Heritage Global Stock Momentum Indicators Minus Directional Movement

HGBL Stock  USD 1.72  0.06  3.61%   
Heritage Global momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Heritage Global. Heritage Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Heritage Global are pattern recognition functions that provide distinct formation on Heritage Global potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Minus Directional Movement indicator shows the difference between two consecutive lows of Heritage Global price series.

Heritage Global Technical Analysis Modules

Most technical analysis of Heritage Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Heritage from various momentum indicators to cycle indicators. When you analyze Heritage charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Heritage Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Heritage Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Global based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Global's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Heritage Global's intrinsic value. In addition to deriving basic predictive indicators for Heritage Global, we also check how macroeconomic factors affect Heritage Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.250.22
Price To Sales Ratio1.681.6
Hype
Prediction
LowEstimatedHigh
0.091.724.19
Details
Intrinsic
Valuation
LowRealHigh
0.162.635.10
Details
Naive
Forecast
LowNextHigh
0.031.744.21
Details
3 Analysts
Consensus
LowTargetHigh
5.165.676.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Heritage Global. Your research has to be compared to or analyzed against Heritage Global's peers to derive any actionable benefits. When done correctly, Heritage Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Heritage Global.

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more information on how to buy Heritage Stock please use our How to buy in Heritage Stock guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody Banks space 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 Heritage Global. If investors know Heritage 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 Heritage 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
(0.41)
Earnings Share
0.27
Revenue Per Share
1.361
Quarterly Revenue Growth
(0.33)
Return On Assets
0.066
The market value of Heritage Global is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Global's value that differs from its market value or its book value, called intrinsic value, which is Heritage 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 Heritage Global's market value can be influenced by many factors that don't directly affect Heritage 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 Heritage Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage 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.