The Hanover Insurance Stock Pattern Recognition Hikkake Pattern

THG Stock  USD 174.14  0.38  0.22%   
Hanover Insurance pattern recognition tool provides the execution environment for running the Hikkake Pattern recognition and other technical functions against Hanover Insurance. Hanover Insurance value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Hikkake Pattern recognition function is designed to identify and follow existing trends. Hanover Insurance momentum indicators are usually used to generate trading rules based on assumptions that Hanover Insurance trends in prices tend to continue for long periods.

Recognition
The output start index for this execution was five with a total number of output elements of fifty-six. The function generated a total of five valid pattern recognition events for the selected time horizon. The Hikkake pattern is used for determining Hanover Insurance market turning-points and continuations.

Hanover Insurance Technical Analysis Modules

Most technical analysis of Hanover Insurance help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hanover from various momentum indicators to cycle indicators. When you analyze Hanover charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hanover Insurance Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Hanover Insurance. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Hanover Insurance based on widely used predictive technical indicators. In general, we focus on analyzing Hanover Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanover Insurance's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Hanover Insurance's intrinsic value. In addition to deriving basic predictive indicators for Hanover Insurance, we also check how macroeconomic factors affect Hanover Insurance price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2025 2026 (projected)
Dividend Yield0.02240.0270.02010.0142
Price To Sales Ratio0.890.730.80.62
Hype
Prediction
LowEstimatedHigh
173.01174.14175.27
Details
Intrinsic
Valuation
LowRealHigh
146.30147.43191.55
Details
Naive
Forecast
LowNextHigh
180.08181.21182.34
Details
7 Analysts
Consensus
LowTargetHigh
182.39200.43222.48
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanover Insurance. Your research has to be compared to or analyzed against Hanover Insurance's peers to derive any actionable benefits. When done correctly, Hanover Insurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hanover Insurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hanover Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hanover Insurance's short interest history, or implied volatility extrapolated from Hanover Insurance options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Sold over 30 shares
Sector ETFs Idea
Sector ETFs
Invested over 200 shares
Industrials ETFs Idea
Industrials ETFs
Sold over 500 shares
ESG Investing Idea
ESG Investing
Invested few shares
Cash Cows Idea
Cash Cows
Invested over 100 shares
Disruptive Technologies Idea
Disruptive Technologies
Invested over 100 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested over 200 shares
Gold and Gold Mining Idea
Gold and Gold Mining
Invested over 200 shares
Climate Change Idea
Climate Change
Invested over 500 shares
Investor Favorites Idea
Investor Favorites
Invested over 90 shares
When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The Hanover Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Can Property & Casualty Insurance industry sustain growth momentum? Does Hanover have expansion opportunities? Factors like these will boost the valuation of Hanover Insurance. If investors know Hanover will grow in the future, the company's valuation will be higher. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Hanover Insurance demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
0.751
Dividend Share
3.6
Earnings Share
17.33
Revenue Per Share
181.251
Quarterly Revenue Growth
0.064
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover Insurance's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover Insurance's 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 Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Hanover Insurance's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.