Atlas Battery is trading at 351.68 as of the 25th of February 2025, a 4.21 percent decrease since the beginning of the trading day. The stock's open price was 367.12. Atlas Battery has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 25th of February 2025. Click here to learn more.
Although Atlas Battery's alpha and beta are two of the key measurements used to evaluate Atlas Battery'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 Atlas Battery stock to make a market-neutral strategy. Peer analysis of Atlas Battery could also be used in its relative valuation, which is a method of valuing Atlas Battery by comparing valuation metrics with similar companies.