GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Hercules Capital Inc.
Hercules Capital is a leading business development company (BDC) providing venture capital financing to tech and biotech startups. Its share price reflects the health of the venture ecosystem and the company's ability to fund future market leaders.
Share prices of companies in the market segment - Business lending
Hercules Capital is a leading venture capital firm providing loans to tech and biotech startups. We classify it as part of the business lending sector, and the chart below illustrates the overall dynamics of this market, which depends on the health of the venture ecosystem.
Broad Market Index - GURU.Markets
Hercules Capital is a leading business development firm providing venture debt financing to high-growth technology and biotech companies. As a component of the GURU.Markets index, it is a key player in the venture ecosystem. The chart below represents the entire market. See how Hercules shares compare to the overall trend.
Change in the price of a company, segment, and market as a whole per day
HTGC - Daily change in the company's share price Hercules Capital Inc.
Change_co for Hercules Capital, a venture capital firm, reflects the pulse of the tech and biotech sectors. Daily fluctuations demonstrate sensitivity to the state of the venture capital market and the health of portfolio companies. At System.GURU.Markets, this metric is important for models assessing risk in the innovation finance sector.
Daily change in the price of a set of shares in a market segment - Business lending
Hercules Capital, Inc. is a business development company (BDC) specializing in venture capital lending. This chart reflects the average daily volatility of the financial sector. Comparison with HTGC's performance helps assess its sensitivity to the state of the tech and biotech industries.
Daily change in the price of a broad market stock, index - GURU.Markets
Hercules Capital is a leading business development company (BDC) providing debt financing to venture-backed technology and biotech companies. Its performance depends on the health of these innovative sectors. The chart below shows volatility, which helps evaluate Hercules Capital.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Hercules Capital Inc.
Hercules is one of the largest publicly traded companies providing venture capital financing to startups. Its stock reflects the health of the tech ecosystem. Its year-over-year performance is an important leading indicator and contributes to overall volatility.
Annual dynamics of market capitalization of the market segment - Business lending
Hercules Capital, Inc. is a leading business development firm (BDC) providing venture capital financing to high-growth technology and biotech companies. Its unique niche allows it to participate in the growth of innovative companies. The chart below shows how its expertise and the state of the venture market impact its performance.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Hercules Capital, which provides financing to venture capital firms, is a barometer for the innovation economy. Its stock price (BDC) reflects the health of tech and biotech startups. The chart is a window into the world of venture capital, showing how willing investors are to fund risky but promising ideas.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Hercules Capital Inc.
The performance of Hercules Capital, a venture capital firm, is dependent on the state of the tech sector. The monthly fluctuations on the chart reflect the demand for funding from startups, as well as the quality of its loan portfolio, which is sensitive to venture capital cycles.
Monthly dynamics of market capitalization of the market segment - Business lending
Hercules Capital is a business development company (BDC) that provides venture capital financing to high-growth technology and life sciences companies. Their portfolio is a cross-section of the most promising startups. The chart below shows the overall dynamics of the BDC sector, which depends on the state of the venture capital market.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Hercules Capital is a business development company (BDC) that provides debt financing to high-growth tech and biotech companies. The chart below shows overall market sentiment, and HTGC stock typically reflects investor appetite for venture technology.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Hercules Capital Inc.
Hercules Capital provides venture capital financing to high-growth technology and biotech companies. Weekly stock performance reflects the health of the venture capital market. News of major funding rounds, IPOs of portfolio companies, and general sentiment in the tech sector directly impact stock prices.
Weekly dynamics of market capitalization of the market segment - Business lending
Business venture capital firms (BDCs) like Hercules Capital are a barometer of the health of the tech and biotech sectors. The entire BDC sector is influenced by risk appetite and the state of the capital markets. The chart below illustrates this general sentiment, allowing one to assess how the quality of Hercules' portfolio differentiates it from its peers.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Hercules Capital provides venture capital loans to high-growth tech and biotech companies. Its business is focused on innovation. The chart shows how the company's shares correlate with sentiment in the tech sector, rather than the overall market.
