Arab Pharmaceuticals is trading at 112.27 as of the 30th of November 2024. This is a 0.52 percent down since the beginning of the trading day. The stock's lowest day price was 111.77. Arab Pharmaceuticals has hardly any chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Arab Pharmaceuticals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Although Arab Pharmaceuticals' alpha and beta are two of the key measurements used to evaluate Arab Pharmaceuticals' 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 Arab Pharmaceuticals stock to make a market-neutral strategy. Peer analysis of Arab Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Arab Pharmaceuticals by comparing valuation metrics with similar companies.