Techwing is trading at 38450.00 as of the 2nd of January 2025, a 2.41 percent decrease since the beginning of the trading day. The stock's open price was 39400.0. Techwing has hardly any chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. The performance scores are derived for the period starting the 13th of January 2023 and ending today, the 2nd of January 2025. Click here to learn more.
Although Techwing's alpha and beta are two of the key measurements used to evaluate Techwing'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 Techwing stock to make a market-neutral strategy. Peer analysis of Techwing could also be used in its relative valuation, which is a method of valuing Techwing by comparing valuation metrics with similar companies.