Market capitalization of the company, segment and market as a whole
HTGC - Market capitalization of the company Hercules Capital Inc.
Hercules Capital's market capitalization reflects investors' assessment of its unique niche in venture startup financing. The chart shows how the market values โโits ability to provide debt financing to high-growth technology and life sciences companies. The scale of its loan portfolio speaks to its important role in the innovation economy.
HTGC - Share of the company's market capitalization Hercules Capital Inc. within the market segment - Business lending
Hercules Capital is the largest business development company (BDC) focused on venture capital. Its dominant market share reflects its expertise in funding high-growth tech and biotech startups.
Market capitalization of the market segment - Business lending
This chart shows the total market value of the entire business development company (BDC) sector, which provides financing to tech and biotech startups. For Hercules Capital, a leader in this niche, this line is the pulse of the venture capital industry. A rising chart indicates strong demand for debt financing from innovative companies that are Hercules' clients.
Market capitalization of all companies included in a broad market index - GURU.Markets
Hercules Capital provides venture capital loans to high-growth tech and biotech companies. Its market cap represents the value of alternative financing for innovators. Globally, it represents the share of capital that fuels future market leaders.
Book value capitalization of the company, segment and market as a whole
HTGC - Book value capitalization of the company Hercules Capital Inc.
Hercules Capital provides venture capital financing to tech companies. Its book value is its investment portfolio. It reflects the real value of loans and stakes in the most promising startups. This is its capital for innovation. How has the size of this portfolio changed with the tech hype? The chart below shows.
HTGC - Share of the company's book capitalization Hercules Capital Inc. within the market segment - Business lending
Hercules Capital, Inc. finances venture capital companies and is supported by its own infrastructure. This includes offices in key US tech hubs, where its team meets with startups, and IT systems for analysis. The chart shows the company's share of the tangible assets supporting the venture capital sector.
Market segment balance sheet capitalization - Business lending
Hercules Capital is a venture capital firm. Compared to the capital-intensive technology sector it finances, the fund itself is "asset-light." Its business isn't R&D centers, but rather capital and expertise to support high-growth companies.
Book value of all companies included in the broad market index - GURU.Markets
Hercules Capital provides venture debt to the most innovative companies. Its book value represents a diversified portfolio of loans issued to hundreds of tech and biotech startups. The chart shows the physical weight of this unique lender and its role as the financial fuel for the economy of the future.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Hercules Capital Inc.
Hercules Capital provides financing to venture-backed startups. Its market price trades at a premium to its book value. The chart shows that investors value its unique expertise in risk assessment and its ability to generate high returns, receiving not only interest but also stakes in future Silicon Valley stars.
Market to book capitalization ratio in a market segment - Business lending
Hercules Capital provides venture debt financing for high-growth technology and life sciences companies. Its assets are loans to promising startups. The chart shows how investors rate its ability to pick winners and manage risk in this dynamic environment.
Market to book capitalization ratio for the market as a whole
Hercules Capital is a leading venture capital firm providing funding to high-growth tech and biotech startups. Its business is assessing the potential of innovative companies. This chart shows overall valuations, but how do investors view a lender that bets on future unicorns?
Debts of the company, segment and market as a whole
HTGC - Company debts Hercules Capital Inc.
Hercules Capital is a debt capital firm specializing in venture capital financing for high-growth technology and biotech companies. This chart directly reflects the size of its loan portfolio and its key role in financing innovation.
Market segment debts - Business lending
Hercules Capital is a business development company (BDC) that provides venture debt financing to high-growth tech and biotech startups. Its business is managing high-risk loans. This chart shows the leverage the company uses to maximize the return on its portfolio.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Hercules Capital Inc.
Hercules Capital is a business development firm (BDC) that specializes in providing venture capital to high-growth technology and biotech companies. This chart illustrates the essence of its business model: leveraging debt to finance portfolio companies. Debt levels are a key indicator of risk and return.
Market segment debt to market segment book capitalization - Business lending
Lending to tech and biotech startups, Hercules Capital's specialty, is a high-risk segment of the financial market. This chart shows the average leverage level in the sector. It allows one to assess how aggressively Hercules Capital uses leverage to finance venture capital companies compared to other direct lending funds.
