Hovnanian Enterprises Pfd Preferred Stock Buy Hold or Sell Recommendation
| HOVNP Preferred Stock | USD 17.37 0.06 0.35% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hovnanian Enterprises PFD is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Hovnanian Enterprises PFD within the specified time frame.
Check out Hovnanian Enterprises Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Hovnanian Preferred Stock, please use our How to Invest in Hovnanian Enterprises guide. Note, we conduct extensive research on individual companies such as Hovnanian and provide practical buy, sell, or hold advice based on investors' constraints. Hovnanian Enterprises PFD. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Hovnanian |
Execute Hovnanian Enterprises Buy or Sell Advice
The Hovnanian recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hovnanian Enterprises PFD. Macroaxis does not own or have any residual interests in Hovnanian Enterprises PFD or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hovnanian Enterprises' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Hovnanian Enterprises Trading Alerts and Improvement Suggestions
| Hovnanian Enterprises generated a negative expected return over the last 90 days |
Hovnanian Enterprises Returns Distribution Density
The distribution of Hovnanian Enterprises' historical returns is an attempt to chart the uncertainty of Hovnanian Enterprises' future price movements. The chart of the probability distribution of Hovnanian Enterprises daily returns describes the distribution of returns around its average expected value. We use Hovnanian Enterprises PFD price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hovnanian Enterprises returns is essential to provide solid investment advice for Hovnanian Enterprises.
| Mean Return | -0.0073 | Value At Risk | -0.75 | Potential Upside | 1.10 | Standard Deviation | 0.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hovnanian Enterprises historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hovnanian Enterprises Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hovnanian Enterprises or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hovnanian Enterprises' price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hovnanian preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 0.55 | |
Ir | Information ratio | 0.17 |
Hovnanian Enterprises Volatility Alert
Hovnanian Enterprises PFD exhibits very low volatility with skewness of 0.93 and kurtosis of 2.24. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hovnanian Enterprises' preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hovnanian Enterprises' preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hovnanian Enterprises Fundamentals Vs Peers
Comparing Hovnanian Enterprises' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hovnanian Enterprises' direct or indirect competition across all of the common fundamentals between Hovnanian Enterprises and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hovnanian Enterprises or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hovnanian Enterprises' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hovnanian Enterprises by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hovnanian Enterprises to competition |
| Fundamentals | Hovnanian Enterprises | Peer Average |
| Number Of Shares Shorted | 1.68 K | 4.71 M |
| Price To Earning | (63.64) X | 28.72 X |
| Revenue | 2.92 B | 9.43 B |
| EBITDA | 372.55 M | 3.9 B |
| Net Income | 225.49 M | 570.98 M |
| Cash And Equivalents | 248.82 M | 2.7 B |
| Cash Per Share | 1.68 X | 5.01 X |
| Total Debt | 1.29 B | 5.32 B |
| Current Ratio | 5.40 X | 2.16 X |
| Book Value Per Share | (4.29) X | 1.93 K |
| Cash Flow From Operations | 89.47 M | 971.22 M |
| Number Of Employees | 1.91 K | 18.84 K |
| Beta | 3.74 | -0.15 |
| Market Capitalization | 2.79 B | 19.03 B |
| Total Asset | 2.56 B | 29.47 B |
| Z Score | 2.2 | 8.72 |
| Net Asset | 2.56 B |
Hovnanian Enterprises Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hovnanian . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hovnanian Enterprises Buy or Sell Advice
When is the right time to buy or sell Hovnanian Enterprises PFD? Buying financial instruments such as Hovnanian Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Hovnanian Preferred Stock Analysis
When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.