Lumine is trading at 30.84 as of the 11th of December 2024. This is a 2.02% up since the beginning of the trading day. The stock's lowest day price was 30.0. Lumine has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 20th of July 2023 and ending today, the 11th of December 2024. Click here to learn more.
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 Lumine pink sheet to make a market-neutral strategy. Peer analysis of Lumine could also be used in its relative valuation, which is a method of valuing Lumine by comparing valuation metrics with similar companies.