Neo Corporate is selling for 35.00 as of the 4th of December 2024. This is a 1.41 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 34.5. Neo Corporate 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 Neo Corporate Pcl are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of June 2024 and ending today, the 4th of December 2024. Click here to learn more.
Although Neo Corporate's alpha and beta are two of the key measurements used to evaluate Neo Corporate'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 Neo Corporate stock to make a market-neutral strategy. Peer analysis of Neo Corporate could also be used in its relative valuation, which is a method of valuing Neo Corporate by comparing valuation metrics with similar companies.