Hexo Corp Price on June 9, 2023
HEXODelisted Stock | USD 0.71 0.00 0.00% |
If you're considering investing in Hexo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hexo Corp stands at 0.71, as last reported on the 29th of November, with the highest price reaching 0.71 and the lowest price hitting 0.71 during the day. We have found eighteen technical indicators for Hexo Corp, which you can use to evaluate the volatility of the firm. Please check out Hexo Corp's Market Risk Adjusted Performance of (2.46), risk adjusted performance of (0.07), and Standard Deviation of 6.6 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Hexo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Hexo Corp 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 Hexo Corp by adding Hexo Corp to a well-diversified portfolio.
Hexo Corp Valuation on June 9, 2023
It is possible to determine the worth of Hexo Corp on a given historical date. On June 9, 2023 Hexo was worth 0.9 at the beginning of the trading date compared to the closed value of 0.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hexo Corp stock. Still, in general, we apply an absolute valuation method to find Hexo Corp'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 Hexo Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hexo Corp's related companies.
Open | High | Low | Close | Volume | |
0.93 | 0.97 | 0.89 | 0.89 | 474,500 | |
06/09/2023 | 0.90 | 0.91 | 0.80 | 0.82 | 475,269 |
0.80 | 0.84 | 0.80 | 0.81 | 325,793 |
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Hexo Corp Trading Date Momentum on June 9, 2023
On June 12 2023 Hexo Corp was traded for 0.81 at the closing time. The top price for the day was 0.84 and the lowest listed price was 0.80 . The trading volume for the day was 325.8 K. The trading history from June 12, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.22% . The trading delta at closing time against the current closing price is 9.76% . |
Hexo Corp Fundamentals Correlations and Trends
By evaluating Hexo Corp'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 Hexo Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hexo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hexo Corp Stock history
Hexo Corp 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 Hexo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hexo Corp 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 Hexo Corp stock prices may prove useful in developing a viable investing in Hexo Corp
HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. HEXO Corp. was founded in 2013 and is headquartered in Gatineau, Canada. Hexo Corp is traded on NASDAQ Exchange in the United States.
Hexo Corp Stock Technical Analysis
Hexo Corp 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Hexo Corp Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Hexo Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Hexo Corp November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Hexo Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexo Corp shares will generate the highest return on investment. By undertsting and applying Hexo Corp stock market strength indicators, traders can identify Hexo Corp entry and exit signals to maximize returns
Hexo Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hexo Corp's price direction in advance. Along with the technical and fundamental analysis of Hexo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hexo 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 | (0.07) | |||
Jensen Alpha | (0.74) | |||
Total Risk Alpha | (1.70) | |||
Treynor Ratio | (2.47) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Hexo Stock
If you are still planning to invest in Hexo Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hexo Corp's history and understand the potential risks before investing.
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