Herc Competitors
| HRI Stock | USD 181.12 2.57 1.44% |
Herc Holdings vs Alaska Air Correlation
Very poor diversification
The correlation between Herc Holdings and ALK is 0.86 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Herc Holdings and ALK in the same portfolio, assuming nothing else is changed.
Moving together with Herc Stock
| 0.84 | AL | Air Lease Earnings Call Tomorrow | PairCorr |
| 0.89 | DSGR | Distribution Solutions | PairCorr |
| 0.75 | WLFC | Willis Lease Finance | PairCorr |
| 0.7 | FTAI | FTAI Aviation | PairCorr |
| 0.63 | URI | United Rentals | PairCorr |
Moving against Herc Stock
The current Return On Tangible Assets is estimated to decrease to 0.02. The current Return On Capital Employed is estimated to decrease to 0.11. As of now, Herc Holdings' Net Tangible Assets are increasing as compared to previous years. The Herc Holdings' current Non Currrent Assets Other is estimated to increase to about 5.4 B, while Total Assets are projected to decrease to under 6.7 B.Herc Holdings Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Herc Holdings and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Herc and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Herc Holdings does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Herc Stock performing well and Herc Holdings Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Herc Holdings' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CAR | 1.81 | (0.40) | 0.00 | (0.15) | 0.00 | 3.77 | 11.61 | |||
| WSC | 2.67 | (0.08) | 0.02 | 0.05 | 3.00 | 7.70 | 15.73 | |||
| BCO | 1.13 | 0.13 | 0.11 | 0.20 | 1.12 | 2.91 | 7.05 | |||
| GVA | 1.04 | 0.32 | 0.28 | 0.45 | 0.76 | 2.62 | 5.83 | |||
| ECG | 2.59 | (0.03) | 0.01 | 0.07 | 3.74 | 5.15 | 18.37 | |||
| MRCY | 2.49 | 0.06 | 0.02 | 0.12 | 4.38 | 5.34 | 29.24 | |||
| ENS | 1.73 | 0.35 | 0.11 | 0.26 | 2.98 | 3.18 | 17.80 | |||
| IEP | 1.47 | 0.10 | 0.01 | (0.98) | 1.66 | 3.42 | 12.93 | |||
| OMAB | 1.42 | 0.32 | 0.26 | 0.43 | 0.94 | 4.68 | 9.66 | |||
| ALK | 2.25 | 0.40 | 0.19 | 0.30 | 2.16 | 4.75 | 11.23 |
Cross Equities Net Income Analysis
Compare Herc Holdings and related stocks such as Avis Budget Group, Willscot Mobile Mini, and Brinks Company Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAR | 2.8 M | (29 M) | 290 M | 16 M | 245 M | 313 M | 163 M | 361 M | 165 M | 302 M | (684 M) | 1.3 B | 2.8 B | 1.6 B | (1.8 B) | (2.1 B) | (2 B) |
| WSC | (88.6 M) | (88.6 M) | (88.6 M) | (88.6 M) | (88.6 M) | (71.6 M) | 562.7 K | (147.7 M) | (49 M) | (120.7 M) | 74.1 M | 160.1 M | 339.5 M | 476.5 M | 28.1 M | 32.3 M | 60.1 M |
| BCO | 26.9 M | 74.5 M | 88.9 M | 56.8 M | (83.9 M) | (11.9 M) | 34.5 M | 16.7 M | (33.3 M) | 29 M | 16 M | 105.2 M | 170.6 M | 87.7 M | 162.9 M | 187.3 M | 196.7 M |
| GVA | 15 M | 51.2 M | 45.3 M | (36.4 M) | 25.3 M | 60.5 M | 57.1 M | 34.1 M | 582 K | 53.7 M | (145.1 M) | 10.1 M | 83.3 M | 43.6 M | 126.3 M | 145.3 M | 152.6 M |
| ECG | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 109.4 M | 124.8 M | 137.2 M | 143.4 M | 164.9 M | 141.6 M |
| MRCY | 8.7 M | 22.6 M | (13.2 M) | (11.4 M) | 10.4 M | 19.7 M | 24.9 M | 40.9 M | 46.8 M | 85.7 M | 62 M | (28.3 M) | (28.3 M) | (137.6 M) | (37.9 M) | (34.1 M) | (32.4 M) |
| ENS | (42 M) | 144 M | 166.5 M | 150.3 M | 181.2 M | 136.2 M | 160.2 M | 119.6 M | 160.2 M | 137.1 M | 143.4 M | 143.9 M | 175.8 M | 269.1 M | 363.7 M | 418.3 M | 439.2 M |
| IEP | 8.7 M | 735 M | 379 M | 1 B | (366 M) | (1.2 B) | (1.1 B) | 2.4 B | 2 B | (1.1 B) | (1.6 B) | (604 M) | (179 M) | (670 M) | (436 M) | (392.4 M) | (372.8 M) |
| OMAB | 25.8 M | 616.1 M | 810.2 M | 1.2 B | 1 B | 1.2 B | 1.9 B | 2.1 B | 2.9 B | 3.2 B | 1.1 B | 2.9 B | 3.9 B | 5 B | 4.9 B | 5.7 B | 6 B |
| ALK | 25.9 M | 244.5 M | 316 M | 508 M | 605 M | 848 M | 797 M | 960 M | 437 M | 769 M | (1.3 B) | 478 M | 58 M | 235 M | 395 M | 100 M | 159.8 M |
Herc Holdings and related stocks such as Avis Budget Group, Willscot Mobile Mini, and Brinks Company Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Herc Holdings financial statement analysis. It represents the amount of money remaining after all of Herc Holdings operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Herc Holdings Competitive Analysis
The better you understand Herc Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Herc Holdings' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Herc Holdings' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Herc Holdings Competition Performance Charts
Five steps to successful analysis of Herc Holdings Competition
Herc Holdings' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Herc Holdings in relation to its competition. Herc Holdings' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Herc Holdings in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Herc Holdings' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Herc Holdings, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Herc Holdings position
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Check out Herc Holdings Correlation with its peers. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is there potential for Trading Companies & Distributors market expansion? Will Herc introduce new products? Factors like these will boost the valuation of Herc Holdings. Market participants price Herc higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Herc Holdings 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 (0.79) | Dividend Share 2.765 | Earnings Share (2.37) | Revenue Per Share | Quarterly Revenue Growth 0.351 |
Understanding Herc Holdings requires distinguishing between market price and book value, where the latter reflects Herc's accounting equity. The concept of intrinsic value - what Herc Holdings' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Herc Holdings' price substantially above or below its fundamental value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Herc Holdings' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.