HOME AFRIKA is trading at 0.63 as of the 31st of January 2025, a 8.62 percent increase since the beginning of the trading day. The stock's open price was 0.58. HOME AFRIKA 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 1st of January 2025 and ending today, the 31st of January 2025. Click here to learn more.
Although HOME AFRIKA's alpha and beta are two of the key measurements used to evaluate HOME AFRIKA'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 HOME AFRIKA stock to make a market-neutral strategy. Peer analysis of HOME AFRIKA could also be used in its relative valuation, which is a method of valuing HOME AFRIKA by comparing valuation metrics with similar companies.