Hannover Rck Revenue vs. Price To Earning
| HVRRF Stock | USD 263.05 6.86 2.54% |
For Hannover Rck profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Hannover Rck to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Hannover Rck SE utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Hannover Rck's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Hannover Rck SE over time as well as its relative position and ranking within its peers.
Hannover |
Hannover Rck SE Price To Earning vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Hannover Rck's current stock value. Our valuation model uses many indicators to compare Hannover Rck value to that of its competitors to determine the firm's financial worth. Hannover Rck SE is rated # 2 in revenue category among its peers. It also is rated # 2 in price to earning category among its peers . The ratio of Revenue to Price To Earning for Hannover Rck SE is about 1,594,804,434 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hannover Rck's earnings, one of the primary drivers of an investment's value.Hannover Revenue vs. Competition
Hannover Rck SE is rated # 2 in revenue category among its peers. Market size based on revenue of Insurance—Reinsurance industry is currently estimated at about 179.38 Billion. Hannover Rck retains roughly 26.62 Billion in revenue claiming about 15% of equities under Insurance—Reinsurance industry.
Hannover Price To Earning 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 Rck |
| = | 26.62 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.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Hannover Rck |
| = | 16.69 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Hannover Price To Earning Comparison
Hannover Rck is currently under evaluation in price to earning category among its peers.
Hannover Rck Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Hannover Rck, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Hannover Rck will eventually generate negative long term returns. The profitability progress is the general direction of Hannover Rck's change in net profit over the period of time. It can combine multiple indicators of Hannover Rck, 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 Ruckvrschng 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 Rck. 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 Rck 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 Rck's important profitability drivers and their relationship over time.
Use Hannover Rck 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 Rck 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 Rck will appreciate offsetting losses from the drop in the long position's value.Hannover Rck Pair Trading
Hannover Rck SE Pair Trading Analysis
The ability to find closely correlated positions to Hannover Rck 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 Rck 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 Rck - 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 Rck SE to buy it.
The correlation of Hannover Rck 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 Rck moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hannover Rck SE 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 Rck 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 Rck position
In addition to having Hannover Rck 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?
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Other Information on Investing in Hannover Pink Sheet
To fully project Hannover Rck's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Hannover Rck SE at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Hannover Rck's income statement, its balance sheet, and the statement of cash flows.