Hippo Holdings Stock Technical Analysis

HIPO Stock  USD 17.84  0.11  0.62%   
As of the 6th of June, Hippo Holdings retains the Market Risk Adjusted Performance of 0.1736, risk adjusted performance of 0.0479, and Downside Deviation of 4.27. Hippo Holdings technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Hippo Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hippo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hippo
  
Hippo Holdings' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hippo Holdings Analyst Consensus

Target PriceAdvice# of Analysts
18.5Buy4Odds
Hippo Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hippo analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hippo stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hippo Holdings, talking to its executives and customers, or listening to Hippo conference calls.
Hippo Analyst Advice Details
Hippo Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hippo Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hippo Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hippo Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hippo Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hippo Holdings Trend Analysis

Use this graph to draw trend lines for Hippo Holdings. You can use it to identify possible trend reversals for Hippo Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hippo Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hippo Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hippo Holdings applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Hippo Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14.67, which is the sum of squared deviations for the predicted Hippo Holdings price change compared to its average price change.

About Hippo Holdings Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hippo Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hippo Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hippo Holdings price pattern first instead of the macroeconomic environment surrounding Hippo Holdings. By analyzing Hippo Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hippo Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hippo Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Net Debt To EBITDA2.160.530.660.63
Intangibles To Total Assets0.06790.04190.08340.0968

Hippo Holdings June 6, 2024 Technical Indicators

Most technical analysis of Hippo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hippo from various momentum indicators to cycle indicators. When you analyze Hippo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hippo Holdings June 6, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hippo stock. With literally thousands of 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.

Additional Information and Resources on Investing in Hippo Stock

When determining whether Hippo Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hippo Holdings' 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 Hippo Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hippo Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hippo Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Hippo Stock, please use our How to Invest in Hippo Holdings guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Earnings Share
(10.04)
Revenue Per Share
10.698
Quarterly Revenue Growth
1.138
Return On Assets
(0.09)
Return On Equity
(0.51)
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.