Hertz Global Hldgs Stock Technical Analysis

HTZWW Stock  USD 2.66  0.03  1.14%   
As of the 26th of November, Hertz Global retains the Risk Adjusted Performance of 0.0549, market risk adjusted performance of 0.1562, and Downside Deviation of 4.16. Hertz Global technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hertz Global Hldgs treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Hertz Global is priced fairly, providing market reflects its last-minute price of 2.66 per share. Please also validate Hertz Global Hldgs total risk alpha, which is currently at (0.41) to confirm the company can sustain itself at a future point.

Hertz Global Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hertz, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hertz
  
Hertz Global's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hertz Global 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 Hertz Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hertz Global 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...

Hertz Global Hldgs Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hertz Global Hldgs volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hertz Global Hldgs Trend Analysis

Use this graph to draw trend lines for Hertz Global Hldgs. You can use it to identify possible trend reversals for Hertz Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hertz Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hertz Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hertz Global Hldgs applied against its price change over selected period. The best fit line has a slop of   0.0001  , which may suggest that Hertz Global Hldgs market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Hertz Global price change compared to its average price change.

About Hertz Global Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hertz Global Hldgs on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hertz Global Hldgs based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hertz Global Hldgs price pattern first instead of the macroeconomic environment surrounding Hertz Global Hldgs. By analyzing Hertz Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hertz Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hertz Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.03490.0332
Price To Sales Ratio0.350.33

Hertz Global November 26, 2024 Technical Indicators

Most technical analysis of Hertz help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hertz from various momentum indicators to cycle indicators. When you analyze Hertz charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hertz Global November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hertz stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional 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.