Australia (Australia) Today
Australia is trading at 100.99 as of the 1st of December 2024, a No Change since the beginning of the trading day. The stock's open price was 100.99. Equity ratings for Australia and New are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Australia Related Equities
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 Australia stock to make a market-neutral strategy. Peer analysis of Australia could also be used in its relative valuation, which is a method of valuing Australia by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in Australia Stock
Australia financial ratios help investors to determine whether Australia Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Australia with respect to the benefits of owning Australia security.