Heritage Global Stock Alpha and Beta Analysis

HGBL Stock  USD 2.36  0.27  12.92%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Heritage Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Heritage Global over a specified time horizon. Remember, high Heritage Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Heritage Global's market risk premium analysis include:
Beta
0.79
Alpha
0.4
Risk
2.96
Sharpe Ratio
0.19
Expected Return
0.57
Please note that although Heritage Global alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Heritage Global did 0.40  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Heritage Global stock's relative risk over its benchmark. Heritage Global has a beta of 0.79  . 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. Tangible Book Value Per Share is expected to rise to 2.55 this year, although Book Value Per Share will most likely fall to 1.70.

Enterprise Value

32.27 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Heritage Global Backtesting, Heritage Global Valuation, Heritage Global Correlation, Heritage Global Hype Analysis, Heritage Global Volatility, Heritage Global History and analyze Heritage Global Performance.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.

Heritage Global Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Heritage Global market risk premium is the additional return an investor will receive from holding Heritage Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Heritage Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Heritage Global's performance over market.
α0.40   β0.79

Heritage Global expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Heritage Global's Buy-and-hold return. Our buy-and-hold chart shows how Heritage Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Heritage Global Market Price Analysis

Market price analysis indicators help investors to evaluate how Heritage Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heritage Global shares will generate the highest return on investment. By understating and applying Heritage Global stock market price indicators, traders can identify Heritage Global position entry and exit signals to maximize returns.

Heritage Global Return and Market Media

The median price of Heritage Global for the period between Sun, Dec 15, 2024 and Sat, Mar 15, 2025 is 2.04 with a coefficient of variation of 9.23. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 2.0, and mean deviation of 0.15. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Disposition of 10000 shares by David Ludwig of Heritage Global at 1.75 subject to Rule 16b-3
12/18/2024
2
Acquisition by Brian Cobb of 125000 shares of Heritage Global subject to Rule 16b-3
12/31/2024
3
Disposition of 10000 shares by David Ludwig of Heritage Global at 1.99 subject to Rule 16b-3
01/08/2025
4
Disposition of 10000 shares by David Ludwig of Heritage Global at 2.07 subject to Rule 16b-3
01/15/2025
5
Insider Sell David Ludwig Sells 10,000 Shares of Heritage Global Inc
01/30/2025
6
Disposition of 10000 shares by David Ludwig of Heritage Global at 2.24 subject to Rule 16b-3
02/12/2025
7
Heritage Global to Announce Fourth Quarter and Year-End 2024 Results and Host Webcast on Thursday, March 13, 2025
02/13/2025
8
Disposition of 10000 shares by David Ludwig of Heritage Global at 2.02 subject to Rule 16b-3
02/26/2025
9
Heritage Global Valuations Strengthens Growth Strategy with the Appointment of Ray Chen to Lead Midwest Business Development Initiatives
02/27/2025
10
Disposition of 10000 shares by David Ludwig of Heritage Global at 2.05 subject to Rule 16b-3
03/04/2025
11
Heritage Global Inc. president sells 20,700 in stock - Investing.com India
03/07/2025
12
Acquisition by Sharpe Kelly S of 20000 shares of Heritage Global subject to Rule 16b-3
03/10/2025
13
Disposition of 7000 shares by David Ludwig of Heritage Global at 1.97 subject to Rule 16b-3
03/11/2025
14
Heritage Global GAAP EPS of -0.01 misses by 0.06, revenue of 10.77M misses by 1.53M
03/13/2025

About Heritage Global Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Heritage or other stocks. Alpha measures the amount that position in Heritage Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2024 2025 (projected)
Dividend Yield0.250.22
Price To Sales Ratio1.491.41

Heritage Global Upcoming Company Events

As portrayed in its financial statements, the presentation of Heritage Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Heritage Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Heritage Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Heritage Global. Please utilize our Beneish M Score to check the likelihood of Heritage Global's management manipulating its earnings.
14th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with Heritage Global

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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Heritage Global is a strong investment it is important to analyze Heritage Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Global's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out Heritage Global Backtesting, Heritage Global Valuation, Heritage Global Correlation, Heritage Global Hype Analysis, Heritage Global Volatility, Heritage Global History and analyze Heritage Global Performance.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Heritage Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Heritage Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Heritage Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...