Heritage Global Stock Performance
| HGBL Stock | USD 2.04 0.03 1.49% |
On a scale of 0 to 100, Heritage Global holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Heritage Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Heritage Global is expected to be smaller as well. Please check Heritage Global's maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Heritage Global's current trending patterns will revert.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Heritage Global are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting fundamental drivers, Heritage Global disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (2.19) | Five Day Return (4.29) | Year To Date Return 7.49 | Ten Year Return 402.5 | All Time Return (96.65) |
Last Split Factor 1:20 | Last Split Date 2003-12-09 |
1 | Disposition of 10000 shares by David Ludwig of Heritage Global at 1.77 subject to Rule 16b-3 | 12/03/2024 |
2 | Disposition of 10000 shares by David Ludwig of Heritage Global at 1.76 subject to Rule 16b-3 | 12/05/2024 |
3 | Insider Sell David Ludwig Sells 10,000 Shares of Heritage Global Inc | 12/06/2024 |
4 | Disposition of 10000 shares by David Ludwig of Heritage Global at 1.75 subject to Rule 16b-3 | 12/18/2024 |
5 | Acquisition by Brian Cobb of 125000 shares of Heritage Global subject to Rule 16b-3 | 12/31/2024 |
6 | Disposition of 10000 shares by David Ludwig of Heritage Global at 1.99 subject to Rule 16b-3 | 01/08/2025 |
7 | Disposition of 10000 shares by David Ludwig of Heritage Global at 2.07 subject to Rule 16b-3 | 01/15/2025 |
8 | Heritage Global Partners Cloud Investment Partners to Host Online Auction Featuring Aerospace Defense SATCOM Assets | 01/16/2025 |
9 | Disposition of 10000 shares by David Ludwig of Heritage Global at 2.13 subject to Rule 16b-3 | 01/29/2025 |
10 | US Penny Stocks Spotlight HeartBeam And Two More Standout Picks - Simply Wall St | 01/31/2025 |
11 | Disposition of 10000 shares by David Ludwig of Heritage Global at 2.24 subject to Rule 16b-3 | 02/12/2025 |
| Begin Period Cash Flow | 12.7 M |
Heritage |
Heritage Global Relative Risk vs. Return Landscape
If you would invest 176.00 in Heritage Global on November 28, 2024 and sell it today you would earn a total of 26.50 from holding Heritage Global or generate 15.06% return on investment over 90 days. Heritage Global is currently generating 0.2629% in daily expected returns and assumes 2.2512% risk (volatility on return distribution) over the 90 days horizon. In different words, 20% of stocks are less volatile than Heritage, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Heritage Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Heritage Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Heritage Global, and traders can use it to determine the average amount a Heritage Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1168
| Best Portfolio | Best Equity | |||
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| Small Returns | HGBL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.25 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Heritage Global is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Heritage Global by adding it to a well-diversified portfolio.
Heritage Global Fundamentals Growth
Heritage Stock prices reflect investors' perceptions of the future prospects and financial health of Heritage Global, and Heritage Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Heritage Stock performance.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 50.77 M | ||||
| Shares Outstanding | 36.34 M | ||||
| Price To Earning | 8.63 X | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 1.46 X | ||||
| Revenue | 60.55 M | ||||
| Gross Profit | 34.59 M | ||||
| EBITDA | 14.83 M | ||||
| Net Income | 12.47 M | ||||
| Cash And Equivalents | 16.08 M | ||||
| Cash Per Share | 0.44 X | ||||
| Total Debt | 9.88 M | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 1.73 X | ||||
| Book Value Per Share | 1.82 X | ||||
| Cash Flow From Operations | 13.02 M | ||||
| Earnings Per Share | 0.27 X | ||||
| Market Capitalization | 73.05 M | ||||
| Total Asset | 83.17 M | ||||
| Retained Earnings | (233.03 M) | ||||
| Working Capital | 11.56 M | ||||
| Current Asset | 5.67 M | ||||
| Current Liabilities | 10.39 M | ||||
About Heritage Global Performance
By examining Heritage Global's fundamental ratios, stakeholders can obtain critical insights into Heritage Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Heritage Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 102.74 | 110.68 | |
| Return On Tangible Assets | 0.17 | 0.16 | |
| Return On Capital Employed | 0.19 | 0.18 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.18 | 0.19 |
Things to note about Heritage Global performance evaluation
Checking the ongoing alerts about Heritage Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Heritage Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from gurufocus.com: Insider Sell David Ludwig Sells 10,000 Shares of Heritage Global Inc |
- Analyzing Heritage Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Heritage Global's stock is overvalued or undervalued compared to its peers.
- Examining Heritage Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Heritage Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Heritage Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Heritage Global's stock. These opinions can provide insight into Heritage Global's potential for growth and whether the stock is currently undervalued or overvalued.
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.
Quarterly Earnings Growth (0.41) | Earnings Share 0.27 | Revenue Per Share | Quarterly Revenue Growth (0.33) | Return On Assets |
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.