Hedera Group (Sweden) Price on September 17, 2024
| HEGR Stock | SEK 2.86 0.16 5.93% |
If you're considering investing in Hedera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hedera Group stands at 2.86, as last reported on the 3rd of December, with the highest price reaching 2.86 and the lowest price hitting 2.48 during the day. Hedera Group publ holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Hedera Group publ exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hedera Group's Risk Adjusted Performance of (0.09), market risk adjusted performance of (0.86), and Standard Deviation of 3.2 to validate the risk estimate we provide.
Hedera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hedera |
Sharpe Ratio = -0.1151
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hedera Group is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hedera Group by adding Hedera Group to a well-diversified portfolio.
Hedera Group Valuation on September 17, 2024
It is possible to determine the worth of Hedera Group on a given historical date. On September 17, 2024 Hedera was worth 3.88 at the beginning of the trading date compared to the closed value of 3.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hedera Group stock. Still, in general, we apply an absolute valuation method to find Hedera Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hedera Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hedera Group's related companies.
| Open | High | Low | Close | Volume | |
| 3.94 | 3.94 | 3.94 | 3.94 | 2.00 | |
09/17/2024 | 3.88 | 3.94 | 3.84 | 3.94 | 27,426 |
| 3.94 | 4.16 | 3.90 | 3.90 | 22,109 |
| Backtest Hedera Group | | | Hedera Group History | | | Hedera Group Valuation | Previous | Next |
Hedera Group Trading Date Momentum on September 17, 2024
| On September 18 2024 Hedera Group publ was traded for 3.90 at the closing time. The highest price during the trading period was 4.16 and the lowest recorded bid was listed for 3.90 . The volume for the day was 22.1 K. This history from September 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.02% . The trading delta at closing time to the current price is 5.58% . |
Hedera Group publ Fundamentals Correlations and Trends
By evaluating Hedera Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hedera Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hedera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hedera Group Stock history
Hedera Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hedera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hedera Group publ will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hedera Group stock prices may prove useful in developing a viable investing in Hedera Group
Hedera Group AB , together with its subsidiaries, engages in the staffing of doctors and nurses for the health and emergency services sector in Sweden. Hedera Group AB is a subsidiary of Bertil Haglund med bolag. Hedera Group operates under HR And Recruitment classification in Sweden and is traded on Stockholm Stock Exchange.
Hedera Group Stock Technical Analysis
Hedera Group 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.
Price Boundaries
Hedera Group Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Hedera Group publ cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hedera Group December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Hedera Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hedera Group shares will generate the highest return on investment. By undertsting and applying Hedera Group stock market strength indicators, traders can identify Hedera Group publ entry and exit signals to maximize returns
Hedera Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hedera Group's price direction in advance. Along with the technical and fundamental analysis of Hedera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hedera to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | (0.87) |
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| Volume Indicators |
Additional Tools for Hedera Stock Analysis
When running Hedera Group's price analysis, check to measure Hedera Group'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 Hedera Group is operating at the current time. Most of Hedera Group's value examination focuses on studying past and present price action to predict the probability of Hedera Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hedera Group's price. Additionally, you may evaluate how the addition of Hedera Group to your portfolios can decrease your overall portfolio volatility.