Hanover Insurance Stock Forecast - Price Action Indicator
| AF4 Stock | EUR 158.00 4.00 2.60% |
Hanover Stock Forecast is based on your current time horizon. 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.
Hanover |
| Check Hanover Insurance Volatility | Backtest Hanover Insurance | Information Ratio |
Hanover Insurance Trading Date Momentum
| On November 29 2024 The Hanover Insurance was traded for 158.00 at the closing time. The highest daily price throughout the period was 158.00 and the lowest price was 153.00 . The daily volume was 13.0. The net trading volume on 11/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 3.16% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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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.Hanover 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 Hanover Insurance stock to make a market-neutral strategy. Peer analysis of Hanover Insurance could also be used in its relative valuation, which is a method of valuing Hanover Insurance by comparing valuation metrics with similar companies.
| 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 | 1.17 | |||
| Semi Deviation | 0.8393 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Downside Variance | 1.81 | |||
| Semi Variance | 0.7044 | |||
| Expected Short fall | (1.68) |
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.
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Additional Information and Resources on Investing in Hanover Stock
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. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.