HEXAGON AB (Germany) Today

HXGC Stock  EUR 11.00  0.20  1.85%   

Performance

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Odds Of Distress

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HEXAGON AB is trading at 11.00 as of the 28th of March 2024. This is a 1.85 percent increase since the beginning of the trading day. The stock's lowest day price was 11.0. HEXAGON AB has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for HEXAGON AB ADR1 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Hexagon AB provides information technology solutions for geospatial and industrial applications worldwide. Hexagon AB was incorporated in 1975 and is headquartered in Stockholm, Sweden. HEXAGON AB operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. The company has 2.69 B outstanding shares. More on HEXAGON AB ADR1

Moving together with HEXAGON Stock

  0.67CGZ CognexPairCorr

Moving against HEXAGON Stock

  0.75DBPD Xtrackers - ShortDAXPairCorr
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Follow Valuation Odds of Bankruptcy
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HEXAGON Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. HEXAGON AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HEXAGON AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationScientific & Technical Instruments, Technology (View all Sectors)
HEXAGON AB ADR1 (HXGC) is traded on Frankfurt Exchange in Germany and employs 24,001 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 29.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate HEXAGON AB's market, we take the total number of its shares issued and multiply it by HEXAGON AB's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. HEXAGON AB ADR1 operates under Technology sector and is part of Scientific & Technical Instruments industry. The entity has 2.69 B outstanding shares. HEXAGON AB ADR1 has accumulated about 444.4 M in cash with 1.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.21.
Check HEXAGON AB Probability Of Bankruptcy
Ownership Allocation
HEXAGON AB secures a total of 2.69 Billion outstanding shares. Roughly 100.0 (percent) of HEXAGON AB outstanding shares are held by general public with 0.04 pct. by outside corporations. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check HEXAGON Ownership Details

HEXAGON Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of HEXAGON AB jumping above the current price in 90 days from now is about 5.96%. The HEXAGON AB ADR1 probability density function shows the probability of HEXAGON AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon HEXAGON AB ADR1 has a beta of -0.4867. This usually indicates as returns on benchmark increase, returns on holding HEXAGON AB are expected to decrease at a much lower rate. During the bear market, however, HEXAGON AB ADR1 is likely to outperform the market. Additionally, hEXAGON AB ADR1 has an alpha of 0.1029, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 11.0HorizonTargetOdds Above 11.0
93.95%90 days
 11.00 
5.96%
Based on a normal probability distribution, the odds of HEXAGON AB to move above the current price in 90 days from now is about 5.96 (This HEXAGON AB ADR1 probability density function shows the probability of HEXAGON Stock to fall within a particular range of prices over 90 days) .

HEXAGON AB ADR1 Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. HEXAGON AB market risk premium is the additional return an investor will receive from holding HEXAGON AB long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HEXAGON AB. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HEXAGON AB's alpha and beta are two of the key measurements used to evaluate HEXAGON AB's performance over the market, the standard measures of volatility play an important role as well.

HEXAGON Stock Against Markets

Picking the right benchmark for HEXAGON AB stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HEXAGON AB stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HEXAGON AB is critical whether you are bullish or bearish towards HEXAGON AB ADR1 at a given time. Please also check how HEXAGON AB's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HEXAGON AB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy HEXAGON Stock?

Before investing in HEXAGON AB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HEXAGON AB. To buy HEXAGON AB stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of HEXAGON AB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase HEXAGON AB stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located HEXAGON AB ADR1 stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased HEXAGON AB ADR1 stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HEXAGON AB ADR1, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in HEXAGON AB ADR1?

The danger of trading HEXAGON AB ADR1 is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HEXAGON AB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HEXAGON AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HEXAGON AB ADR1 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEXAGON AB ADR1. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the HEXAGON AB ADR1 information on this page should be used as a complementary analysis to other HEXAGON AB's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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Please note, there is a significant difference between HEXAGON AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEXAGON AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEXAGON AB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.