CMC Corp is selling at 55000.00 as of the 24th of December 2024; that is 1.43% down since the beginning of the trading day. The stock's open price was 55800.0. CMC Corp has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. CMC Corp has reported 100 for 111 split on 30th of December 2024. The performance scores are derived for the period starting the 24th of November 2024 and ending today, the 24th of December 2024. Click here to learn more.
Although CMC Corp's alpha and beta are two of the key measurements used to evaluate CMC Corp'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 CMC Corp stock to make a market-neutral strategy. Peer analysis of CMC Corp could also be used in its relative valuation, which is a method of valuing CMC Corp by comparing valuation metrics with similar companies.