Hippo Competitors
| HIPO Stock | USD 28.33 0.23 0.81% |
Hippo Holdings vs United Fire Correlation
Modest diversification
The correlation between Hippo Holdings and UFCS is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hippo Holdings and UFCS in the same portfolio, assuming nothing else is changed.
Moving against Hippo Stock
Hippo Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Hippo Holdings and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Hippo and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Hippo Holdings does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Hippo Stock performing well and Hippo Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Hippo Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMSF | 1.08 | (0.08) | 0.00 | (0.14) | 0.00 | 1.96 | 7.84 | |||
| EIG | 0.95 | 0.21 | 0.12 | 0.66 | 1.00 | 2.14 | 6.46 | |||
| BHF | 0.82 | 0.40 | 1.00 | (0.59) | 0.00 | 0.47 | 27.55 | |||
| HRTG | 2.25 | 0.02 | (0.01) | 0.18 | 2.90 | 4.24 | 19.93 | |||
| UVE | 1.53 | (0.06) | 0.00 | (0.21) | 0.00 | 3.05 | 9.97 | |||
| BOW | 1.74 | (0.06) | 0.00 | (0.12) | 0.00 | 3.19 | 11.58 | |||
| ASIC | 1.79 | (0.02) | 0.00 | 0.28 | 0.00 | 3.97 | 8.64 | |||
| FMBH | 1.22 | 0.19 | 0.15 | 0.26 | 1.03 | 3.52 | 9.25 | |||
| ESQ | 1.51 | 0.15 | 0.10 | 0.22 | 1.38 | 4.24 | 8.48 | |||
| UFCS | 1.12 | 0.00 | (0.04) | 0.08 | 1.25 | 2.06 | 5.43 |
Hippo Holdings Competitive Analysis
The better you understand Hippo Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Hippo Holdings' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Hippo Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Hippo Holdings Competition Performance Charts
Five steps to successful analysis of Hippo Holdings Competition
Hippo Holdings' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Hippo Holdings in relation to its competition. Hippo Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Hippo Holdings in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Hippo Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Hippo Holdings, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Hippo Holdings position
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Check out Hippo Holdings Correlation with its peers. To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Will Insurance Brokers sector continue expanding? Could Hippo diversify its offerings? Factors like these will boost the valuation of Hippo Holdings. Market participants price Hippo higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Hippo Holdings data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Hippo Holdings is measured differently than its book value, which is the value of Hippo that is recorded on the company's balance sheet. Investors also form their own opinion of Hippo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hippo Holdings' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Hippo Holdings' market value can be influenced by many factors that don't directly affect Hippo Holdings' 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 Hippo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hippo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Hippo Holdings' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.