Hertz Global Holdings Inc (HTZ)
Hertz Global Holdings, Inc. is a leading global car rental company headquartered in Estero, Florida. With a rich history spanning over a century, Hertz operates a comprehensive fleet of vehicles and provides mobility solutions to customers in various segments, including leisure and business travel. The company has embraced technology and innovation, enhancing its service offerings through digital platforms and sustainable practices, positioning itself for growth in the evolving transportation landscape. As it continues to adapt to market dynamics, Hertz remains a prominent player committed to delivering quality service and customer satisfaction.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 49.23% per annum.
- HTZ price at the close of March 6, 2026 was $4.12 and was lower than the bottom border of the primary price channel by $0.40 (8.87%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.96% per annum.
- HTZ price at the close of March 6, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of HTZ price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: May 31, 2024
End date: February 18, 2026
a = 0.0285
b = 0.0011
s = 0.1971
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0011) – 1
= 49.23%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1971) – 1
= 119.96%
May 31, 2024 calculations
Top border of price channel:
Exp(Y733)
= Exp(a + b × X733 + 2 × s)
= Exp(a + b × 1,065 + 2 × s)
= Exp(0.0285 + 0.0011 × 1,065 + 2 × 0.1971)
= Exp(1.5907)
= $4.91
Bottom border of price channel:
Exp(Y733)
= Exp(a + b × X733 – 2 × s)
= Exp(a + b × 1,065 – 2 × s)
= Exp(0.0285 + 0.0011 × 1,065 – 2 × 0.1971)
= Exp(0.8024)
= $2.23
February 18, 2026 calculations
Top border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 + 2 × s)
= Exp(a + b × 1,693 + 2 × s)
= Exp(0.0285 + 0.0011 × 1,693 + 2 × 0.1971)
= Exp(2.2794)
= $9.77
Bottom border of price channel:
Exp(Y1,162)
= Exp(a + b × X1,162 – 2 × s)
= Exp(a + b × 1,693 – 2 × s)
= Exp(0.0285 + 0.0011 × 1,693 – 2 × 0.1971)
= Exp(1.4911)
= $4.44
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 49.23% per annum.
- HTZ price at the close of March 6, 2026 was $4.12 and was lower than the bottom border of the primary price channel by $0.40 (8.87%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: April 17, 2025
End date: March 6, 2026
a = 3.7291
b = -0.0013
s = 0.1011
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -36.96%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1011) – 1
= 49.82%
April 17, 2025 calculations
Top border of price channel:
Exp(Y953)
= Exp(a + b × X953 + 2 × s)
= Exp(a + b × 1,386 + 2 × s)
= Exp(3.7291 + -0.0013 × 1,386 + 2 × 0.1011)
= Exp(2.1793)
= $8.84
Bottom border of price channel:
Exp(Y953)
= Exp(a + b × X953 – 2 × s)
= Exp(a + b × 1,386 – 2 × s)
= Exp(3.7291 + -0.0013 × 1,386 – 2 × 0.1011)
= Exp(1.7750)
= $5.90
March 6, 2026 calculations
Top border of price channel:
Exp(Y1,174)
= Exp(a + b × X1,174 + 2 × s)
= Exp(a + b × 1,709 + 2 × s)
= Exp(3.7291 + -0.0013 × 1,709 + 2 × 0.1011)
= Exp(1.7710)
= $5.88
Bottom border of price channel:
Exp(Y1,174)
= Exp(a + b × X1,174 – 2 × s)
= Exp(a + b × 1,709 – 2 × s)
= Exp(3.7291 + -0.0013 × 1,709 – 2 × 0.1011)
= Exp(1.3668)
= $3.92
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 36.96% per annum.
- HTZ price at the close of March 6, 2026 was inside the secondary price channel.