HGBL vs QETA
Comparison between Heritage Global Inc (HGBL, Company) and Quetta Acquisition Corp (QETA, Company).
Both HGBL and QETA are from the Financial Services sector.
HGBL vs QETA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
HGBL
$43M
Winner
QETA
$43M
Max Drawdown
HGBL
74.19%
Winner
QETA
5.12%
Sharpe Ratio
HGBL
-1.40
Winner
QETA
0.51
5Y Beta
HGBL
0.47
Winner
QETA
-0.07
Industry
HGBL
Capital Markets
QETA
Shell Companies
P/E Ratio
HGBL
13.30
Winner
QETA
-54.06
Forward P/E
HGBL
18.02
QETA
N/A
PEG Ratio
HGBL
3.60
QETA
N/A
5Y EPS CAGR
HGBL
-21.56%
QETA
N/A
Debt to Equity
HGBL
6.05%
Winner
QETA
0.00%
Free Cash Flow Yield
Winner
HGBL
-1.82%
QETA
-3.79%
P/S Ratio
HGBL
0.86
QETA
N/A
P/B Ratio
Winner
HGBL
0.64
QETA
3.04
HGBL vs QETA - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HGBL
+3.31%
QETA
+0.25%
3M
HGBL
-10.07%
Winner
QETA
+4.09%
6M
HGBL
+1.63%
Winner
QETA
+5.56%
1Y
HGBL
-44.69%
Winner
QETA
+10.22%
5Y(CAGR)
HGBL
-14.71%
QETA
N/A
10Y(CAGR)
HGBL
+18.97%
QETA
N/A
Max(CAGR)
Winner
HGBL
+19.13%
QETA
+6.92%
HGBL vs QETA - Annual Returns (2016 - 2026)
Returns include dividend reinvestment.
| Year | HGBL | QETA |
|---|---|---|
| 2026 | +1.63% | +5.46% |
| 2025 | -33.69% | +7.28% |
| 2024 | -32.73% | +4.35% |
| 2023 | +15.35% | +0.30% |
| 2022 | +32.02% | N/A |
| 2021 | -34.84% | N/A |
| 2020 | +180.00% | N/A |
| 2019 | +117.78% | N/A |
| 2018 | +1.00% | N/A |
| 2017 | -34.12% | N/A |
| 2016 | +135.00% | N/A |
HGBL vs QETA Drawdown Comparison
The maximum drawdown for HGBL was -74.19%, occurring on May 12, 2022. Recovery took 698 trading sessions.
The maximum drawdown for QETA was -5.12%, occurring on Mar 4, 2026. Recovery took 69 trading sessions.
The current HGBL drawdown is -68.98%. The current QETA drawdown is -0.08%.
| Rank | HGBL | QETA |
|---|---|---|
| #1 | -74.19% Aug 26, 2020 - Jun 6, 2023 | -5.12% Feb 5, 2026 - May 15, 2026 |
| #2 | -70.97% Jul 17, 2023 - Mar 13, 2026 | -3.58% Nov 18, 2025 - Jan 14, 2026 |
| #3 | -65.33% Jan 25, 2017 - Nov 5, 2018 | -3.24% Oct 23, 2025 - Nov 7, 2025 |
| #4 | -62.57% Feb 5, 2016 - Aug 24, 2016 | -2.94% Feb 2, 2026 - Feb 5, 2026 |
| #5 | -52.63% Nov 5, 2018 - Sep 23, 2019 | -2.34% Jun 23, 2026 - Jun 24, 2026 |
| #6 | -44.23% Sep 2, 2016 - Jan 3, 2017 | -2.26% Jun 5, 2026 - Jun 23, 2026 |
| #7 | -36.00% Oct 1, 2019 - May 5, 2020 | -2.23% Jan 28, 2025 - Mar 21, 2025 |
| #8 | -19.54% Jan 19, 2016 - Feb 5, 2016 | -1.93% May 15, 2026 - Jun 5, 2026 |
| #9 | -14.50% Jul 2, 2020 - Jul 24, 2020 | -1.63% Jan 15, 2026 - Feb 2, 2026 |
| #10 | -12.82% May 5, 2020 - May 22, 2020 | -1.45% Jul 11, 2025 - Jul 18, 2025 |
| #11 | -12.78% Jun 12, 2020 - Jun 19, 2020 | -1.07% Aug 25, 2025 - Oct 16, 2025 |
| #12 | -12.50% Jun 6, 2023 - Jul 17, 2023 | -0.99% Jul 18, 2025 - Aug 25, 2025 |
| #13 | -11.56% Jun 30, 2020 - Jul 2, 2020 | -0.93% Mar 21, 2025 - Jun 5, 2025 |
| #14 | -9.77% Jan 13, 2017 - Jan 23, 2017 | -0.87% Jul 5, 2024 - Aug 8, 2024 |
| #15 | -8.05% Aug 3, 2020 - Aug 5, 2020 | -0.83% Feb 1, 2024 - May 13, 2024 |
Correlation
Correlation between HGBL and QETA is -0.86 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.86
-101
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