Clover Pretax Profit Margin from 2010 to 2024

CLOV Stock  USD 3.43  0.05  1.44%   
Clover Health Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin will likely drop to -0.11 in 2024. During the period from 2010 to 2024, Clover Health Pretax Profit Margin regression line of quarterly data had r-squared of  0.63 and coefficient of variation of (51.92). View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
(0.10)
Current Value
(0.11)
Quarterly Volatility
0.28041148
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover Health's main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.0 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
  
Check out the analysis of Clover Health Correlation against competitors.

Latest Clover Health's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Clover Health Investments over the last few years. It is Clover Health's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Clover Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.54)
Coefficient Of Variation(51.92)
Mean Deviation0.25
Median(0.72)
Standard Deviation0.28
Sample Variance0.08
Range0.6894
R-Value0.79
Mean Square Error0.03
R-Squared0.63
Significance0.0004
Slope0.05
Total Sum of Squares1.10

Clover Pretax Profit Margin History

2024 -0.11
2023 -0.1
2022 -0.0975
2021 -0.4
2020 -0.14
2019 -0.79

About Clover Health Financial Statements

Clover Health investors use historical fundamental indicators, such as Clover Health's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.10)(0.11)

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Additional Tools for Clover Stock Analysis

When running Clover Health's price analysis, check to measure Clover Health's 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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.