Debt to book value of all companies in the market
This chart shows the overall "credit appetite" of the entire economy. Hercules Capital provides loans to risky startups using its own debt capital. A comparison with the broader market, which is dominated by conservative companies, clearly demonstrates how aggressive and different the venture capital lending model is from the stock market average.
P/E of the company, segment and market as a whole
P/E - Hercules Capital Inc.
This chart for Hercules Capital, a venture capital firm that provides financing to high-growth tech and biotech companies, shows the valuation of its risky but potentially high-return portfolio. The multiple reflects investors' faith in the company's ability to select future winners and profit from their growth.
P/E of the market segment - Business lending
Venture capital, which Hercules Capital specializes in, is a unique niche. This chart shows the average valuation for business development companies (BDCs). It helps us understand that Hercules, which finances tech and biotech startups, is valued based on both high risk and potential high returns.
P/E of the market as a whole
Hercules Capital, Inc. is a business development company (BDC) specializing in providing venture debt financing to high-growth technology and life sciences companies. This chart reflects the overall sentiment in the venture capital industry. It allows investors to understand whether the HTGC valuation is an indicator of the health of the innovation sector, which can be sensitive to overall market cycles.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Hercules Capital Inc.
Hercules Capital is a business development company (BDC) that provides venture debt financing to high-growth technology and life sciences companies. This chart reflects analyst expectations for the health of the venture ecosystem. It demonstrates the market's confidence in the ability of Hercules' portfolio companies to grow and avoid defaults.
Future (projected) P/E of the market segment - Business lending
Hercules Capital is a business development firm that provides venture debt financing to high-growth technology and life sciences companies. This chart shows how its future profitability expectations compare to those of other investment funds, reflecting its ability to select and fund future market leaders.
Future (projected) P/E of the market as a whole
Hercules Capital (HTGC) is a business development company (BDC) that specializes in providing venture capital to high-growth technology and biotech companies. Its success depends on the health of the venture ecosystem. This general expectations chart may not reflect the specific cycles of the startup world.
Profit of the company, segment and market as a whole
Company profit Hercules Capital Inc.
Hercules Capital, Inc. is a business development company (BDC) that provides venture debt financing to high-growth technology and life sciences companies. Its profit comes from interest earned on loans issued. This chart reflects the state of the venture capital ecosystem. Startup activity and their need for capital directly impact HTGC's returns.
Profit of companies in the market segment - Business lending
Hercules Capital is a leading venture capital firm providing funding to high-growth tech and biotech startups. It's a risky but potentially highly rewarding business. This chart illustrates the overall dynamics of the business lending sector, where specialized players are carving out a niche for financing innovative companies.
Overall market profit
Hercules Capital provides venture capital financing to high-growth technology and life sciences companies. The health of its portfolio depends on the thriving innovation economy. This chart, reflecting the overall business climate, influences startups' ability to raise equity capital and achieve their goals.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Hercules Capital Inc.
Hercules Capital is a leading business development firm (BDC) specializing in providing venture debt to high-growth technology and life sciences companies. This unique niche lies at the intersection of debt and venture capital. This chart shows how analysts assess the company's future earnings and the health of its portfolio.
Future (predicted) profit of companies in the market segment - Business lending
Hercules Capital is a business development company (BDC) that specializes in providing venture debt to high-growth technology and biotech companies. It occupies a unique niche, funding innovative startups. This chart displays profitability forecasts for the alternative finance sector, providing context for evaluating Hercules Capital's strategy.
Future (predicted) profit of the market as a whole
Hercules Capital is a business development company (BDC) that provides venture capital loans to high-growth technology and life sciences companies. Its portfolio reflects the health of the innovation economy. This overall profit outlook is less important than the mood in the venture capital industry and the ability of its portfolio companies to raise new funding rounds.
P/S of the company, segment and market as a whole
P/S - Hercules Capital Inc.
Hercules Capital provides venture capital financing to growth-stage technology and biotech companies. This chart shows how the market values โโits interest income. This value reflects the quality of its loan portfolio and its role in funding innovative companies.
