Goosehead Insurance Stock Forecast - Accumulation Distribution
| GSHD Stock | USD 63.71 0.98 1.51% |
Goosehead Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Goosehead Insurance stock prices and determine the direction of Goosehead Insurance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Goosehead Insurance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Goosehead Insurance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Goosehead Insurance's systematic risk associated with finding meaningful patterns of Goosehead Insurance fundamentals over time.
Check out Historical Fundamental Analysis of Goosehead Insurance to cross-verify your projections. Goosehead |
Open Interest Against 2024-06-21 Goosehead Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Goosehead Insurance's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Goosehead Insurance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Goosehead Insurance stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Goosehead Insurance's open interest, investors have to compare it to Goosehead Insurance's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Goosehead Insurance is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Goosehead. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Goosehead Insurance cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Goosehead Insurance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Goosehead Insurance's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Goosehead Insurance is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Goosehead Insurance to determine if accumulation or reduction is taking place in the market. This value is adjusted by Goosehead Insurance trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 5937.3 | 6183.36 |
| Check Goosehead Insurance Volatility | Backtest Goosehead Insurance | Trend Details |
Goosehead Insurance Trading Date Momentum
| On April 10 2024 Goosehead Insurance was traded for 58.87 at the closing time. The top price for the day was 59.39 and the lowest listed price was 55.54 . The trading volume for the day was 546.1 K. The trading history from April 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.87% . The overall trading delta against the current closing price is 4.16% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Goosehead Insurance to competition |
Other Forecasting Options for Goosehead Insurance
For every potential investor in Goosehead, whether a beginner or expert, Goosehead Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Goosehead Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Goosehead. Basic forecasting techniques help filter out the noise by identifying Goosehead Insurance's price trends.Goosehead Insurance Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Goosehead Insurance stock to make a market-neutral strategy. Peer analysis of Goosehead Insurance could also be used in its relative valuation, which is a method of valuing Goosehead Insurance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Goosehead Insurance Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Goosehead Insurance's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Goosehead Insurance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Goosehead Insurance Market Strength Events
Market strength indicators help investors to evaluate how Goosehead Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Goosehead Insurance shares will generate the highest return on investment. By undertsting and applying Goosehead Insurance stock market strength indicators, traders can identify Goosehead Insurance entry and exit signals to maximize returns.
Goosehead Insurance Risk Indicators
The analysis of Goosehead Insurance's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Goosehead Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting goosehead stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.44 | |||
| Standard Deviation | 3.75 | |||
| Variance | 14.1 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Goosehead Insurance is a strong investment it is important to analyze Goosehead Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Goosehead Insurance's future performance. For an informed investment choice regarding Goosehead Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Goosehead Insurance to cross-verify your projections. For information on how to trade Goosehead Stock refer to our How to Trade Goosehead Stock guide.Note that the Goosehead Insurance information on this page should be used as a complementary analysis to other Goosehead Insurance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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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Is Goosehead Insurance'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 Goosehead Insurance. If investors know Goosehead 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 Goosehead Insurance 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 5.55 | Earnings Share 0.61 | Revenue Per Share 10.922 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0581 |
The market value of Goosehead Insurance is measured differently than its book value, which is the value of Goosehead that is recorded on the company's balance sheet. Investors also form their own opinion of Goosehead Insurance's value that differs from its market value or its book value, called intrinsic value, which is Goosehead Insurance'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 Goosehead Insurance's market value can be influenced by many factors that don't directly affect Goosehead Insurance'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 Goosehead Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goosehead Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goosehead Insurance'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.