WIIT SPA is trading at 19.48 as of the 25th of November 2024. This is a 4.84% up since the beginning of the trading day. The stock's lowest day price was 19.38. WIIT SPA has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for WIIT SPA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
WIIT SPA Risk Profiles
Although WIIT SPA's alpha and beta are two of the key measurements used to evaluate WIIT SPA'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 WIIT SPA stock to make a market-neutral strategy. Peer analysis of WIIT SPA could also be used in its relative valuation, which is a method of valuing WIIT SPA by comparing valuation metrics with similar companies.