Heartland Express Stock Alpha and Beta Analysis
| HTLD Stock | USD 12.37 0.15 1.23% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Heartland Express. It also helps investors analyze the systematic and unsystematic risks associated with investing in Heartland Express over a specified time horizon. Remember, high Heartland Express' 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 Heartland Express' market risk premium analysis include:
Beta 1.42 | Alpha (0.14) | Risk 1.88 | Sharpe Ratio 0.0288 | Expected Return 0.0541 |
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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.
Heartland |
Heartland Express Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Heartland Express market risk premium is the additional return an investor will receive from holding Heartland Express 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 Heartland Express. 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 Heartland Express' performance over market.| α | -0.14 | β | 1.42 |
Heartland Express 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 Heartland Express' Buy-and-hold return. Our buy-and-hold chart shows how Heartland Express performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Heartland Express Market Price Analysis
Market price analysis indicators help investors to evaluate how Heartland Express stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Heartland Express shares will generate the highest return on investment. By understating and applying Heartland Express stock market price indicators, traders can identify Heartland Express position entry and exit signals to maximize returns.
Heartland Express Return and Market Media
The median price of Heartland Express for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 11.96 with a coefficient of variation of 3.85. The daily time series for the period is distributed with a sample standard deviation of 0.46, arithmetic mean of 11.86, and mean deviation of 0.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | German American Bancorp director buys shares worth 6749 | 09/17/2024 |
| Heartland Express dividend paid on 7th of October 2024 | 10/07/2024 |
2 | Heartland Value Fund Highlights Alexander Baldwin and AI Prospects for Growth | 10/14/2024 |
3 | Heartland Financial USA, Inc. Reports Quarterly Results as of September 30, 2024 | 10/29/2024 |
4 | TransAlta Reports Strong Third Quarter 2024 Results | 11/05/2024 |
5 | ASOS PLC Full Year 2024 Earnings Call Highlights Strategic Stock Reduction and ... | 11/06/2024 |
6 | Heartland Express projects optimism in freight market post-2024 | 11/07/2024 |
7 | Acquisition by Michael Gerdin of 35960 shares of Heartland Express at 11.9738 subject to Rule 16b-3 | 11/08/2024 |
8 | Heartland Financial USA Research Coverage Started at StockNews.com | 11/11/2024 |
9 | Mr. Trump DOGE Notwithstanding, Dont Let GOP Spread Washington Swamp Mire To The Heartland | 11/13/2024 |
10 | TransAlta to buy Heartland Generation in reduced C542M deal | 11/14/2024 |
11 | Acquisition by Ann S. Gerdin Revocable Trust of 49506 shares of Heartland Express at 12.2427 subject to Rule 16b-3 | 11/18/2024 |
12 | Heartland Express Trust acquires shares worth 606,087 | 11/20/2024 |
13 | UMB Financial stock a high quality core holding, says RBC | 11/22/2024 |
About Heartland Express 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 Heartland or other stocks. Alpha measures the amount that position in Heartland Express 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0343 | 0.005217 | 0.005611 | 0.005331 | Price To Sales Ratio | 2.2 | 1.25 | 0.93 | 0.89 |
Heartland Express Upcoming Company Events
As portrayed in its financial statements, the presentation of Heartland Express' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Heartland Express' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Heartland Express' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Heartland Express. Please utilize our Beneish M Score to check the likelihood of Heartland Express' management manipulating its earnings.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd 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 Heartland Express
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 Heartland Express Backtesting, Heartland Express Valuation, Heartland Express Correlation, Heartland Express Hype Analysis, Heartland Express Volatility, Heartland Express History and analyze Heartland Express Performance. For information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Heartland Express 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.