Hope Bancorp Stock Technical Analysis
HOPE Stock | USD 13.62 0.15 1.09% |
As of the 1st of December, Hope Bancorp retains the Market Risk Adjusted Performance of 0.0703, risk adjusted performance of 0.0532, and Downside Deviation of 1.76. Hope Bancorp technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hope Bancorp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Hope Bancorp is priced fairly, providing market reflects its last-minute price of 13.62 per share. Given that Hope Bancorp has jensen alpha of (0.16), we strongly advise you to confirm Hope Bancorp's regular market performance to make sure the company can sustain itself at a future point.
Hope Bancorp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hope, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HopeHope |
Hope Bancorp Analyst Consensus
Target Price | Advice | # of Analysts | |
9.8 | Buy | 5 | Odds |
Most Hope analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hope stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hope Bancorp, talking to its executives and customers, or listening to Hope conference calls.
Hope 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.
Hope Bancorp Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hope Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hope Bancorp Trend Analysis
Use this graph to draw trend lines for Hope Bancorp. You can use it to identify possible trend reversals for Hope Bancorp as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hope Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hope Bancorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hope Bancorp applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Hope Bancorp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.24, which is the sum of squared deviations for the predicted Hope Bancorp price change compared to its average price change.About Hope Bancorp Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hope Bancorp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hope Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hope Bancorp price pattern first instead of the macroeconomic environment surrounding Hope Bancorp. By analyzing Hope Bancorp's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hope Bancorp's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hope Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0382 | 0.0437 | 0.0461 | Price To Sales Ratio | 3.26 | 2.46 | 2.55 |
Hope Bancorp December 1, 2024 Technical Indicators
Most technical analysis of Hope help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hope from various momentum indicators to cycle indicators. When you analyze Hope charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0532 | |||
Market Risk Adjusted Performance | 0.0703 | |||
Mean Deviation | 1.49 | |||
Semi Deviation | 1.61 | |||
Downside Deviation | 1.76 | |||
Coefficient Of Variation | 1650.79 | |||
Standard Deviation | 2.49 | |||
Variance | 6.19 | |||
Information Ratio | 0.0053 | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.27) | |||
Sortino Ratio | 0.0074 | |||
Treynor Ratio | 0.0603 | |||
Maximum Drawdown | 19.73 | |||
Value At Risk | (2.75) | |||
Potential Upside | 3.19 | |||
Downside Variance | 3.08 | |||
Semi Variance | 2.59 | |||
Expected Short fall | (1.79) | |||
Skewness | 3.13 | |||
Kurtosis | 18.46 |
Complementary Tools for Hope Stock analysis
When running Hope Bancorp's price analysis, check to measure Hope 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 Hope Bancorp is operating at the current time. Most of Hope Bancorp's value examination focuses on studying past and present price action to predict the probability of Hope 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 Hope Bancorp's price. Additionally, you may evaluate how the addition of Hope Bancorp to your portfolios can decrease your overall portfolio volatility.
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