First Phosphate is trading at 0.13 as of the 28th of November 2024. This is a 7.14% down since the beginning of the trading day. The stock's lowest day price was 0.13. First Phosphate 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 First Phosphate Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2023 and ending today, the 28th of November 2024. Click here to learn more.
Picking the right benchmark for First Phosphate otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Phosphate otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Phosphate is critical whether you are bullish or bearish towards First Phosphate Corp at a given time. Please also check how First Phosphate's historical prices are related to one of the top price index indicators.
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 First Phosphate otc stock to make a market-neutral strategy. Peer analysis of First Phosphate could also be used in its relative valuation, which is a method of valuing First Phosphate by comparing valuation metrics with similar companies.