Hexagon Purus (Norway) Price on December 2, 2024
| HPUR Stock | NOK 5.95 0.08 1.36% |
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 Purus stands at 5.95, as last reported on the 11th of December 2024, with the highest price reaching 5.97 and the lowest price hitting 5.76 during the day. Hexagon Purus As holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Hexagon Purus As exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hexagon Purus' Market Risk Adjusted Performance of (0.52), standard deviation of 4.87, and Risk Adjusted Performance of (0.08) 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.
Hexagon |
Sharpe Ratio = -0.1358
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Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hexagon Purus 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 Purus by adding Hexagon Purus to a well-diversified portfolio.
Hexagon Purus Valuation on December 2, 2024
It is possible to determine the worth of Hexagon Purus on a given historical date. On December 2, 2024 Hexagon was worth 5.5 at the beginning of the trading date compared to the closed value of 5.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hexagon Purus stock. Still, in general, we apply an absolute valuation method to find Hexagon Purus' 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 Hexagon Purus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hexagon Purus' related companies.
| Open | High | Low | Close | Volume | |
| 5.30 | 5.56 | 5.25 | 5.52 | 2,352,623 | |
12/02/2024 | 5.50 | 5.60 | 5.42 | 5.48 | 830,643 |
| 5.48 | 5.51 | 5.29 | 5.31 | 462,158 |
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Hexagon Purus Trading Date Momentum on December 2, 2024
| On December 03 2024 Hexagon Purus As was traded for 5.31 at the closing time. The highest price during the trading period was 5.51 and the lowest recorded bid was listed for 5.29 . The volume for the day was 462.2 K. This history from December 3, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.10% . The trading delta at closing time to the current price is 7.12% . |
Hexagon Purus As Fundamentals Correlations and Trends
By evaluating Hexagon Purus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hexagon Purus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hexagon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hexagon Purus Stock history
Hexagon Purus 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 Purus As 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 Purus stock prices may prove useful in developing a viable investing in Hexagon Purus
Hexagon Purus Holding AS provides hydrogen type 4 high-pressure cylinders, vehicle systems, and battery packs for fuel cell electric and battery electric vehicles. Hexagon Purus Holding AS operates as a subsidiary of Hexagon Composites ASA. HEXAGON PURUS is traded on Oslo Stock Exchange in Norway.
Hexagon Purus Stock Technical Analysis
Hexagon Purus 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
Hexagon Purus Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Hexagon Purus As cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock Exchange. 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.
Hexagon Purus December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Hexagon Purus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexagon Purus shares will generate the highest return on investment. By undertsting and applying Hexagon Purus stock market strength indicators, traders can identify Hexagon Purus As entry and exit signals to maximize returns
Hexagon Purus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hexagon Purus' 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.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (1.36) | |||
| Treynor Ratio | (0.53) |
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Other Information on Investing in Hexagon Stock
Hexagon Purus financial ratios help investors to determine whether Hexagon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hexagon with respect to the benefits of owning Hexagon Purus security.