Redcare Pharmacy is selling for under 150.30 as of the 14th of December 2024; that is 6.06 percent down since the beginning of the trading day. The stock's last reported lowest price was 150.3. Redcare Pharmacy has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 17th of June 2024 and ending today, the 14th of December 2024. Click here to learn more.
Although Redcare Pharmacy's alpha and beta are two of the key measurements used to evaluate Redcare Pharmacy'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 Redcare Pharmacy stock to make a market-neutral strategy. Peer analysis of Redcare Pharmacy could also be used in its relative valuation, which is a method of valuing Redcare Pharmacy by comparing valuation metrics with similar companies.
When running Redcare Pharmacy's price analysis, check to measure Redcare Pharmacy'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 Redcare Pharmacy is operating at the current time. Most of Redcare Pharmacy's value examination focuses on studying past and present price action to predict the probability of Redcare Pharmacy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Redcare Pharmacy's price. Additionally, you may evaluate how the addition of Redcare Pharmacy to your portfolios can decrease your overall portfolio volatility.