Hexatronic Group (Sweden) Price on December 9, 2024
| HTRO Stock | SEK 35.29 0.25 0.70% |
If you're considering investing in Hexatronic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hexatronic Group stands at 35.29, as last reported on the 14th of December 2024, with the highest price reaching 36.02 and the lowest price hitting 35.26 during the day. Hexatronic Group holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Hexatronic Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hexatronic Group's Market Risk Adjusted Performance of 0.9645, standard deviation of 3.42, and Risk Adjusted Performance of (0.13) to validate the risk estimate we provide.
Hexatronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hexatronic |
Sharpe Ratio = -0.2004
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Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hexatronic Group 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 Hexatronic Group by adding Hexatronic Group to a well-diversified portfolio.
Hexatronic Group Valuation on December 9, 2024
It is possible to determine the worth of Hexatronic Group on a given historical date. On December 9, 2024 Hexatronic was worth 37.29 at the beginning of the trading date compared to the closed value of 37.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hexatronic Group stock. Still, in general, we apply an absolute valuation method to find Hexatronic Group'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 Hexatronic Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hexatronic Group's related companies.
| Open | High | Low | Close | Volume | |
| 36.67 | 37.50 | 36.36 | 37.28 | 1,143,347 | |
12/09/2024 | 37.29 | 38.88 | 37.29 | 37.91 | 1,269,883 |
| 37.74 | 37.74 | 36.56 | 36.56 | 686,376 |
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Hexatronic Group Trading Date Momentum on December 9, 2024
| On December 10 2024 Hexatronic Group AB was traded for 36.56 at the closing time. The highest price during the trading period was 37.74 and the lowest recorded bid was listed for 36.56 . The volume for the day was 686.4 K. This history from December 10, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.56% . The trading delta at closing time to the current price is 6.36% . |
Hexatronic Group Fundamentals Correlations and Trends
By evaluating Hexatronic Group'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 Hexatronic Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hexatronic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hexatronic Group Stock history
Hexatronic Group 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 Hexatronic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hexatronic Group 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 Hexatronic Group stock prices may prove useful in developing a viable investing in Hexatronic Group
Hexatronic Group AB , together with its subsidiaries, provides fiber optic products and solutions in Sweden and internationally. Hexatronic Group AB was founded in 1993 and is headquartered in Gothenburg, Sweden. Hexatronic Group operates under Communication And Networking Equipment classification in Sweden and is traded on Stockholm Stock Exchange. It employs 596 people.
Hexatronic Group Stock Technical Analysis
Hexatronic Group 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.
Price Boundaries
Hexatronic Group Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Hexatronic Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Hexatronic Group December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Hexatronic Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexatronic Group shares will generate the highest return on investment. By undertsting and applying Hexatronic Group stock market strength indicators, traders can identify Hexatronic Group AB entry and exit signals to maximize returns
Hexatronic Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hexatronic Group's price direction in advance. Along with the technical and fundamental analysis of Hexatronic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hexatronic 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 | (0.13) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | 0.9545 |
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Additional Tools for Hexatronic Stock Analysis
When running Hexatronic Group's price analysis, check to measure Hexatronic Group'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 Hexatronic Group is operating at the current time. Most of Hexatronic Group's value examination focuses on studying past and present price action to predict the probability of Hexatronic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexatronic Group's price. Additionally, you may evaluate how the addition of Hexatronic Group to your portfolios can decrease your overall portfolio volatility.