Egypt Aluminum is trading at 115.36 as of the 11th of December 2024. This is a 1.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 115.25. Egypt Aluminum has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 11th of November 2024 and ending today, the 11th of December 2024. Click here to learn more.
Although Egypt Aluminum's alpha and beta are two of the key measurements used to evaluate Egypt Aluminum'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 Egypt Aluminum stock to make a market-neutral strategy. Peer analysis of Egypt Aluminum could also be used in its relative valuation, which is a method of valuing Egypt Aluminum by comparing valuation metrics with similar companies.