Hagerty Stock Price on April 16, 2021

HGTY Stock  USD 9.18  0.18  2.00%   
If you're considering investing in Hagerty Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hagerty stands at 9.18, as last reported on the 28th of March, with the highest price reaching 9.18 and the lowest price hitting 8.91 during the day. Hagerty appears to be not too volatile, given 3 months investment horizon. Hagerty holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hagerty, which you can use to evaluate the volatility of the firm. Please utilize Hagerty's Risk Adjusted Performance of 0.0747, downside deviation of 1.46, and Market Risk Adjusted Performance of (0.38) to validate if our risk estimates are consistent with your expectations.
  
At this time, Hagerty's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 589.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 184.4 M in 2024. . At this time, Hagerty's Price Earnings Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.09 in 2024, whereas Price To Sales Ratio is likely to drop 1.91 in 2024. Hagerty Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1891

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsHGTY
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.47
  actual daily
12
88% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
14
86% of assets perform better
Based on monthly moving average Hagerty is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hagerty by adding it to a well-diversified portfolio.
Price Book
8.1912
Enterprise Value Ebitda
29.7495
Price Sales
3.0105
Shares Float
77.5 M
Wall Street Target Price
10

Hagerty Valuation on April 16, 2021

It is possible to determine the worth of Hagerty on a given historical date. On April 16, 2021 Hagerty was worth 13.86 at the beginning of the trading date compared to the closed value of 13.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hagerty stock. Still, in general, we apply an absolute valuation method to find Hagerty's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hagerty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hagerty's related companies.
 Open High Low Close Volume
03/14/2022
  13.86    13.86    12.78    13.14    362,700  
  13.02    13.35    12.98    13.10    224,300  
Backtest Hagerty  |  Hagerty History  |  Hagerty Valuation Next  
Open Value
13.86
13.14
Closing Value
18.27
Upside

Hagerty Trading Date Momentum on April 16, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Hagerty Fundamentals Correlations and Trends

By evaluating Hagerty's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hagerty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hagerty financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hagerty Stock history

Hagerty investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hagerty is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hagerty will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hagerty stock prices may prove useful in developing a viable investing in Hagerty
Last ReportedProjected for 2024
Common Stock Shares Outstanding340.3 M184.4 M
Net Income Applicable To Common Shares28.9 M30.3 M

Hagerty Stock Technical Analysis

Hagerty 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.
A focus of Hagerty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hagerty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hagerty Period Price Range

Low
March 14, 2022
High

 13.86 

  

 13.14 

-0.72-5.19%

Hagerty March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Hagerty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hagerty shares will generate the highest return on investment. By undertsting and applying Hagerty stock market strength indicators, traders can identify Hagerty entry and exit signals to maximize returns

Hagerty Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hagerty's price direction in advance. Along with the technical and fundamental analysis of Hagerty Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hagerty to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Hagerty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hagerty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hagerty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hagerty Stock:
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 tightly coupled 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.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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 Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Valuation
Check real value of public entities based on technical and fundamental data
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
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.