Thong Nhat is selling at 41900.00 as of the 27th of December 2024; that is 0.24 percent decrease since the beginning of the trading day. The stock's open price was 42000.0. Thong Nhat has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 27th of November 2024 and ending today, the 27th of December 2024. Click here to learn more.
Although Thong Nhat's alpha and beta are two of the key measurements used to evaluate Thong Nhat'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 Thong Nhat stock to make a market-neutral strategy. Peer analysis of Thong Nhat could also be used in its relative valuation, which is a method of valuing Thong Nhat by comparing valuation metrics with similar companies.