Hippo Historical Financial Ratios
| HIPO Stock | USD 32.99 1.02 3.00% |
Hippo Holdings is recently reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as PTB Ratio of 0.54 or Days Sales Outstanding of 1.6 K will help investors to properly organize and evaluate Hippo Holdings financial condition quickly.
Hippo |
About Hippo Financial Ratios Analysis
Hippo HoldingsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Hippo Holdings investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Hippo financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Hippo Holdings history.
Hippo Holdings Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Hippo Holdings stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Hippo Holdings sales, a figure that is much harder to manipulate than other Hippo Holdings multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Most ratios from Hippo Holdings' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Hippo Holdings current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Hippo Holdings' Stock Based Compensation To Revenue is very stable compared to the past year. As of the 26th of November 2024, Capex To Depreciation is likely to grow to 2.48, while Price To Sales Ratio is likely to drop 0.97.
| 2021 | 2022 | 2023 | 2024 (projected) | Net Debt To EBITDA | 2.18 | 0.53 | 0.52 | 0.5 | Intangibles To Total Assets | 0.0679 | 0.0419 | 0.0496 | 0.0894 |
Hippo Holdings fundamentals Correlations
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Hippo Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
| 0.79 | AGO | Assured Guaranty | PairCorr |
| 0.78 | AXS | AXIS Capital Holdings | PairCorr |
| 0.89 | EIG | Employers Holdings | PairCorr |
Moving against Hippo Stock
| 0.82 | ESNT | Essent Group | PairCorr |
| 0.72 | NMIH | NMI Holdings Normal Trading | PairCorr |
| 0.7 | JRVR | James River Group | PairCorr |
| 0.61 | ACT | Enact Holdings | PairCorr |
| 0.47 | PPHI | Positive Physicians | 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 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.