Plastic Additives is selling at 10400.00 as of the 25th of November 2024; that is 4.00 percent increase since the beginning of the trading day. The stock's open price was 10000.0. Plastic Additives 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 Plastic Additives JSC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Although Plastic Additives' alpha and beta are two of the key measurements used to evaluate Plastic Additives' 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 Plastic Additives stock to make a market-neutral strategy. Peer analysis of Plastic Additives could also be used in its relative valuation, which is a method of valuing Plastic Additives by comparing valuation metrics with similar companies.