Hexagon Composites (Norway) Buy Hold or Sell Recommendation
| HEX Stock | NOK 17.50 0.22 1.27% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Hexagon Composites ASA is 'Strong Sell'. Macroaxis provides Hexagon Composites buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEX positions. The advice algorithm takes into account all of Hexagon Composites' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hexagon Composites' buy or sell advice are summarized below:
Real Value 19.29 | Hype Value 17.5 | Market Value 17.5 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hexagon Composites ASA given historical horizon and risk tolerance towards Hexagon Composites. When Macroaxis issues a 'buy' or 'sell' recommendation for Hexagon Composites ASA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hexagon |
Execute Hexagon Composites Buy or Sell Advice
The Hexagon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hexagon Composites ASA. Macroaxis does not own or have any residual interests in Hexagon Composites ASA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hexagon Composites' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Hexagon Composites Trading Alerts and Improvement Suggestions
| Hexagon Composites generated a negative expected return over the last 90 days | |
| Hexagon Composites has accumulated 1.39 Billion in debt which can lead to volatile earnings | |
| The company reported the revenue of 3.54 B. Net Loss for the year was (237.32 M) with profit before overhead, payroll, taxes, and interest of 1.85 B. | |
| Hexagon Composites ASA has accumulated about 600.21 M in cash with (344.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.18. | |
| Roughly 42.0% of the company shares are held by company insiders |
Hexagon Composites Returns Distribution Density
The distribution of Hexagon Composites' historical returns is an attempt to chart the uncertainty of Hexagon Composites' future price movements. The chart of the probability distribution of Hexagon Composites daily returns describes the distribution of returns around its average expected value. We use Hexagon Composites ASA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hexagon Composites returns is essential to provide solid investment advice for Hexagon Composites.
| Mean Return | -0.6 | Value At Risk | -5.1 | Potential Upside | 3.69 | Standard Deviation | 2.52 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hexagon Composites historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hexagon Composites Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hexagon Composites or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hexagon Composites' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hexagon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.62 | |
β | Beta against NYSE Composite | 0.17 | |
σ | Overall volatility | 2.39 | |
Ir | Information ratio | -0.27 |
Hexagon Composites Volatility Alert
Hexagon Composites ASA exhibits very low volatility with skewness of -0.48 and kurtosis of 0.94. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hexagon Composites' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hexagon Composites' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hexagon Composites Fundamentals Vs Peers
Comparing Hexagon Composites' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hexagon Composites' direct or indirect competition across all of the common fundamentals between Hexagon Composites and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hexagon Composites or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hexagon Composites' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hexagon Composites by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hexagon Composites to competition |
| Fundamentals | Hexagon Composites | Peer Average |
| Return On Equity | -0.11 | -0.31 |
| Return On Asset | -0.0266 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | (0.07) % | (5.51) % |
| Current Valuation | 7.89 B | 16.62 B |
| Shares Outstanding | 200.93 M | 571.82 M |
| Shares Owned By Insiders | 41.66 % | 10.09 % |
| Shares Owned By Institutions | 21.56 % | 39.21 % |
| Price To Earning | 32.71 X | 28.72 X |
| Price To Book | 2.04 X | 9.51 X |
| Price To Sales | 1.31 X | 11.42 X |
| Revenue | 3.54 B | 9.43 B |
| Gross Profit | 1.85 B | 27.38 B |
| EBITDA | 107.75 M | 3.9 B |
| Net Income | (237.32 M) | 570.98 M |
| Cash And Equivalents | 600.21 M | 2.7 B |
| Cash Per Share | 1.18 X | 5.01 X |
| Total Debt | 1.39 B | 5.32 B |
| Debt To Equity | 77.00 % | 48.70 % |
| Current Ratio | 2.05 X | 2.16 X |
| Book Value Per Share | 20.29 X | 1.93 K |
| Cash Flow From Operations | (344.7 M) | 971.22 M |
| Earnings Per Share | (1.25) X | 3.12 X |
| Price To Earnings To Growth | 0.91 X | 4.89 X |
| Target Price | 40.33 | |
| Number Of Employees | 1.5 K | 18.84 K |
| Beta | 1.28 | -0.15 |
| Market Capitalization | 6.99 B | 19.03 B |
| Total Asset | 6.52 B | 29.47 B |
| Working Capital | 1.01 B | 1.48 B |
| Current Asset | 1.4 B | 9.34 B |
| Current Liabilities | 381 M | 7.9 B |
| Z Score | 3.0 | 8.72 |
Hexagon Composites Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hexagon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hexagon Composites Buy or Sell Advice
When is the right time to buy or sell Hexagon Composites ASA? Buying financial instruments such as Hexagon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having Hexagon Composites in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Hexagon Composites Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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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