HEXAGON AB (Germany) Price on October 9, 2024

HXGC Stock  EUR 7.90  0.15  1.94%   
If you're considering investing in HEXAGON Stock, it is important to understand the factors that can impact its price. As of today, the current price of HEXAGON AB stands at 7.90, as last reported on the 3rd of December, with the highest price reaching 7.90 and the lowest price hitting 7.90 during the day. HEXAGON AB ADR1 holds Efficiency (Sharpe) Ratio of -0.0805, which attests that the entity had a -0.0805% return per unit of standard deviation over the last 3 months. HEXAGON AB ADR1 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out HEXAGON AB's market risk adjusted performance of 34.48, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide.
  
HEXAGON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0805

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Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average HEXAGON AB 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 HEXAGON AB by adding HEXAGON AB to a well-diversified portfolio.

HEXAGON AB Valuation on October 9, 2024

It is possible to determine the worth of HEXAGON AB on a given historical date. On October 9, 2024 HEXAGON was worth 9.1 at the beginning of the trading date compared to the closed value of 9.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HEXAGON AB stock. Still, in general, we apply an absolute valuation method to find HEXAGON AB'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 HEXAGON AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HEXAGON AB's related companies.
 Open High Low Close Volume
  9.30    9.30    9.30    9.30    1.00  
10/09/2024
  9.10    9.10    9.10    9.10    1.00  
  9.20    9.20    9.20    9.20    1.00  
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Open Value
9.1
9.1
Closing Value
15.51
Upside

HEXAGON AB Trading Date Momentum on October 9, 2024

On October 10 2024 HEXAGON AB ADR1 was traded for  9.20  at the closing time. The maximum traded price for the trading interval was 9.20  and the lowest daily price was  9.20 . There was no trading activity during the period 1.0. Lack of trading volume on 10th of October 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 1.10% . The trading delta at closing time to the closing price today is 2.20% .

HEXAGON AB ADR1 Fundamentals Correlations and Trends

By evaluating HEXAGON AB'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 HEXAGON AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HEXAGON financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About HEXAGON AB Stock history

HEXAGON AB 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 HEXAGON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HEXAGON AB ADR1 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 HEXAGON AB stock prices may prove useful in developing a viable investing in HEXAGON AB
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 Germany and is traded on Frankfurt Stock Exchange. It employs 20905 people.

HEXAGON AB Stock Technical Analysis

HEXAGON AB 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 HEXAGON AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HEXAGON AB 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

HEXAGON AB Period Price Range

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

HEXAGON AB ADR1 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

HEXAGON AB December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how HEXAGON AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HEXAGON AB shares will generate the highest return on investment. By undertsting and applying HEXAGON AB stock market strength indicators, traders can identify HEXAGON AB ADR1 entry and exit signals to maximize returns

HEXAGON AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for HEXAGON AB's price direction in advance. Along with the technical and fundamental analysis of HEXAGON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HEXAGON 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.

Complementary Tools for HEXAGON Stock 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.
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