IKEJA HOTELS is selling at 8.00 as of the 28th of November 2024; that is 1.84 percent decrease since the beginning of the trading day. The stock's open price was 8.15. IKEJA HOTELS has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for IKEJA HOTELS PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Although IKEJA HOTELS's alpha and beta are two of the key measurements used to evaluate IKEJA HOTELS'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 IKEJA HOTELS stock to make a market-neutral strategy. Peer analysis of IKEJA HOTELS could also be used in its relative valuation, which is a method of valuing IKEJA HOTELS by comparing valuation metrics with similar companies.