Hanover Bancorp Stock Performance
| HNVR Stock | USD 23.74 1.73 6.79% |
On a scale of 0 to 100, Hanover Bancorp holds a performance score of 13. The company retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hanover Bancorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanover Bancorp is expected to be smaller as well. Please check Hanover Bancorp's maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Hanover Bancorp's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hanover Bancorp are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. Even with relatively conflicting basic indicators, Hanover Bancorp reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (6.79) | Five Day Return (5.38) | Year To Date Return 35.5 | Ten Year Return 12.51 | All Time Return 12.51 |
Forward Dividend Yield 0.0169 | Payout Ratio 0.2424 | Forward Dividend Rate 0.4 | Dividend Date 2024-11-13 | Ex Dividend Date 2024-11-06 |
1 | Hanover Bancorp Inc Shares Gap Down to 19.58 on Oct 17 | 10/17/2024 |
2 | Hanover Bancorp,Inc. Reports Third Quarter 2024 Results and Declares 0.10 Quarterly Cash Dividend | 10/23/2024 |
3 | Traditions Bancorp Announces Quarterly Cash Dividend - StockTitan | 10/24/2024 |
4 | Acquisition by Okun Philip A of 500 shares of Hanover Bancorp at 16.25 subject to Rule 16b-3 | 10/28/2024 |
5 | What Makes Hanover Bancorp a Good Fit for Trend Investing | 11/08/2024 |
| Hanover Bancorp dividend paid on 13th of November 2024 | 11/13/2024 |
6 | Hanover Bancorp Reports Q3 2024 Financial Results - TipRanks | 11/20/2024 |
7 | Acquisition by Sisti Elena of 215 shares of Hanover Bancorp at 23.48 subject to Rule 16b-3 | 11/22/2024 |
8 | Acquisition by Puorro Michael P of 41840 shares of Hanover Bancorp at 10.0 subject to Rule 16b-3 | 11/26/2024 |
9 | Disposition of 216 shares by John Vivona of Hanover Bancorp at 25.19 subject to Rule 16b-3 | 11/29/2024 |
10 | Heres What Could Help Hanover Bancorp Maintain Its Recent Price Strength | 12/06/2024 |
11 | Disposition of 2500 shares by Golden Robert of Hanover Bancorp at 25.5 subject to Rule 16b-3 | 12/10/2024 |
12 | Hanover Bancorp director Robert Golden sells 63,750 in stock | 12/11/2024 |
| Begin Period Cash Flow | 149.9 M |
Hanover |
Hanover Bancorp Relative Risk vs. Return Landscape
If you would invest 1,861 in Hanover Bancorp on September 23, 2024 and sell it today you would earn a total of 513.00 from holding Hanover Bancorp or generate 27.57% return on investment over 90 days. Hanover Bancorp is currently generating 0.4021% in daily expected returns and assumes 2.3353% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Hanover, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Hanover Bancorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanover Bancorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hanover Bancorp, and traders can use it to determine the average amount a Hanover Bancorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1722
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Hanover Bancorp is performing at about 13% of its full potential. 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 Hanover Bancorp by adding it to a well-diversified portfolio.
Hanover Bancorp Fundamentals Growth
Hanover Stock prices reflect investors' perceptions of the future prospects and financial health of Hanover Bancorp, and Hanover Bancorp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hanover Stock performance.
| Return On Equity | 0.078 | ||||
| Return On Asset | 0.0066 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.30 % | ||||
| Current Valuation | 194.66 M | ||||
| Shares Outstanding | 7.15 M | ||||
| Price To Earning | 5.38 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 2.65 X | ||||
| Revenue | 63.34 M | ||||
| Gross Profit | 65.68 M | ||||
| EBITDA | 1.77 M | ||||
| Net Income | 15.16 M | ||||
| Cash And Equivalents | 133.97 M | ||||
| Cash Per Share | 18.37 X | ||||
| Total Debt | 215.37 M | ||||
| Book Value Per Share | 25.95 X | ||||
| Cash Flow From Operations | 16.4 M | ||||
| Earnings Per Share | 1.84 X | ||||
| Market Capitalization | 169.8 M | ||||
| Total Asset | 2.15 B | ||||
| Retained Earnings | 58.69 M | ||||
About Hanover Bancorp Performance
Assessing Hanover Bancorp's fundamental ratios provides investors with valuable insights into Hanover Bancorp's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hanover Bancorp is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.02 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Hanover Bancorp performance evaluation
Checking the ongoing alerts about Hanover Bancorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hanover Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hanover Bancorp has a poor financial position based on the latest SEC disclosures | |
| About 31.0% of the company shares are held by company insiders | |
| On 13th of November 2024 Hanover Bancorp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from investing.com: Hanover Bancorp director Robert Golden sells 63,750 in stock |
- Analyzing Hanover Bancorp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hanover Bancorp's stock is overvalued or undervalued compared to its peers.
- Examining Hanover Bancorp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hanover Bancorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanover Bancorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanover Bancorp's stock. These opinions can provide insight into Hanover Bancorp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hanover Stock Analysis
When running Hanover Bancorp's price analysis, check to measure Hanover 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 Hanover Bancorp is operating at the current time. Most of Hanover Bancorp's value examination focuses on studying past and present price action to predict the probability of Hanover 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 Hanover Bancorp's price. Additionally, you may evaluate how the addition of Hanover Bancorp to your portfolios can decrease your overall portfolio volatility.