Rainbow Tours is selling at 127.40 as of the 16th of February 2025; that is 0.31% down since the beginning of the trading day. The stock's lowest day price was 126.4. Rainbow Tours has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Although Rainbow Tours' alpha and beta are two of the key measurements used to evaluate Rainbow Tours' 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 Rainbow Tours stock to make a market-neutral strategy. Peer analysis of Rainbow Tours could also be used in its relative valuation, which is a method of valuing Rainbow Tours by comparing valuation metrics with similar companies.
When running Rainbow Tours' price analysis, check to measure Rainbow Tours' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rainbow Tours is operating at the current time. Most of Rainbow Tours' value examination focuses on studying past and present price action to predict the probability of Rainbow Tours' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rainbow Tours' price. Additionally, you may evaluate how the addition of Rainbow Tours to your portfolios can decrease your overall portfolio volatility.