Hexa Tradex (India) Price on July 2, 2024
HEXATRADEX | 291.15 6.75 2.27% |
If you're considering investing in Hexa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hexa Tradex stands at 291.15, as last reported on the 21st of December, with the highest price reaching 306.45 and the lowest price hitting 287.35 during the day. Hexa Tradex Limited holds Efficiency (Sharpe) Ratio of -0.0217, which attests that the entity had a -0.0217% return per unit of risk over the last 3 months. Hexa Tradex Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hexa Tradex's Risk Adjusted Performance of (0.01), standard deviation of 2.99, and Market Risk Adjusted Performance of (0.68) to validate the risk estimate we provide.
Hexa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hexa |
Sharpe Ratio = -0.0217
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Estimated Market Risk
2.99 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hexa Tradex 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 Hexa Tradex by adding Hexa Tradex to a well-diversified portfolio.
Hexa Tradex Valuation on July 2, 2024
It is possible to determine the worth of Hexa Tradex on a given historical date. On July 2, 2024 Hexa was worth 195.0 at the beginning of the trading date compared to the closed value of 184.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hexa Tradex stock. Still, in general, we apply an absolute valuation method to find Hexa Tradex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hexa Tradex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hexa Tradex's related companies.
Open | High | Low | Close | Volume | |
204.99 | 205.00 | 189.66 | 192.07 | 95,701 | |
07/02/2024 | 195.00 | 201.67 | 182.46 | 184.40 | 307,822 |
185.99 | 190.00 | 175.18 | 175.27 | 136,427 |
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Hexa Tradex Trading Date Momentum on July 2, 2024
On July 03 2024 Hexa Tradex Limited was traded for 175.27 at the closing time. The highest price during the trading period was 190.00 and the lowest recorded bid was listed for 175.18 . The volume for the day was 136.4 K. This history from July 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.95% . The trading delta at closing time to the current price is 0.36% . |
Hexa Tradex Limited Fundamentals Correlations and Trends
By evaluating Hexa Tradex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hexa Tradex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hexa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hexa Tradex Stock history
Hexa Tradex 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 Hexa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hexa Tradex Limited 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 Hexa Tradex stock prices may prove useful in developing a viable investing in Hexa Tradex
Hexa Tradex Stock Technical Analysis
Hexa Tradex 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.
Price Boundaries
Hexa Tradex Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Hexa Tradex Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Hexa Tradex December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Hexa Tradex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexa Tradex shares will generate the highest return on investment. By undertsting and applying Hexa Tradex stock market strength indicators, traders can identify Hexa Tradex Limited entry and exit signals to maximize returns
Hexa Tradex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hexa Tradex's price direction in advance. Along with the technical and fundamental analysis of Hexa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hexa 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (0.69) |
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Volume Indicators |
Complementary Tools for Hexa Stock analysis
When running Hexa Tradex's price analysis, check to measure Hexa Tradex'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 Hexa Tradex is operating at the current time. Most of Hexa Tradex's value examination focuses on studying past and present price action to predict the probability of Hexa Tradex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexa Tradex's price. Additionally, you may evaluate how the addition of Hexa Tradex to your portfolios can decrease your overall portfolio volatility.
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