Drb Industrial is trading at 7600.00 as of the 25th of January 2025, a 1.20 percent up since the beginning of the trading day. The stock's open price was 7510.0. Drb Industrial has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 5th of February 2023 and ending today, the 25th of January 2025. Click here to learn more.
Although Drb Industrial's alpha and beta are two of the key measurements used to evaluate Drb Industrial'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 Drb Industrial stock to make a market-neutral strategy. Peer analysis of Drb Industrial could also be used in its relative valuation, which is a method of valuing Drb Industrial by comparing valuation metrics with similar companies.