Kijcharoen Engineering is selling for 6.75 as of the 22nd of November 2024. This is a 2.88 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 6.75. Kijcharoen Engineering has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Kijcharoen Engineering Electric are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
Although Kijcharoen Engineering's alpha and beta are two of the key measurements used to evaluate Kijcharoen Engineering'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 Kijcharoen Engineering stock to make a market-neutral strategy. Peer analysis of Kijcharoen Engineering could also be used in its relative valuation, which is a method of valuing Kijcharoen Engineering by comparing valuation metrics with similar companies.