CIC Corp is selling at 17200.00 as of the 22nd of November 2024; that is 0.58% down since the beginning of the trading day. The stock's open price was 17300.0. CIC Corp has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for CIC Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Although CIC Corp's alpha and beta are two of the key measurements used to evaluate CIC Corp'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 CIC Corp stock to make a market-neutral strategy. Peer analysis of CIC Corp could also be used in its relative valuation, which is a method of valuing CIC Corp by comparing valuation metrics with similar companies.