MEYER PLC is trading at 7.67 as of the 22nd of November 2024; that is No Change since the beginning of the trading day. The stock's open price was 7.67. MEYER PLC has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for MEYER PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Although MEYER PLC's alpha and beta are two of the key measurements used to evaluate MEYER PLC'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 MEYER PLC stock to make a market-neutral strategy. Peer analysis of MEYER PLC could also be used in its relative valuation, which is a method of valuing MEYER PLC by comparing valuation metrics with similar companies.
When running MEYER PLC's price analysis, check to measure MEYER PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MEYER PLC is operating at the current time. Most of MEYER PLC's value examination focuses on studying past and present price action to predict the probability of MEYER PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEYER PLC's price. Additionally, you may evaluate how the addition of MEYER PLC to your portfolios can decrease your overall portfolio volatility.