We Buy is trading at 4196.00 as of the 24th of November 2024, a 1.94 percent decrease since the beginning of the trading day. The stock's lowest day price was 4180.0. We Buy has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for We Buy Cars are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Although We Buy's alpha and beta are two of the key measurements used to evaluate We Buy'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 We Buy stock to make a market-neutral strategy. Peer analysis of We Buy could also be used in its relative valuation, which is a method of valuing We Buy by comparing valuation metrics with similar companies.