Hope Bancorp Inc (HOPE)
Hope Bancorp, Inc. is a prominent bank holding company headquartered in Los Angeles, California, and serves as the parent organization for Bank of Hope. Focused primarily on the financial needs of small to medium-sized businesses and individual consumers, it offers a comprehensive range of banking services, including commercial lending, deposit accounts, and wealth management solutions. With a commitment to fostering economic growth in its markets, Hope Bancorp emphasizes personalized service and community engagement, positioning itself as a key player in the regional banking sector.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 31.17% per annum.
- HOPE price at the close of January 16, 2026 was $11.70 and was lower than the bottom border of the primary price channel by $2.09 (15.15%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.20% per annum.
- HOPE price at the close of January 16, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HOPE price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2023
End date: January 27, 2025
a = 1.4370
b = 0.0007
s = 0.0842
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 31.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0842) – 1
= 40.02%
March 13, 2023 calculations
Top border of price channel:
Exp(Y540)
= Exp(a + b × X540 + 2 × s)
= Exp(a + b × 783 + 2 × s)
= Exp(1.4370 + 0.0007 × 783 + 2 × 0.0842)
= Exp(2.1874)
= $8.91
Bottom border of price channel:
Exp(Y540)
= Exp(a + b × X540 – 2 × s)
= Exp(a + b × 783 – 2 × s)
= Exp(1.4370 + 0.0007 × 783 – 2 × 0.0842)
= Exp(1.8508)
= $6.36
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,010)
= Exp(a + b × X1,010 + 2 × s)
= Exp(a + b × 1,469 + 2 × s)
= Exp(1.4370 + 0.0007 × 1,469 + 2 × 0.0842)
= Exp(2.6974)
= $14.84
Bottom border of price channel:
Exp(Y1,010)
= Exp(a + b × X1,010 – 2 × s)
= Exp(a + b × 1,469 – 2 × s)
= Exp(1.4370 + 0.0007 × 1,469 – 2 × 0.0842)
= Exp(2.3607)
= $10.60
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 31.17% per annum.
- HOPE price at the close of January 16, 2026 was $11.70 and was lower than the bottom border of the primary price channel by $2.09 (15.15%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 6, 2023
End date: January 16, 2026
a = 2.3197
b = 0.0000
s = 0.0853
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.20%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0853) – 1
= 40.68%
December 6, 2023 calculations
Top border of price channel:
Exp(Y726)
= Exp(a + b × X726 + 2 × s)
= Exp(a + b × 1,051 + 2 × s)
= Exp(2.3197 + 0.0000 × 1,051 + 2 × 0.0853)
= Exp(2.5246)
= $12.49
Bottom border of price channel:
Exp(Y726)
= Exp(a + b × X726 – 2 × s)
= Exp(a + b × 1,051 – 2 × s)
= Exp(2.3197 + 0.0000 × 1,051 – 2 × 0.0853)
= Exp(2.1833)
= $8.88
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(2.3197 + 0.0000 × 1,823 + 2 × 0.0853)
= Exp(2.5498)
= $12.80
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(2.3197 + 0.0000 × 1,823 – 2 × 0.0853)
= Exp(2.2084)
= $9.10
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 1.20% per annum.
- HOPE price at the close of January 16, 2026 was inside the secondary price channel.