FIDELITY BANK is selling for under 17.60 as of the 18th of January 2025; that is 0.57 percent increase since the beginning of the trading day. The stock's last reported lowest price was 17.5. FIDELITY BANK has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Although FIDELITY BANK's alpha and beta are two of the key measurements used to evaluate FIDELITY BANK'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 FIDELITY BANK stock to make a market-neutral strategy. Peer analysis of FIDELITY BANK could also be used in its relative valuation, which is a method of valuing FIDELITY BANK by comparing valuation metrics with similar companies.
When running FIDELITY BANK's price analysis, check to measure FIDELITY BANK'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 FIDELITY BANK is operating at the current time. Most of FIDELITY BANK's value examination focuses on studying past and present price action to predict the probability of FIDELITY BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIDELITY BANK's price. Additionally, you may evaluate how the addition of FIDELITY BANK to your portfolios can decrease your overall portfolio volatility.