Clover Enterprise Value Over E B I T D A from 2010 to 2024
| CLOV Stock | USD 0.63 0.01 1.61% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter (1.89) | Current Value (1.99) | Quarterly Volatility 3.41665548 |
Check Clover Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clover main balance sheet or income statement drivers, such as Interest Expense of 6.7 K, Other Operating Expenses of 1.8 B or Minority Interest of 3.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 2.0E-4 or PTB Ratio of 1.68. Clover financial statements analysis is a perfect complement when working with Clover Health Valuation or Volatility modules.
Clover | Enterprise Value Over E B I T D A |
Latest Clover Health's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Clover Health Investments over the last few years. It is Clover Health's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clover Health's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
|
Enterprise Value Over E B I T D A |
| Timeline |
Clover Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | (5.12) | |
| Coefficient Of Variation | (66.78) | |
| Mean Deviation | 1.82 | |
| Median | (5.41) | |
| Standard Deviation | 3.42 | |
| Sample Variance | 11.67 | |
| Range | 14.9127 | |
| R-Value | 0.23 | |
| Mean Square Error | 11.89 | |
| R-Squared | 0.05 | |
| Significance | 0.40 | |
| Slope | 0.18 | |
| Total Sum of Squares | 163.43 |
Clover Enterprise Value Over E B I T D A History
About Clover Health Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Clover Health income statement, its balance sheet, and the statement of cash flows. Clover Health investors use historical funamental indicators, such as Clover Health's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Clover Health investors may use each financial statement separately, they are all related. The changes in Clover Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clover Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Clover Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clover Health. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | (1.89) | (1.99) |
Clover Health Implied Volatility | 500.12 |
Clover Health's implied volatility exposes the market's sentiment of Clover Health Investments stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Clover Health's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Clover Health stock will not fluctuate a lot when Clover Health's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clover Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clover Health's short interest history, or implied volatility extrapolated from Clover Health options trading.
Pair Trading with Clover Health
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 Clover Health 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 Clover Health will appreciate offsetting losses from the drop in the long position's value.Moving together with Clover Stock
| 0.9 | EMBC | Embecta Corp Financial Report 10th of May 2024 | PairCorr |
Moving against Clover Stock
| 0.76 | HIMS | Hims Hers Health Financial Report 13th of May 2024 | PairCorr |
| 0.71 | HOLX | Hologic Financial Report 6th of May 2024 | PairCorr |
| 0.68 | ELMD | Electromed | PairCorr |
| 0.62 | ALC | Alcon AG Financial Report 14th of May 2024 | PairCorr |
| 0.56 | BAX | Baxter International Financial Report 25th of April 2024 | PairCorr |
The ability to find closely correlated positions to Clover Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clover Health 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 Clover Health - 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 Clover Health Investments to buy it.
The correlation of Clover Health 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 Clover Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clover Health Investments 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 Clover Health 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.Check out the analysis of Clover Health Correlation against competitors. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Clover Stock analysis
When running Clover Health's price analysis, check to measure Clover Health'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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.
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Is Clover Health'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 Clover Health. If investors know Clover 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 Clover Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.44) | Revenue Per Share 4.223 | Quarterly Revenue Growth (0.44) | Return On Assets (0.17) | Return On Equity (0.66) |
The market value of Clover Health Investments is measured differently than its book value, which is the value of Clover that is recorded on the company's balance sheet. Investors also form their own opinion of Clover Health's value that differs from its market value or its book value, called intrinsic value, which is Clover Health'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 Clover Health's market value can be influenced by many factors that don't directly affect Clover Health'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 Clover Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clover Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clover Health'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.