HGTY Forecast


Bullish Case: HGTY has potential upside due to resilient rare model demand and economic recovery signs, as well as high implied volatility suggesting future price jumps.


Bearish Case: Economic uncertainty and recent flat price action indicate risk, coupled with high implied volatility suggesting investor caution and potential downside risks.


Potential Outcomes:

1) Market rebound due to economic recovery: 35%.

2) Continued flat market: 40%.

3) Prolonged economic woes leading to a downturn: 25%. The probabilities reflect our previous conjectures and current data.


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June 24, 2024


Hagerty Forecast

HGTY      Hagerty











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Assets that tend to move strongly with HGTY



KMB Forecast + Options Trading Strategies   KMB  Kimberly-Clark (0.83)


DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (0.8)


REAL Forecast + Options Trading Strategies   REAL  Therealreal (0.79)


GLW Forecast + Options Trading Strategies   GLW  Corning (0.79)


BOOT Forecast + Options Trading Strategies   BOOT  Boot Barn (0.77)



Uncorrelated Assets

Assets with little price relationship to HGTY



MCFT Forecast + Options Trading Strategies   MCFT  MasterCraft Boat (-0.0)


WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (-0.0)


BZH Forecast + Options Trading Strategies   BZH  Beazer Homes USA (0.0)


VEEV Forecast + Options Trading Strategies   VEEV  Veeva Systems (-0.0)


CCI Forecast + Options Trading Strategies   CCI  Crown Castle International (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against HGTY



AKAM Forecast + Options Trading Strategies   AKAM  Akamai (-0.66)


NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.67)


IMVT Forecast + Options Trading Strategies   IMVT  Immunovant (-0.68)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.7)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.7)





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