Hexagon AB Financials
HXGBF Stock | USD 8.61 0.19 2.26% |
Hexagon |
Understanding current and past Hexagon AB Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hexagon AB's financial statements are interrelated, with each one affecting the others. For example, an increase in Hexagon AB's assets may result in an increase in income on the income statement.
Hexagon AB Stock Summary
Hexagon AB competes with Fortive Corp, Keysight Technologies, Cognex, Teledyne Technologies, and Trimble. Hexagon AB provides information technology solutions for geospatial and industrial applications worldwide. Hexagon AB was incorporated in 1975 and is headquartered in Stockholm, Sweden. HEXAGON AB operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 23245 people.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | Lilla Bantorget 15, |
Sector | Technology |
Industry | Scientific & Technical Instruments |
Benchmark | Dow Jones Industrial |
Website | www.hexagon.com |
Phone | 46 86 01 26 20 |
Currency | USD - US Dollar |
Hexagon AB Key Financial Ratios
There are many critical financial ratios that Hexagon AB's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hexagon AB reports annually and quarterly.Return On Equity | 0.11 | |||
Return On Asset | 0.0526 | |||
Target Price | 14.79 | |||
Beta | 1.12 | |||
Z Score | 8.4 |
Hexagon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hexagon AB's current stock value. Our valuation model uses many indicators to compare Hexagon AB value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hexagon AB competition to find correlations between indicators driving Hexagon AB's intrinsic value. More Info.Hexagon AB is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hexagon AB is roughly 2.08 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hexagon AB's earnings, one of the primary drivers of an investment's value.Hexagon AB Systematic Risk
Hexagon AB's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hexagon AB volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Hexagon AB correlated with the market. If Beta is less than 0 Hexagon AB generally moves in the opposite direction as compared to the market. If Hexagon AB Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hexagon AB is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hexagon AB is generally in the same direction as the market. If Beta > 1 Hexagon AB moves generally in the same direction as, but more than the movement of the benchmark.
Hexagon AB November 27, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hexagon AB help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hexagon AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hexagon AB based on widely used predictive technical indicators. In general, we focus on analyzing Hexagon Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hexagon AB's daily price indicators and compare them against related drivers.
Information Ratio | (0.14) | |||
Maximum Drawdown | 21.15 | |||
Value At Risk | (6.72) | |||
Potential Upside | 3.58 |
Complementary Tools for Hexagon Pink Sheet analysis
When running Hexagon AB's price analysis, check to measure Hexagon AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hexagon AB is operating at the current time. Most of Hexagon AB's value examination focuses on studying past and present price action to predict the probability of Hexagon AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexagon AB's price. Additionally, you may evaluate how the addition of Hexagon AB to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |