ORMONDE MINING is trading at 5.0E-4 as of the 27th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 5.0E-4. ORMONDE MINING has hardly any chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for ORMONDE MINING EO 01 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
ORMONDE MINING EO Risk Profiles
Although ORMONDE MINING's alpha and beta are two of the key measurements used to evaluate ORMONDE MINING'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 ORMONDE MINING stock to make a market-neutral strategy. Peer analysis of ORMONDE MINING could also be used in its relative valuation, which is a method of valuing ORMONDE MINING by comparing valuation metrics with similar companies.