Unisem M is selling for 2.95 as of the 21st of November 2024. This is a 0.68 percent increase since the beginning of the trading day. The stock's lowest day price was 2.92. Unisem M has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Unisem M Bhd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Although Unisem M's alpha and beta are two of the key measurements used to evaluate Unisem M'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 Unisem M stock to make a market-neutral strategy. Peer analysis of Unisem M could also be used in its relative valuation, which is a method of valuing Unisem M by comparing valuation metrics with similar companies.