Cosmax is trading at 132500.00 as of the 22nd of November 2024, a 1.69 percent increase since the beginning of the trading day. The stock's open price was 130300.0. Cosmax 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 Cosmax Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Although Cosmax's alpha and beta are two of the key measurements used to evaluate Cosmax'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 Cosmax stock to make a market-neutral strategy. Peer analysis of Cosmax could also be used in its relative valuation, which is a method of valuing Cosmax by comparing valuation metrics with similar companies.