First Tri is trading at 13.92 as of the 4th of December 2024, a 0.93% down since the beginning of the trading day. The stock's open price was 14.05. First Tri has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for First Tri Star Modaraba are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2024 and ending today, the 4th of December 2024. Click here to learn more.
Although First Tri's alpha and beta are two of the key measurements used to evaluate First Tri'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 Tri stock to make a market-neutral strategy. Peer analysis of First Tri could also be used in its relative valuation, which is a method of valuing First Tri by comparing valuation metrics with similar companies.