AI THG Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: The recent partnership with Frasers, enhancing consumer credit options, positions THG for increased sales growth. The anticipated rise in e-commerce engagement suggests robust revenue potential, supported by institutional buying and positive analyst sentiment.


Bearish Case: Heightened market volatility, reflected in elevated implied volatility, raises concerns about THG's near-term performance. Historical return metrics indicate potential stagnation or losses, especially if operational setbacks continue amid competitive pressures.


Potential Outcomes:

1. Moderate growth (60%): Leveraging e-commerce and expanded partnerships.

2. Minor decline (25%): Market corrections prompted by profit-taking.

3. Stagnation (15%): Continued flat performance driven by existing volatility and external risks.


Trading Oracle: Sign Up to access trading oracle trade ideas.


August 27, 2024


Hanover Insurance Forecast

THG      Hanover Insurance











Correlated Assets

Assets that tend to move strongly with THG



ALL Forecast + Options Trading Strategies   ALL  Allstate (0.86)


L Forecast + Options Trading Strategies   L  Loews (0.85)


URI Forecast + Options Trading Strategies   URI  United Rentals (0.85)


CAL Forecast + Options Trading Strategies   CAL  Caleres (0.84)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.84)



Uncorrelated Assets

Assets with little price relationship to THG



SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.0)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.0)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.0)


REI Forecast + Options Trading Strategies   REI  Ring Energy (0.01)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (0.01)



Anticorrelated Assets

Assets that tend to move strongly against THG



ADM Forecast + Options Trading Strategies   ADM  Archer Daniels Midland (-0.74)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.75)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.77)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.8)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.8)





Become a more profitable investor with AI optimized trading strategies






×

Chat with THG


 Ask any question about THG!