TRANS NATIONWIDE is trading at 1.38 as of the 26th of December 2024; that is No Change since the beginning of the trading day. The stock's open price was 1.38. TRANS NATIONWIDE 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 27th of October 2024 and ending today, the 26th of December 2024. Click here to learn more.
Although TRANS NATIONWIDE's alpha and beta are two of the key measurements used to evaluate TRANS NATIONWIDE'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 TRANS NATIONWIDE stock to make a market-neutral strategy. Peer analysis of TRANS NATIONWIDE could also be used in its relative valuation, which is a method of valuing TRANS NATIONWIDE by comparing valuation metrics with similar companies.
When running TRANS NATIONWIDE's price analysis, check to measure TRANS NATIONWIDE'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 TRANS NATIONWIDE is operating at the current time. Most of TRANS NATIONWIDE's value examination focuses on studying past and present price action to predict the probability of TRANS NATIONWIDE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TRANS NATIONWIDE's price. Additionally, you may evaluate how the addition of TRANS NATIONWIDE to your portfolios can decrease your overall portfolio volatility.