Asiabest Group (Philippines) Today
Asiabest Group is trading at 26.20 as of the 22nd of December 2024, a 24.76 percent increase since the beginning of the trading day. The stock's lowest day price was 21.0. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of December 2024. Click here to learn more.
Valuation
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Asiabest Group Inter Risk Profiles
Although Asiabest Group's alpha and beta are two of the key measurements used to evaluate Asiabest Group's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.22 | |||
| Semi Deviation | 2.77 | |||
| Standard Deviation | 6.74 | |||
| Variance | 45.48 |
Asiabest Stock Against Markets
Asiabest Group Related Equities
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 Asiabest Group stock to make a market-neutral strategy. Peer analysis of Asiabest Group could also be used in its relative valuation, which is a method of valuing Asiabest Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in Asiabest Stock
Asiabest Group financial ratios help investors to determine whether Asiabest Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Asiabest with respect to the benefits of owning Asiabest Group security.