Crane is selling for under 170.00 as of the 2nd of December 2024; that is 0.47% down since the beginning of the trading day. The stock's last reported lowest price was 170.0. Crane has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Crane Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of November 2024 and ending today, the 2nd of December 2024. Click here to learn more.
Although Crane's alpha and beta are two of the key measurements used to evaluate Crane'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 Crane stock to make a market-neutral strategy. Peer analysis of Crane could also be used in its relative valuation, which is a method of valuing Crane by comparing valuation metrics with similar companies.
When running Crane's price analysis, check to measure Crane's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crane is operating at the current time. Most of Crane's value examination focuses on studying past and present price action to predict the probability of Crane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crane's price. Additionally, you may evaluate how the addition of Crane to your portfolios can decrease your overall portfolio volatility.