VITAFOAM NIGERIA is trading at 22.00 as of the 23rd of November 2024, a No Change since the beginning of the trading day. The stock's open price was 22.0. VITAFOAM NIGERIA has hardly any chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for VITAFOAM NIGERIA PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2024 and ending today, the 23rd of November 2024. Click here to learn more.
Although VITAFOAM NIGERIA's alpha and beta are two of the key measurements used to evaluate VITAFOAM NIGERIA'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 VITAFOAM NIGERIA stock to make a market-neutral strategy. Peer analysis of VITAFOAM NIGERIA could also be used in its relative valuation, which is a method of valuing VITAFOAM NIGERIA by comparing valuation metrics with similar companies.