Kohinoor Textile is trading at 107.95 as of the 24th of November 2024, a 6.09 percent increase since the beginning of the trading day. The stock's open price was 101.75. Kohinoor Textile 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 Kohinoor Textile Mills are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Kohinoor Textile Mills Risk Profiles
Although Kohinoor Textile's alpha and beta are two of the key measurements used to evaluate Kohinoor Textile'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 Kohinoor Textile stock to make a market-neutral strategy. Peer analysis of Kohinoor Textile could also be used in its relative valuation, which is a method of valuing Kohinoor Textile by comparing valuation metrics with similar companies.