HACKETT GROUP (Germany) Today
HACKETT GROUP is selling for under 21.60 as of the 3rd of May 2024; that is -1.82 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 21.6. Equity ratings for HACKETT GROUP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of February 2024 and ending today, the 3rd of May 2024. Click here to learn more.
HACKETT Stock Against Markets
Picking the right benchmark for HACKETT GROUP stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HACKETT GROUP stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HACKETT GROUP is critical whether you are bullish or bearish towards HACKETT GROUP at a given time. Please also check how HACKETT GROUP's historical prices are related to one of the top price index indicators.
HACKETT GROUP 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 HACKETT GROUP stock to make a market-neutral strategy. Peer analysis of HACKETT GROUP could also be used in its relative valuation, which is a method of valuing HACKETT GROUP by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy HACKETT Stock?
Before investing in HACKETT GROUP, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in HACKETT GROUP. To buy HACKETT GROUP stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of HACKETT GROUP. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase HACKETT GROUP stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located HACKETT GROUP stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased HACKETT GROUP stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as HACKETT GROUP, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in HACKETT GROUP?
The danger of trading HACKETT GROUP is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of HACKETT GROUP is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than HACKETT GROUP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HACKETT GROUP is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities 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 state. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for HACKETT Stock analysis
When running HACKETT GROUP's price analysis, check to measure HACKETT GROUP'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 HACKETT GROUP is operating at the current time. Most of HACKETT GROUP's value examination focuses on studying past and present price action to predict the probability of HACKETT GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HACKETT GROUP's price. Additionally, you may evaluate how the addition of HACKETT GROUP to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |