Hovnanian Enterprises Stock Performance
| HOV Stock | USD 138.88 8.62 6.62% |
The company retains a Market Volatility (i.e., Beta) of 3.97, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hovnanian Enterprises will likely underperform. Hovnanian Enterprises has an expected return of -0.0351%. Please make sure to check out Hovnanian Enterprises maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Hovnanian Enterprises performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Hovnanian Enterprises has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Hovnanian Enterprises is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Actual Historical Performance (%)
One Day Return 6.57 | Five Day Return 13.23 | Year To Date Return (2.53) | Ten Year Return 32.44 | All Time Return 305.94 |
Last Split Factor 1:25 | Dividend Date 2019-03-29 | Last Split Date 2019-03-29 |
1 | Hovnanian Fiscal Q1 Earnings Snapshot | 02/22/2024 |
2 | Exercise or conversion by J Sorsby of 5100 shares of Hovnanian Enterprises subject to Rule 16b-3 | 02/27/2024 |
3 | Stocks With Rising Composite Ratings Hovnanian Enterprises A | 03/04/2024 |
4 | Disposition of 522 shares by Vincent Pagano of Hovnanian Enterprises at 110.25 subject to Rule 16b-3 | 03/05/2024 |
5 | Acquisition by Ara Hovnanian of 40141 shares of Hovnanian Enterprises subject to Rule 16b-3 | 03/06/2024 |
6 | Belpointe Asset Management LLC Purchases New Holdings in Hovnanian Enterprises, Inc. | 03/11/2024 |
7 | Disposition of 1000 shares by Ara Hovnanian of Hovnanian Enterprises at 157.82 subject to Rule 16b-3 | 03/21/2024 |
8 | Acquisition by Robert Coutts of 1441 shares of Hovnanian Enterprises subject to Rule 16b-3 | 03/25/2024 |
9 | Hovnanian Enterprises earnings growth rate lags the 58 percent CAGR delivered to shareholders | 04/11/2024 |
10 | Tri Pointe Homes Clears Key Benchmark, Hitting 80-Plus RS Rating | 04/22/2024 |
| Begin Period Cash Flow | 382.2 M | |
| Total Cashflows From Investing Activities | -78.2 M |
Hovnanian |
Hovnanian Enterprises Relative Risk vs. Return Landscape
If you would invest 14,956 in Hovnanian Enterprises on January 24, 2024 and sell it today you would lose (1,068) from holding Hovnanian Enterprises or give up 7.14% of portfolio value over 90 days. Hovnanian Enterprises is generating negative expected returns assuming volatility of 4.1451% on return distribution over 90 days investment horizon. In other words, 36% of stocks are less volatile than Hovnanian, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Hovnanian Enterprises Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hovnanian Enterprises' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hovnanian Enterprises, and traders can use it to determine the average amount a Hovnanian Enterprises' 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 = -0.0085
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HOV |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hovnanian Enterprises is not performing at its full potential. However, 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 Hovnanian Enterprises by adding Hovnanian Enterprises to a well-diversified portfolio.
Hovnanian Enterprises Fundamentals Growth
Hovnanian Stock prices reflect investors' perceptions of the future prospects and financial health of Hovnanian Enterprises, and Hovnanian Enterprises 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 Hovnanian Stock performance.
| Return On Equity | 0.42 | ||||
| Return On Asset | 0.0721 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.94 B | ||||
| Shares Outstanding | 5.35 M | ||||
| Price To Earning | 1.51 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 0.31 X | ||||
| Revenue | 2.76 B | ||||
| Gross Profit | 581.67 M | ||||
| EBITDA | 335.67 M | ||||
| Net Income | 205.89 M | ||||
| Cash And Equivalents | 326.2 M | ||||
| Cash Per Share | 35.20 X | ||||
| Total Debt | 1.14 B | ||||
| Debt To Equity | 4.21 % | ||||
| Current Ratio | 4.87 X | ||||
| Book Value Per Share | 77.40 X | ||||
| Cash Flow From Operations | 214.69 M | ||||
| Earnings Per Share | 27.53 X | ||||
| Market Capitalization | 873.62 M | ||||
| Total Asset | 2.49 B | ||||
| Retained Earnings | (157.2 M) | ||||
| Working Capital | 1.32 B | ||||
| Current Asset | 2.06 B | ||||
| Current Liabilities | 671.09 M | ||||
About Hovnanian Enterprises Performance
To evaluate Hovnanian Enterprises 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 Hovnanian Enterprises 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 Hovnanian 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 Hovnanian Enterprises market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Hovnanian'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 | 260.27 | 280.78 | |
| Return On Tangible Assets | 0.1 | 0.1 | |
| Return On Capital Employed | (2.57) | (2.45) | |
| Return On Assets | 0.1 | 0.1 | |
| Return On Equity | 0.32 | 0.33 |
Things to note about Hovnanian Enterprises performance evaluation
Checking the ongoing alerts about Hovnanian Enterprises for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hovnanian Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hovnanian Enterprises generated a negative expected return over the last 90 days | |
| Hovnanian Enterprises has high historical volatility and very poor performance | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from investors.com: Tri Pointe Homes Clears Key Benchmark, Hitting 80-Plus RS Rating |
- Analyzing Hovnanian Enterprises' 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 Hovnanian Enterprises' stock is overvalued or undervalued compared to its peers.
- Examining Hovnanian Enterprises' 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 Hovnanian Enterprises' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hovnanian Enterprises' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hovnanian Enterprises' stock. These opinions can provide insight into Hovnanian Enterprises' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary 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.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Hovnanian Enterprises' 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 Hovnanian Enterprises. If investors know Hovnanian 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 Hovnanian Enterprises 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 0.288 | Earnings Share 27.53 | Revenue Per Share 449.441 | Quarterly Revenue Growth 0.153 | Return On Assets 0.0721 |
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' 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 Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' 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 Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' 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.