Hertz Global Holdings Stock Alpha and Beta Analysis
| HTZ Stock | USD 5.99 0.40 6.26% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hertz Global Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hertz Global over a specified time horizon. Remember, high Hertz 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 Hertz Global's market risk premium analysis include:
Beta 3.33 | Alpha (0.64) | Risk 3.67 | Sharpe Ratio (0.13) | Expected Return (0.49) |
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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.
Hertz |
Hertz Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hertz Global market risk premium is the additional return an investor will receive from holding Hertz 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 Hertz 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 Hertz Global's performance over market.| α | -0.64 | β | 3.33 |
Hertz 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 Hertz Global's Buy-and-hold return. Our buy-and-hold chart shows how Hertz Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hertz Global Market Price Analysis
Market price analysis indicators help investors to evaluate how Hertz 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 Hertz Global shares will generate the highest return on investment. By understating and applying Hertz Global stock market price indicators, traders can identify Hertz Global position entry and exit signals to maximize returns.
Hertz Global Return and Market Media
The median price of Hertz Global for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 is 7.79 with a coefficient of variation of 8.33. The daily time series for the period is distributed with a sample standard deviation of 0.65, arithmetic mean of 7.79, and mean deviation of 0.51. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Hertz Global Holdings Inc Faces Challenges Despite Revenue Growth in Q4 2023 | 02/06/2024 |
2 | Disposition of 5747 shares by Justin Keppy of Hertz Global at 7.82 subject to Rule 16b-3 | 03/01/2024 |
3 | Hertz Tells Chancery To Reject 4B Buyback Hindsight Suit - Law360 | 03/11/2024 |
4 | Jim Cramer shares his thoughts on 5 stocks including Tesla, Hertz and Super Micro | 03/18/2024 |
5 | Acquisition by Vougessis Evangeline of 1597 shares of Hertz Global at 7.83 subject to Rule 16b-3 | 03/28/2024 |
6 | Goldman Sachs downgrades Hertz to Sell amid operational pressures | 04/04/2024 |
7 | Morgan Stanley lowers Hertz shares target, eyes EV fleet adjustments with cautious outlook | 04/10/2024 |
8 | Looking At Hertz Global Holdingss Recent Unusual Options Activity | 04/18/2024 |
About Hertz 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 Hertz or other stocks. Alpha measures the amount that position in Hertz Global Holdings 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.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 5.14E-4 | 5.91E-4 | 5.62E-4 | Price To Sales Ratio | 0.67 | 0.35 | 0.33 |
Hertz Global Upcoming Company Events
As portrayed in its financial statements, the presentation of Hertz Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hertz Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hertz Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hertz Global. Please utilize our Beneish M Score to check the likelihood of Hertz Global's management manipulating its earnings.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Hertz Global
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Hertz Global Backtesting, Hertz Global Valuation, Hertz Global Correlation, Hertz Global Hype Analysis, Hertz Global Volatility, Hertz Global History and analyze Hertz Global Performance. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Hertz Stock analysis
When running Hertz Global's price analysis, check to measure Hertz Global'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 Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.
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Hertz 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.