NIGERIAN AVIATION is trading at 38.00 as of the 17th of December 2024; that is 0.26 percent increase since the beginning of the trading day. The stock's open price was 37.9. NIGERIAN AVIATION 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 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Although NIGERIAN AVIATION's alpha and beta are two of the key measurements used to evaluate NIGERIAN AVIATION'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 NIGERIAN AVIATION stock to make a market-neutral strategy. Peer analysis of NIGERIAN AVIATION could also be used in its relative valuation, which is a method of valuing NIGERIAN AVIATION by comparing valuation metrics with similar companies.
When running NIGERIAN AVIATION's price analysis, check to measure NIGERIAN AVIATION'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 NIGERIAN AVIATION is operating at the current time. Most of NIGERIAN AVIATION's value examination focuses on studying past and present price action to predict the probability of NIGERIAN AVIATION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIGERIAN AVIATION's price. Additionally, you may evaluate how the addition of NIGERIAN AVIATION to your portfolios can decrease your overall portfolio volatility.