Hannover Revenue vs. Gross Profit
| HVRRY Stock | USD 43.94 0.39 0.88% |
For Hannover profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hannover to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hannover Re utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hannover's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hannover Re over time as well as its relative position and ranking within its peers.
Hannover |
Hannover Re Gross Profit vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hannover's current stock value. Our valuation model uses many indicators to compare Hannover value to that of its competitors to determine the firm's financial worth. Hannover Re is rated as one of the top companies in revenue category among its peers. It also is one of the top stocks in gross profit category among its peers fabricating about 0.07 of Gross Profit per Revenue. The ratio of Revenue to Gross Profit for Hannover Re is roughly 13.91 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hannover by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hannover's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hannover Revenue vs. Competition
Hannover Re is rated as one of the top companies in revenue category among its peers. Market size based on revenue of Insurance—Reinsurance industry is currently estimated at about 88.27 Billion. Hannover totals roughly 26.15 Billion in revenue claiming about 30% of equities under Insurance—Reinsurance industry.
Hannover Gross Profit vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Hannover |
| = | 26.15 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Hannover |
| = | 1.88 B |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Hannover Gross Profit Comparison
Hannover is currently under evaluation in gross profit category among its peers.
Hannover Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hannover, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hannover will eventually generate negative long term returns. The profitability progress is the general direction of Hannover's change in net profit over the period of time. It can combine multiple indicators of Hannover, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Hannover Rck SE, together with its subsidiaries, provides reinsurance products and services worldwide. The company was founded in 1966 and is headquartered in Hanover, Germany. Hannover Ruckversich operates under InsuranceReinsurance classification in the United States and is traded on OTC Exchange. It employs 3435 people.
Hannover Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Hannover. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Hannover position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Hannover's important profitability drivers and their relationship over time.
Use Hannover in pair-trading
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 Hannover 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 Hannover will appreciate offsetting losses from the drop in the long position's value.Hannover Pair Trading
Hannover Re Pair Trading Analysis
The ability to find closely correlated positions to Hannover could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hannover 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 Hannover - 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 Hannover Re to buy it.
The correlation of Hannover 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 Hannover moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hannover Re 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 Hannover 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.Use Investing Themes to Complement your Hannover position
In addition to having Hannover in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Fabricated Products Thematic Idea Now
Fabricated Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Fabricated Products theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Fabricated Products Theme or any other thematic opportunities.
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Additional Tools for Hannover Pink Sheet Analysis
When running Hannover's price analysis, check to measure Hannover'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 Hannover is operating at the current time. Most of Hannover's value examination focuses on studying past and present price action to predict the probability of Hannover's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hannover's price. Additionally, you may evaluate how the addition of Hannover to your portfolios can decrease your overall portfolio volatility.