Hagerty Stock Odds of Future Stock Price Finishing Over 8.78
HGTY Stock | USD 8.78 0.07 0.79% |
Closest to current price Hagerty long CALL Option Payoff at Expiration
Hagerty |
Hagerty Target Price Odds to finish over 8.78
The tendency of Hagerty Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
8.78 | 90 days | 8.78 | about 28.63 |
Based on a normal probability distribution, the odds of Hagerty to move above the current price in 90 days from now is about 28.63 (This Hagerty probability density function shows the probability of Hagerty Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.03 . This usually indicates Hagerty market returns are sensitive to returns on the market. As the market goes up or down, Hagerty is expected to follow. Additionally Hagerty has an alpha of 0.1001, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Hagerty Price Density |
Price |
Predictive Modules for Hagerty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hagerty. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hagerty'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.
Hagerty Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Hagerty is not an exception. The market had few large corrections towards the Hagerty's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hagerty, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hagerty within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.10 | |
β | Beta against NYSE Composite | 1.03 | |
σ | Overall volatility | 0.39 | |
Ir | Information ratio | 0.06 |
Hagerty Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hagerty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hagerty can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Hagerty has a strong financial position based on the latest SEC filings | |
Over 82.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Mobil 1 Announced as Title Sponsor of RADwood 2024 and New Mobil 1 Totally RAD Live Festival Experience |
Hagerty Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hagerty Stock often depends not only on the future outlook of the current and potential Hagerty's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hagerty's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 340.3 M | |
Cash And Short Term Investments | 108.3 M |
Hagerty Technical Analysis
Hagerty's future price can be derived by breaking down and analyzing its technical indicators over time. Hagerty Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hagerty. In general, you should focus on analyzing Hagerty Stock price patterns and their correlations with different microeconomic environments and drivers.
Hagerty Predictive Forecast Models
Hagerty's time-series forecasting models is one of many Hagerty's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hagerty's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Hagerty
Checking the ongoing alerts about Hagerty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hagerty help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Hagerty has a strong financial position based on the latest SEC filings | |
Over 82.0% of the company shares are owned by institutional investors | |
Latest headline from finance.yahoo.com: Mobil 1 Announced as Title Sponsor of RADwood 2024 and New Mobil 1 Totally RAD Live Festival Experience |
Check out Hagerty Backtesting, Hagerty Valuation, Hagerty Correlation, Hagerty Hype Analysis, Hagerty Volatility, Hagerty History as well as Hagerty Performance. For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary 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.
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Hagerty's industry 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 Hagerty. If investors know Hagerty 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 Hagerty 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 (0.47) | Earnings Share 0.09 | Revenue Per Share 11.882 | Quarterly Revenue Growth 0.244 | Return On Assets 0.01 |
The market value of Hagerty is measured differently than its book value, which is the value of Hagerty that is recorded on the company's balance sheet. Investors also form their own opinion of Hagerty's value that differs from its market value or its book value, called intrinsic value, which is Hagerty's 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 Hagerty's market value can be influenced by many factors that don't directly affect Hagerty'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 Hagerty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hagerty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hagerty's 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.