Hi JJ85,
Welcome to the Mattress Forum! 
Your question is much too broad for any sort of a specific answer. To understand any particular mattress, you need to first learn of the componentry on the inside. Whether or not you’d prefer a mattress using springs, polyfoam or latex for a support core would be your own personal preference.
There is more information here about support cores, as well as latex support cores[url], [url=https://mattressunderground.com/mattresses/support-cores/polyurethane.html]polyfoam support cores, and innersprings.
Some common types of mattresses are described in this article. “Hybrid” is a term originally coined by Mark Quinn at Leggett and Platt to represent replacing the polyfoam support core in a typical memory foam mattress with a pocketed spring unit. It was found quickly that the term had “traction”, and now it is used to describe almost anything in the industry. I wouldn’t focus too much on terminology and instead objectively analyze whatever mattress you’re considering.
And there are huge variations in pricing in the industry, and hybrids aren’t necessarily higher priced than anything else. As for “value”, there is more about the 3 most important parts of the “value” of a mattress purchase in post #13 here which can help you make more meaningful quality/value comparisons between mattresses in terms of suitability (how well you will sleep), durability (how long you will sleep well), and the overall value of a mattress compared to your other finalists based on suitability, durability, and all the other parts of your personal value equation that are most important to you (including the price of course and the options you have available after a purchase if your choice doesn’t turn out as well as you hoped for).
Phoenix