Hagerty Stock Forecast - Accumulation Distribution

HGTY Stock  USD 11.75  0.08  0.69%   
Hagerty Stock Forecast is based on your current time horizon.
  
At this time, Hagerty's Payables Turnover is fairly stable compared to the past year. Fixed Asset Turnover is likely to rise to 18.93 in 2024, whereas Inventory Turnover is likely to drop (1.38) in 2024. . Net Income Applicable To Common Shares is likely to rise to about 30.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 184.4 M in 2024.
On October 4, 2024 Hagerty had Accumulation Distribution of 1046.9. The accumulation distribution (A/D) indicator shows the degree to which Hagerty is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Hagerty to determine if accumulation or reduction is taking place in the market. This value is adjusted by Hagerty trading volume to give more weight to distributions with higher volume over lower volume.
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Hagerty Trading Date Momentum

On October 07 2024 Hagerty was traded for  10.45  at the closing time. The top price for the day was 10.70  and the lowest listed price was  10.33 . The trading volume for the day was 52.6 K. The trading history from October 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.06% . The trading delta at closing time against the current closing price is 0.09% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Hagerty

For every potential investor in Hagerty, whether a beginner or expert, Hagerty's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hagerty Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hagerty. Basic forecasting techniques help filter out the noise by identifying Hagerty's price trends.

Hagerty Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hagerty stock to make a market-neutral strategy. Peer analysis of Hagerty could also be used in its relative valuation, which is a method of valuing Hagerty by comparing valuation metrics with similar companies.
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Hagerty Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hagerty's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hagerty's current price.

Hagerty Market Strength Events

Market strength indicators help investors to evaluate how Hagerty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hagerty shares will generate the highest return on investment. By undertsting and applying Hagerty stock market strength indicators, traders can identify Hagerty entry and exit signals to maximize returns.

Hagerty Risk Indicators

The analysis of Hagerty's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hagerty's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hagerty stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Hagerty Stock Analysis

When running Hagerty's price analysis, check to measure Hagerty'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 Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.