Hertz Global Hldgs Stock Price on April 22, 2024
| HTZWW Stock | USD 2.83 0.03 1.05% |
If you're considering investing in Hertz Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hertz Global stands at 2.83, as last reported on the 31st of May, with the highest price reaching 2.89 and the lowest price hitting 2.66 during the day. Hertz Global Hldgs holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Hertz Global Hldgs exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hertz Global's Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.37), and Standard Deviation of 4.27 to validate the risk estimate we provide.
At this time, Hertz Global's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 91.3 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 206.9 M in 2024. . Price Earnings Ratio is likely to climb to 7.03 in 2024, whereas Price To Sales Ratio is likely to drop 0.33 in 2024. Hertz Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hertz |
Sharpe Ratio = -0.1225
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| Negative Returns | HTZWW |
Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.53 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hertz Global is not performing at its full potential. However, 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 Hertz Global by adding Hertz Global to a well-diversified portfolio.
Book Value 8.92 | Shares Float 121.5 M | Shares Short Prior Month 1.3 M | Earnings Share 1.193 | Shares Short 1.3 M |
Related Headline
Aarons Headline on 22nd of April 2024
Disposition of 12701 shares by Russell Falkenstein of Aarons... by Russell Falkenstein
Filed transaction by The Aarons Officer: Evp, Coo, Lease-to-own. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Hertz Global Valuation on April 22, 2024
It is possible to determine the worth of Hertz Global on a given historical date. On April 22, 2024 Hertz was worth 3.59 at the beginning of the trading date compared to the closed value of 3.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hertz Global stock. Still, in general, we apply an absolute valuation method to find Hertz Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hertz Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hertz Global's related companies.
| Open | High | Low | Close | Volume | |
| 3.63 | 3.70 | 3.53 | 3.55 | 213,121 | |
04/22/2024 | 3.59 | 3.62 | 3.51 | 3.60 | 122,413 |
| 3.29 | 3.50 | 3.29 | 3.44 | 356,811 |
| Backtest Hertz Global | | | Hertz Global History | | | Hertz Global Valuation | Previous | Next |
Hertz Global Trading Date Momentum on April 22, 2024
| On April 23 2024 Hertz Global Hldgs was traded for 3.44 at the closing time. The highest daily price throughout the period was 3.50 and the lowest price was 3.29 . The daily volume was 356.8 K. The net trading volume on 04/23/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.44% . The trading delta at closing time to current closing price is 20.00% . |
Hertz Global Hldgs Fundamentals Correlations and Trends
By evaluating Hertz Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hertz financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hertz Global Stock history
Hertz Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hertz is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hertz Global Hldgs will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hertz Global stock prices may prove useful in developing a viable investing in Hertz Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 326 M | 206.9 M |
Hertz Global Stock Technical Analysis
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.
Price Boundaries
Hertz Global Period Price Range
Low | April 22, 2024
| High |
3.59 | 3.60 |
Hertz Global May 31, 2024 Market Strength
Market strength 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 undertsting and applying Hertz Global stock market strength indicators, traders can identify Hertz Global Hldgs entry and exit signals to maximize returns
| Accumulation Distribution | 3719.73 | |||
| Daily Balance Of Power | 0.0909 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 3.57 | |||
| Day Typical Price | 3.58 | |||
| Price Action Indicator | 0.04 | |||
| Period Momentum Indicator | (0.77) |
Hertz Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hertz Global's price direction in advance. Along with the technical and fundamental analysis of Hertz Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hertz to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.38) |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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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Is Hertz Global's industry 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 Hertz Global. If investors know Hertz 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 Hertz 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 (0.31) | Earnings Share 1.193 | Revenue Per Share 30.434 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0031 |
The market value of Hertz Global Hldgs is measured differently than its book value, which is the value of Hertz that is recorded on the company's balance sheet. Investors also form their own opinion of Hertz Global's value that differs from its market value or its book value, called intrinsic value, which is Hertz 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 Hertz Global's market value can be influenced by many factors that don't directly affect Hertz 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 Hertz Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hertz Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hertz 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.