CIMB Group is selling for 8.21 as of the 21st of November 2024. This is a 0.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.21. CIMB Group has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for CIMB Group Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Although CIMB Group's alpha and beta are two of the key measurements used to evaluate CIMB Group'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 CIMB Group stock to make a market-neutral strategy. Peer analysis of CIMB Group could also be used in its relative valuation, which is a method of valuing CIMB Group by comparing valuation metrics with similar companies.