Hexagon Composites (Norway) Performance
| HEX Stock | NOK 42.80 2.00 4.46% |
On a scale of 0 to 100, Hexagon Composites holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hexagon Composites' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hexagon Composites is expected to be smaller as well. Please check Hexagon Composites' value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Hexagon Composites' current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Hexagon Composites ASA are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite quite conflicting basic indicators, Hexagon Composites disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.6 B | |
| Total Cashflows From Investing Activities | -475.1 M |
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Hexagon Composites Relative Risk vs. Return Landscape
If you would invest 3,850 in Hexagon Composites ASA on August 28, 2024 and sell it today you would earn a total of 430.00 from holding Hexagon Composites ASA or generate 11.17% return on investment over 90 days. Hexagon Composites ASA is generating 0.2124% of daily returns assuming 3.2519% volatility of returns over the 90 days investment horizon. Simply put, 28% of all stocks have less volatile historical return distribution than Hexagon Composites, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Hexagon Composites Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hexagon Composites' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hexagon Composites ASA, and traders can use it to determine the average amount a Hexagon Composites' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0653
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Estimated Market Risk
| 3.25 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Hexagon Composites is performing at about 5% of its full potential. 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 Composites by adding it to a well-diversified portfolio.
Hexagon Composites Fundamentals Growth
Hexagon Stock prices reflect investors' perceptions of the future prospects and financial health of Hexagon Composites, and Hexagon Composites fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hexagon Stock performance.
| Return On Equity | -0.11 | |||
| Return On Asset | -0.0266 | |||
| Profit Margin | (0.07) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 7.89 B | |||
| Shares Outstanding | 200.93 M | |||
| Price To Earning | 32.71 X | |||
| Price To Book | 2.04 X | |||
| Price To Sales | 1.31 X | |||
| Revenue | 3.54 B | |||
| EBITDA | 107.75 M | |||
| Cash And Equivalents | 600.21 M | |||
| Cash Per Share | 1.18 X | |||
| Total Debt | 1.39 B | |||
| Debt To Equity | 77.00 % | |||
| Book Value Per Share | 20.29 X | |||
| Cash Flow From Operations | (344.7 M) | |||
| Earnings Per Share | (1.25) X | |||
| Total Asset | 6.52 B | |||
| Current Asset | 1.4 B | |||
| Current Liabilities | 381 M | |||
About Hexagon Composites Performance
By examining Hexagon Composites' fundamental ratios, stakeholders can obtain critical insights into Hexagon Composites' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Hexagon Composites is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Hexagon Composites ASA, together with its subsidiaries, designs, develops, manufactures, and sells composite pressure cylinders for mobility, industrial, and consumer applications in Europe, North America, South-East Asia, the Middle East, and internationally. It also manufactures low-pressure composite cylinders for propane gas. HEXAGON COMPOSITES operates under Diversified Industrials classification in Norway and is traded on Oslo Stock Exchange. It employs 920 people.Things to note about Hexagon Composites ASA performance evaluation
Checking the ongoing alerts about Hexagon Composites for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hexagon Composites ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hexagon Composites had very high historical volatility over the last 90 days | |
| Hexagon Composites has accumulated 1.39 Billion in debt which can lead to volatile earnings | |
| The company reported the revenue of 3.54 B. Net Loss for the year was (237.32 M) with profit before overhead, payroll, taxes, and interest of 1.85 B. | |
| Hexagon Composites ASA has accumulated about 600.21 M in cash with (344.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18. | |
| Roughly 42.0% of the company shares are held by company insiders |
- Analyzing Hexagon Composites' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hexagon Composites' stock is overvalued or undervalued compared to its peers.
- Examining Hexagon Composites' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hexagon Composites' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hexagon Composites' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hexagon Composites' stock. These opinions can provide insight into Hexagon Composites' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Hexagon Stock
Hexagon Composites financial ratios help investors to determine whether Hexagon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hexagon with respect to the benefits of owning Hexagon Composites security.