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Galileo International Potential Pair-trading
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 Galileo International stock to make a market-neutral strategy. Peer analysis of Galileo International could also be used in its relative valuation, which is a method of valuing Galileo International by comparing valuation metrics with similar companies.
Peers
Galileo International Related Equities
AMD | Advanced Micro | 0.65 |
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UL | Unilever PLC | 0.98 |
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LECO | Lincoln Electric | 1.06 |
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SWK | Stanley Black | 1.19 |
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EL | Estee Lauder | 1.57 |
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ASML | ASML Holding | 2.43 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Other Consideration for investing in Galileo Stock
If you are still planning to invest in Galileo International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Galileo International's history and understand the potential risks before investing.
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