Hippo Holdings Stock Return On Asset
| HIPO Stock | USD 26.47 0.27 1.03% |
Hippo Holdings fundamentals help investors to digest information that contributes to Hippo Holdings' financial success or failures. It also enables traders to predict the movement of Hippo Stock. The fundamental analysis module provides a way to measure Hippo Holdings' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hippo Holdings stock.
Hippo |
Hippo Holdings Company Return On Asset Analysis
Hippo Holdings' Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Hippo Holdings Return On Asset | -0.0319 |
Most of Hippo Holdings' fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hippo Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
| Competition |
Based on the latest financial disclosure, Hippo Holdings has a Return On Asset of -0.0319. This is 93.21% lower than that of the Insurance sector and significantly lower than that of the Financials industry. The return on asset for all United States stocks is 77.21% lower than that of the firm.
Hippo Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hippo Holdings' direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hippo Holdings could also be used in its relative valuation, which is a method of valuing Hippo Holdings by comparing valuation metrics of similar companies.Hippo Holdings is currently under evaluation in return on asset category among its peers.
Hippo Fundamentals
| Return On Equity | -0.0763 | ||||
| Return On Asset | -0.0319 | ||||
| Profit Margin | (0.11) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 476.31 M | ||||
| Shares Outstanding | 25.08 M | ||||
| Shares Owned By Insiders | 25.74 % | ||||
| Shares Owned By Institutions | 45.10 % | ||||
| Number Of Shares Shorted | 1.47 M | ||||
| Price To Earning | 1.57 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 1.78 X | ||||
| Revenue | 372.1 M | ||||
| Gross Profit | 163.1 M | ||||
| EBITDA | (71.7 M) | ||||
| Net Income | (28.6 M) | ||||
| Cash And Equivalents | 629.2 M | ||||
| Cash Per Share | 27.48 X | ||||
| Total Debt | 10 M | ||||
| Debt To Equity | 0.03 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 14.56 X | ||||
| Cash Flow From Operations | 47.5 M | ||||
| Short Ratio | 9.77 X | ||||
| Earnings Per Share | (1.64) X | ||||
| Target Price | 34.0 | ||||
| Number Of Employees | 478 | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 663.91 M | ||||
| Total Asset | 1.54 B | ||||
| Retained Earnings | (1.27 B) | ||||
| Net Asset | 1.54 B |
About Hippo Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hippo Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hippo Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hippo Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Hippo Holdings
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 Hippo Holdings 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 Hippo Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Hippo Stock
The ability to find closely correlated positions to Hippo Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hippo Holdings 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 Hippo Holdings - 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 Hippo Holdings to buy it.
The correlation of Hippo Holdings 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 Hippo Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hippo Holdings 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 Hippo Holdings 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 Hippo Holdings Piotroski F Score and Hippo Holdings Altman Z Score analysis. To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Insurance Brokers 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 Hippo Holdings. If investors know Hippo 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 Hippo Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hippo Holdings is measured differently than its book value, which is the value of Hippo that is recorded on the company's balance sheet. Investors also form their own opinion of Hippo Holdings' value that differs from its market value or its book value, called intrinsic value, which is Hippo Holdings' 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 Hippo Holdings' market value can be influenced by many factors that don't directly affect Hippo Holdings' 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 Hippo Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hippo Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hippo Holdings' 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.