F1RA34 is trading at 132.73 as of the 22nd of December 2024, a 2.56% down since the beginning of the trading day. The stock's open price was 136.22. F1RA34 has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 23rd of September 2024 and ending today, the 22nd of December 2024. Click here to learn more.
Although F1RA34's alpha and beta are two of the key measurements used to evaluate F1RA34'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 F1RA34 stock to make a market-neutral strategy. Peer analysis of F1RA34 could also be used in its relative valuation, which is a method of valuing F1RA34 by comparing valuation metrics with similar companies.