Sociedad Minera is trading at 41.70 as of the 28th of November 2024, a 0.48% down since the beginning of the trading day. The stock's open price was 41.9. Sociedad Minera has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Sociedad Minera Cerro are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Although Sociedad Minera's alpha and beta are two of the key measurements used to evaluate Sociedad Minera'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 Sociedad Minera stock to make a market-neutral strategy. Peer analysis of Sociedad Minera could also be used in its relative valuation, which is a method of valuing Sociedad Minera by comparing valuation metrics with similar companies.