Herc Holdings Stock Forecast - Daily Balance Of Power
| HRI Stock | USD 230.13 1.87 0.81% |
Herc Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Herc Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Herc |
Open Interest Against 2024-12-20 Herc Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Herc Holdings' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Herc Holdings' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Herc Holdings stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Herc Holdings' open interest, investors have to compare it to Herc Holdings' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Herc Holdings is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Herc. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2811 | 0.3498 |
| Check Herc Holdings Volatility | Backtest Herc Holdings | Trend Details |
Herc Holdings Trading Date Momentum
| On October 01 2024 Herc Holdings was traded for 159.82 at the closing time. Highest Herc Holdings's price during the trading hours was 161.00 and the lowest price during the day was 157.00 . The net volume was 175 K. The overall trading history on the 1st of October contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.24% . The trading delta at closing time to current price is 0.59% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Herc Holdings to competition |
Other Forecasting Options for Herc Holdings
For every potential investor in Herc, whether a beginner or expert, Herc Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Herc Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Herc. Basic forecasting techniques help filter out the noise by identifying Herc Holdings' price trends.Herc Holdings 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 Herc Holdings stock to make a market-neutral strategy. Peer analysis of Herc Holdings could also be used in its relative valuation, which is a method of valuing Herc Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Herc Holdings 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 Herc Holdings' 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 Herc Holdings' current price.| Cycle Indicators | ||
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Herc Holdings Market Strength Events
Market strength indicators help investors to evaluate how Herc Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Herc Holdings shares will generate the highest return on investment. By undertsting and applying Herc Holdings stock market strength indicators, traders can identify Herc Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 9167.14 | |||
| Daily Balance Of Power | (0.25) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 232.71 | |||
| Day Typical Price | 231.85 | |||
| Price Action Indicator | (3.52) | |||
| Period Momentum Indicator | (1.87) |
Herc Holdings Risk Indicators
The analysis of Herc Holdings' 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 Herc Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting herc 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.
| Mean Deviation | 2.05 | |||
| Semi Deviation | 1.08 | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.29 | |||
| Downside Variance | 2.77 | |||
| Semi Variance | 1.17 | |||
| Expected Short fall | (2.57) |
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.
Currently Active Assets on Macroaxis
When determining whether Herc Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Herc Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Herc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Holdings Stock:Check out Historical Fundamental Analysis of Herc Holdings to cross-verify your projections. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Trading Companies & Distributors space 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 Herc Holdings. If investors know Herc 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 Herc Holdings 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 0.081 | Dividend Share 2.628 | Earnings Share 12.23 | Revenue Per Share 121.337 | Quarterly Revenue Growth 0.063 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' 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 Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' 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 Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' 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.