Hexa Tradex (India) Today
| HEXATRADEX | 148.05 2.95 1.95% |
Performance0 of 100
| Odds Of DistressLess than 36
|
Hexa Tradex is trading at 148.05 as of the 6th of May 2024, a -1.95% down since the beginning of the trading day. The stock's open price was 151.0. Hexa Tradex has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Hexa Tradex Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of May 2022 and ending today, the 6th of May 2024. Click here to learn more.
Business Domain Financial Services | Classification Financials |
Hexa Tradex is entity of India. It is traded as Stock on NSE exchange. The company has 55.24 M outstanding shares. More on Hexa Tradex Limited
Moving against Hexa Stock
| 0.62 | HDFCBANK | HDFC Bank Limited | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Hexa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hexa Tradex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hexa Tradex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO CFO | Neeraj Kanagat | ||||
| Thematic Idea | Marketing (View all Themes) | ||||
| Business Concentration | Consumer Finance, Financial Services, Marketing, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) | ||||
Hexa Tradex's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hexa Tradex's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hexa Tradex's financial leverage. It provides some insight into what part of Hexa Tradex's total assets is financed by creditors.
| |||||
Hexa Tradex Limited (HEXATRADEX) is traded on National Stock Exchange of India in India and employs 5 people. Hexa Tradex is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.31 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hexa Tradex's market, we take the total number of its shares issued and multiply it by Hexa Tradex's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hexa Tradex Limited operates under Consumer Finance sector and is part of Financials industry. The entity has 55.24 M outstanding shares.
Hexa Tradex Limited has accumulated about 5.72 M in cash with (229.94 M) of positive cash flow from operations.
Check Hexa Tradex Probability Of Bankruptcy
Ownership AllocationHexa Tradex secures a total of 55.24 Million outstanding shares. Hexa Tradex retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 93.91 (percent) of Hexa Tradex outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Hexa Ownership Details
Hexa Stock Price Odds Analysis
What are Hexa Tradex's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Hexa Tradex jumping above the current price in 90 days from now is under 95%. The Hexa Tradex Limited probability density function shows the probability of Hexa Tradex stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Hexa Tradex has a beta of 0.4639. This usually indicates as returns on the market go up, Hexa Tradex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hexa Tradex Limited will be expected to be much smaller as well. Additionally, hexa Tradex Limited has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hexa Tradex to move above the current price in 90 days from now is under 95 (This Hexa Tradex Limited probability density function shows the probability of Hexa Stock to fall within a particular range of prices over 90 days) .
Hexa Tradex Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hexa Tradex market risk premium is the additional return an investor will receive from holding Hexa Tradex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hexa Tradex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hexa Tradex's alpha and beta are two of the key measurements used to evaluate Hexa Tradex's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.04 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.15 | |||
| Risk Adjusted Performance | (0.02) |
Hexa Stock Against Markets
Picking the right benchmark for Hexa Tradex 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 Hexa Tradex 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 Hexa Tradex is critical whether you are bullish or bearish towards Hexa Tradex Limited at a given time. Please also check how Hexa Tradex's historical prices are related to one of the top price index indicators.
| NYA | 0.56 | |||||
| HEXATRADEX | 1.95 |
| Competition | Compare Correlations |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hexa Tradex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Performance Analysis Now
Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
How to buy Hexa Stock?
Before investing in Hexa Tradex, 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 Hexa Tradex. To buy Hexa Tradex stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hexa Tradex. 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 Hexa Tradex stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hexa Tradex Limited 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 Hexa Tradex Limited 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 Hexa Tradex Limited, 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 Hexa Tradex Limited?
The danger of trading Hexa Tradex Limited 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 Hexa Tradex 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 Hexa Tradex. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hexa Tradex Limited 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hexa Tradex Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Hexa Stock analysis
When running Hexa Tradex's price analysis, check to measure Hexa Tradex'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 Hexa Tradex is operating at the current time. Most of Hexa Tradex's value examination focuses on studying past and present price action to predict the probability of Hexa Tradex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hexa Tradex's price. Additionally, you may evaluate how the addition of Hexa Tradex to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |