Sun International is trading at 4382.00 as of the 2nd of January 2025, a 0.14 percent increase since the beginning of the trading day. The stock's lowest day price was 4280.0. Sun International 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 3rd of December 2024 and ending today, the 2nd of January 2025. Click here to learn more.
Although Sun International's alpha and beta are two of the key measurements used to evaluate Sun International'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 Sun International stock to make a market-neutral strategy. Peer analysis of Sun International could also be used in its relative valuation, which is a method of valuing Sun International by comparing valuation metrics with similar companies.