Horace Price To Free Cash Flows Ratio from 2010 to 2024

HMN Stock  USD 39.50  0.04  0.10%   
Horace Mann Price To Free Cash Flows Ratio yearly trend continues to be very stable with very little volatility. Price To Free Cash Flows Ratio is likely to drop to 4.25. During the period from 2010 to 2024, Horace Mann Price To Free Cash Flows Ratio quarterly data regression pattern had range of 106.6 K and standard deviation of  27,509. View All Fundamentals
 
Price To Free Cash Flows Ratio  
First Reported
2010-12-31
Previous Quarter
4.47040715
Current Value
4.25
Quarterly Volatility
27.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Horace Mann Correlation against competitors.

Latest Horace Mann's Price To Free Cash Flows Ratio Growth Pattern

Below is the plot of the Price To Free Cash Flows Ratio of Horace Mann Educators over the last few years. It is Horace Mann's Price To Free Cash Flows Ratio 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.
Price To Free Cash Flows Ratio10 Years Trend
Very volatile
   Price To Free Cash Flows Ratio   
       Timeline  

Horace Price To Free Cash Flows Ratio Regression Statistics

Arithmetic Mean7,109
Coefficient Of Variation386.95
Mean Deviation13,259
Median4.86
Standard Deviation27,509
Sample Variance756.8M
Range106.6K
R-Value0.06
Mean Square Error811.9M
R-Squared0
Significance0.83
Slope380.40
Total Sum of Squares10.6B

Horace Price To Free Cash Flows Ratio History

2024 4.25
2023 4.47
2022 7.5
2021 7.84
2020 4.86
2019 -5.15
2018106.5 K

About Horace Mann Financial Statements

Horace Mann investors utilize fundamental indicators, such as Price To Free Cash Flows Ratio, 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 ReportedProjected for Next Year
Price To Free Cash Flows Ratio 4.47  4.25 

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

  0.83L Loews CorpPairCorr
  0.83FRFHF Fairfax FinancialPairCorr
  0.65AFG American FinancialPairCorr
  0.82AIZ AssurantPairCorr

Moving against Horace Stock

  0.46CB ChubbPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Horace Mann Educators offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Horace Mann's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Horace Mann Educators Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Horace Mann Educators Stock:
Check out the analysis of Horace Mann Correlation against competitors.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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.