Hedera Group (Sweden) Price on November 2, 2023

HEGR Stock  SEK 2.82  0.12  4.08%   
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 2.82, as last reported on the 11th of December 2024, with the highest price reaching 2.90 and the lowest price hitting 2.82 during the day. Hedera Group publ holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Hedera Group publ exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hedera Group's Standard Deviation of 3.68, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 9.37 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.

Sharpe Ratio = -0.1291

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Estimated Market Risk

 3.51
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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 November 2, 2023

It is possible to determine the worth of Hedera Group on a given historical date. On November 2, 2023 Hedera was worth 5.97 at the beginning of the trading date compared to the closed value of 5.91. 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
  5.90    5.97    5.90    5.97    1,082  
11/02/2023
  5.97    6.03    5.91    5.91    1,860  
  6.03    6.03    6.03    6.03    4,533  
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Open Value
5.97
5.91
Closing Value
16.50
Upside

Hedera Group Trading Date Momentum on November 2, 2023

On November 03 2023 Hedera Group publ was traded for  6.03  at the closing time. The highest price during the trading period was 6.03  and the lowest recorded bid was listed for  6.03 . The volume for the day was 4.5 K. This history from November 3, 2023 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 2.03% . The trading delta at closing time to the current price is 29.44% .

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.
A focus of Hedera Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hedera Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hedera Group Period Price Range

Low
December 11, 2024
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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 11, 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.

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.