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Hiscox Ltd
Buy, Hold or Sell?

Let's analyse Hiscox Ltd together

PenkeI guess you are interested in Hiscox Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hiscox Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hiscox Ltd (30 sec.)










What can you expect buying and holding a share of Hiscox Ltd? (30 sec.)

How much money do you get?

How much money do you get?
p1.38
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
p552.63
Expected worth in 1 year
p440.70
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
p-2.35
Return On Investment
-0.2%

For what price can you sell your share?

Current Price per Share
p1,236.00
Expected price per share
p1,087 - p
How sure are you?
50%

1. Valuation of Hiscox Ltd (5 min.)




Live pricePrice per Share (EOD)

p1,236.00

Intrinsic Value Per Share

p-13.87 - p682.41

Total Value Per Share

p538.76 - p1,235.04

2. Growth of Hiscox Ltd (5 min.)




Is Hiscox Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4b$2.5b-$122.4m-5.1%

How much money is Hiscox Ltd making?

Current yearPrevious yearGrowGrow %
Making money$41.6m$189.3m-$147.6m-354.4%
Net Profit Margin1.4%5.8%--

How much money comes from the company's main activities?

3. Financial Health of Hiscox Ltd (5 min.)




What can you expect buying and holding a share of Hiscox Ltd? (5 min.)

Welcome investor! Hiscox Ltd's management wants to use your money to grow the business. In return you get a share of Hiscox Ltd.

What can you expect buying and holding a share of Hiscox Ltd?

First you should know what it really means to hold a share of Hiscox Ltd. And how you can make/lose money.

Speculation

The Price per Share of Hiscox Ltd is p1,236. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hiscox Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hiscox Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is p552.63. Based on the TTM, the Book Value Change Per Share is p-27.98 per quarter. Based on the YOY, the Book Value Change Per Share is p42.34 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is p27.39 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hiscox Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 p% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Sharep% of Price per Share
Usd Eps0.120.0%0.120.0%0.550.0%0.060.0%0.330.0%
Usd Book Value Change Per Share-0.350.0%-0.350.0%0.530.0%0.030.0%0.050.0%
Usd Dividend Per Share0.350.0%0.350.0%0.110.0%0.240.0%0.470.0%
Usd Total Gains Per Share-0.010.0%-0.010.0%0.650.1%0.270.0%0.530.0%
Usd Price Per Share13.75-13.75-10.86-15.11-13.80-
Price to Earnings Ratio114.26-114.26-19.87-61.36-55.81-
Price-to-Total Gains Ratio-1,851.94--1,851.94-16.78--414.16--197.10-
Price to Book Ratio1.97-1.97-1.48-2.24-2.06-
Price-to-Total Gains Ratio-1,851.94--1,851.94-16.78--414.16--197.10-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.595848
Number of shares64
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.350.24
Usd Book Value Change Per Share-0.350.03
Usd Total Gains Per Share-0.010.27
Gains per Quarter (64 shares)-0.4817.04
Gains per Year (64 shares)-1.9068.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
188-90-1261758
2177-181-1412314126
3265-271-1618420194
4354-362-1824627262
5442-452-2030734330
6531-542-2236841398
7619-633-2443047466
8708-723-2649154534
9796-814-2855261602
10885-904-3061468670

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%17.01.00.094.4%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%2.03.00.040.0%5.05.00.050.0%11.07.00.061.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%15.03.00.083.3%

Fundamentals of Hiscox Ltd

About Hiscox Ltd

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, luxury motor, classic car, and partners and direct-to-consumer using both traditional and digital trading models. The company also provides property insurance; marine and energy insurance; aviation insurance; casualty insurance; specialty insurance; kidnap and ransom insurance; and other specialty insurance, such as contingency, terrorism, personal accident, and product recall. In addition, it offers healthcare and casualty reinsurance services, as well as investment services. Hiscox Ltd was founded in 1901 and is headquartered in Pembroke, Bermuda.

Fundamental data was last updated by Penke on 2024-03-10 01:27:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Hiscox Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hiscox Ltd earns for each 1 of revenue.

  • Above 10% is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • A Net Profit Margin of 1.4% means that 0.01 for each 1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hiscox Ltd:

  • The MRQ is 1.4%. The company is making a profit. +1
  • The TTM is 1.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY5.8%-4.4%
TTM1.4%5Y0.8%+0.5%
5Y0.8%10Y6.9%-6.1%
1.1.2. Return on Assets

Shows how efficient Hiscox Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • 0.3% Return on Assets means that Hiscox Ltd generated 0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hiscox Ltd:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%0.0%
TTM0.3%YOY1.4%-1.1%
TTM0.3%5Y0.2%+0.1%
5Y0.2%10Y2.0%-1.8%
1.1.3. Return on Equity

Shows how efficient Hiscox Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • 1.7% Return on Equity means Hiscox Ltd generated 0.02 for each 1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hiscox Ltd:

  • The MRQ is 1.7%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.7%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.7%TTM1.7%0.0%
TTM1.7%YOY7.5%-5.7%
TTM1.7%5Y0.9%+0.8%
5Y0.9%10Y9.6%-8.7%

1.2. Operating Efficiency of Hiscox Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hiscox Ltd is operating .

  • Measures how much profit Hiscox Ltd makes for each 1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • An Operating Margin of 3.0% means the company generated 0.03  for each 1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hiscox Ltd:

  • The MRQ is 3.0%. The company is operating less efficient.
  • The TTM is 3.0%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ3.0%TTM3.0%0.0%
TTM3.0%YOY5.8%-2.7%
TTM3.0%5Y1.7%+1.4%
5Y1.7%10Y5.2%-3.5%
1.2.2. Operating Ratio

Measures how efficient Hiscox Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • An Operation Ratio of -0.97 means that the operating costs are -0.97 for each 1 in net sales.

Let's take a look of the Operating Ratio trends of Hiscox Ltd:

  • The MRQ is -0.970.
  • The TTM is -0.970.
Trends
Current periodCompared to+/- 
MRQ-0.970TTM-0.9700.000
TTM-0.970YOY-0.942-0.027
TTM-0.9705Y-0.474-0.495
5Y-0.47410Y0.046-0.520

1.3. Liquidity of Hiscox Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hiscox Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A Current Ratio of 0.97 means the company has 0.97 in assets for each 1 in short-term debts.

Let's take a look of the Current Ratio trends of Hiscox Ltd:

  • The MRQ is 0.967. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.967. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.967TTM0.9670.000
TTM0.967YOY0.825+0.142
TTM0.9675Y3.264-2.297
5Y3.26410Y2.659+0.605
1.3.2. Quick Ratio

Measures if Hiscox Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • A Quick Ratio of 2.06 means the company can pay off 2.06 for each 1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hiscox Ltd:

  • The MRQ is 2.060. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.060. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.060TTM2.0600.000
TTM2.060YOY0.859+1.201
TTM2.0605Y1.821+0.239
5Y1.82110Y0.994+0.826

1.4. Solvency of Hiscox Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hiscox Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hiscox Ltd to Insurance - Property & Casualty industry mean.
  • A Debt to Asset Ratio of 0.82 means that Hiscox Ltd assets are financed with 82.4% credit (debt) and the remaining percentage (100% - 82.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hiscox Ltd:

  • The MRQ is 0.824. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.824. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.824TTM0.8240.000
TTM0.824YOY0.817+0.007
TTM0.8245Y0.817+0.007
5Y0.81710Y0.767+0.050
1.4.2. Debt to Equity Ratio

Measures if Hiscox Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • A Debt to Equity ratio of 468.0% means that company has 4.68 debt for each 1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hiscox Ltd:

  • The MRQ is 4.680. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.680. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.680TTM4.6800.000
TTM4.680YOY4.455+0.225
TTM4.6805Y4.488+0.192
5Y4.48810Y3.918+0.570

2. Market Valuation of Hiscox Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every 1 in earnings Hiscox Ltd generates.

  • Above 15 is considered overpriced but always compare Hiscox Ltd to the Insurance - Property & Casualty industry mean.
  • A PE ratio of 114.26 means the investor is paying 114.26 for every 1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hiscox Ltd:

  • The EOD is 129.619. Based on the earnings, the company is expensive. -2
  • The MRQ is 114.256. Based on the earnings, the company is expensive. -2
  • The TTM is 114.256. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD129.619MRQ114.256+15.363
MRQ114.256TTM114.2560.000
TTM114.256YOY19.866+94.389
TTM114.2565Y61.359+52.897
5Y61.35910Y55.814+5.544
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hiscox Ltd:

  • The EOD is 18.600. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 16.395. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 16.395. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD18.600MRQ16.395+2.205
MRQ16.395TTM16.3950.000
TTM16.395YOY-89.000+105.395
TTM16.3955Y-34.791+51.187
5Y-34.79110Y42.163-76.955
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hiscox Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance - Property & Casualty industry mean).
  • A PB ratio of 1.97 means the investor is paying 1.97 for each 1 in book value.

Let's take a look of the Price to Book Ratio trends of Hiscox Ltd:

  • The EOD is 2.237. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.971. Based on the equity, the company is underpriced. +1
  • The TTM is 1.971. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.237MRQ1.971+0.265
MRQ1.971TTM1.9710.000
TTM1.971YOY1.483+0.489
TTM1.9715Y2.241-0.269
5Y2.24110Y2.062+0.179
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hiscox Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---27.983-27.9830%42.344-166%2.093-1437%4.327-747%
Book Value Per Share--552.632552.6320%580.615-5%540.420+2%532.430+4%
Current Ratio--0.9670.9670%0.825+17%3.264-70%2.659-64%
Debt To Asset Ratio--0.8240.8240%0.817+1%0.817+1%0.767+7%
Debt To Equity Ratio--4.6804.6800%4.455+5%4.488+4%3.918+19%
Dividend Per Share--27.39527.3950%8.963+206%19.002+44%37.456-27%
Eps--9.5369.5360%43.329-78%4.769+100%26.045-63%
Free Cash Flow Per Share--66.45266.4520%-9.672+115%11.102+499%22.274+198%
Free Cash Flow To Equity Per Share--22.79922.7990%-65.966+389%21.820+4%7.668+197%
Gross Profit Margin--0.7030.7030%0.970-28%0.423+66%0.446+57%
Intrinsic Value_10Y_max--682.408--------
Intrinsic Value_10Y_min---13.874--------
Intrinsic Value_1Y_max--32.287--------
Intrinsic Value_1Y_min--3.084--------
Intrinsic Value_3Y_max--124.518--------
Intrinsic Value_3Y_min--5.446--------
Intrinsic Value_5Y_max--249.914--------
Intrinsic Value_5Y_min--3.603--------
Market Cap427977360000.000+12%377250270000.000377250270000.0000%298087292800.000+27%414776340560.000-9%378804183280.0000%
Net Profit Margin--0.0140.0140%0.058-76%0.008+67%0.069-80%
Operating Margin--0.0300.0300%0.058-47%0.017+83%0.052-41%
Operating Ratio---0.970-0.9700%-0.942-3%-0.474-51%0.046-2209%
Pb Ratio2.237+12%1.9711.9710%1.483+33%2.241-12%2.062-4%
Pe Ratio129.619+12%114.256114.2560%19.866+475%61.359+86%55.814+105%
Price Per Share1236.000+12%1089.5001089.5000%860.800+27%1197.860-9%1093.9800%
Price To Free Cash Flow Ratio18.600+12%16.39516.3950%-89.000+643%-34.791+312%42.163-61%
Price To Total Gains Ratio-2100.967-13%-1851.945-1851.9450%16.777-11138%-414.164-78%-197.101-89%
Quick Ratio--2.0602.0600%0.859+140%1.821+13%0.994+107%
Return On Assets--0.0030.0030%0.014-78%0.002+35%0.020-85%
Return On Equity--0.0170.0170%0.075-77%0.009+93%0.096-82%
Total Gains Per Share---0.588-0.5880%51.307-101%21.095-103%41.783-101%
Usd Book Value--2414508633.1082414508633.1080%2536997464.332-5%2361200614.557+2%2326269121.750+4%
Usd Book Value Change Per Share---0.353-0.3530%0.534-166%0.026-1437%0.055-747%
Usd Book Value Per Share--6.9736.9730%7.326-5%6.819+2%6.718+4%
Usd Dividend Per Share--0.3460.3460%0.113+206%0.240+44%0.473-27%
Usd Eps--0.1200.1200%0.547-78%0.060+100%0.329-63%
Usd Free Cash Flow--290336495.544290336495.5440%-42261644.052+115%48503179.341+499%97316165.191+198%
Usd Free Cash Flow Per Share--0.8380.8380%-0.122+115%0.140+499%0.281+198%
Usd Free Cash Flow To Equity Per Share--0.2880.2880%-0.832+389%0.275+4%0.097+197%
Usd Market Cap5400218328.480+12%4760143906.8604760143906.8600%3761265460.550+27%5233647865.186-9%4779751184.6270%
Usd Price Per Share15.596+12%13.74713.7470%10.862+27%15.115-9%13.8040%
Usd Profit--41662188.10841662188.1080%189328168.980-78%22859053.513+82%160373014.428-74%
Usd Revenue--3050031843.0723050031843.0720%3284718845.148-7%3126005490.684-2%2753429537.895+11%
Usd Total Gains Per Share---0.007-0.0070%0.647-101%0.266-103%0.527-101%
 EOD+3 -5MRQTTM+0 -0YOY+13 -235Y+22 -1410Y+15 -21

3.2. Fundamental Score

Let's check the fundamental score of Hiscox Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15129.619
Price to Book Ratio (EOD)Between0-12.237
Net Profit Margin (MRQ)Greater than00.014
Operating Margin (MRQ)Greater than00.030
Quick Ratio (MRQ)Greater than12.060
Current Ratio (MRQ)Greater than10.967
Debt to Asset Ratio (MRQ)Less than10.824
Debt to Equity Ratio (MRQ)Less than14.680
Return on Equity (MRQ)Greater than0.150.017
Return on Assets (MRQ)Greater than0.050.003
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Hiscox Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.217
Ma 20Greater thanMa 501,200.850
Ma 50Greater thanMa 1001,111.240
Ma 100Greater thanMa 2001,071.935
OpenGreater thanClose1,248.000
Total5/5 (100.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets13,722,200
Total Liabilities11,305,500
Total Stockholder Equity2,415,600
 As reported
Total Liabilities 11,305,500
Total Stockholder Equity+ 2,415,600
Total Assets = 13,722,200

Assets

Total Assets13,722,200
Total Current Assets1,396,200
Long-term Assets6,324,900
Total Current Assets
Cash And Cash Equivalents 1,350,900
Short-term Investments 45,300
Net Receivables 1,532,500
Total Current Assets  (as reported)1,396,200
Total Current Assets  (calculated)2,928,700
+/- 1,532,500
Long-term Assets
Property Plant Equipment 133,100
Goodwill 7,800
Long Term Investments 5,817,700
Intangible Assets 320,400
Other Assets 6,001,100
Long-term Assets  (as reported)6,324,900
Long-term Assets  (calculated)12,280,100
+/- 5,955,200

Liabilities & Shareholders' Equity

Total Current Liabilities1,443,700
Long-term Liabilities1,443,700
Total Stockholder Equity2,415,600
Total Current Liabilities
Short-term Debt 7,100
Short Long Term Debt 7,100
Accounts payable 1,818,400
Other Current Liabilities -381,800
Total Current Liabilities  (as reported)1,443,700
Total Current Liabilities  (calculated)1,450,800
+/- 7,100
Long-term Liabilities
Long term Debt 628,800
Capital Lease Obligations 79,900
Long-term Liabilities  (as reported)1,443,700
Long-term Liabilities  (calculated)708,700
+/- 735,000
Total Stockholder Equity
Common Stock38,700
Retained Earnings 2,248,800
Other Stockholders Equity 128,100
Total Stockholder Equity (as reported)2,415,600
Total Stockholder Equity (calculated)2,415,600
+/-0
Other
Capital Stock38,700
Cash and Short Term Investments 1,396,200
Common Stock Shares Outstanding 344,130
Liabilities and Stockholders Equity 13,722,200
Net Debt -715,000
Net Invested Capital 3,051,500
Net Tangible Assets 2,095,200
Property Plant and Equipment Gross 237,500
Short Long Term Debt Total 635,900



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-312012-12-312011-12-312010-12-312009-12-312008-12-312007-12-312006-12-312005-12-312004-12-312003-12-312002-12-312001-12-312000-12-31
> Total Assets 
817,324
1,236,190
1,418,305
1,598,977
1,848,950
4,726,557
5,207,580
5,751,695
5,472,891
6,172,747
6,159,483
6,556,237
7,088,237
7,314,355
7,749,827
7,857,896
8,194,667
9,739,957
10,846,305
12,550,800
13,856,200
13,846,500
13,722,200
13,722,20013,846,50013,856,20012,550,80010,846,3059,739,9578,194,6677,857,8967,749,8277,314,3557,088,2376,556,2376,159,4836,172,7475,472,8915,751,6955,207,5804,726,5571,848,9501,598,9771,418,3051,236,190817,324
   > Total Current Assets 
0
0
0
0
0
4,648,735
5,115,433
5,633,043
5,372,982
6,055,261
6,030,069
6,423,168
6,946,559
7,161,099
7,539,014
7,601,994
7,982,269
9,488,017
10,580,247
1,177,100
1,640,400
1,351,600
1,396,200
1,396,2001,351,6001,640,4001,177,10010,580,2479,488,0177,982,2697,601,9947,539,0147,161,0996,946,5596,423,1686,030,0696,055,2615,372,9825,633,0435,115,4334,648,73500000
       Cash And Cash Equivalents 
38,466
62,520
121,196
52,945
61,332
711,954
1,092,428
885,704
686,648
438,273
525,215
821,940
1,084,121
940,941
989,569
1,088,259
850,596
875,858
1,289,215
1,115,900
1,577,200
1,300,700
1,350,900
1,350,9001,300,7001,577,2001,115,9001,289,215875,858850,5961,088,259989,569940,9411,084,121821,940525,215438,273686,648885,7041,092,428711,95461,33252,945121,19662,52038,466
       Short-term Investments 
0
0
0
0
0
43,594
360,671
0
0
18,288
23,849
18,071
13,086
32,843
35,624
59,327
57,768
49,970
55,182
61,200
63,200
50,900
45,300
45,30050,90063,20061,20055,18249,97057,76859,32735,62432,84313,08618,07123,84918,28800360,67143,59400000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
0
0
0
362,429
415,219
474,846
611,475
742,309
830,900
972,400
972,600
4,900
1,532,500
1,532,5004,900972,600972,400830,900742,309611,475474,846415,219362,4290000000000000
       Other Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
586,632
665,827
440,933
652,477
8,562,189
9,235,850
10,967,300
5,615,100
5,977,100
0
05,977,1005,615,10010,967,3009,235,8508,562,189652,477440,933665,827586,6320000000000000
   > Long-term Assets 
0
0
0
0
0
77,822
92,147
118,651
99,909
117,486
129,414
133,069
141,678
153,256
210,813
255,902
212,399
251,940
266,058
6,030,900
6,600,700
6,517,800
6,324,900
6,324,9006,517,8006,600,7006,030,900266,058251,940212,399255,902210,813153,256141,678133,069129,414117,48699,909118,65192,14777,82200000
       Property Plant Equipment 
6,132
7,018
7,119
7,332
7,738
12,128
13,821
19,378
19,668
22,244
19,742
18,155
18,055
20,219
29,497
46,509
48,425
65,697
61,458
128,400
109,400
90,400
133,100
133,10090,400109,400128,40061,45865,69748,42546,50929,49720,21918,05518,15519,74222,24419,66819,37813,82112,1287,7387,3327,1197,0186,132
       Goodwill 
6,634
6,997
6,617
6,240
5,804
6,105
11,961
12,030
11,679
12,896
12,309
12,382
12,726
12,879
15,392
11,459
9,342
8,550
8,426
8,300
8,800
8,300
7,800
7,8008,3008,8008,3008,4268,5509,34211,45915,39212,87912,72612,38212,30912,89611,67912,03011,9616,1055,8046,2406,6176,9976,634
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
7,754
1,920,811
2,020,571
4,665,362
5,148,541
5,039,239
5,547,600
6,121,700
6,047,000
5,817,700
5,817,7006,047,0006,121,7005,547,6005,039,2395,148,5414,665,3622,020,5711,920,8117,7540000000000000
       Intangible Assets 
24,407
23,797
23,086
21,753
23,586
56,953
53,108
68,192
59,429
68,622
86,636
92,499
99,775
107,036
149,510
175,539
143,309
177,692
196,174
278,000
298,900
313,100
320,400
320,400313,100298,900278,000196,174177,692143,309175,539149,510107,03699,77592,49986,63668,62259,42968,19253,10856,95323,58621,75323,08623,79724,407
