Hexagon AB Pink Sheet Forecast - Daily Balance Of Power
| HXGBY Stock | USD 11.00 0.04 0.36% |
Hexagon Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Hexagon AB stock prices and determine the direction of Hexagon AB ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Hexagon AB's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Hexagon AB to cross-verify your projections. Hexagon |
Most investors in Hexagon AB cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Hexagon AB's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Hexagon AB's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Hexagon AB ADR market sensitivity to bulls and bears. It estimates the ability of Hexagon AB buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hexagon AB Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.0769 | (0.31) |
| Check Hexagon AB Volatility | Backtest Hexagon AB | Information Ratio |
Hexagon AB Trading Date Momentum
| On April 19 2024 Hexagon AB ADR was traded for 11.00 at the closing time. The highest daily price throughout the period was 11.11 and the lowest price was 10.98 . There was no trading activity during the period 0.0. Lack of trading volume on 04/19/2024 did not cause price change. The trading delta at closing time to current closing price is 0.09% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Hexagon AB
For every potential investor in Hexagon, whether a beginner or expert, Hexagon AB's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hexagon Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hexagon. Basic forecasting techniques help filter out the noise by identifying Hexagon AB's price trends.Hexagon AB Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hexagon AB pink sheet to make a market-neutral strategy. Peer analysis of Hexagon AB could also be used in its relative valuation, which is a method of valuing Hexagon AB by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Hexagon AB ADR Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hexagon AB's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hexagon AB's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Hexagon AB Market Strength Events
Market strength indicators help investors to evaluate how Hexagon AB pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexagon AB shares will generate the highest return on investment. By undertsting and applying Hexagon AB pink sheet market strength indicators, traders can identify Hexagon AB ADR entry and exit signals to maximize returns.
Hexagon AB Risk Indicators
The analysis of Hexagon AB's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hexagon AB's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hexagon pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.35 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Downside Variance | 1.87 | |||
| Semi Variance | 1.81 | |||
| Expected Short fall | (1.28) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hexagon AB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hexagon AB's short interest history, or implied volatility extrapolated from Hexagon AB options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Hexagon AB to cross-verify your projections. Note that the Hexagon AB ADR 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Hexagon Pink Sheet 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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