P/S market segment - Business lending
Hercules Capital, Inc. is a business development firm specializing in providing venture debt to growth-stage technology and life sciences companies. The chart shows the average revenue valuation (interest income) for BDCs. It helps assess how investors perceive Hercules' unique niche and the quality of its high-yield debt portfolio.
P/S of the market as a whole
Hercules Capital is a leading business development firm (BDC) specializing in providing venture capital to high-growth technology and life sciences companies. They finance innovation. This chart, showing the average market revenue valuation, helps understand how investors view HTGC's unique niche at the intersection of finance and technology.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Hercules Capital Inc.
Hercules Capital is a business development company (BDC) that specializes in providing venture debt to high-growth technology and life sciences companies. Its estimated future earnings, illustrated by this chart, depend on the interest earned on its loans and the success of its portfolio companies, making it a barometer of the venture capital industry.
Future (projected) P/S of the market segment - Business lending
Hercules Capital is a leading venture capital firm providing loans to high-growth technology and life sciences companies backed by venture capital. This unique niche in the lending market is unique. This chart compares how investors value its loan portfolio compared to other business development companies (BDCs).
Future (projected) P/S of the market as a whole
Hercules Capital is a business development firm specializing in providing venture debt to high-growth technology and biotech companies. This chart, reflecting investors' appetite for risk and innovation, creates a favorable environment for Hercules. Economic optimism stimulates venture capital investments, increasing the number of potential clients for Hercules Capital.
Sales of the company, segment and market as a whole
Company sales Hercules Capital Inc.
Hercules Capital is a business development company (BDC) that specializes in providing venture capital loans to high-growth technology and life sciences companies. This chart shows its total investment income, primarily consisting of interest on loans issued. Growth here reflects activity in the venture ecosystem and the success of the loan portfolio.
Sales of companies in the market segment - Business lending
Hercules Capital, Inc. is a business development company (BDC) that specializes in providing venture debt financing to high-growth technology and life sciences companies. Its portfolio can be segmented by these sectors. This chart shows the percentage return from one of these sectors, reflecting the health and growth of its investments.
Overall market sales
Hercules Capital, Inc. is a business development firm specializing in providing venture debt financing to high-growth technology and life sciences companies. It plays a key role in the innovation ecosystem, providing capital at critical stages of growth. Its portfolio reflects the health and dynamism of the venture capital sector.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Hercules Capital Inc.
Hercules Capital is a leading business development company (BDC) that provides venture capital financing to high-growth technology and life sciences companies. Its net investment return forecast is dependent on interest rates and the health of its portfolio. It serves as an indicator of the health of the venture ecosystem and the demand for non-dilutive capital.
Future (projected) sales of companies in the market segment - Business lending
Hercules Capital, Inc. is a business development company (BDC) that provides venture debt financing to high-growth technology and life sciences companies. This chart shows revenue expectations for the venture capital sector. It reflects analysts' views on the state of the venture capital market and the demand for alternative financing.
Future (projected) sales of the market as a whole
Hercules Capital provides venture capital loans to high-growth technology and biotech companies. Demand for its funding depends on activity in innovative sectors. This graph of total sales forecasts reflects economic confidence, which drives investment in new technologies and startups.
Marginality of the company, segment and market as a whole
Company marginality Hercules Capital Inc.
Hercules Capital, Inc. is a business development company (BDC) that specializes in providing venture debt financing to high-tech and life sciences startups. This chart shows what portion of its high-interest income the company retains as profit after deducting its own financing costs.
Market segment marginality - Business lending
Hercules Capital (HTGC) is a business development company (BDC) that specializes in providing venture debt to high-growth technology and life sciences companies. This is a risky but potentially high-return segment. This chart demonstrates how successfully their expertise in startup valuation translates into high-yield loan portfolios.
Market marginality as a whole
Hercules Capital, Inc. is a business development firm specializing in providing venture debt to high-growth technology and life sciences companies. Its profitability depends on the success of its portfolio companies. This chart shows average returns, but for HTGC, the dynamics of the innovation sector and the venture capital market determine its financial results.