> Total Liabilities 
683,762
1,071,399
1,138,003
1,269,140
1,477,351
3,731,972
3,871,233
4,116,982
4,080,201
4,359,630
4,205,362
4,606,325
4,860,762
4,990,160
5,486,401
5,592,930
5,951,110
7,369,014
8,529,187
10,361,100
11,502,300
11,307,200
11,305,500
11,305,50011,307,20011,502,30010,361,1008,529,1877,369,0145,951,1105,592,9305,486,4014,990,1604,860,7624,606,3254,205,3624,359,6304,080,2014,116,9823,871,2333,731,9721,477,3511,269,1401,138,0031,071,399683,762
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,893,950
3,243,990
3,406,860
4,362,065
6,733,688
847,990
1,422,900
1,338,400
1,638,400
1,443,700
1,443,7001,638,4001,338,4001,422,900847,9906,733,6884,362,0653,406,8603,243,9902,893,9500000000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
18,288
23,849
18,071
13,086
32,843
35,624
59,327
57,768
2,433
2,350
2,600
2,800
2,800
7,100
7,1002,8002,8002,6002,3502,43357,76859,32735,62432,84313,08618,07123,84918,288000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,754
2,221
2,433
2,350
2,600
2,800
2,800
7,100
7,1002,8002,8002,6002,3502,4332,2211,754000000000000000
       Accounts payable 
75,547
45,850
65,423
35,229
28,399
30,945
33,473
0
0
0
0
0
9,037
12,900
11,968
2,260,404
2,890,968
679,192
845,640
1,420,300
1,335,600
1,635,600
1,818,400
1,818,4001,635,6001,335,6001,420,300845,640679,1922,890,9682,260,40411,96812,9009,0370000033,47330,94528,39935,22965,42345,85075,547
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
788,671
899,790
1,015,166
1,309,255
1,666,803
-41,373
-1,422,900
-1,338,400
-1,638,400
-381,800
-381,800-1,638,400-1,338,400-1,422,900-41,3731,666,8031,309,2551,015,166899,790788,6710000000000000
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
697,120
726,000
946,000
743,800
1,443,700
1,443,700743,800946,000726,000697,120000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
-18,288
-23,849
-18,071
-13,086
-32,843
-35,624
-59,327
-57,768
-2,433
-2,350
68,800
56,900
43,700
72,800
72,80043,70056,90068,800-2,350-2,433-57,768-59,327-35,624-32,843-13,086-18,071-23,849-18,288000000000
> Total Stockholder Equity
133,562
164,791
280,302
329,837
371,599
578,013
682,085
824,304
951,026
1,121,286
1,266,114
1,255,899
1,378,384
1,409,461
1,453,340
1,527,963
2,242,489
2,369,773
2,316,044
2,188,600
2,352,800
2,538,200
2,415,600
2,415,6002,538,2002,352,8002,188,6002,316,0442,369,7732,242,4891,527,9631,453,3401,409,4611,378,3841,255,8991,266,1141,121,286951,026824,304682,085578,013371,599329,837280,302164,791133,562
   Common Stock
7,400
9,633
14,459
14,565
14,685
19,570
19,694
19,898
20,067
20,158
20,297
20,563
20,703
20,854
19,913
19,030
19,060
25,867
33,986
34,100
38,700
38,700
38,700
38,70038,70038,70034,10033,98625,86719,06019,03019,91320,85420,70320,56320,29720,15820,06719,89819,69419,57014,68514,56514,4599,6337,400
   Retained Earnings 
15,721
0
0
45,650
85,153
118,289
1,376,907
1,671,227
1,192,356
1,700,385
1,822,077
1,774,210
2,087,324
2,244,238
2,126,619
2,077,844
1,947,156
2,106,171
2,552,866
2,410,300
2,068,400
2,272,000
2,248,800
2,248,8002,272,0002,068,4002,410,3002,552,8662,106,1711,947,1562,077,8442,126,6192,244,2382,087,3241,774,2101,822,0771,700,3851,192,3561,671,2271,376,907118,28985,15345,6500015,721
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
241,600
254,500
700,500
0
0
00700,500254,500241,600000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
22,681
56,700
91,178
202,272
237,735
-270,808
-255,800
245,700
227,500
128,100
128,100227,500245,700-255,800-270,808237,735202,27291,17856,70022,6810000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue3,052,800
Cost of Revenue--
Gross Profit3,052,8003,052,800
 
