Goosehead Insurance Stock Technical Analysis
GSHD Stock | USD 122.18 1.75 1.45% |
As of the 22nd of November, Goosehead Insurance retains the Market Risk Adjusted Performance of 0.9165, risk adjusted performance of 0.2011, and Downside Deviation of 1.46. Goosehead Insurance technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Goosehead Insurance value at risk, and the relationship between the jensen alpha and semi variance to decide if Goosehead Insurance is priced fairly, providing market reflects its last-minute price of 122.18 per share. Given that Goosehead Insurance has jensen alpha of 0.545, we strongly advise you to confirm Goosehead Insurance's regular market performance to make sure the company can sustain itself at a future point.
Goosehead Insurance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Goosehead, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GooseheadGoosehead |
Goosehead Insurance Analyst Consensus
Target Price | Advice | # of Analysts | |
72.75 | Buy | 10 | Odds |
Most Goosehead analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Goosehead stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Goosehead Insurance, talking to its executives and customers, or listening to Goosehead conference calls.
Goosehead Insurance technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Goosehead Insurance Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Goosehead Insurance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Goosehead Insurance Trend Analysis
Use this graph to draw trend lines for Goosehead Insurance. You can use it to identify possible trend reversals for Goosehead Insurance as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Goosehead Insurance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Goosehead Insurance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Goosehead Insurance applied against its price change over selected period. The best fit line has a slop of 0.68 , which means Goosehead Insurance will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17262.61, which is the sum of squared deviations for the predicted Goosehead Insurance price change compared to its average price change.About Goosehead Insurance Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Goosehead Insurance on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Goosehead Insurance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Goosehead Insurance price pattern first instead of the macroeconomic environment surrounding Goosehead Insurance. By analyzing Goosehead Insurance's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Goosehead Insurance's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Goosehead Insurance specific price patterns or momentum indicators. Please read more on our technical analysis page.
2020 | 2021 | 2023 (projected) | Dividend Yield | 0.0213 | 0.024 | 0.0277 | Price To Sales Ratio | 17.9 | 16.49 | 6.94 |
Goosehead Insurance November 22, 2024 Technical Indicators
Most technical analysis of Goosehead 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 Goosehead from various momentum indicators to cycle indicators. When you analyze Goosehead charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2011 | |||
Market Risk Adjusted Performance | 0.9165 | |||
Mean Deviation | 1.65 | |||
Semi Deviation | 0.9504 | |||
Downside Deviation | 1.46 | |||
Coefficient Of Variation | 392.62 | |||
Standard Deviation | 2.44 | |||
Variance | 5.97 | |||
Information Ratio | 0.2099 | |||
Jensen Alpha | 0.545 | |||
Total Risk Alpha | 0.2936 | |||
Sortino Ratio | 0.3523 | |||
Treynor Ratio | 0.9065 | |||
Maximum Drawdown | 14.35 | |||
Value At Risk | (2.34) | |||
Potential Upside | 5.06 | |||
Downside Variance | 2.12 | |||
Semi Variance | 0.9032 | |||
Expected Short fall | (2.12) | |||
Skewness | 2.01 | |||
Kurtosis | 8.14 |
Complementary Tools for Goosehead Stock analysis
When running Goosehead Insurance's price analysis, check to measure Goosehead Insurance'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 Goosehead Insurance is operating at the current time. Most of Goosehead Insurance's value examination focuses on studying past and present price action to predict the probability of Goosehead Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goosehead Insurance's price. Additionally, you may evaluate how the addition of Goosehead Insurance to your portfolios can decrease your overall portfolio volatility.
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