Hovnanian Enterprises Pfd Preferred Stock Performance
| HOVNP Preferred Stock | USD 17.85 0.19 1.08% |
Hovnanian Enterprises has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0077, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hovnanian Enterprises are expected to decrease at a much lower rate. During the bear market, Hovnanian Enterprises is likely to outperform the market. Hovnanian Enterprises PFD right now retains a risk of 0.41%. Please check out Hovnanian Enterprises potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Hovnanian Enterprises will be following its current trending patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Hovnanian Enterprises PFD are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Hovnanian Enterprises is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return (0.11) | Five Day Return (0.11) | Year To Date Return (3.23) | Ten Year Return 10.38 | All Time Return (29.13) |
| Begin Period Cash Flow | 311.4 M | |
| Total Cashflows From Investing Activities | -2.2 M |
Hovnanian |
Hovnanian Enterprises Relative Risk vs. Return Landscape
If you would invest 1,751 in Hovnanian Enterprises PFD on August 31, 2024 and sell it today you would earn a total of 15.00 from holding Hovnanian Enterprises PFD or generate 0.86% return on investment over 90 days. Hovnanian Enterprises PFD is currently producing 0.0144% returns and takes up 0.4124% volatility of returns over 90 trading days. Put another way, 3% of traded preferred stocks are less volatile than Hovnanian, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hovnanian Enterprises Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hovnanian Enterprises' investment risk. Standard deviation is the most common way to measure market volatility of preferred stocks, such as Hovnanian Enterprises PFD, and traders can use it to determine the average amount a Hovnanian Enterprises' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0348
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| Negative Returns | HOVNP |
Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hovnanian Enterprises is performing at about 2% 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 Hovnanian Enterprises by adding it to a well-diversified portfolio.
Hovnanian Enterprises Fundamentals Growth
Hovnanian Preferred Stock prices reflect investors' perceptions of the future prospects and financial health of Hovnanian Enterprises, and Hovnanian Enterprises fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hovnanian Preferred Stock performance.
| Price To Earning | (63.64) X | ||||
| Revenue | 2.92 B | ||||
| EBITDA | 372.55 M | ||||
| Cash And Equivalents | 248.82 M | ||||
| Cash Per Share | 1.68 X | ||||
| Total Debt | 1.29 B | ||||
| Book Value Per Share | (4.29) X | ||||
| Cash Flow From Operations | 89.47 M | ||||
| Total Asset | 2.56 B | ||||
About Hovnanian Enterprises Performance
Assessing Hovnanian Enterprises' fundamental ratios provides investors with valuable insights into Hovnanian Enterprises' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Hovnanian Enterprises is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. The company was founded in 1959 and is headquartered in Red Bank, New Jersey. Hovnanian Enterprises operates under Residential Construction classification in USA and is traded on NASDAQ General Markets. It employs 1905 people.Things to note about Hovnanian Enterprises PFD performance evaluation
Checking the ongoing alerts about Hovnanian Enterprises for important developments is a great way to find new opportunities for your next move. Preferred Stock alerts and notifications screener for Hovnanian Enterprises PFD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Hovnanian Enterprises' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hovnanian Enterprises' preferred stock performance include:- Analyzing Hovnanian Enterprises' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hovnanian Enterprises' stock is overvalued or undervalued compared to its peers.
- Examining Hovnanian Enterprises' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hovnanian Enterprises' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hovnanian Enterprises' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hovnanian Enterprises' preferred stock. These opinions can provide insight into Hovnanian Enterprises' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Hovnanian Preferred Stock Analysis
When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.