Hanover Insurance Stock Forecast - Accumulation Distribution
| THG Stock | USD 130.00 0.41 0.32% |
Hanover Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hanover Insurance stock prices and determine the direction of The Hanover Insurance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hanover Insurance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Hanover 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 Hanover Insurance's systematic risk associated with finding meaningful patterns of Hanover Insurance fundamentals over time.
Check out Historical Fundamental Analysis of Hanover Insurance to cross-verify your projections. Hanover |
Open Interest Against 2024-05-17 Hanover Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Hanover 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 Hanover Insurance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Hanover 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 Hanover Insurance's open interest, investors have to compare it to Hanover 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 Hanover 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 Hanover. 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 Hanover 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 Hanover Insurance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hanover 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 Hanover Insurance is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of The Hanover Insurance to determine if accumulation or reduction is taking place in the market. This value is adjusted by Hanover Insurance trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 0.014 | 0.014 |
| Check Hanover Insurance Volatility | Backtest Hanover Insurance | Information Ratio |
Hanover Insurance Trading Date Momentum
| On April 29 2024 The Hanover Insurance was traded for 130.00 at the closing time. Highest Hanover Insurance's price during the trading hours was 131.11 and the lowest price during the day was 129.28 . There was no trading activity during the period 0.0. Lack of trading volume on the 29th of April did not result in any price rise and fall. The trading price change to current price is 0.32% . |
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 Hanover Insurance to competition |
Other Forecasting Options for Hanover Insurance
For every potential investor in Hanover, whether a beginner or expert, Hanover Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hanover Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hanover. Basic forecasting techniques help filter out the noise by identifying Hanover Insurance's price trends.View Hanover Insurance Related Equities
| Risk & Return | Correlation |
Hanover 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 Hanover 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 Hanover Insurance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hanover Insurance Market Strength Events
Market strength indicators help investors to evaluate how Hanover 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 Hanover Insurance shares will generate the highest return on investment. By undertsting and applying Hanover Insurance stock market strength indicators, traders can identify The Hanover Insurance entry and exit signals to maximize returns.
Hanover Insurance Risk Indicators
The analysis of Hanover 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 Hanover Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hanover 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 | 0.9471 | |||
| Semi Deviation | 1.09 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.43 | |||
| Downside Variance | 1.22 | |||
| Semi Variance | 1.18 | |||
| Expected Short fall | (1.05) |
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.
Hanover Insurance Investors Sentiment
The influence of Hanover Insurance's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hanover. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hanover Insurance's public news can be used to forecast risks associated with an investment in Hanover. The trend in average sentiment can be used to explain how an investor holding Hanover can time the market purely based on public headlines and social activities around The Hanover Insurance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hanover Insurance's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hanover Insurance's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hanover Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hanover Insurance.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hanover Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hanover Insurance's short interest history, or implied volatility extrapolated from Hanover Insurance options trading.
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When determining whether Hanover Insurance is a strong investment it is important to analyze Hanover 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 Hanover Insurance's future performance. For an informed investment choice regarding Hanover Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Hanover Insurance to cross-verify your projections. Note that the Hanover Insurance information on this page should be used as a complementary analysis to other Hanover 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Hanover Stock analysis
When running Hanover Insurance's price analysis, check to measure Hanover 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 Hanover Insurance is operating at the current time. Most of Hanover Insurance's value examination focuses on studying past and present price action to predict the probability of Hanover 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 Hanover Insurance's price. Additionally, you may evaluate how the addition of Hanover Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Hanover 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 Hanover Insurance. If investors know Hanover 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 Hanover 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 16.105 | Dividend Share 3.28 | Earnings Share 0.93 | Revenue Per Share 167.885 | Quarterly Revenue Growth 0.034 |
The market value of Hanover Insurance is measured differently than its book value, which is the value of Hanover that is recorded on the company's balance sheet. Investors also form their own opinion of Hanover Insurance's value that differs from its market value or its book value, called intrinsic value, which is Hanover 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 Hanover Insurance's market value can be influenced by many factors that don't directly affect Hanover 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 Hanover Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover 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.