Goosehead Stock Market Value

GSHD
 Stock
  

USD 40.86  0.46  1.14%   

Goosehead Insurance's market value is the price at which a share of Goosehead Insurance stock trades on a public exchange. It measures the collective expectations of Goosehead Insurance investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Goosehead Insurance and determine expected loss or profit from investing in Goosehead Insurance over a given investment horizon. Please check Goosehead Insurance Correlation, Goosehead Insurance Volatility and Goosehead Insurance Alpha and Beta module to complement your research on Goosehead Insurance.
Symbol


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 YOY
(0.53) 
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0091
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 Goosehead Insurance value 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.

Goosehead Insurance 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Goosehead Insurance's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Goosehead Insurance.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in Goosehead Insurance on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding Goosehead Insurance or generate 0.0% return on investment in Goosehead Insurance over 30 days. Goosehead Insurance is related to or competes with Arch Capital, Aegon NV, American International, Hartford Financial, Old Republic, Sun Life, and Arthur J. Goosehead Insurance, Inc. operates as a holding company for Goosehead Financial, LLC that provides personal lines insura... More

Goosehead Insurance Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Goosehead Insurance's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Goosehead Insurance upside and downside potential and time the market with a certain degree of confidence.

Goosehead Insurance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Goosehead Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Goosehead Insurance's standard deviation. In reality, there are many statistical measures that can use Goosehead Insurance historical prices to predict the future Goosehead Insurance's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Goosehead Insurance's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Goosehead Insurance in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
35.3940.9346.47
Details
Intrinsic
Valuation
LowReal ValueHigh
36.7767.5673.10
Details
8 Analysts
Consensus
LowTarget PriceHigh
130.00151.71175.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
0.260.330.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Goosehead Insurance. Your research has to be compared to or analyzed against Goosehead Insurance's peers to derive any actionable benefits. When done correctly, Goosehead Insurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Goosehead Insurance.

Goosehead Insurance Backtested Returns

Goosehead Insurance holds Efficiency (Sharpe) Ratio of -0.0192, which attests that the entity had -0.0192% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Goosehead Insurance exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Goosehead Insurance market risk adjusted performance of (0.12), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 1.7259, which attests to a somewhat significant risk relative to the market. Let's try to break down what Goosehead's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Goosehead Insurance will likely underperform. Even though it is essential to pay attention to Goosehead Insurance current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Goosehead Insurance exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Goosehead Insurance has an expected return of -0.11%. Please be advised to check out Goosehead Insurance semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Goosehead Insurance performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.23  

Weak predictability

Goosehead Insurance has weak predictability. Overlapping area represents the amount of predictability between Goosehead Insurance time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Goosehead Insurance price movement. The serial correlation of 0.23 indicates that over 23.0% of current Goosehead Insurance price fluctuation can be explain by its past prices.
Correlation Coefficient0.23
Spearman Rank Test0.19
Residual Average0.0
Price Variance0.49

Goosehead Insurance lagged returns against current returns

Autocorrelation, which is Goosehead Insurance stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Goosehead Insurance's stock expected returns. We can calculate the autocorrelation of Goosehead Insurance returns to help us make a trade decision. For example, suppose you find that Goosehead Insurance stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Goosehead Insurance regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Goosehead Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Goosehead Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Goosehead Insurance stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Goosehead Insurance Lagged Returns

When evaluating Goosehead Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Goosehead Insurance stock have on its future price. Goosehead Insurance autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Goosehead Insurance autocorrelation shows the relationship between Goosehead Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Goosehead Insurance.
   Regressed Prices   
Share
       Timeline  

Goosehead Insurance Investors Sentiment

The influence of Goosehead 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 Goosehead. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Goosehead Insurance's public news can be used to forecast risks associated with investment in Goosehead. The trend in average sentiment can be used to explain how an investor holding Goosehead can time the market purely based on public headlines and social activities around Goosehead Insurance. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Goosehead 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 Goosehead 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 Goosehead Insurance's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goosehead 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 Goosehead 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, Goosehead Insurance's short interest history, or implied volatility extrapolated from Goosehead Insurance options trading.

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Please check Goosehead Insurance Correlation, Goosehead Insurance Volatility and Goosehead Insurance Alpha and Beta module to complement your research on Goosehead Insurance. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Goosehead Stock analysis

When running Goosehead Insurance 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 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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Goosehead Insurance 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 Goosehead Insurance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Goosehead Insurance 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...