PIA Holding is trading at 15.47 as of the 28th of November 2024, a 3.41% up since the beginning of the trading day. The stock's open price was 14.96. PIA Holding has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PIA Holding are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
PIA Holding Risk Profiles
Although PIA Holding's alpha and beta are two of the key measurements used to evaluate PIA Holding'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 PIA Holding stock to make a market-neutral strategy. Peer analysis of PIA Holding could also be used in its relative valuation, which is a method of valuing PIA Holding by comparing valuation metrics with similar companies.