Costco, Scholastic And 3 Stocks To Watch Heading Into Friday - Benzinga
| HXGC Stock | EUR 9.30 0.10 1.09% |
Roughly 51% of HEXAGON AB's stockholders are presently thinking to get in. The analysis of current outlook of investing in HEXAGON AB ADR1 suggests that some traders are interested regarding HEXAGON AB's prospects. The current market sentiment, together with HEXAGON AB's historical and current headlines, can help investors time the market. In addition, many technical investors use HEXAGON AB ADR1 stock news signals to limit their universe of possible portfolio assets.
HEXAGON AB stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of HEXAGON daily returns and investor perception about the current price of HEXAGON AB ADR1 as well as its diversification or hedging effects on your existing portfolios.
HEXAGON |
Costco, Scholastic And 3 Stocks To Watch Heading Into Friday Benzinga
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HEXAGON AB Fundamental Analysis
We analyze HEXAGON AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HEXAGON AB using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HEXAGON AB based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
HEXAGON AB is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
HEXAGON AB ADR1 Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with HEXAGON AB stock to make a market-neutral strategy. Peer analysis of HEXAGON AB could also be used in its relative valuation, which is a method of valuing HEXAGON AB by comparing valuation metrics with similar companies.
Peers
HEXAGON AB Related Equities
| A6O | ALIOR BANK | 0.34 | ||||
| CWW | Commonwealth Bank | 0.38 | ||||
| UUEC | United Utilities | 0.76 | ||||
| NWJ | NORTHEAST UTILITIES | 0.87 | ||||
| H0O | REVO INSURANCE | 0.90 | ||||
| CUD | Canadian Utilities | 1.24 | ||||
| O3I | FLOW TRADERS | 1.32 | ||||
| LB3C | QURATE RETAIL | 5.26 |
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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