Tong Herr is selling for 1.82 as of the 24th of November 2024. This is a 1.11 percent increase since the beginning of the trading day. The stock's lowest day price was 1.82. Tong Herr 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 Tong Herr Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Tong Herr Resources Risk Profiles
Although Tong Herr's alpha and beta are two of the key measurements used to evaluate Tong Herr'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 Tong Herr stock to make a market-neutral strategy. Peer analysis of Tong Herr could also be used in its relative valuation, which is a method of valuing Tong Herr by comparing valuation metrics with similar companies.