Bunnys is selling at 14.55 as of the 21st of November 2024; that is 5.15 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.5. Bunnys has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Bunnys Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Although Bunnys' alpha and beta are two of the key measurements used to evaluate Bunnys' 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 Bunnys stock to make a market-neutral strategy. Peer analysis of Bunnys could also be used in its relative valuation, which is a method of valuing Bunnys by comparing valuation metrics with similar companies.
When running Bunnys' price analysis, check to measure Bunnys' 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 Bunnys is operating at the current time. Most of Bunnys' value examination focuses on studying past and present price action to predict the probability of Bunnys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bunnys' price. Additionally, you may evaluate how the addition of Bunnys to your portfolios can decrease your overall portfolio volatility.