Heritage Global Financials
| HGBL Stock | USD 2.24 0.03 1.32% |
Heritage |
Understanding current and past Heritage Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Heritage Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Heritage Global's assets may result in an increase in income on the income statement.
Heritage Global Stock Summary
Heritage Global competes with Scully Royalty, Mercurity Fintech, Donnelley Financial, Oppenheimer Holdings, and Nomura Holdings. Heritage Global, Inc., together with its subsidiaries, operates as an asset services company with focus on financial and industrial asset transactions. Heritage Global, Inc. was incorporated in 1983 and is headquartered in San Diego, California. Heritage Global operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 63 people.Specialization | Financial Services, Financial Services |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| ISIN | US42727E1038 |
| CUSIP | 42727E103 449927102 22226X109 22943V105 |
| Location | California; U.S.A |
| Business Address | 12625 High Bluff |
| Sector | Capital Markets |
| Industry | Financials |
| Benchmark | Dow Jones Industrial |
| Website | hginc.com |
| Phone | 858 847 0659 |
| Currency | USD - US Dollar |
Heritage Global Key Financial Ratios
Heritage Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Global's current stock value. Our valuation model uses many indicators to compare Heritage Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heritage Global competition to find correlations between indicators driving Heritage Global's intrinsic value. More Info.Heritage Global is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.39 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Heritage Global is roughly 2.54 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Heritage Global by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Heritage Global Systematic Risk
Heritage Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Heritage Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on Heritage Global correlated with the market. If Beta is less than 0 Heritage Global generally moves in the opposite direction as compared to the market. If Heritage Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Heritage Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Heritage Global is generally in the same direction as the market. If Beta > 1 Heritage Global moves generally in the same direction as, but more than the movement of the benchmark.
Heritage Global February 17, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Heritage Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Heritage Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Global based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Global's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.47 | |||
| Information Ratio | 0.2554 | |||
| Maximum Drawdown | 11.99 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 4.74 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Asset Management & Custody Banks space 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 Heritage Global. If investors know Heritage 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 Heritage Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage Global'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 Heritage Global's market value can be influenced by many factors that don't directly affect Heritage Global'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 Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Global'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.