance4.31

HomeStreet lagged returns against current returns

Autocorrelation, which is HomeStreet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting HomeStreet's stock expected returns. We can calculate the autocorrelation of HomeStreet returns to help us make a trade decision. For example, suppose you find that HomeStreet has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

HomeStreet regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If HomeStreet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HomeStreet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HomeStreet stock over time.
   Current vs Lagged Prices   
       Timeline  

HomeStreet Lagged Returns

When evaluating HomeStreet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HomeStreet stock have on its future price. HomeStreet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, HomeStreet autocorrelation shows the relationship between HomeStreet stock current value and its past values and can show if there is a momentum factor associated with investing in HomeStreet.
   Regressed Prices   
       Timeline  

Thematic Opportunities

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Additional Tools for HomeStreet Stock Analysis

When running HomeStreet's price analysis, check to measure HomeStreet'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 HomeStreet is operating at the current time. Most of HomeStreet's value examination focuses on studying past and present price action to predict the probability of HomeStreet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeStreet's price. Additionally, you may evaluate how the addition of HomeStreet to your portfolios can decrease your overall portfolio volatility.