RED CAT (Germany) Today
RED CAT is trading at 11.70 as of the 21st of January 2025. This is a 6.4% down since the beginning of the trading day. The stock's lowest day price was 11.7. The performance scores are derived for the period starting the 22nd of December 2024 and ending today, the 21st of January 2025. Click here to learn more.
RED CAT 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 RED CAT stock to make a market-neutral strategy. Peer analysis of RED CAT could also be used in its relative valuation, which is a method of valuing RED CAT by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |