Hexagon AB (Sweden) Price History

HEXA-B Stock  SEK 116.75  3.62  3.01%   
If you're considering investing in Hexagon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hexagon AB stands at 116.75, as last reported on the 2nd of May, with the highest price reaching 119.35 and the lowest price hitting 114.50 during the day. Hexagon AB holds Efficiency (Sharpe) Ratio of -0.0014, which attests that the entity had a -0.0014% return per unit of risk over the last 3 months. Hexagon AB exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hexagon AB's Risk Adjusted Performance of 0.0166, downside deviation of 1.14, and Market Risk Adjusted Performance of 0.0314 to validate the risk estimate we provide.
  
Hexagon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0014

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsHEXA-B

Estimated Market Risk

 1.13
  actual daily
10
90% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Hexagon AB is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hexagon AB by adding Hexagon AB to a well-diversified portfolio.

Hexagon AB Stock Price History Chart

There are several ways to analyze Hexagon Stock price data. The simplest method is using a basic Hexagon candlestick price chart, which shows Hexagon AB price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceMarch 26, 2024127.91
Lowest PriceFebruary 13, 2024114.38

Hexagon AB May 2, 2024 Stock Price Synopsis

Various analyses of Hexagon AB's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Hexagon Stock. It can be used to describe the percentage change in the price of Hexagon AB from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Hexagon Stock.
Hexagon AB Price Rate Of Daily Change 0.97 
Hexagon AB Price Daily Balance Of Power(0.75)
Hexagon AB Price Action Indicator(1.98)

Hexagon AB May 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Hexagon Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Hexagon AB intraday prices and daily technical indicators to check the level of noise trading in Hexagon Stock and then apply it to test your longer-term investment strategies against Hexagon.

Hexagon Stock Price History Data

The price series of Hexagon AB for the period between Fri, Feb 2, 2024 and Thu, May 2, 2024 has a statistical range of 14.03 with a coefficient of variation of 3.15. Under current investment horizon, the daily prices are spread out with arithmetic mean of 121.27. The median price for the last 90 days is 121.57. The company completed 7:1 stock split on 19th of May 2021. Hexagon AB completed dividends distribution on 2023-05-03.
OpenHighLowCloseVolume
05/02/2024
 118.95  119.35  114.50  116.75 
04/30/2024 118.95  119.35  114.50  116.75  3,868,094 
04/29/2024 120.70  121.45  119.85  120.37  2,593,065 
04/26/2024 119.00  122.00  116.65  120.07  5,764,025 
04/25/2024 121.50  124.00  120.75  121.92  3,396,570 
04/24/2024 123.95  124.90  122.35  122.72  3,076,900 
04/23/2024 121.40  123.15  120.75  122.77  2,317,131 
04/22/2024 120.85  122.00  120.42  120.42  2,077,157 
04/19/2024 120.50  120.90  119.95  120.27  2,435,950 
04/18/2024 121.55  122.05  120.60  121.57  2,658,417 
04/17/2024 122.10  123.20  121.57  121.57  2,311,450 
04/16/2024 122.20  123.05  120.45  121.97  3,219,892 
04/15/2024 124.35  127.05  124.05  124.57  1,838,705 
04/12/2024 125.00  126.35  124.05  124.17  2,006,948 
04/11/2024 123.15  124.90  122.05  123.47  2,271,385 
04/10/2024 123.95  125.15  122.40  123.12  1,896,250 
04/09/2024 123.65  124.60  122.65  123.22  1,863,274 
04/08/2024 123.10  124.10  122.35  123.97  2,307,784 
04/05/2024 124.00  124.30  122.35  122.92  2,589,243 
04/04/2024 125.60  125.95  124.60  125.51  1,397,475 
04/03/2024 124.15  125.85  122.70  125.46  2,683,876 
04/02/2024 127.00  129.35  126.20  126.71  2,724,119 
03/28/2024 127.80  128.45  126.40  126.56  1,248,780 
03/27/2024 128.40  128.55  127.10  127.11  2,677,239 
03/26/2024 125.70  128.50  125.35  127.91  3,082,912 
03/25/2024 127.15  127.50  125.30  125.91  2,393,971 
03/22/2024 127.15  127.95  126.60  127.46  1,769,047 
03/21/2024 126.10  127.70  125.55  127.56  2,993,895 
03/20/2024 124.95  125.95  124.05  124.82  1,735,946 
03/19/2024 124.20  125.10  123.60  124.82  1,941,311 
03/18/2024 125.55  125.95  124.32  124.32  1,878,994 
03/15/2024 125.20  126.55  125.00  125.36  5,191,743 
03/14/2024 126.20  126.60  124.55  125.16  2,659,371 
03/13/2024 126.85  127.15  125.30  125.71  3,335,655 
03/12/2024 125.60  127.05  125.10  126.41  3,356,442 
03/11/2024 122.90  125.45  122.85  124.72  3,187,591 
03/08/2024 121.60  124.75  121.60  123.77  3,314,544 
03/07/2024 120.20  122.25  119.50  121.52  1,918,330 
03/06/2024 118.40  120.80  118.05  120.62  2,699,533 
03/05/2024 121.00  121.25  118.40  118.57  3,569,762 
03/04/2024 122.40  122.40  121.10  121.47  1,583,773 
03/01/2024 122.00  122.85  121.60  122.02  2,348,877 
02/29/2024 120.25  121.45  120.00  121.22  4,822,771 
02/28/2024 120.25  121.25  119.50  119.97  2,818,685 
02/27/2024 122.10  122.40  120.85  121.02  2,217,151 
02/26/2024 121.75  123.00  121.40  121.92  2,308,275 
02/23/2024 118.70  121.85  118.70  121.62  3,692,534 
02/22/2024 119.45  120.30  117.30  118.42  3,277,380 
02/21/2024 117.55  118.25  116.40  117.02  2,539,160 
02/20/2024 117.90  118.05  116.75  117.42  2,328,387 
02/19/2024 117.35  118.05  116.20  117.77  2,103,407 
02/16/2024 117.05  118.60  116.60  118.12  3,436,713 
02/15/2024 116.85  117.35  115.70  116.47  4,188,325 
02/14/2024 114.15  115.10  114.00  114.93  3,101,345 
02/13/2024 116.70  116.70  113.95  114.38  2,916,657 
02/12/2024 118.20  118.20  117.15  117.27  2,022,033 
02/09/2024 117.85  117.95  116.25  116.97  3,005,660 
02/08/2024 118.15  118.55  117.55  117.72  2,433,446 
02/07/2024 118.20  118.35  117.10  117.77  3,822,328 
02/06/2024 117.35  118.25  117.15  117.77  2,404,359 
02/05/2024 117.45  117.85  116.35  116.92  2,811,650 

About Hexagon AB Stock history

Hexagon AB investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hexagon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hexagon AB will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hexagon AB stock prices may prove useful in developing a viable investing in Hexagon AB
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 Sweden and is traded on Stockholm Stock Exchange. It employs 20905 people.

Hexagon AB Stock Technical Analysis

Hexagon AB technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hexagon AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hexagon AB trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Correlation Analysis Now

   

Correlation Analysis

Reduce portfolio risk simply by holding instruments which are not perfectly correlated
All  Next Launch Module

Hexagon AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hexagon AB's price direction in advance. Along with the technical and fundamental analysis of Hexagon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hexagon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexagon AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
CEOs Directory
Screen CEOs from public companies around the world
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
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.