United Plantations is selling for 30.60 as of the 27th of December 2024. This is a 2.00 percent increase since the beginning of the trading day. The stock's lowest day price was 30.06. United Plantations has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 7th of January 2023 and ending today, the 27th of December 2024. Click here to learn more.
Although United Plantations' alpha and beta are two of the key measurements used to evaluate United Plantations' 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 United Plantations stock to make a market-neutral strategy. Peer analysis of United Plantations could also be used in its relative valuation, which is a method of valuing United Plantations by comparing valuation metrics with similar companies.