Hexagon Ab Stock Performance
| HXGBF Stock | USD 8.42 0.01 0.12% |
The company retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hexagon AB are expected to decrease at a much lower rate. During the bear market, Hexagon AB is likely to outperform the market. At this point, Hexagon AB has a negative expected return of -0.29%. Please make sure to check out Hexagon AB's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Hexagon AB performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Hexagon AB has generated negative risk-adjusted returns adding no value to investors with long positions. Despite abnormal performance in the last few months, the Stock's fundamental drivers remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 397.4 M | |
| Total Cashflows From Investing Activities | -1.2 B | |
| Free Cash Flow | 898.7 M |
Hexagon |
Hexagon AB Relative Risk vs. Return Landscape
If you would invest 1,046 in Hexagon AB on August 25, 2024 and sell it today you would lose (204.00) from holding Hexagon AB or give up 19.5% of portfolio value over 90 days. Hexagon AB is currently producing negative expected returns and takes up 2.859% volatility of returns over 90 trading days. Put another way, 25% of traded pink sheets are less volatile than Hexagon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hexagon AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hexagon AB's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Hexagon AB, and traders can use it to determine the average amount a Hexagon AB's 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 = -0.102
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HXGBF |
Estimated Market Risk
| 2.86 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 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 Fundamentals Growth
Hexagon Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Hexagon AB, and Hexagon AB 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 Pink Sheet performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0526 | |||
| Profit Margin | 0.20 % | |||
| Operating Margin | 0.25 % | |||
| Current Valuation | 34.88 B | |||
| Shares Outstanding | 2.58 B | |||
| Price To Earning | 5.39 X | |||
| Price To Book | 2.89 X | |||
| Price To Sales | 5.86 X | |||
| Revenue | 4.34 B | |||
| EBITDA | 1.58 B | |||
| Cash And Equivalents | 472.8 M | |||
| Cash Per Share | 0.18 X | |||
| Total Debt | 2.14 B | |||
| Debt To Equity | 0.42 % | |||
| Book Value Per Share | 3.65 X | |||
| Cash Flow From Operations | 1.32 B | |||
| Earnings Per Share | 0.34 X | |||
| Total Asset | 14.1 B | |||
| Current Asset | 1.59 B | |||
| Current Liabilities | 1.19 B | |||
About Hexagon AB Performance
By analyzing Hexagon AB's fundamental ratios, stakeholders can gain valuable insights into Hexagon AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hexagon AB has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hexagon AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 the United States and is traded on OTC Exchange. It employs 23245 people.Things to note about Hexagon AB performance evaluation
Checking the ongoing alerts about Hexagon AB for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Hexagon AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hexagon AB generated a negative expected return over the last 90 days | |
| About 24.0% of the company shares are held by company insiders |
- Analyzing Hexagon AB's 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 AB's stock is overvalued or undervalued compared to its peers.
- Examining Hexagon AB's 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 AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hexagon AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hexagon AB's pink sheet. These opinions can provide insight into Hexagon AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Hexagon Pink Sheet 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.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |