Young Poong is trading at 384500.00 as of the 5th of January 2025, a 0.39% up since the beginning of the trading day. The stock's open price was 383000.0. Young Poong has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Young Poong has reported 1 for 1 split on 27th of December 2024. The performance scores are derived for the period starting the 6th of November 2024 and ending today, the 5th of January 2025. Click here to learn more.
Although Young Poong's alpha and beta are two of the key measurements used to evaluate Young Poong'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 Young Poong stock to make a market-neutral strategy. Peer analysis of Young Poong could also be used in its relative valuation, which is a method of valuing Young Poong by comparing valuation metrics with similar companies.