Hippo Net Invested Capital from 2010 to 2024
| HIPO Stock | USD 32.06 3.30 11.47% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 377.9 M | Current Value 522.7 M | Quarterly Volatility 253.2 M |
Check Hippo Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hippo Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.1 M, Interest Expense of 2.7 M or Selling General Administrative of 64.6 M, as well as many indicators such as Price To Sales Ratio of 0.97, Dividend Yield of 0.0 or PTB Ratio of 0.54. Hippo financial statements analysis is a perfect complement when working with Hippo Holdings Valuation or Volatility modules.
Hippo | Net Invested Capital |
Latest Hippo Holdings' Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Hippo Holdings over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Hippo Holdings' Net Invested Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hippo Holdings' overall financial position and show how it may be relating to other accounts over time.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Hippo Net Invested Capital Regression Statistics
| Arithmetic Mean | 210,501,333 | |
| Geometric Mean | 126,345,128 | |
| Coefficient Of Variation | 120.28 | |
| Mean Deviation | 201,081,956 | |
| Median | 73,400,000 | |
| Standard Deviation | 253,199,493 | |
| Sample Variance | 64110T | |
| Range | 786.2M | |
| R-Value | 0.67 | |
| Mean Square Error | 37590.9T | |
| R-Squared | 0.46 | |
| Significance | 0.01 | |
| Slope | 38,212,643 | |
| Total Sum of Squares | 897539.8T |
Hippo Net Invested Capital History
About Hippo Holdings Financial Statements
Hippo Holdings investors utilize fundamental indicators, such as Net Invested Capital, to predict how Hippo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 377.9 M | 522.7 M |
Pair Trading with Hippo Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hippo Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hippo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Hippo Stock
| 0.75 | AGO | Assured Guaranty | PairCorr |
| 0.7 | AXS | AXIS Capital Holdings | PairCorr |
| 0.88 | EIG | Employers Holdings | PairCorr |
Moving against Hippo Stock
| 0.83 | ESNT | Essent Group | PairCorr |
| 0.73 | NMIH | NMI Holdings | PairCorr |
| 0.65 | ACT | Enact Holdings | PairCorr |
| 0.62 | JRVR | James River Group | PairCorr |
| 0.35 | MTG | MGIC Investment Corp | PairCorr |
The ability to find closely correlated positions to Hippo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hippo Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hippo Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hippo Holdings to buy it.
The correlation of Hippo Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hippo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hippo Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hippo Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Hippo Holdings Correlation against competitors. To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Insurance Brokers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hippo Holdings. If investors know Hippo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hippo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.17) | Revenue Per Share 13.671 | Quarterly Revenue Growth 0.655 | Return On Assets (0.05) | Return On Equity (0.31) |
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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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. However, Hippo Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.