Hexagon AB (Sweden) Buy Hold or Sell Recommendation
| HEXA-B Stock | SEK 121.70 0.40 0.33% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Hexagon AB is 'Strong Sell'. Macroaxis provides Hexagon AB buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEXA-B positions. The advice algorithm takes into account all of Hexagon AB's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hexagon AB's buy or sell advice are summarized below:
Real Value 101.82 | Hype Value 121.7 | Market Value 121.7 | Naive Value 121.79 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hexagon AB given historical horizon and risk tolerance towards Hexagon AB. When Macroaxis issues a 'buy' or 'sell' recommendation for Hexagon AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hexagon |
Execute Hexagon AB 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 AB. Macroaxis does not own or have any residual interests in Hexagon AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hexagon AB's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Hexagon AB Trading Alerts and Improvement Suggestions
| The company has accumulated 3.18 B in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Hexagon AB has a current ratio of 0.92, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Hexagon AB until it has trouble settling it off, either with new capital or with free cash flow. So, Hexagon AB's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hexagon AB sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hexagon to invest in growth at high rates of return. When we think about Hexagon AB's use of debt, we should always consider it together with cash and equity. | |
| About 24.0% of Hexagon AB shares are held by company insiders |
Hexagon AB Returns Distribution Density
The distribution of Hexagon AB's historical returns is an attempt to chart the uncertainty of Hexagon AB's future price movements. The chart of the probability distribution of Hexagon AB daily returns describes the distribution of returns around its average expected value. We use Hexagon AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hexagon AB returns is essential to provide solid investment advice for Hexagon AB.
| Mean Return | 0.1 | Value At Risk | -2.07 | Potential Upside | 1.85 | Standard Deviation | 1.13 |
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 AB 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 AB 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 AB or Technology 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 AB's 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 | 0.10 | |
β | Beta against NYSE Composite | -0.26 | |
σ | Overall volatility | 1.12 | |
Ir | Information ratio | 0.03 |
Hexagon AB Volatility Alert
Hexagon AB has relatively low volatility with skewness of 0.32 and kurtosis of 1.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hexagon AB's 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 AB's 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 AB Fundamentals Vs Peers
Comparing Hexagon AB's 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 AB's direct or indirect competition across all of the common fundamentals between Hexagon AB and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hexagon AB or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hexagon AB's fundamental indicators could also be used in its relative valuation, which is a method of valuing Hexagon AB by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hexagon AB to competition |
| Fundamentals | Hexagon AB | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0526 | -0.14 |
| Profit Margin | 0.20 % | (1.27) % |
| Operating Margin | 0.25 % | (5.51) % |
| Current Valuation | 360.4 B | 16.62 B |
| Shares Outstanding | 2.58 B | 571.82 M |
| Shares Owned By Insiders | 24.14 % | 10.09 % |
| Shares Owned By Institutions | 49.99 % | 39.21 % |
| Price To Earning | 539.34 X | 28.72 X |
| Price To Book | 2.85 X | 9.51 X |
| Price To Sales | 63.78 X | 11.42 X |
| Revenue | 5.16 B | 9.43 B |
| Gross Profit | 3.36 B | 27.38 B |
| EBITDA | 1.74 B | 3.9 B |
| Net Income | 1.01 B | 570.98 M |
| Cash And Equivalents | 486.3 M | 2.7 B |
| Cash Per Share | 0.17 X | 5.01 X |
| Total Debt | 3.18 B | 5.32 B |
| Debt To Equity | 0.39 % | 48.70 % |
| Current Ratio | 0.94 X | 2.16 X |
| Book Value Per Share | 3.65 X | 1.93 K |
| Cash Flow From Operations | 1.37 B | 971.22 M |
| Earnings Per Share | 3.50 X | 3.12 X |
| Target Price | 118.27 | |
| Number Of Employees | 24 K | 18.84 K |
| Beta | 1.12 | -0.15 |
| Market Capitalization | 326.18 B | 19.03 B |
| Total Asset | 16.48 B | 29.47 B |
| Working Capital | 334 M | 1.48 B |
| Current Asset | 1.48 B | 9.34 B |
| Current Liabilities | 1.15 B | 7.9 B |
| Z Score | 61.2 | 8.72 |
| Annual Yield | 0.01 % |
Hexagon AB 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 AB Buy or Sell Advice
When is the right time to buy or sell Hexagon AB? 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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Check out Hexagon AB 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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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