Hagerty Other Non Cash Items vs Begin Period Cash Flow Analysis

HGTY Stock  USD 8.89  0.88  9.01%   
Hagerty financial indicator trend analysis is much more than just examining Hagerty latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hagerty is a good investment. Please check the relationship between Hagerty Other Non Cash Items and its Begin Period Cash Flow accounts. 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 closely tied 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.

Other Non Cash Items vs Begin Period Cash Flow

Other Non Cash Items vs Begin Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hagerty Other Non Cash Items account and Begin Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Hagerty's Other Non Cash Items and Begin Period Cash Flow is -0.44. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Hagerty, assuming nothing else is changed. The correlation between historical values of Hagerty's Other Non Cash Items and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Hagerty are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Other Non Cash Items i.e., Hagerty's Other Non Cash Items and Begin Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Other Non Cash Items

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.
Most indicators from Hagerty's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hagerty current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied 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.At this time, Hagerty's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.41 in 2024, whereas Tax Provision is likely to drop slightly above 7.5 M in 2024.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization22.1M33.9M45.8M23.9M
Tax Provision6.8M7.0M14.9M7.5M

Hagerty fundamental ratios Correlations

0.890.880.680.780.170.05-0.230.95-0.76-0.510.630.63-0.09-0.250.870.260.330.930.920.79-0.60.920.90.880.74
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0.680.390.450.810.27-0.29-0.450.75-0.380.120.080.03-0.64-0.680.460.15-0.10.390.60.280.040.360.550.380.15
0.780.480.50.810.61-0.51-0.720.77-0.24-0.140.380.25-0.29-0.330.52-0.06-0.240.560.710.5-0.110.540.60.470.38
0.17-0.17-0.230.270.61-0.93-0.870.030.43-0.130.310.060.190.32-0.02-0.81-0.78-0.010.190.160.180.00.06-0.2-0.23
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-0.230.180.2-0.45-0.72-0.870.92-0.12-0.45-0.220.020.240.230.080.150.570.830.04-0.080.07-0.430.040.060.210.2
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0.630.710.620.080.380.310.050.020.51-0.55-0.960.970.680.540.82-0.160.340.770.80.95-0.880.790.80.690.61
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-0.090.120.0-0.64-0.290.190.080.23-0.25-0.02-0.790.680.650.970.2-0.420.160.190.120.45-0.590.230.140.110.18
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0.870.950.930.460.52-0.020.320.150.87-0.88-0.760.820.870.2-0.020.340.610.940.970.95-0.870.930.990.940.81
0.260.50.60.15-0.06-0.810.790.570.46-0.610.1-0.160.06-0.42-0.610.340.780.350.210.13-0.260.330.290.540.59
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0.920.890.880.60.710.190.09-0.080.91-0.78-0.680.80.80.12-0.070.970.210.410.910.93-0.750.90.990.890.73
0.790.880.830.280.50.160.190.070.74-0.73-0.890.950.960.450.260.950.130.50.90.93-0.910.910.930.870.78
-0.6-0.84-0.780.04-0.110.18-0.52-0.43-0.550.80.93-0.88-0.97-0.59-0.37-0.87-0.26-0.74-0.83-0.75-0.91-0.84-0.81-0.84-0.78
0.920.980.940.360.540.00.30.040.85-0.83-0.740.790.830.230.020.930.330.571.00.90.91-0.840.910.970.9
0.90.930.910.550.60.060.230.060.9-0.86-0.710.80.830.14-0.070.990.290.530.930.990.93-0.810.910.920.75
0.881.00.990.380.47-0.20.460.210.89-0.91-0.660.690.790.11-0.130.940.540.710.970.890.87-0.840.970.920.93
0.740.920.920.150.38-0.230.490.20.76-0.75-0.60.610.710.18-0.050.810.590.690.90.730.78-0.780.90.750.93
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Hagerty Account Relationship Matchups

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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.