Hexagon Composites (Norway) Price History

HEX Stock  NOK 44.80  0.90  1.97%   
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 Composites stands at 44.80, as last reported on the 26th of November, with the highest price reaching 46.20 and the lowest price hitting 44.80 during the day. Hexagon Composites appears to be very steady, given 3 months investment horizon. Hexagon Composites ASA holds Efficiency (Sharpe) Ratio of 0.0879, which attests that the entity had a 0.0879% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hexagon Composites ASA, which you can use to evaluate the volatility of the firm. Please utilize Hexagon Composites' Risk Adjusted Performance of 0.0662, market risk adjusted performance of 0.4637, and Downside Deviation of 2.21 to validate if our risk estimates are consistent with your expectations.
  
Hexagon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0879

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Estimated Market Risk

 3.2
  actual daily
28
72% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Hexagon Composites is performing at about 6% 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 Stock Price History Chart

There are several ways to analyze Hexagon Stock price data. The simplest method is using a basic Hexagon candlestick price chart, which shows Hexagon Composites price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 202448.55
Lowest PriceSeptember 6, 202437.5

Hexagon Composites November 26, 2024 Stock Price Synopsis

Various analyses of Hexagon Composites' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hexagon Stock. It can be used to describe the percentage change in the price of Hexagon Composites from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hexagon Stock.
Hexagon Composites Price Rate Of Daily Change 0.98 
Hexagon Composites Price Daily Balance Of Power(0.64)
Hexagon Composites Price Action Indicator(1.15)

Hexagon Composites November 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hexagon Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hexagon Composites intraday prices and daily technical indicators to check the level of noise trading in Hexagon Stock and then apply it to test your longer-term investment strategies against Hexagon.

Hexagon Stock Price History Data

The price series of Hexagon Composites for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 11.05 with a coefficient of variation of 6.6. Under current investment horizon, the daily prices are spread out with arithmetic mean of 41.59. The median price for the last 90 days is 41.0. The company completed 929:920 stock split on 25th of March 2002. Hexagon Composites ASA completed dividends distribution on 2018-04-20.
OpenHighLowCloseVolume
11/26/2024
 45.95  46.20  44.80  44.80 
11/25/2024 45.95  46.20  44.80  44.80  4,862,765 
11/22/2024 45.40  45.95  44.55  45.70  448,114 
11/21/2024 44.30  44.55  43.75  44.30  332,361 
11/20/2024 44.80  45.95  44.15  44.30  342,021 
11/19/2024 44.75  45.25  43.60  45.05  303,512 
11/18/2024 45.60  45.80  44.35  44.85  311,198 
11/15/2024 45.90  46.60  45.75  45.75  269,092 
11/14/2024 46.15  46.90  46.10  46.20  402,521 
11/13/2024 47.30  47.65  45.25  45.65  609,213 
11/12/2024 45.65  47.60  45.65  47.30  633,656 
11/11/2024 47.50  47.60  45.30  46.15  698,139 
11/08/2024 48.00  48.55  46.45  46.90  722,117 
11/07/2024 44.40  48.80  44.00  48.55  2,874,595 
11/06/2024 40.70  42.10  40.50  41.20  277,250 
11/05/2024 40.75  41.90  40.55  40.60  279,546 
11/04/2024 41.60  42.05  40.85  41.00  265,555 
11/01/2024 42.90  43.20  42.05  42.05  152,858 
10/31/2024 43.50  44.10  42.40  42.85  476,930 
10/30/2024 41.10  43.35  41.00  43.00  1,036,360 
10/29/2024 41.45  41.60  40.40  40.45  389,159 
10/28/2024 38.60  41.20  38.60  40.40  647,561 
10/25/2024 38.20  38.65  38.10  38.50  165,056 
10/24/2024 38.25  38.85  38.20  38.50  360,139 
10/23/2024 38.95  39.20  38.35  38.40  286,311 
10/22/2024 38.35  39.35  38.15  39.20  162,247 
10/21/2024 38.65  39.35  38.40  38.85  224,582 
10/18/2024 39.20  39.25  38.45  38.65  257,109 
10/17/2024 39.70  40.10  39.30  39.30  270,078 
10/16/2024 38.95  40.00  38.70  39.90  249,773 
10/15/2024 39.00  40.10  38.40  39.40  293,683 
10/14/2024 39.15  39.65  38.90  39.10  298,604 
10/11/2024 39.35  39.95  39.20  39.60  242,363 
10/10/2024 40.20  40.25  39.20  39.45  313,920 
10/09/2024 40.60  40.90  40.25  40.50  334,098 
10/08/2024 40.45  41.45  40.35  40.90  259,591 
10/07/2024 41.75  41.75  40.85  41.10  430,953 
10/04/2024 41.00  41.25  38.95  41.10  1,610,317 
10/03/2024 43.30  43.60  42.40  42.80  202,704 
10/02/2024 43.55  44.15  42.65  43.30  468,621 
10/01/2024 44.60  44.95  43.75  43.75  242,590 
09/30/2024 43.45  44.90  43.00  44.90  694,366 
09/27/2024 42.05  43.80  41.70  43.65  602,508 
09/26/2024 42.65  42.65  41.70  42.05  418,510 
09/25/2024 42.10  42.90  41.20  41.95  610,230 
09/24/2024 43.95  44.00  41.80  42.10  885,389 
09/23/2024 43.75  43.85  42.75  43.45  291,884 
09/20/2024 43.40  44.10  43.15  43.70  634,093 
09/19/2024 43.80  44.10  43.00  43.45  1,006,963 
09/18/2024 41.60  42.60  41.30  42.60  601,954 
09/17/2024 40.60  42.10  40.25  42.00  877,197 
09/16/2024 39.85  40.40  39.35  40.20  324,463 
09/13/2024 39.45  40.65  39.45  40.30  494,548 
09/12/2024 40.05  40.50  39.50  39.50  384,886 
09/11/2024 39.40  40.50  38.90  39.10  190,976 
09/10/2024 40.55  41.55  39.65  40.00  797,200 
09/09/2024 37.20  39.90  37.20  39.90  559,590 
09/06/2024 37.05  38.00  37.00  37.50  347,464 
09/05/2024 37.40  38.45  37.10  38.15  303,843 
09/04/2024 36.50  38.25  36.05  37.80  659,667 
09/03/2024 40.05  40.55  38.25  38.25  613,266 

About Hexagon Composites Stock history

Hexagon Composites 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 Composites ASA 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 Composites stock prices may prove useful in developing a viable investing in Hexagon Composites
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.

Hexagon Composites Stock Technical Analysis

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

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Hexagon Composites Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hexagon Composites' 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.

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.