Hexo Corp Price on January 8, 2021
HEXODelisted Stock | USD 0.71 0.00 0.00% |
If you're considering investing in Hexo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hexo Corp stands at 0.71, as last reported on the 25th of April, with the highest price reaching 0.71 and the lowest price hitting 0.71 during the day. We have found nineteen technical indicators for Hexo Corp, which you can use to evaluate the volatility of the firm. Please check out Hexo Corp's Market Risk Adjusted Performance of (0.31), standard deviation of 6.6, and Risk Adjusted Performance of (0.06) to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Hexo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hexo |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
HEXO |
Based on monthly moving average Hexo Corp 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 Hexo Corp by adding Hexo Corp to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Hexo Corp Stock history
Hexo Corp 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 Hexo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hexo Corp 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 Hexo Corp stock prices may prove useful in developing a viable investing in Hexo Corp
HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. HEXO Corp. was founded in 2013 and is headquartered in Gatineau, Canada. Hexo Corp is traded on NASDAQ Exchange in the United States.
Hexo Corp Stock Technical Analysis
Hexo Corp 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Hexo Corp Period Price Range
Hexo Corp April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Hexo Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hexo Corp shares will generate the highest return on investment. By undertsting and applying Hexo Corp stock market strength indicators, traders can identify Hexo Corp entry and exit signals to maximize returns
Hexo Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hexo Corp's price direction in advance. Along with the technical and fundamental analysis of Hexo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hexo 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 | (0.06) | |||
Jensen Alpha | (0.90) | |||
Total Risk Alpha | (1.61) | |||
Treynor Ratio | (0.32) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Hexo Stock
If you are still planning to invest in Hexo Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Hexo Corp's history and understand the potential risks before investing.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation |