HGTY Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: HGTY benefits from niche market growth, driven by increased classic car interest and economic stabilization, while options data shows potential upside.




Bearish Case: High HGTY volatility signals market caution; economic challenges may depress collector car demand, impacting prices negatively.




Potential Outcomes: Economic recovery boosts demand (60%). Economic slump impacts market (30%). Rare model interest stabilizes prices (10%).




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December 31, 2024


Hagerty Forecast

HGTY        Hagerty











Correlated Assets

Assets that tend to move strongly with HGTY



JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.89)


COOP Forecast + Options Trading Strategies   COOP  Mr. Cooper (0.87)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.85)


FLR Forecast + Options Trading Strategies   FLR  Fluor (0.85)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.85)



Uncorrelated Assets

Assets with little price relationship to HGTY



BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.0)


EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (0.01)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.01)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (0.02)


LCID Forecast + Options Trading Strategies   LCID  Lucid (0.03)



Anticorrelated Assets

Assets that tend to move strongly against HGTY



WW Forecast + Options Trading Strategies   WW  WW International (-0.83)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.83)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.83)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)









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