NIGERIAN BREWERIES is trading at 33.15 as of the 23rd of March 2025, a 2.00 percent increase since the beginning of the trading day. The stock's open price was 32.5. NIGERIAN BREWERIES has hardly any chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 23rd of December 2024 and ending today, the 23rd of March 2025. Click here to learn more.
Although NIGERIAN BREWERIES's alpha and beta are two of the key measurements used to evaluate NIGERIAN BREWERIES'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 NIGERIAN BREWERIES stock to make a market-neutral strategy. Peer analysis of NIGERIAN BREWERIES could also be used in its relative valuation, which is a method of valuing NIGERIAN BREWERIES by comparing valuation metrics with similar companies.