Horace Free Cash Flow Yield from 2010 to 2024
| HMN Stock | USD 39.43 0.33 0.84% |
Free Cash Flow Yield | First Reported 2010-12-31 | Previous Quarter 0.22369327 | Current Value 0.25 | Quarterly Volatility 0.46188995 |
Check Horace Mann financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Horace Mann's main balance sheet or income statement drivers, such as Interest Expense of 49.8 M, Selling General Administrative of 173.5 M or Total Revenue of 1 B, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.0419 or PTB Ratio of 1.58. Horace financial statements analysis is a perfect complement when working with Horace Mann Valuation or Volatility modules.
Horace | Free Cash Flow Yield |
Latest Horace Mann's Free Cash Flow Yield Growth Pattern
Below is the plot of the Free Cash Flow Yield of Horace Mann Educators over the last few years. It is a financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share. Horace Mann's Free Cash Flow Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Horace Mann's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow Yield | 10 Years Trend |
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Free Cash Flow Yield |
| Timeline |
Horace Free Cash Flow Yield Regression Statistics
| Arithmetic Mean | 0.26 | |
| Coefficient Of Variation | 180.99 | |
| Mean Deviation | 0.22 | |
| Median | 0.16 | |
| Standard Deviation | 0.46 | |
| Sample Variance | 0.21 | |
| Range | 2.061 | |
| R-Value | (0.43) | |
| Mean Square Error | 0.19 | |
| R-Squared | 0.19 | |
| Significance | 0.11 | |
| Slope | (0.04) | |
| Total Sum of Squares | 2.99 |
Horace Free Cash Flow Yield History
About Horace Mann Financial Statements
Horace Mann investors utilize fundamental indicators, such as Free Cash Flow Yield, to predict how Horace Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow Yield | 0.22 | 0.25 |
Pair Trading with Horace Mann
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 Horace Mann 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 Horace Mann will appreciate offsetting losses from the drop in the long position's value.Moving together with Horace Stock
| 0.88 | L | Loews Corp | PairCorr |
| 0.83 | FRFHF | Fairfax Financial | PairCorr |
| 0.71 | AFG | American Financial | PairCorr |
| 0.86 | AIZ | Assurant | PairCorr |
Moving against Horace Stock
The ability to find closely correlated positions to Horace Mann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horace Mann 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 Horace Mann - 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 Horace Mann Educators to buy it.
The correlation of Horace Mann 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 Horace Mann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horace Mann Educators 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 Horace Mann 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 the analysis of Horace Mann Correlation against competitors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Multi-line Insurance 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 Horace Mann. If investors know Horace 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 Horace Mann listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.964 | Dividend Share 1.35 | Earnings Share 2.52 | Revenue Per Share 38.477 | Quarterly Revenue Growth 0.088 |
The market value of Horace Mann Educators is measured differently than its book value, which is the value of Horace that is recorded on the company's balance sheet. Investors also form their own opinion of Horace Mann's value that differs from its market value or its book value, called intrinsic value, which is Horace Mann's 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 Horace Mann's market value can be influenced by many factors that don't directly affect Horace Mann's 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 Horace Mann's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horace Mann is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horace Mann's 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.