The Hanover Insurance Stock Performance
| THG Stock | USD 132.62 0.90 0.67% |
Hanover Insurance has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.59, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hanover Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanover Insurance is expected to be smaller as well. Hanover Insurance right now retains a risk of 1.21%. Please check out Hanover Insurance jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Hanover Insurance will be following its current trending patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in The Hanover Insurance are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable technical indicators, Hanover Insurance is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Actual Historical Performance (%)
One Day Return (1.09) | Five Day Return 2.17 | Year To Date Return 6.69 | Ten Year Return 118.62 | All Time Return 440.91 |
Forward Dividend Yield 0.0256 | Payout Ratio 0.0216 | Forward Dividend Rate 3.4 | Dividend Date 2024-03-29 | Ex Dividend Date 2024-03-14 |
1 | Hanover Insurance GAAP EPS of 2.98 beats by 0.36, revenue of 1.53B beats by 110M | 01/31/2024 |
2 | Disposition of 22305 shares by John Roche of Hanover Insurance at 54.61 subject to Rule 16b-3 | 02/16/2024 |
3 | Acquisition by Denise Lowsley of 3523 shares of Hanover Insurance at 134.26 subject to Rule 16b-3 | 02/27/2024 |
4 | The Hanover Insurance Group, Inc. to Issue First Quarter Financial Results on May 1 | 03/19/2024 |
5 | Acquisition by Warren Barnes of tradable shares of Hanover Insurance subject to Rule 16b-3 | 03/28/2024 |
6 | Pinnacle Associates Ltd. Reduces Stock Holdings in The Hanover Insurance Group, Inc. - Defense World | 04/02/2024 |
7 | The Hanover Insurance Group, Inc. down to US4.8b market cap, but institutional owners may not be as affected after a year of 4.0 percent returns | 04/05/2024 |
8 | PM announces 150 million in emergency funding for drought-affected areas | 04/09/2024 |
9 | Implied Volatility Surging for Hanover Insurance Stock Options - Yahoo Movies Canada | 04/16/2024 |
10 | The Hanover Reveals Results of its 2024 Small Business Risk Report A Focus on Workers Compensation | 04/22/2024 |
11 | Hanover Insurance Group Earnings Expected to Grow What to Know Ahead of Next Weeks Release | 04/24/2024 |
| Begin Period Cash Flow | 305 M |
Hanover |
Hanover Insurance Relative Risk vs. Return Landscape
If you would invest 13,003 in The Hanover Insurance on January 26, 2024 and sell it today you would earn a total of 259.00 from holding The Hanover Insurance or generate 1.99% return on investment over 90 days. The Hanover Insurance is generating 0.039% of daily returns assuming volatility of 1.213% on return distribution over 90 days investment horizon. In other words, 10% of stocks are less volatile than Hanover, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Hanover Insurance Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanover Insurance's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as The Hanover Insurance, and traders can use it to determine the average amount a Hanover Insurance's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0322
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Hanover Insurance is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hanover Insurance by adding it to a well-diversified portfolio.
Hanover Insurance Fundamentals Growth
Hanover Stock prices reflect investors' perceptions of the future prospects and financial health of Hanover Insurance, and Hanover Insurance fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hanover Stock performance.
| Return On Equity | 0.014 | ||||
| Return On Asset | 0.0033 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 5.22 B | ||||
| Shares Outstanding | 35.93 M | ||||
| Price To Earning | 18.15 X | ||||
| Price To Book | 1.87 X | ||||
| Price To Sales | 0.77 X | ||||
| Revenue | 5.99 B | ||||
| Gross Profit | 752 M | ||||
| EBITDA | 1.8 M | ||||
| Net Income | 33.5 M | ||||
| Cash And Equivalents | 305 M | ||||
| Cash Per Share | 4.63 X | ||||
| Total Debt | 783.2 M | ||||
| Debt To Equity | 0.34 % | ||||
| Current Ratio | 0.36 X | ||||
| Book Value Per Share | 68.87 X | ||||
| Cash Flow From Operations | 361.7 M | ||||
| Earnings Per Share | 0.93 X | ||||
| Market Capitalization | 4.76 B | ||||
| Total Asset | 12.69 B | ||||
| Retained Earnings | 2.91 B | ||||
About Hanover Insurance Performance
To evaluate Hanover Insurance Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Hanover Insurance generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Hanover Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Hanover Insurance market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Hanover's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 128.3 K | 114.1 K | |
| Return On Tangible Assets | 0 | 0 | |
| Return On Capital Employed | 0.0003 | 0.0003 | |
| Return On Assets | 0 | 0 | |
| Return On Equity | 0.01 | 0.01 |
Things to note about Hanover Insurance performance evaluation
Checking the ongoing alerts about Hanover Insurance for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hanover Insurance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company has 783.2 M in debt with debt to equity (D/E) ratio of 0.34, which is OK given its current industry classification. Hanover Insurance has a current ratio of 0.35, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Hanover Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Hanover Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hanover Insurance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hanover to invest in growth at high rates of return. When we think about Hanover Insurance's use of debt, we should always consider it together with cash and equity. | |
| Over 88.0% of Hanover Insurance shares are owned by institutional investors | |
| Latest headline from zacks.com: Hanover Insurance Group Earnings Expected to Grow What to Know Ahead of Next Weeks Release |
- Analyzing Hanover Insurance's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hanover Insurance's stock is overvalued or undervalued compared to its peers.
- Examining Hanover Insurance's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hanover Insurance's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanover Insurance's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanover Insurance's stock. These opinions can provide insight into Hanover Insurance's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Hanover Stock analysis
When running Hanover Insurance's price analysis, check to measure Hanover Insurance'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 Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Hanover Insurance's industry 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 Hanover Insurance. If investors know Hanover 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 Hanover Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 16.105 | Dividend Share 3.28 | Earnings Share 0.93 | Revenue Per Share 167.885 | Quarterly Revenue Growth 0.034 |
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's 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 Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's 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 Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Insurance's 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.