Brand 24 is selling at 47.30 as of the 24th of November 2024; that is 0.63% down since the beginning of the trading day. The stock's lowest day price was 47.3. Brand 24 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 Brand 24 SA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Although Brand 24's alpha and beta are two of the key measurements used to evaluate Brand 24'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 Brand 24 stock to make a market-neutral strategy. Peer analysis of Brand 24 could also be used in its relative valuation, which is a method of valuing Brand 24 by comparing valuation metrics with similar companies.
When running Brand 24's price analysis, check to measure Brand 24'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 Brand 24 is operating at the current time. Most of Brand 24's value examination focuses on studying past and present price action to predict the probability of Brand 24's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brand 24's price. Additionally, you may evaluate how the addition of Brand 24 to your portfolios can decrease your overall portfolio volatility.