ZENITH BANK is trading at 46.80 as of the 18th of January 2025, a 0.32 percent decrease since the beginning of the trading day. The stock's open price was 46.95. ZENITH BANK has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Although ZENITH BANK's alpha and beta are two of the key measurements used to evaluate ZENITH BANK'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 ZENITH BANK stock to make a market-neutral strategy. Peer analysis of ZENITH BANK could also be used in its relative valuation, which is a method of valuing ZENITH BANK by comparing valuation metrics with similar companies.