HANOVER INS GROUP Performance
| 410867AF2 | 98.57 0.79 0.80% |
The entity retains a Market Volatility (i.e., Beta) of 0.0328, which attests to not very significant fluctuations relative to the market. As returns on the market increase, HANOVER's returns are expected to increase less than the market. However, during the bear market, the loss of holding HANOVER is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days HANOVER INS GROUP has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, HANOVER is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Yield To Maturity | 5.980 |
HANOVER |
HANOVER Relative Risk vs. Return Landscape
If you would invest 9,980 in HANOVER INS GROUP on August 28, 2024 and sell it today you would lose (123.00) from holding HANOVER INS GROUP or give up 1.23% of portfolio value over 90 days. HANOVER INS GROUP is generating negative expected returns and assumes 0.2883% volatility on return distribution over the 90 days horizon. Simply put, 2% of bonds are less volatile than HANOVER, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
HANOVER Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for HANOVER's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as HANOVER INS GROUP, and traders can use it to determine the average amount a HANOVER's 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 = -0.0768
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| Negative Returns | 410867AF2 |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average HANOVER is not performing at its full potential. However, 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 HANOVER by adding HANOVER to a well-diversified portfolio.
About HANOVER Performance
By analyzing HANOVER's fundamental ratios, stakeholders can gain valuable insights into HANOVER's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if HANOVER has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if HANOVER has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| HANOVER INS GROUP generated a negative expected return over the last 90 days |
Other Information on Investing in HANOVER Bond
HANOVER financial ratios help investors to determine whether HANOVER Bond 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 HANOVER with respect to the benefits of owning HANOVER security.