Employees in the company, segment and market as a whole
Number of employees in the company Hercules Capital Inc.
Hercules Capital is a leading venture capital firm providing funding to technology and life sciences startups. This chart shows a compact team of investment professionals. A small staff is typical of this business, where success is determined by the quality of the valuation of promising companies.
Share of the company's employees Hercules Capital Inc. within the market segment - Business lending
Hercules Capital provides venture debt financing for high-growth technology and life sciences companies. Its business requires a unique team that combines financial expertise with a deep understanding of technology. This chart illustrates its niche yet influential status as an employer in the startup ecosystem.
Number of employees in the market segment - Business lending
Hercules Capital is a business development firm specializing in venture capital financing for high-growth technology and life sciences companies. This chart reflects employment in the business lending sector. The growing number of professionals in this niche indicates high activity in the venture ecosystem and startups' need for alternative sources of financing.
Number of employees in the market as a whole
Hercules Capital, Inc. provides venture capital financing to high-growth technology and biotech companies. A strong economy, symbolized by this graph, creates a favorable environment for startup innovation and growth. This increases both the demand for funding and the chances of success for Hercules' portfolio companies.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Hercules Capital Inc. (HTGC)
Hercules Capital is a business development company (BDC) that provides venture capital loans to tech and biotech startups. The astronomically high capitalization per employee, visible in this chart, is typical for such a company. It signifies that a small team of professionals manages a risky but potentially highly profitable loan portfolio.
Market capitalization per employee (in thousands of dollars) in the market segment - Business lending
Hercules Capital (HTGC) is a "BDC" (Business Development Company), but with a focus on venture capital loans for startups. It's an "elite" financial firm. Its value lies in the expertise of its underwriters. This chart shows the market value (assets) per employee-investor.
Market capitalization per employee (in thousands of dollars) for the overall market
Hercules Capital, Inc. is a business development firm (BDC) specializing in providing venture debt to high-growth technology and biotech companies. Their business is focused on financing innovation. The chart shows the amount of venture capital held by each investment professional.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Hercules Capital Inc. (HTGC)
Hercules Capital (HTGC) is a leading business development company (BDC) that provides venture capital financing (loans) to high-growth technology and biotech companies. This chart demonstrates the exceptional performance of their model. A small team of investment professionals manages a risky but high-return loan portfolio, generating significant net interest income.
Profit per employee (in thousands of dollars) in the market segment - Business lending
Hercules Capital (HTGC) is a BDC, but a "venture capital" one. They "lend" to tech and biotech startups. This chart shows the benchmark for "Business Lending" (BDC). In this "niche" sector, the benchmark is high. Returns per employee (investment manager) are generated by "high stakes" (risk) and "warrants" (a stake in the startup).
Profit per employee (in thousands of dollars) for the market as a whole
Hercules Capital (HTGC) is a leading business development company (BDC) specializing in venture capital. They provide loans to high-growth technology and biotech companies. This graph of average market employee profitability helps understand how effective the alternative lending sector, which requires a small research staff, is in generating profit per employee.
Sales to employees of the company, segment and market as a whole
Sales per company employee Hercules Capital Inc. (HTGC)
Hercules Capital provides venture debt financing for high-growth technology and life sciences companies. This chart shows the performance of its investment team. High revenue (interest income) per employee reflects its ability to identify promising companies and structure favorable loan transactions.
Sales per employee in the market segment - Business lending
Hercules Capital (HTGC) is a BDC (business development company) that provides venture financing (loans) to high-growth tech and biotech companies. This chart shows revenue per employee. Given their small staff of experts, the comparison with the sector demonstrates how productive their venture lending model is.
Sales per employee for the market as a whole
Hercules Capital (HTGC) is a BDC (business development company) that provides venture capital loans to high-growth tech and biotech companies. Unlike banks, they work with risky but promising startups. This chart shows how much income (interest, equity) their team generates per employee.
