Hagerty Total Stockholder Equity vs Common Stock Analysis

HGTY Stock  USD 11.75  0.08  0.69%   
Hagerty financial indicator trend analysis is much more than just examining Hagerty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hagerty is a good investment. Please check the relationship between Hagerty Total Stockholder Equity and its Common Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.

Total Stockholder Equity vs Common Stock

Total Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hagerty Total Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Hagerty's Total Stockholder Equity and Common Stock is 0.34. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Common Stock in the same time period over historical financial statements of Hagerty, assuming nothing else is changed. The correlation between historical values of Hagerty's Total Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Hagerty are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Total Stockholder Equity i.e., Hagerty's Total Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

0.34
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Common Stock

Most indicators from Hagerty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hagerty current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.At this time, Hagerty's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.41 in 2024, whereas Tax Provision is likely to drop slightly above 7.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization22.1M33.9M45.8M23.9M
Tax Provision6.8M7.0M14.9M7.5M

Hagerty fundamental ratios Correlations

0.90.870.870.90.170.05-0.230.95-0.76-0.510.860.63-0.22-0.580.870.260.33-0.630.920.92-0.60.970.90.880.74
0.90.980.990.69-0.160.430.180.88-0.91-0.680.840.80.01-0.450.950.490.69-0.80.890.97-0.850.870.931.00.92
0.870.980.980.63-0.240.480.210.92-0.91-0.570.830.72-0.13-0.580.930.620.72-0.810.880.99-0.780.80.910.990.92
0.870.990.980.67-0.170.450.190.86-0.88-0.690.870.80.04-0.410.930.510.7-0.760.870.97-0.850.850.91.00.95
0.90.690.630.670.56-0.35-0.580.78-0.41-0.490.860.55-0.07-0.330.69-0.11-0.05-0.250.810.72-0.430.940.740.670.58
0.17-0.16-0.24-0.170.56-0.93-0.870.030.43-0.130.220.060.150.23-0.02-0.81-0.780.50.19-0.120.180.290.06-0.19-0.23
0.050.430.480.45-0.35-0.930.920.15-0.64-0.240.040.30.09-0.160.320.790.94-0.680.090.36-0.52-0.030.230.460.49
-0.230.180.210.19-0.58-0.870.92-0.12-0.45-0.22-0.250.240.250.080.150.570.83-0.56-0.080.08-0.43-0.280.060.20.2
0.950.880.920.860.780.030.15-0.12-0.79-0.380.840.55-0.38-0.750.870.460.42-0.680.910.95-0.550.850.90.880.76
-0.76-0.91-0.91-0.88-0.410.43-0.64-0.45-0.790.57-0.56-0.70.090.52-0.88-0.61-0.830.97-0.78-0.860.8-0.68-0.86-0.91-0.75
-0.51-0.68-0.57-0.69-0.49-0.13-0.24-0.22-0.380.57-0.55-0.98-0.69-0.29-0.760.1-0.470.52-0.68-0.550.93-0.65-0.71-0.67-0.6
0.860.840.830.870.860.220.04-0.250.84-0.56-0.550.66-0.01-0.370.790.280.31-0.380.830.89-0.620.860.790.850.89
0.630.80.720.80.550.060.30.240.55-0.7-0.980.660.540.090.870.060.56-0.630.80.7-0.970.720.830.790.71
-0.220.01-0.130.04-0.070.150.090.25-0.380.09-0.69-0.010.540.880.07-0.440.110.1-0.03-0.16-0.490.01-0.010.00.08
-0.58-0.45-0.58-0.41-0.330.23-0.160.08-0.750.52-0.29-0.370.090.88-0.4-0.64-0.250.49-0.46-0.59-0.03-0.36-0.45-0.46-0.34
0.870.950.930.930.69-0.020.320.150.87-0.88-0.760.790.870.07-0.40.340.61-0.810.970.93-0.870.850.990.950.81
0.260.490.620.51-0.11-0.810.790.570.46-0.610.10.280.06-0.44-0.640.340.78-0.590.210.55-0.260.070.290.530.59
0.330.690.720.7-0.05-0.780.940.830.42-0.83-0.470.310.560.11-0.250.610.78-0.840.410.62-0.740.260.530.710.69
-0.63-0.8-0.81-0.76-0.250.5-0.68-0.56-0.680.970.52-0.38-0.630.10.49-0.81-0.59-0.84-0.69-0.740.74-0.54-0.79-0.8-0.6
0.920.890.880.870.810.190.09-0.080.91-0.78-0.680.830.8-0.03-0.460.970.210.41-0.690.91-0.750.90.990.890.73
0.920.970.990.970.72-0.120.360.080.95-0.86-0.550.890.7-0.16-0.590.930.550.62-0.740.91-0.740.850.920.980.91
-0.6-0.85-0.78-0.85-0.430.18-0.52-0.43-0.550.80.93-0.62-0.97-0.49-0.03-0.87-0.26-0.740.74-0.75-0.74-0.67-0.81-0.84-0.78
0.970.870.80.850.940.29-0.03-0.280.85-0.68-0.650.860.720.01-0.360.850.070.26-0.540.90.85-0.670.880.850.72
0.90.930.910.90.740.060.230.060.9-0.86-0.710.790.83-0.01-0.450.990.290.53-0.790.990.92-0.810.880.920.75
0.881.00.991.00.67-0.190.460.20.88-0.91-0.670.850.790.0-0.460.950.530.71-0.80.890.98-0.840.850.920.93
0.740.920.920.950.58-0.230.490.20.76-0.75-0.60.890.710.08-0.340.810.590.69-0.60.730.91-0.780.720.750.93
Click cells to compare fundamentals

Hagerty Account Relationship Matchups

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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.