PREMIUM NICKEL (Germany) Today
PREMIUM NICKEL is trading at 0.31 as of the 25th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.31. Equity ratings for PREMIUM NICKEL RESOURCES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
PREMIUM NICKEL RESOURCES Risk Profiles
Although PREMIUM NICKEL's alpha and beta are two of the key measurements used to evaluate PREMIUM NICKEL's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.37 | |||
| Standard Deviation | 6.81 | |||
| Variance | 46.39 | |||
| Risk Adjusted Performance | (0.07) |
PREMIUM Stock Against Markets
PREMIUM NICKEL Related Equities
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 PREMIUM NICKEL stock to make a market-neutral strategy. Peer analysis of PREMIUM NICKEL could also be used in its relative valuation, which is a method of valuing PREMIUM NICKEL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |