Hertz Global Stock Forecast - Accumulation Distribution
| HTZWW Stock | USD 2.83 0.03 1.05% |
Hertz Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hertz Global stock prices and determine the direction of Hertz Global Hldgs's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hertz Global's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hertz Global's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Hertz Global's systematic risk associated with finding meaningful patterns of Hertz Global fundamentals over time.
Check out Historical Fundamental Analysis of Hertz Global to cross-verify your projections. Hertz |
Most investors in Hertz Global 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 Hertz Global's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hertz Global's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Hertz Global is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Hertz Global Hldgs to determine if accumulation or reduction is taking place in the market. This value is adjusted by Hertz Global trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 9792.05 | 3719.73 |
| Check Hertz Global Volatility | Backtest Hertz Global | Trend Details |
Hertz Global Trading Date Momentum
| On April 23 2024 Hertz Global Hldgs was traded for 3.44 at the closing time. The highest daily price throughout the period was 3.50 and the lowest price was 3.29 . The daily volume was 356.8 K. The net trading volume on 04/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.44% . The trading delta at closing time to current closing price is 24.44% . |
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 Hertz Global to competition |
Other Forecasting Options for Hertz Global
For every potential investor in Hertz, whether a beginner or expert, Hertz Global's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hertz Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hertz. Basic forecasting techniques help filter out the noise by identifying Hertz Global's price trends.Hertz Global 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 Hertz Global stock to make a market-neutral strategy. Peer analysis of Hertz Global could also be used in its relative valuation, which is a method of valuing Hertz Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hertz Global Hldgs 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 Hertz Global'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 Hertz Global's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hertz Global Market Strength Events
Market strength indicators help investors to evaluate how Hertz Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hertz Global shares will generate the highest return on investment. By undertsting and applying Hertz Global stock market strength indicators, traders can identify Hertz Global Hldgs entry and exit signals to maximize returns.
| Accumulation Distribution | 4075.22 | |||
| Daily Balance Of Power | (0.13) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 2.78 | |||
| Day Typical Price | 2.79 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | (0.03) |
Hertz Global Risk Indicators
The analysis of Hertz Global'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 Hertz Global's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hertz 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 | 3.18 | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.2 |
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 Hertz Global Hldgs is a strong investment it is important to analyze Hertz Global'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 Hertz Global's future performance. For an informed investment choice regarding Hertz Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Hertz Global to cross-verify your projections. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Hertz Stock analysis
When running Hertz Global's price analysis, check to measure Hertz Global'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 Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |
Is Hertz Global'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 Hertz Global. If investors know Hertz 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 Hertz Global 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 (0.31) | Earnings Share 1.193 | Revenue Per Share 30.434 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0031 |
The market value of Hertz Global Hldgs is measured differently than its book value, which is the value of Hertz that is recorded on the company's balance sheet. Investors also form their own opinion of Hertz Global's value that differs from its market value or its book value, called intrinsic value, which is Hertz Global'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 Hertz Global's market value can be influenced by many factors that don't directly affect Hertz Global'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 Hertz Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hertz Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hertz Global'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.