Leidos Holdings is trading at 93.51 as of the 24th of November 2024, a 2.29% down since the beginning of the trading day. The stock's open price was 95.7. Leidos Holdings has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Leidos Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
Although Leidos Holdings' alpha and beta are two of the key measurements used to evaluate Leidos Holdings' 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 Leidos Holdings stock to make a market-neutral strategy. Peer analysis of Leidos Holdings could also be used in its relative valuation, which is a method of valuing Leidos Holdings by comparing valuation metrics with similar companies.