GHANA MERCIAL is trading at 6.30 as of the 22nd of November 2024, a 0.80% up since the beginning of the trading day. The stock's lowest day price was 6.3. GHANA MERCIAL has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for GHANA MERCIAL BANK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Although GHANA MERCIAL's alpha and beta are two of the key measurements used to evaluate GHANA MERCIAL'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 GHANA MERCIAL stock to make a market-neutral strategy. Peer analysis of GHANA MERCIAL could also be used in its relative valuation, which is a method of valuing GHANA MERCIAL by comparing valuation metrics with similar companies.