HEXPOL AB (Sweden) Technical Analysis

HPOL-B Stock  SEK 131.50  0.50  0.38%   
As of the 24th of April, HEXPOL AB retains the risk adjusted performance of 0.125, and Market Risk Adjusted Performance of 0.8199. HEXPOL AB technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for HEXPOL AB, which can be compared to its competitors. Please check out HEXPOL AB treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if HEXPOL AB is priced correctly, providing market reflects its last-minute price of 131.5 per share.

HEXPOL AB Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HEXPOL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HEXPOL
  
HEXPOL AB's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
HEXPOL 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 HEXPOL AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HEXPOL 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...

HEXPOL AB Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of HEXPOL AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

HEXPOL AB Trend Analysis

Use this graph to draw trend lines for HEXPOL AB. You can use it to identify possible trend reversals for HEXPOL AB as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual HEXPOL AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

HEXPOL AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HEXPOL AB applied against its price change over selected period. The best fit line has a slop of   0.28  , which means HEXPOL AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3002.61, which is the sum of squared deviations for the predicted HEXPOL AB price change compared to its average price change.

About HEXPOL AB Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of HEXPOL AB on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of HEXPOL AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HEXPOL AB price pattern first instead of the macroeconomic environment surrounding HEXPOL AB. By analyzing HEXPOL AB's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of HEXPOL AB's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to HEXPOL AB specific price patterns or momentum indicators. Please read more on our technical analysis page.

HEXPOL AB April 24, 2024 Technical Indicators

Most technical analysis of HEXPOL help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for HEXPOL from various momentum indicators to cycle indicators. When you analyze HEXPOL charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

HEXPOL AB April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as HEXPOL stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HEXPOL 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for HEXPOL Stock analysis

When running HEXPOL AB's price analysis, check to measure HEXPOL 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 HEXPOL AB is operating at the current time. Most of HEXPOL AB's value examination focuses on studying past and present price action to predict the probability of HEXPOL 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 HEXPOL AB's price. Additionally, you may evaluate how the addition of HEXPOL AB to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between HEXPOL AB's value and its price as these two are different measures arrived at by different means. Investors typically determine if HEXPOL AB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HEXPOL 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.