JLK is trading at 7760.00 as of the 28th of December 2024, a 1.9 percent decrease since the beginning of the trading day. The stock's open price was 7910.0. JLK has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.JLK has reported 1 for 1 split on 17th of October 2024. The performance scores are derived for the period starting the 1st of July 2024 and ending today, the 28th of December 2024. Click here to learn more.
Although JLK's alpha and beta are two of the key measurements used to evaluate JLK'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 JLK stock to make a market-neutral strategy. Peer analysis of JLK could also be used in its relative valuation, which is a method of valuing JLK by comparing valuation metrics with similar companies.