General Accident is selling for under 121.00 as of the 25th of November 2024; that is 0.41% down since the beginning of the trading day. The preferred stock's lowest day price was 119.0. General Accident 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 General Accident plc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Although General Accident's alpha and beta are two of the key measurements used to evaluate General Accident'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 General Accident preferred stock to make a market-neutral strategy. Peer analysis of General Accident could also be used in its relative valuation, which is a method of valuing General Accident by comparing valuation metrics with similar companies.
Additional Tools for General Preferred Stock Analysis
When running General Accident's price analysis, check to measure General Accident'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 General Accident is operating at the current time. Most of General Accident's value examination focuses on studying past and present price action to predict the probability of General Accident's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move General Accident's price. Additionally, you may evaluate how the addition of General Accident to your portfolios can decrease your overall portfolio volatility.