Operating Income (+$)
Gross Profit3,052,800
Operating Expense--2,960,000
Operating Income92,8006,012,800
 
Operating Expense (+$)
Research Development-
Selling General Administrative74,500
Selling And Marketing Expenses12,400
Operating Expense-2,960,00086,900
 
Net Interest Income (+$)
Interest Income119,500
Interest Expense-48,100
Other Finance Cost-119,500
Net Interest Income-48,100
 
Pretax Income (+$)
Operating Income92,800
Net Interest Income-48,100
Other Non-Operating Income Expenses-
Income Before Tax (EBT)44,700140,900
EBIT - interestExpense = 44,700
44,700
89,800
Interest Expense48,100
Earnings Before Interest and Taxes (EBIT)92,80092,800
Earnings Before Interest and Taxes (EBITDA)152,800
 
After tax Income (+$)
Income Before Tax44,700
Tax Provision-3,000
Net Income From Continuing Ops41,70041,700
Net Income41,700
Net Income Applicable To Common Shares41,700
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses3,008,100
Total Other Income/Expenses Net-48,10048,100
 

Technical Analysis of Hiscox Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hiscox Ltd. The general trend of Hiscox Ltd is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hiscox Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Hiscox Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: .

The bearish price targets are: 1,180 > 1,170 > 1,087.

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Hiscox Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Hiscox Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Hiscox Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hiscox Ltd. The current macd is 35.56.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hiscox Ltd price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hiscox Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hiscox Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Hiscox Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHiscox Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Hiscox Ltd. The current adx is 25.46.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hiscox Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Hiscox Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hiscox Ltd. The current sar is 1,201.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Hiscox Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Hiscox Ltd. The current rsi is 72.22. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Hiscox Ltd Daily Relative Strength Index (RSI) ChartHiscox Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Hiscox Ltd. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hiscox Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Hiscox Ltd Daily Stochastic Oscillator ChartHiscox Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Hiscox Ltd. The current cci is 100.00.

Hiscox Ltd Daily Commodity Channel Index (CCI) ChartHiscox Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hiscox Ltd. The current cmo is 43.75.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Hiscox Ltd Daily Chande Momentum Oscillator (CMO) ChartHiscox Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Hiscox Ltd. The current willr is -16.43835616.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Hiscox Ltd Daily Williams %R ChartHiscox Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Hiscox Ltd.

Hiscox Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Hiscox Ltd. The current atr is 23.91.

Hiscox Ltd Daily Average True Range (ATR) ChartHiscox Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Hiscox Ltd. The current obv is 48,587,320.

Hiscox Ltd Daily On-Balance Volume (OBV) ChartHiscox Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Hiscox Ltd. The current mfi is 69.18.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Hiscox Ltd Daily Money Flow Index (MFI) ChartHiscox Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hiscox Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Hiscox Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hiscox Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.217
Ma 20Greater thanMa 501,200.850
Ma 50Greater thanMa 1001,111.240
Ma 100Greater thanMa 2001,071.935
OpenGreater thanClose1,248.000
Total5/5 (100.0%)
Penke

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