Westaim Corp is selling for under 20.04 as of the 26th of December 2024; that is 1.18% down since the beginning of the trading day. The stock's last reported lowest price was 20.04. Westaim Corp has hardly any chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Westaim Corp has reported 6 for 1 split on 27th of December 2024. The performance scores are derived for the period starting the 5th of February 2023 and ending today, the 26th of December 2024. Click here to learn more.
Although Westaim Corp's alpha and beta are two of the key measurements used to evaluate Westaim Corp'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 Westaim Corp stock to make a market-neutral strategy. Peer analysis of Westaim Corp could also be used in its relative valuation, which is a method of valuing Westaim Corp by comparing valuation metrics with similar companies.
When running Westaim Corp's price analysis, check to measure Westaim Corp'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 Westaim Corp is operating at the current time. Most of Westaim Corp's value examination focuses on studying past and present price action to predict the probability of Westaim Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westaim Corp's price. Additionally, you may evaluate how the addition of Westaim Corp to your portfolios can decrease your overall portfolio volatility.