Hippo Holdings Stock Price on March 7, 2024

HIPO Stock  USD 32.06  3.30  11.47%   
If you're considering investing in Hippo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hippo Holdings stands at 32.06, as last reported on the 22nd of November, with the highest price reaching 32.13 and the lowest price hitting 28.53 during the day. Hippo Holdings appears to be somewhat reliable, given 3 months investment horizon. Hippo Holdings holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Hippo Holdings' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please utilize Hippo Holdings' Risk Adjusted Performance of 0.1589, market risk adjusted performance of 0.4977, and Downside Deviation of 2.88 to validate if our risk estimates are consistent with your expectations.
  
At this time, Hippo Holdings' Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Stock Based Compensation To Revenue is likely to grow to 0.44, while Common Stock Shares Outstanding is likely to drop about 15.1 M. . As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.04, while Price To Sales Ratio is likely to drop 0.97. Hippo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1807

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Estimated Market Risk

 4.74
  actual daily
42
58% of assets are more volatile

Expected Return

 0.86
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Hippo Holdings is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hippo Holdings by adding it to a well-diversified portfolio.
Price Book
2.3927
Price Sales
2.3333
Shares Float
17.1 M
Wall Street Target Price
27.6667
Earnings Share
(5.17)

Hippo Holdings Valuation on March 7, 2024

It is possible to determine the worth of Hippo Holdings on a given historical date. On March 7, 2024 Hippo was worth 19.39 at the beginning of the trading date compared to the closed value of 18.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hippo Holdings stock. Still, in general, we apply an absolute valuation method to find Hippo Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hippo Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hippo Holdings' related companies.
 Open High Low Close Volume
  17.98    19.72    14.22    19.39    1,246,384  
03/07/2024
  19.39    19.41    17.32    18.45    411,302  
  18.30    18.41    16.60    17.91    294,655  
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Open Value
19.39
18.45
Closing Value
33.61
Upside

Hippo Holdings Trading Date Momentum on March 7, 2024

On March 08 2024 Hippo Holdings was traded for  17.91  at the closing time. The top price for the day was 18.41  and the lowest listed price was  16.60 . The trading volume for the day was 294.7 K. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.93% . The trading delta at closing time against the current closing price is 5.31% .

Hippo Holdings Fundamentals Correlations and Trends

By evaluating Hippo Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hippo Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hippo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hippo Holdings Stock history

Hippo Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hippo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hippo Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hippo Holdings stock prices may prove useful in developing a viable investing in Hippo Holdings
Last ReportedProjected for Next Year
Common Stock Shares Outstanding23.6 M15.1 M
Net Loss-300.1 M-315.1 M

Hippo Holdings Stock Technical Analysis

Hippo Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hippo Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hippo Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hippo Holdings Period Price Range

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November 22, 2024
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Hippo Holdings November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Hippo Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hippo Holdings shares will generate the highest return on investment. By undertsting and applying Hippo Holdings stock market strength indicators, traders can identify Hippo Holdings entry and exit signals to maximize returns

Hippo Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hippo Holdings' price direction in advance. Along with the technical and fundamental analysis of Hippo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hippo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Hippo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hippo Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hippo Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hippo Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hippo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.