AUTOMATIC SYSTEMS is selling at 79.00 as of the 28th of November 2024; that is 5.33 percent increase since the beginning of the trading day. The stock's lowest day price was 75.0. AUTOMATIC SYSTEMS has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for AUTOMATIC SYSTEMS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Although AUTOMATIC SYSTEMS's alpha and beta are two of the key measurements used to evaluate AUTOMATIC SYSTEMS'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 AUTOMATIC SYSTEMS stock to make a market-neutral strategy. Peer analysis of AUTOMATIC SYSTEMS could also be used in its relative valuation, which is a method of valuing AUTOMATIC SYSTEMS by comparing valuation metrics with similar companies.