Hove AS Financials
| HOVE Stock | 3.23 0.07 2.12% |
Hove |
Understanding current and past Hove AS Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hove AS's financial statements are interrelated, with each one affecting the others. For example, an increase in Hove AS's assets may result in an increase in income on the income statement.
| Instrument | Denmark Stock View All |
| Exchange | Copenhagen Exchange |
| ISIN | DK0061675279 |
| Business Address | HerstedA stervej 7, |
| Benchmark | Dow Jones Industrial |
| Website | www.hove-as.dk |
| Phone | 45 70 22 10 22 |
You should never invest in Hove AS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hove Stock, because this is throwing your money away. Analyzing the key information contained in Hove AS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hove AS Key Financial Ratios
Hove AS's financial ratios allow both analysts and investors to convert raw data from Hove AS's financial statements into concise, actionable information that can be used to evaluate the performance of Hove AS over time and compare it to other companies across industries.Hove Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hove AS's current stock value. Our valuation model uses many indicators to compare Hove AS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hove AS competition to find correlations between indicators driving Hove AS's intrinsic value. More Info.Hove AS is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hove AS is roughly 2.01 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hove AS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hove AS's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hove AS Systematic Risk
Hove AS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hove AS volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Hove AS correlated with the market. If Beta is less than 0 Hove AS generally moves in the opposite direction as compared to the market. If Hove AS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hove AS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hove AS is generally in the same direction as the market. If Beta > 1 Hove AS moves generally in the same direction as, but more than the movement of the benchmark.
Hove AS November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hove AS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hove AS. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hove AS based on widely used predictive technical indicators. In general, we focus on analyzing Hove Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hove AS's daily price indicators and compare them against related drivers.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 22.22 | |||
| Value At Risk | (5.38) | |||
| Potential Upside | 4.67 |
Other Information on Investing in Hove Stock
Hove AS financial ratios help investors to determine whether Hove Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hove with respect to the benefits of owning Hove AS security.