White Pearl is trading at 5.96 as of the 1st of December 2024, a 0.34 percent increase since the beginning of the trading day. The stock's open price was 5.94. White Pearl has hardly any chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for White Pearl Technology are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Although White Pearl's alpha and beta are two of the key measurements used to evaluate White Pearl'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 White Pearl stock to make a market-neutral strategy. Peer analysis of White Pearl could also be used in its relative valuation, which is a method of valuing White Pearl by comparing valuation metrics with similar companies.