Hertz Global Hldgs Stock Statistic Functions Beta

HTZWW Stock  USD 2.33  0.13  5.91%   
Hertz Global statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hertz Global. Hertz Global 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 statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Hertz Global statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Hertz Global Hldgs correlated with the market. If Beta is less than 0 Hertz Global generally moves in the opposite direction as compared to the market. If Hertz Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hertz Global Hldgs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hertz Global is generally in the same direction as the market. If Beta > 1 Hertz Global moves generally in the same direction as, but more than the movement of the benchmark.

Hertz Global Technical Analysis Modules

Most technical analysis of Hertz Global 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 Hertz from various momentum indicators to cycle indicators. When you analyze Hertz 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 Hertz Global 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 Hertz Global Hldgs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hertz Global Hldgs based on widely used predictive technical indicators. In general, we focus on analyzing Hertz Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hertz Global's daily price indicators and compare them against related drivers, such as statistic functions 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 Hertz Global's intrinsic value. In addition to deriving basic predictive indicators for Hertz Global, we also check how macroeconomic factors affect Hertz Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.03490.0332
Price To Sales Ratio0.350.33
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hertz Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.122.326.25
Details
Intrinsic
Valuation
LowRealHigh
0.091.885.81
Details
Naive
Forecast
LowNextHigh
0.052.276.20
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.932.212.48
Details

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Additional Tools for Hertz Stock Analysis

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