Horace Interest Coverage from 2010 to 2026
| HMN Stock | USD 43.59 0.16 0.37% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 36.04120879 | Current Value 37.84 | Quarterly Volatility 10.76191146 |
Check Horace Mann financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horace Mann's main balance sheet or income statement drivers, such as Interest Expense of 37 M, Selling General Administrative of 171.4 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.0192 or PTB Ratio of 1.52. Horace financial statements analysis is a perfect complement when working with Horace Mann Valuation or Volatility modules.
Horace | Interest Coverage | Build AI portfolio with Horace Stock |
Evaluating Horace Mann's Interest Coverage across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Horace Mann Educators's fundamental strength.
Latest Horace Mann's Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of Horace Mann Educators over the last few years. It is Horace Mann's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horace Mann's overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
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Interest Coverage |
| Timeline |
Horace Interest Coverage Regression Statistics
| Arithmetic Mean | 11.09 | |
| Geometric Mean | 6.70 | |
| Coefficient Of Variation | 97.03 | |
| Mean Deviation | 7.03 | |
| Median | 9.87 | |
| Standard Deviation | 10.76 | |
| Sample Variance | 115.82 | |
| Range | 37.129 | |
| R-Value | 0.46 | |
| Mean Square Error | 96.92 | |
| R-Squared | 0.22 | |
| Significance | 0.06 | |
| Slope | 0.99 | |
| Total Sum of Squares | 1,853 |
Horace Interest Coverage History
About Horace Mann Financial Statements
Horace Mann investors utilize fundamental indicators, such as Interest Coverage, to predict how Horace 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 | ||
| Interest Coverage | 36.04 | 37.84 |
Pair Trading with Horace Mann
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 Horace Mann 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 Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
Moving against Horace Stock
| 0.51 | 65J | SAGA PLC LS | PairCorr |
| 0.49 | SAGA | Saga plc | PairCorr |
| 0.48 | LIE | Sun Life Financial | PairCorr |
| 0.46 | SLF | Sun Life Financial | PairCorr |
| 0.43 | UN9 | UNIQA Insurance Group | PairCorr |
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann 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 Horace Mann - 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 Horace Mann Educators to buy it.
The correlation of Horace Mann 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 Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators 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 Horace Mann 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 Horace Mann Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Will Multi-line Insurance sector continue expanding? Could Horace diversify its offerings? Factors like these will boost the valuation of Horace Mann. Market participants price Horace higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Horace Mann data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.05) | Dividend Share 1.4 | Earnings Share 3.95 | Revenue Per Share | Quarterly Revenue Growth 0.063 |
Horace Mann Educators's market price often diverges from its book value, the accounting figure shown on Horace's balance sheet. Smart investors calculate Horace Mann's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Horace Mann's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's 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.