Short shares by company, segment and market as a whole
Shares shorted by company Hercules Capital Inc. (HTGC)
Hercules Capital (HTGC) is a BDC that provides venture capital loans to late-stage tech and biotech startups. This is a risky segment: they lend to unprofitable companies in the hopes of their future success. This chart shows the number of investors who expect a wave of bankruptcies in the venture ecosystem, leading to losses for HTGC.
Shares shorted by market segment - Business lending
Hercules Capital (HTGC) is a leading business development company (BDC) specializing in venture debt. They provide loans to late-stage tech startups. This chart shows the odds against the venture capital sector, reflecting concerns that the tech winter will lead to defaults in their portfolio.
Shares shorted by the overall market
Hercules Capital (HTGC) is a venture-backed DC that lends to venture-backed (tech) startups. This "Short_All" chart signals "risk aversion." This pessimism is toxic for HTGC: it "kills" venture financing, putting their startup clients on the brink of bankruptcy and loan default.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Hercules Capital Inc. (HTGC)
Hercules Capital is a leading BDC providing venture debt to tech and life science startups. Business is risky. This chart for HTGC above 70 may reflect a boom in the venture market. Below 30 is often associated with a "venture winter," concerns about portfolio defaults, or rising rates.
RSI 14 Market Segment - Business lending
Hercules Capital (HTGC) is a BDC (fund) specializing in venture debtโloans for high-growth startups (tech, biotech). The RSI_14_Seg for "Business Lending" (BDC) shows whether the sector is overheated. This helps us understand whether HTGC's growth reflects the quality of its portfolio or the general hype in the sector.
RSI 14 for the overall market
Hercules Capital (HTGC) provides venture capital financing to startups. This chart is its lifeblood. During periods of euphoria, startups easily raise new rounds of funding and service their debt to HTGC. In times of panic, funding dries up, startups go bankrupt, and HTGC faces the risk of defaulting on its high-yield loans.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast HTGC (Hercules Capital Inc.)
Hercules Capital (HTGC) is a business development company (BDC) that provides venture debt financing to high-growth technology and life sciences companies. This chart shows the average analyst consensus price estimate. Their target price reflects expectations for the quality of the debt portfolio and the state of the venture capital market.
The difference between the consensus estimate and the actual stock price HTGC (Hercules Capital Inc.)
Hercules Capital (HTGC) is a leading BDC specializing in venture debt. It provides loans to fast-growing, yet often unprofitable, tech and biotech startups. This chart shows the difference between the consensus estimate and the price, reflecting analysts' confidence in the quality of its risky yet rewarding portfolio.
Analyst consensus forecast for stock prices by market segment - Business lending
Hercules Capital (HTGC) is a Business Development Company (BDC) that provides venture debt to fast-growing, but often unprofitable, tech and biotech startups. This chart shows general expectations for the business lending sector, reflecting whether experts believe the venture ecosystem is healthy.
Analysts' consensus forecast for the overall market share price
Hercules Capital (HTGC) is a business development company (BDC) that provides venture capital loans to high-growth tech and biotech startups. They are an alternative to venture capital. This chart shows overall market sentiment. For HTGC, whose portfolio consists of risky startups, these expectations (risk appetite) are critical to the valuation of their assets. (349)
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Hercules Capital Inc.
Hercules Capital (HTGC) is a leading BDC (Business Development Company) specializing in providing venture debtโloans to tech startups backed by venture capital funds. This chart is a proxy for the health of the venture ecosystem. It reflects their ability to generate high interest income while managing the risk of default in the startup portfolio.
AKIMA Market Segment Index - Business lending
Hercules Capital is an elite BDC (debt fund) focused on a unique niche: venture debt. The company provides loans to high-tech, venture-backed startups (tech, biotech). This composite metric evaluates financial companies. The chart shows the sector average. This benchmark: how does HTGC's niche (loans to startups) model differentiate it from the average competitor?
The AKIM Index for the overall market
Hercules is a BDC, but a unique one. The company is a venture debt lender that finances late-stage startups (biotech, SaaS). This chart, reflecting the market average, provides a macro backdrop. It helps assess how the HTGC, which is dependent on the health of the venture capital market (cyclical), compares to the overall macroeconomic situation.