FIRST MUTUAL is trading at 123.10 as of the 26th of December 2024. This is a 14.98 percent increase since the beginning of the trading day. The stock's open price was 107.06. FIRST MUTUAL has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 26th of November 2024 and ending today, the 26th of December 2024. Click here to learn more.
Although FIRST MUTUAL's alpha and beta are two of the key measurements used to evaluate FIRST MUTUAL'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 FIRST MUTUAL stock to make a market-neutral strategy. Peer analysis of FIRST MUTUAL could also be used in its relative valuation, which is a method of valuing FIRST MUTUAL by comparing valuation metrics with similar companies.