A1EN34 is trading at 256.45 as of the 27th of December 2024, a No Change since the beginning of the trading day. The stock's open price was 256.45. A1EN34 has hardly any chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 28th of September 2024 and ending today, the 27th of December 2024. Click here to learn more.
Although A1EN34's alpha and beta are two of the key measurements used to evaluate A1EN34'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 A1EN34 stock to make a market-neutral strategy. Peer analysis of A1EN34 could also be used in its relative valuation, which is a method of valuing A1EN34 by comparing valuation metrics with similar companies.