NicOx SA is selling at 0.28 as of the 17th of December 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.27. NicOx SA has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Although NicOx SA's alpha and beta are two of the key measurements used to evaluate NicOx SA'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 NicOx SA stock to make a market-neutral strategy. Peer analysis of NicOx SA could also be used in its relative valuation, which is a method of valuing NicOx SA by comparing valuation metrics with similar companies.
When running NicOx SA's price analysis, check to measure NicOx SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NicOx SA is operating at the current time. Most of NicOx SA's value examination focuses on studying past and present price action to predict the probability of NicOx SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NicOx SA's price. Additionally, you may evaluate how the addition of NicOx SA to your portfolios can decrease your overall portfolio volatility.