Tien Phong is selling at 16490.00 as of the 30th of December 2024; that is 0.55 percent up since the beginning of the trading day. The stock's open price was 16400.0. Tien Phong has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days.Tien Phong has reported 100 for 120 split on 23rd of September 2024. The performance scores are derived for the period starting the 6th of November 2023 and ending today, the 30th of December 2024. Click here to learn more.
Although Tien Phong's alpha and beta are two of the key measurements used to evaluate Tien Phong'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 Tien Phong stock to make a market-neutral strategy. Peer analysis of Tien Phong could also be used in its relative valuation, which is a method of valuing Tien Phong by comparing valuation metrics with similar companies.