Hovnanian Enterprises Stock Alpha and Beta Analysis
| HOV Stock | USD 108.23 6.75 6.65% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hovnanian Enterprises. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hovnanian Enterprises over a specified time horizon. Remember, high Hovnanian Enterprises' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Hovnanian Enterprises' market risk premium analysis include:
Beta 1.58 | Alpha (0.57) | Risk 3.53 | Sharpe Ratio (0.13) | Expected Return (0.45) |
Hovnanian Enterprises Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Hovnanian |
Hovnanian Enterprises Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hovnanian Enterprises market risk premium is the additional return an investor will receive from holding Hovnanian Enterprises long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hovnanian Enterprises. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hovnanian Enterprises' performance over market.| α | -0.57 | β | 1.58 |
Hovnanian Enterprises expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hovnanian Enterprises' Buy-and-hold return. Our buy-and-hold chart shows how Hovnanian Enterprises performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hovnanian Enterprises Market Price Analysis
Market price analysis indicators help investors to evaluate how Hovnanian Enterprises stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hovnanian Enterprises shares will generate the highest return on investment. By understating and applying Hovnanian Enterprises stock market price indicators, traders can identify Hovnanian Enterprises position entry and exit signals to maximize returns.
Hovnanian Enterprises Return and Market Media
The median price of Hovnanian Enterprises for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 132.63 with a coefficient of variation of 14.0. The daily time series for the period is distributed with a sample standard deviation of 18.24, arithmetic mean of 130.34, and mean deviation of 13.13. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Residential Construction Market in the US to Grow by USD 242.9 Million , Driven by Rising Household Formation, Report Highlights AI-Redefined Landscape - Techna... | 01/22/2025 |
2 | Disposition of tradable shares by Edward Kangas of Hovnanian Enterprises at 233.605 subject to Rule 16b-3 | 02/06/2025 |
3 | National homebuilder outbid in back-to-back West Valley land auctions | 02/20/2025 |
4 | Hovnanian GAAP EPS of 3.58 beats by 0.87, revenue of 673.6M misses by 32.2M | 02/24/2025 |
5 | Q1 2025 Hovnanian Enterprises Inc Earnings Call Transcript | 02/25/2025 |
6 | Hovnanian Q1 Earnings Rise 23, Margins Decline on Incentives | 02/27/2025 |
7 | One Hovnanian Enterprises, Inc. Analyst Just Made A Major Cut To Next Years Estimates | 02/28/2025 |
8 | Disposition of 2000 shares by Edward Kangas of Hovnanian Enterprises at 101.51 subject to Rule 16b-3 | 03/03/2025 |
9 | Hovnanian Enterprises Hits New 1-Year Low Should You Sell | 03/04/2025 |
10 | Hovnanian Enterprises Cut to Sell at StockNews.com - Defense World | 03/10/2025 |
About Hovnanian Enterprises Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hovnanian or other stocks. Alpha measures the amount that position in Hovnanian Enterprises has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0247 | 0.009359 | 0.008423 | 0.0134 | Price To Sales Ratio | 0.16 | 0.38 | 0.44 | 0.39 |
Hovnanian Enterprises Upcoming Company Events
As portrayed in its financial statements, the presentation of Hovnanian Enterprises' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hovnanian Enterprises' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hovnanian Enterprises' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hovnanian Enterprises. Please utilize our Beneish M Score to check the likelihood of Hovnanian Enterprises' management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View |
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Additional Tools for Hovnanian 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.