Industrial Engineering is trading at 0.26 as of the 14th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.26. Industrial Engineering 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 15th of September 2024 and ending today, the 14th of December 2024. Click here to learn more.
Although Industrial Engineering's alpha and beta are two of the key measurements used to evaluate Industrial Engineering'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 Industrial Engineering stock to make a market-neutral strategy. Peer analysis of Industrial Engineering could also be used in its relative valuation, which is a method of valuing Industrial Engineering by comparing valuation metrics with similar companies.