Hercules Capital Stock Market Value
| HCXY Stock | USD 24.96 0.06 0.24% |
| Symbol | Hercules |
Hercules Capital Price To Book Ratio
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 Hercules Capital. If investors know Hercules 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 Hercules Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share 1.24 |
The market value of Hercules Capital is measured differently than its book value, which is the value of Hercules that is recorded on the company's balance sheet. Investors also form their own opinion of Hercules Capital's value that differs from its market value or its book value, called intrinsic value, which is Hercules Capital'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 Hercules Capital's market value can be influenced by many factors that don't directly affect Hercules Capital'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 Hercules Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hercules Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hercules Capital'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.
Hercules Capital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Hercules Capital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Hercules Capital.
| 09/20/2024 |
| 12/19/2024 |
If you would invest 0.00 in Hercules Capital on September 20, 2024 and sell it all today you would earn a total of 0.00 from holding Hercules Capital or generate 0.0% return on investment in Hercules Capital over 90 days. Hercules Capital is related to or competes with Eagle Point, CMS Energy, Georgia Power, and Argo Group. Hercules Capital, Inc., formerly known as Hercules Technology Growth Capital, Inc., is a business development company sp... More
Hercules Capital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Hercules Capital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Hercules Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6789 |
Hercules Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hercules Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hercules Capital's standard deviation. In reality, there are many statistical measures that can use Hercules Capital historical prices to predict the future Hercules Capital's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hercules Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hercules Capital Backtested Returns
Hercules Capital holds Efficiency (Sharpe) Ratio of -0.0085, which attests that the entity had a -0.0085% return per unit of risk over the last 3 months. Hercules Capital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hercules Capital's Risk Adjusted Performance of (0.01), standard deviation of 0.4144, and Market Risk Adjusted Performance of (0.14) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0839, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Hercules Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Hercules Capital is expected to be smaller as well. At this point, Hercules Capital has a negative expected return of -0.0036%. Please make sure to check out Hercules Capital's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Hercules Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Hercules Capital has modest reverse predictability. Overlapping area represents the amount of predictability between Hercules Capital time series from 20th of September 2024 to 4th of November 2024 and 4th of November 2024 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hercules Capital price movement. The serial correlation of -0.46 indicates that about 46.0% of current Hercules Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Hercules Capital lagged returns against current returns
Autocorrelation, which is Hercules Capital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Hercules Capital's stock expected returns. We can calculate the autocorrelation of Hercules Capital returns to help us make a trade decision. For example, suppose you find that Hercules Capital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Hercules Capital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Hercules Capital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hercules Capital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hercules Capital stock over time.
Current vs Lagged Prices |
| Timeline |
Hercules Capital Lagged Returns
When evaluating Hercules Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hercules Capital stock have on its future price. Hercules Capital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Hercules Capital autocorrelation shows the relationship between Hercules Capital stock current value and its past values and can show if there is a momentum factor associated with investing in Hercules Capital.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Hercules Stock Analysis
When running Hercules Capital's price analysis, check to measure Hercules Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hercules Capital is operating at the current time. Most of Hercules Capital's value examination focuses on studying past and present price action to predict the probability of Hercules Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hercules Capital's price. Additionally, you may evaluate how the addition of Hercules Capital to your portfolios can decrease your overall portfolio volatility.