Clover Price Book Value Ratio from 2010 to 2024

CLOV Stock  USD 3.36  0.01  0.30%   
Clover Health Price Book Value Ratio yearly trend continues to be fairly stable with very little volatility. Price Book Value Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Clover Health Price Book Value Ratio regression line of quarterly data had r-squared of  0.02 and coefficient of variation of (386.84). View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
1.60296616
Current Value
1.68
Quarterly Volatility
15.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
  
Check out the analysis of Clover Health Correlation against competitors.

Latest Clover Health's Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Clover Health Investments over the last few years. It is Clover Health's Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Pretty Stable
   Price Book Value Ratio   
       Timeline  

Clover Price Book Value Ratio Regression Statistics

Arithmetic Mean(3,996)
Coefficient Of Variation(386.84)
Mean Deviation7,451
Median(7.82)
Standard Deviation15,459
Sample Variance239M
Range59.9K
R-Value(0.12)
Mean Square Error253.4M
R-Squared0.02
Significance0.66
Slope(426.83)
Total Sum of Squares3.3B

Clover Price Book Value Ratio History

2024 1.68
2023 1.6
2022 1.27
2021 2.85
2020 -2.62
2019-59.9 K

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 1.60  1.68 

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Additional Tools for Clover Stock Analysis

When running Clover Health's price analysis, check to measure Clover Health'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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.