Reliance Steels Shares Pop 37 percent in 6 Months Heres Why - Yahoo New Zealand News
| MEL Stock | 7,300 700.00 10.61% |
About 55% of Me Lin's investors are presently thinking to get in. The analysis of current outlook of investing in Me Lin Steel suggests that some traders are interested regarding Me Lin's prospects. Me Lin's investing sentiment overview a quick insight into current market opportunities from investing in Me Lin Steel. Many technical investors use Me Lin Steel stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
MEL |
Reliance Steels Shares Pop 37 percent in 6 Months Heres Why Yahoo New Zealand News
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Me Lin Steel Potential Pair-trading
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 Me Lin stock to make a market-neutral strategy. Peer analysis of Me Lin could also be used in its relative valuation, which is a method of valuing Me Lin by comparing valuation metrics with similar companies.
Peers
Me Lin Related Equities
| CSV | South Basic | 0.33 | ||||
| FPT | FPT Corp | 0.13 | ||||
| JVC | Japan Vietnam | 0.52 | ||||
| ICT | Telecoms Informatics | 1.42 | ||||
| ABS | Binhthuan Agriculture | 1.58 | ||||
| FMC | Sao Ta | 1.78 | ||||
| ELC | Elcom Technology | 3.41 |