KENYA MERCIAL is trading at 830.00 as of the 21st of November 2024, a 6.41 percent increase since the beginning of the trading day. The stock's lowest day price was 780.0. KENYA MERCIAL has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for KENYA MERCIAL BANK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Although KENYA MERCIAL's alpha and beta are two of the key measurements used to evaluate KENYA 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 KENYA MERCIAL stock to make a market-neutral strategy. Peer analysis of KENYA MERCIAL could also be used in its relative valuation, which is a method of valuing KENYA MERCIAL by comparing valuation metrics with similar companies.