HUNTINGTON BANCSHARES INC Market Value

446150AM6   98.46  0.99  1.00%   
HUNTINGTON's market value is the price at which a share of HUNTINGTON trades on an exchange. It measures the collective expectations of HUNTINGTON BANCSHARES INC investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of HUNTINGTON BANCSHARES INC and determine expected loss or profit from investing in HUNTINGTON over a given investment horizon.
Check out HUNTINGTON Correlation, HUNTINGTON Volatility and HUNTINGTON Alpha and Beta module to complement your research on HUNTINGTON.
Symbol

Please note, there is a significant difference between HUNTINGTON's value and its price as these two are different measures arrived at by different means. Investors typically determine if HUNTINGTON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HUNTINGTON'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.

HUNTINGTON '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 HUNTINGTON's bond 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 HUNTINGTON.
0.00
11/21/2024
No Change 0.00  0.0 
In 31 days
12/21/2024
0.00
If you would invest  0.00  in HUNTINGTON on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding HUNTINGTON BANCSHARES INC or generate 0.0% return on investment in HUNTINGTON over 30 days. HUNTINGTON is related to or competes with Everspin Technologies, United Microelectronics, Lucid, Visteon Corp, American Axle, Jabil Circuit, and Wabash National. More

HUNTINGTON 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 HUNTINGTON's bond 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 HUNTINGTON BANCSHARES INC upside and downside potential and time the market with a certain degree of confidence.

HUNTINGTON Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for HUNTINGTON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as HUNTINGTON's standard deviation. In reality, there are many statistical measures that can use HUNTINGTON historical prices to predict the future HUNTINGTON's volatility.
Hype
Prediction
LowEstimatedHigh
98.2598.4698.67
Details
Intrinsic
Valuation
LowRealHigh
97.9498.14108.31
Details
Naive
Forecast
LowNextHigh
96.8697.0797.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
96.8498.96101.08
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as HUNTINGTON. Your research has to be compared to or analyzed against HUNTINGTON's peers to derive any actionable benefits. When done correctly, HUNTINGTON's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in HUNTINGTON BANCSHARES INC.

HUNTINGTON BANCSHARES INC Backtested Returns

HUNTINGTON BANCSHARES INC holds Efficiency (Sharpe) Ratio of -0.073, which attests that the entity had a -0.073% return per unit of volatility over the last 3 months. HUNTINGTON BANCSHARES INC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HUNTINGTON's risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The bond retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HUNTINGTON's returns are expected to increase less than the market. However, during the bear market, the loss of holding HUNTINGTON is expected to be smaller as well.

Auto-correlation

    
  -0.71  

Almost perfect reverse predictability

HUNTINGTON BANCSHARES INC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between HUNTINGTON time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 HUNTINGTON BANCSHARES INC price movement. The serial correlation of -0.71 indicates that around 71.0% of current HUNTINGTON price fluctuation can be explain by its past prices.
Correlation Coefficient-0.71
Spearman Rank Test-0.23
Residual Average0.0
Price Variance0.11

HUNTINGTON BANCSHARES INC lagged returns against current returns

Autocorrelation, which is HUNTINGTON bond'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 HUNTINGTON's bond expected returns. We can calculate the autocorrelation of HUNTINGTON returns to help us make a trade decision. For example, suppose you find that HUNTINGTON has exhibited high autocorrelation historically, and you observe that the bond 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  

HUNTINGTON 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 HUNTINGTON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if HUNTINGTON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in HUNTINGTON bond over time.
   Current vs Lagged Prices   
       Timeline  

HUNTINGTON Lagged Returns

When evaluating HUNTINGTON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of HUNTINGTON bond have on its future price. HUNTINGTON 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, HUNTINGTON autocorrelation shows the relationship between HUNTINGTON bond current value and its past values and can show if there is a momentum factor associated with investing in HUNTINGTON BANCSHARES INC.
   Regressed Prices   
       Timeline  

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Other Information on Investing in HUNTINGTON Bond

HUNTINGTON financial ratios help investors to determine whether HUNTINGTON Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HUNTINGTON with respect to the benefits of owning HUNTINGTON security.