Mirae Asset is trading at 4020.00 as of the 23rd of November 2024, a 0.12 percent increase since the beginning of the trading day. The stock's open price was 4015.0. Mirae Asset has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Mirae Asset Daewoo are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Although Mirae Asset's alpha and beta are two of the key measurements used to evaluate Mirae Asset's performance over the market, the standard measures of volatility play an important role as well.
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 Mirae Asset stock to make a market-neutral strategy. Peer analysis of Mirae Asset could also be used in its relative valuation, which is a method of valuing Mirae Asset by comparing valuation metrics with similar companies.