Hexagon Composites Stock Forecast - Day Median Price
| HEX Stock | NOK 17.04 0.26 1.55% |
Hexagon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hexagon Composites stock prices and determine the direction of Hexagon Composites ASA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hexagon Composites' historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Hexagon Composites to cross-verify your projections. Hexagon |
Most investors in Hexagon Composites cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Hexagon Composites' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hexagon Composites' price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 16.86 | 16.86 |
| Check Hexagon Composites Volatility | Backtest Hexagon Composites | Information Ratio |
Hexagon Composites Trading Date Momentum
| On April 30 2024 Hexagon Composites ASA was traded for 17.04 at the closing time. The maximum traded price for the trading interval was 17.18 and the lowest daily price was 16.54 . There was no trading activity during the period 0.0. Lack of trading volume on 30th of April 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.06% . |
The median price is the midpoint of the trading periods range.
| Compare Hexagon Composites to competition |
Other Forecasting Options for Hexagon Composites
For every potential investor in Hexagon, whether a beginner or expert, Hexagon Composites' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hexagon Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hexagon. Basic forecasting techniques help filter out the noise by identifying Hexagon Composites' price trends.Hexagon Composites Related Equities
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 Composites stock to make a market-neutral strategy. Peer analysis of Hexagon Composites could also be used in its relative valuation, which is a method of valuing Hexagon Composites by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hexagon Composites ASA Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hexagon Composites' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hexagon Composites' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hexagon Composites Market Strength Events
Market strength indicators help investors to evaluate how Hexagon Composites stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexagon Composites shares will generate the highest return on investment. By undertsting and applying Hexagon Composites stock market strength indicators, traders can identify Hexagon Composites ASA entry and exit signals to maximize returns.
Hexagon Composites Risk Indicators
The analysis of Hexagon Composites' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hexagon Composites' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hexagon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.79 | |||
| Standard Deviation | 2.39 | |||
| Variance | 5.69 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Hexagon Composites to cross-verify your projections. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Hexagon Stock analysis
When running Hexagon Composites' price analysis, check to measure Hexagon Composites' 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 Composites is operating at the current time. Most of Hexagon Composites' value examination focuses on studying past and present price action to predict the probability of Hexagon Composites' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexagon Composites' price. Additionally, you may evaluate how the addition of Hexagon Composites to your portfolios can decrease your overall portfolio volatility.
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